Posts Tagged ‘economics’
Friday, October 7th, 2016
The phrase “trickle-down economics” has been flying around the airwaves lately, so it is worth explaining what it is. As with most terms of Leftist invention, this misnomer is designed to imply that the wealthy gain more wealth and small amounts of it “trickle down” to the rest of us.
The idea behind trickle-down economics is to raise the wealth of the economy as a whole, which both lowers costs and increases the actual value of currency (i.e. what you can buy for it). This creates greater purchasing power for the citizen than giving them direct benefits such as welfare, which adulterate the value of currency because its basis is debt or at least, an end-user spending model where those benefits do not create force multipliers in the economy as investments in infrastructure would do.
Your average liberal is shocked by this. People need money; why not give them money? The answer is that money has no fixed value. It is worth only the value of what is backing it, in the conservative view, or what people will do to acquire it, in the liberal view (demand-based economics). Also, time passes. If we spend money now in a way that does not make more money in the future, we lower its actual value.
Think of it this way. Farmers Jim and Joe are both poor and starving. If we cut regulations, unions and lawsuit risk, the companies that make farm equipment will thrive, increasing competition. This consistently drives down prices. At this point, Farmer Jim can take a loan, get the equipment, and then have a thriving farm.
If instead we follow the liberal model and subsidize Farmer Joe, he gets money which he spends immediately on survival, which means that the wealth flows to those at the end of the supply chain, usually retailers. This does not increase wealth substantially as they have no incentive to improve under this system. Further, Farmer Joe is left with no possibility of ever making his farm sufficient.
The Soviet Union collapsed — as have other economies like Cuba and Venezuela, both of whom would be thriving under a halfway sane economic policy — for a number of reasons, but a big one was no investment in its citizens. As a result, nothing improved, and no one had any incentive to do better. A kind of economic and social heat death resulted.
As a third option, classical European civilization had a different idea: entrust the wealth and power to those who are proven to be good leaders of good ability and moral character. That way, they can increase wealth and use it to acquire land, then hire the others to work this land and return money. This model could also work with industry.
Civilization faces constant threat because it must always expand or die, unless it focuses that energy on expansion of a qualitative level instead of a quantitative (i.e. “more”/”larger”) one. This requires concentrating wealth, but by putting it in the hands of the good or at least the competent, everyone benefits. The Leftist model is the opposite, which spreads the money thin and then fails because it cannot concentrate wealth to achieve growth in quantity or quality.
Leftists like to attack trickle-down economics as welfare for the rich, when it really is a cessation of interruption of the process of making wealth multiply. They style it as the big guys crushing the little guys, forgetting that little guys depend on the big guys for jobs, currency value, stock value and products. We can discard the Leftist critique on that basis.
Libertarians often talk about the concept that “a rising tide lifts all boats.” When a society is productive, and minimizes the amount of money it siphons from the productive to the unproductive including government and welfare, its value increases because wealth concentrates and can be applied toward force multipliers such as technology, organization or quality improvement.
The ideal of civilization proposed around here, the four pillars, emphasizes hierarchy for this reason. Socialism dissipates wealth and the ability to apply ourselves. Hierarchy puts the thriving at the top and lets the rest of us benefit, which although it is indirect avoids the boom/bust cycle of regulated economies.
Nothing of this level of complexity will make it into the debate, even at the highest levels of business and academia, because much as they dissipate wealth, Leftists also dilute accurate thinking and make it both taboo and baffling to the normal citizen when it is spoken. You might as well step down out of a UFO and say “Klaatu barada nikto” as advocate trickle-down economics, even if it is the only workable model.
Saturday, September 3rd, 2016
Organized society mostly promotes separation of Church and State, as well as separation of powers such as between legislative, executive and the judiciary. This separation prevents for the most part corruptive enterprises also known as white collar crime, whereas (in other cases) sometimes the opposite is required i.e. to integrate, coordinate or to provide seamless operations.
An additional function requiring more separation these days is “economics and politics” while another function requiring less separation is “philosophy and politics”.
These functions can be combined in a continuum as follows:
Philosophy both separates politics from economy and serves as the balancing point between the two. We can see this in current Western civilization.
