Posts Tagged mortage

M – For Money


“Money is coined liberty.” Fyodor Dostoevsky House of the Dead

 The VOC was a prime example of a company who had as much rights as a government. The VOC was founded in 1602 in Holland with seventeen directors known as the Here XVII. They received sole rights from the Dutch government to trade with the East. In their territories they could conclude treaties, build forts and keep garrisons.

The word manumit is a word we rarely hear today it means “to free from slavery, servitude, etc.; emancipate” and is derived from the  Latin manūmittere – to release, from manū from one’s hand + ēmittere to send away.

In the Cape colony both male and female slaves could submit a request to the Council for manumission. In order to secure freedom however, slaves needed to be baptized, and be able to speak Nederduits. In addition, they needed to provide the VOC with a healthy capable male slave to take their place or pay the Company the amount equal to the value of a strong young male slave.

 What has really changed since then?

 Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal — that there is no human relation between master and slave.” – Leo Tolstoy

Mortgage:  In the word mortgage, the mort- is from the Latin word mori (via old french mort) for death and -gage is from the sense of that word meaning a pledge to forfeit something of value if a debt is not repaid. So mortgage is literally a death pledge.

 What do we have to give for our manumission?

Cornell West at Occupy Wall Street.

“Since 1940, Washington has spent the unimaginable sum of $20 trillion ($20,000,000,000,000!) on the military–enough money to have provided for adequate nutrition, clean water, electrification, housing, literacy, and basic health care for the world’s entire population. In the next four years alone an additional $1.2 trillion will go down the military rathole. Today the U.S. military budget is bigger than that of the rest of the United Nations Security Council members combined. This bloated military establishment exists to protect and serve U.S. capital–not only to extend and maintain its domination in what used to be called the Third World, the oppressed countries, but also vis-a-vis its imperialist allies and rivals.” – Richard Becker

“Every gun that is made, every warship launched, every rocket fired signifies in the final sense a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of it laborers, the genius of its scientists and the hopes of its children” — President Dwight D. Eisenhower


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