by ReverseEngineer » Fri 19 Sep 2008, 03:08:15
$this->bbcode_second_pass_quote('dohboi', 'S')orry to be so late in responding, but back a ways specop said:
"How that would apply to ecological stewardship is through allowing companies to grow."
Hmmm...errrr...
Growth is the problem. A system that encourages endless growth as an inherent good is not compatible with "ecological stewardship." Claiming otherwise is the last word in self-serving rationalization.
We are in multiple historic crises of global proportions. I don't have a clear picture of what a real comprehensive plan to address these crises would be, but they are so deep, I suspect anything effective would require a lot of pain from everyone, especially from those who have the most--which on the global scale would presumably include everyone on this forum.
But we have for so long been so deeply inside the ideology that says that "I should never have to give up anything for anyone." I can't see that almost any of those deeply convinced of this ideology will change.
To say that greed is the problem is kind of bizarre. Greed was the engine for the "magic of the market" when things were going relatively well.
Capitalism is based on and must encourage endless and ever more ruthless greed. You can't say "It's not the system, it's greed." Greed is what the system is based on and what the system must perpetuate.
Those who can see this probably already know it. Those who can't will howl their refusal. Not really much use belaboring it further.
As a population, Americans love to love the lifestyle and the "progress" we achieved through capitalism, but of course it came at the expense of others and the expense of the ecosphere, not acknowledged by those who benefitted from it.
In its most recent hyper-expansion over the last decade through the derivatives market, what wealth there was in the world was consolidated into the hands of a few, but as the real wealth started to run thin, there began a Poker Game with various players cashing in their chips to other players in the game. Soon there will be no game of course, with only one player left standing there is no game to be played. To prevent that from happening, more chips are being issued to the remaining players, but no chips are given to the players who cashed out a while back. No matter how many chips you issue to the remaining players though, it still remains true that at the end as long as you keep playing the game, only one of them can be the "winner" here.
So in the end, say the Chinese end up with ALL the chips. They OWN the US, Canada, Russia, India, Europe, Africa and Australia, at least on paper they do. So now I guess this means they have the right to foreclose and force all the people out of their home countries if they can't pay their bills? What? First off, where do these people GO; second China made the obvious mistake of loaning out to a borrower who cannot pay back on the loan! They expect a return on the investment but you cannot leed money from a stone, or a broke and out of work ex-Owner of a construction company either.
Anyhow, the results of this is complete anarchy all over the world, quite in evidence right now. Traders here who played by rules they thought were immutable facts of life see those rules broken every day. The metaphor was used in another thread of "Alice Through the Looking Glass", nothing seems to make sense anymore. Of course not, the rules change every day.
How some order will be restored here is an open question. Clearly however, no order is coming through applying the rules of Capitalism. What sort of society evolves in the aftermath is anyone's guess, but no its not going to happen overnight, nor does it necessarily mean the world is coming to an end.
We are at the Zero Point, and no Rules apply anymore, at least no rules that man makes, only the rules of Nature remain Immutable. You cannot Make Something from Nothing. What goes UP, must come DOWN. Work and Heat are Thermodynamically Equivalent. Those are RULES you can depend on staying true no matter WHAT. Work your system upward from those principles carefully, and maybe you end up with something sustainable. Create Rules or Money out of Thin Air, you have got a House of Cards that WILL tumble down, and so it is now. The only remaining question is precisely how long it takes to reach absolute bottom.
Reverse Engineer