Imagine that politics decided to implement the liberal-democratic ideology for all countries. Initially this leads to fair economic growth and most people are happy because one benefit punted by this ideology, was that it will increase the middle-class. This would also lead to stability in the populace that would benefit both lower and upper classes.
But after a few generations, some people became unhappy because the economy is not good. Corporations cannot make money, so economists initiated the quantitative easing “experiment” to see if that will help. Since money was no object for corporations anymore, they promptly attempted to revitalize the middle-class. Then this failed too.
The problem is that the middle-class does not want money. Then pressure on corporations increase even further and that depletes the middle-class even further. Investors get agitated and put pressure on politicians, but politicians do not realize they have to change their ideology, so they go dark.
Disentangling oneself from this mess allows a more focused view. Politicians are feverishly playing their own “system” while economists are feverishly playing another “system.” This is getting so bad nowadays, that politicians become economists and vice versa, while everybody loses.
One way to keep them all honest (and wealthy) is to insert unbiased philosophers inbetween.
Take a specific example such as the European Union. It is a monetary union separated from its political union. Being a monetary union means businesses get priority, this allows for the importation of cheap labor from Africa. However, this is not politically tenable, leading to a serious growth in political opposition that may actually break the monetary union apart.
A philosopher-king can impose a mediating force. Neither economics nor politics alone can solve this situation, since economics will sacrifice all other disciplines for lowest cost and highest efficiency, and politics rewards what is popular at the moment.
Instead, we need a continuously monitored stabilizing factor. Philosophy looks at what is true, not what humans want to think is true or what benefits some but not all aspects of society, as economics does. By virtue of peering into long-term consequences, and their effect on civilization as a whole, philosophy mediates the extremes of politics and economics, which ultimately should be seen as tools toward the ends that philosophy defines.
When we removed the power of the kings, we took away the arbitrary strong power required to say “this is the right thing to do, even if it will not appear that way for centuries or millennia.” This is what philosophy does: it compares truths, and finds the most realistic ones, and matches them up with our rarely-articulated inner desire for greatness, meaning, mystery and significance.
Economics, as a tool and not a goal in itself, has a tendency to burn itself out by dominating the field and then for short-term gain, rendering necessary long-term implements unnecessary. Similarly, politics sacrifices the invisible stability and health of a civilization for panics and trends. Without a balancing factor in the middle, these two positive forces become destructive ones.
This theme appears in all organizations where dark organizational tendencies erupt within. The part stands for the whole, the tool becomes the master, and the short-term obviates long-term needs. Dark organizational might be seen as this process of parasitism, where purpose becomes hijacked by convenience.
As applied to the contemporary Western Civilization, this concept means more than a desire for philosopher-kings: we need a balance, or unison, between the different types of power in our society so they work together toward the same goal. More than fighting political problems on the surface, this promises a saner future by fixing the root of our disorganization.
Tuesday, August 16th, 2016
The US Debt Clock measures the extent to which US Government spending exceeds revenues accrued to date. Our current figure is equal to $19,411,632 Million and it will increase noticeably by the time this piece has been published. This is an obvious problem. What is less obvious, is the knock-on problem caused by our government’s current solution. That solution involves our government utilizing an official inflation rate that understates what the common American experiences in daily life. Charles Hugh Smith explains below.
In our household, we measure inflation with the Burrito Index: How much has the cost of a regular burrito at our favorite taco truck gone up? Since we keep detailed records of expenses (a necessity if you’re a self-employed free-lance writer), I can track the real-world inflation of the Burrito Index with great accuracy: the cost of a regular burrito from our local taco truck has gone up from $2.50 in 2001 to $5 in 2010 to $6.50 in 2016.
If we did an Independent Cost Estimate (ICE) on Charles’ favorite burrito under the assumption that the USG was reporting an accurate rate of inflation that applied to all commodities equally, we would believe based on our estimate that the burrito should cost $3.40. If we define the term reality deficit as the delta between an observed cost and a should cost based upon the good faith of the USG annual inflation rate, we get a burrito-based reality deficit equal to $3.10.
Employing some mathematical prestidigitation, we can back out a fourteen-year cumulative rate of inflation equal to 36% for the ICE. The actual rate of increase on the burrito equals 160%. Economists will point out that one data point never defines a trend. Besides, once you’ve added enough Tabasco Sauce, the burrito tastes the same either way. Smith points out that similar reality deficits occur with college education and healthcare. Economists will argue computers and communications systems are cheaper. But as a heckling reporter once told Alan Greenspan; “I can’t eat an iPhone.”
So why would we understate official inflation? To borrow at a lower rate of interest by deliberately underestimating the time preference of money. The lending interest rate will consist of two priced risks. The default risk and the time value of money risk. The US Dollar is the global reserve currency of last resort. This drops our default premium near zero. The US pays the monetary time preference when it borrows internationally. Successfully under-reporting this time preference allows the USG to short customers on Treasury Bond Interest Rates. An artificially low return on Treasury Bonds becomes a form of reverse usury.
So what happens when your paycheck is going up at a notch or two above reported inflation while food and healthcare continue to rise at an accelerated rate? People can’t afford very nice toys anymore. They spend more and more to keep up, so spending diverges from actual economic growth. People also eat their seed corn as their burn rate increases more rapidly than their remuneration. The LA Times cheerleads all of this below.
Consumer spending remained strong in June, increasing 0.4% as incomes continued a slow but steady increase, the Commerce Department said Tuesday. Last month’s spending increase matched May’s, as did the 0.2% growth in personal incomes.
With spending outpacing incomes, Americans saved less in June. The percentage of disposable income saved decreased to 5.3%, the fourth-straight monthly decline.
That difference between spending and economic growth? That’s a negative impact of our current reality deficit. We spend more, get paid less and receive less in real value. We wind up saving less just to live today at the same level of expenditure. So the differential between what the Government admits to in inflation and what we experience in our daily lives is effectively a tax that covers the difference between what the government pays and what the government should pay to borrow money it does not have to cover current year spending.
Unlike the national deficit that will never be paid in an honest fashion, the reality deficit will always be paid in full until such a time that it becomes unaffordable. Once this reality dhimmitude becomes unpayable, the system will collapse. This has recently happened in The Soviet Union, North Korea, Zimbabwe and is currently ongoing in Venezuela. Only a historical illiterate would assume that it will not eventually happen to Amerika as well. Reality reacts really poorly when you fail to pay up the vigorish.
Friday, February 19th, 2016
Recently an economist asked whether American productivity was actually in decline as reported, because there was some suggestion that measurement criteria may be faulty. In theory, since US competitiveness has “improved,” productivity should also have improved. But this takes us into the woolly world of globalist economics.
The World Economic Forum defines competitiveness as follows:
…the set of institutions, policies, and factors that determine the level of productivity of a country.
The World Competitiveness Report is actually a very interesting, intensive document and I would appreciate philosopher kings reading it. Apart from our paradoxical world where economic modelling of productivity contradicts with competitive measures, it appears that quality itself is also deteriorating. Measurements simply do not tally up anymore because of a lack of Quality Assurance and Control.
For example, take how Donald Trump polls before Iowa differed from the actual vote outcome. In addition Trump’s non-PC approach seems to contradict the generally accepted norms of the GOP; in fact, it exposed the lies of the some incumbents currently supporting the same party. Clearly there is a total lack of quality control in how polling and political parties work.
his has even gone so far that people accept “fact-checking” as the “norm.” In other words, independent fact checking has now been accepted as the “new” quality norm obviating the need for politicians to apply their own quality policies. This sad state of affairs can be seen in companies too –- despite companies having registered their ISO standards –- it has become a marketing tool only.
Another aspect of competitiveness can be seen in the changing assessment of Syrian competitiveness. According to the Global Competitiveness Index (GCI) of 2007 and 2011, Syria fell from its position at 80 (out of approximately 150 countries participating, with lower scores being more competitive) to 98. This is clearly a serious drop requiring further evaluation.
The GCI process measures and allocates all participating countries into three competitive groups as follows:
All together there are 12 pillars distributed between these three groups which allows the “judges” to fairly accurately allocate a country; for example, Syria was allocated to the “Basic Requirements” group because of its good merits in the first four pillars and bad merits in the other eight pillars. Obviously it is not a problem but in fact is intended to provide assistance (free of charge) to politicians in Syria to bite the bullet as it were.
In the 2016 report Syria appeared to have disappeared, most likely caused by their inability to even participate. This is where things become interesting. Clearly the World would benefit by encouraging Syria to improve (as it were), so why drop them from the GCI Report?
Before I answer that, let’s take a detour to what the GCI Report thought about 9/11.
From the above, three interesting paragraphs emerge:
- “This Report makes a key implicit assumption that economic integration will continue in the years ahead”
- “In the longer term, the terrorist attacks will have a lasting negative impact if the policy responses trigger a reversal of the global economic integration that has characterized the past twenty years”
- “market uncertainty have the potential to raise costs of cross-border business to levels not seen in decades”
Despite enormous losses suffered from the 9/11 terror attacks, globalists really want to have an integrated economic system in the world with no borders because it will reduce their costs. Even a two trillion dollar loss is unimportant to achieve this goal. This is why Bush never killed Osama –- (it is unimportant) and Obama killed him (because it’s unimportant).
This is only one aspect we learn from Syria and Competitiveness. Syria fell off the report because cross-border trade to/from Syria is not an issue anymore.
Another aspect from the GCI report assesses the migrant world. Migrants appear to like moving to Germany and France as a lot of people have noticed. In other words, people from number 98 are moving to live with people at number six or 18. If one considers that Syria only performs well in four out of 12 pillars, imagine the re-education Germany will have to implement in order to educate Syrian adults and children on the additional eight pillars.
The last jewel the GCI report provides in this short evaluation relates to debt. Based on the latest trend to incur debt by simply flooding the marketplace (banks) with money (this is undoubtedly good for Globalists), it points out quite emphatically the following:
The accrual of public debt can enhance competitiveness if it is used to finance investments that raise productivity, such as upgrading schools or supporting research. However, if debt is used to finance present consumption, it burdens the economy in the long run with little tangible benefit.
General feedback regarding quantitative easing is that banks did not lend it to borrowers. They apparently used it via stock exchanges across the world to make money.
If one takes how much was spent to “fix Iraq” or Afghanistan, then one can imagine what it will cost to fix Syria. However, since that investment did not come from Syrians themselves, but from “across” the “cheap” border, the productivity of Syria will not improve, and neither will the economy of America because it is all a bubble.
Clearly globalists do not want quality measures because those increase costs (e.g. Iraqi buildings were never even finished), they do not want borders because those increase costs, but they do want countries with taxpayers to socialize those costs because that will be very productive for the globalists.
The contradiction is that having quality processes and borders is actually good for the middle-class. We have to instruct our elected representatives to represent their electorate (or get prosecuted) and not their donors, simply because it improves competitiveness (the correct way). This is important because bad economy correlates with increased mortality (Syria and Zimbabwe).
One simple improvement may be proposed here (for evaluation): Implement a system manager in each country to perform the necessary loss-benefit analysis of any national policy for its own tax-payers and then implement an enforced quality assurance process that will follow that investment through to its predicted outcome.
This is what Trump intends doing IMO: like a good manager, to run America with its own quality-assured, competitive system. No more “competitive or productive measurements from foreigners” will be necessary after that. They can keep all of that for themselves (especially the incorrect measurement parts).
Thursday, January 28th, 2016
Do you know what really makes economists sad these days? Do you know what scares them? $10 per Blue Barrel Oil. I’m looking at this and wonder how these doomsayers turn chicken salad into something considerably less savory that comes out of a different part of the fowl.
Cheaper oil means cheaper motive power. Until John Galt invents the perpetual motion engine in his secret mountain hideaway, cheaper oil is the most effective and efficient way to make it easier for the masses to heat their homes, get from point A to point B, and save money on their food and entertainment that anyone could think of. Knock gasoline to $1.00 a gallon and my world gets about a $2,000/year pay raise. If you have your kids in a private school to avoid the gawdawful public ones, $1.00/ gallon gasoline is a 5% coupon towards the tuition.
But when we look at how the prospect $10 per Blue Barrel oil gets written up, you would think most of the people in the oil and gas exploration industry were cheering for M. King Hubbert’s Peak. So what happens when shale oil technology gives us Hubbert’s Lush, Green Valley instead?
Many oil exporters have already been put under pressure by the slump in prices. Among them, Russia and Latin American countries such as Venezuela, Colombia and Ecuador. Gulf states have also come under strain, with Saudi Arabia unveiling a record budget deficit of 367bn riyals (£67bn) for last year. Bank of America Merrill Lynch economists said the oil price slump meant that “the era of [Saudi’s] material overspending is likely firmly behind us”.
So let me see if I can wrap my little, stunted brain around the pissing, moaning and angst I hear before me. We have to stop fracking. We have to reduce crude oil production. We have to cut back on all the partying or else! Or else what?
- Saudi Arabia could lose lots of money. Where would ISIS go for its oral fatwas and monetary donations? I’d be deeply saddened if the university that gave Abu Bakker Al Baghdadi a PhD in theology had to shut down.
- Venezuela could afford far less socialism. That’s a bit like an alcoholic bum no longer being able to afford another bottle of Wild Irish Rose. I’m still failing to grasp the fundamental crisis here.
- Russia can’t afford the antacid tablets it needs to comfortably swallow the Ukraine. Cry me a river of vodka tears, Ivan.
But couldn’t domestic producers also suffer. I mean British Petroleum is laying off 4,000 people in Scotland over this. Couldn’t this do the same thing to Exxon and Occidental petroleum in the good old US of Amerika?
Sure. Bring it. These are corporations that have deliberately aided and abetted the lies that were recently told in Paris about the deadly impacts of global climate change. Why would Exxon throw in with the Warministas? For the artificial scarcity and regulation that would be imposed.
Surely you jest, JPW! Corporations hate regulations and artificial scarcities. They fund lobbies to prevent this stuff from happening. It’s the gravamen for the existence of Conservative Inc.™ Oh if only it bloody were, you Simpleton Mutts!
Artificial scarcities rock if you partially corner the market in the artificially scare item. Hubbert’s Peak was a gift from the heaven to any major petroleum producer fortunate enough to own the mineral rights to several large fields. Prices are a partial function of scarcity. They move inversely with commodity supply. If you can’t come by scarcity honestly, you can still kill abundant supply it if you buy a Barack Obama and get it shut off by disingenuous fiat instead.
As for regulations. Major corporations love them. Ma and Pa Middleton, Thomas Edison in his cozy, little lab and anyone else who moves product in basketfulls rather than truckloads gets killed by them. The impact of a regulation gets mitigated by scale. If the regulation in question imposes a unit cost that damages a business’s competitive pricing strategy, it imposes far less of one if that number of units in the denominator has a long a vapor trail of zeroes behind the lead digit. This doesn’t even impose a fly bite on Exxon. It potential kills a small fracking outfit. Thus, through the magic of Barack Obama’s hope and change, we can regulate all of Exxon Mobil’s competition out of existence and prevent large parasitic corporations from ever having to face the impact of improved technology or intelligent business strategy. It’s no big riddle why Exxon Mobil is deeply worried about Global Warming.
So why do the big corporations and major petroleum plutocracies cry about $10 per Blue Barrel oil? Because simple people like me are getting enough wherewithal to not have to put up with Vladimir Putin or Barack Obama’s raft of crap. We don’t have to keep our kids in public schools that are staffed with ignorant teachers if we can more easily afford the drive to a private school. We no longer have to live in hell-holes like Detroit or Chicago if the commute from the ‘Burbs is affordable. With our assets goes the tax base that people like Jesse Jackson vampire off of.
As for the whinging corporations? Can you imagine how the evil villains in the movie Solyent Green would have made out if I had set up JPW’s Chicken Shack right in the middle of their marketplace and gotten away with it? Innovative business strategies are an anathema to major corporations. So is technological progress and individual success by anyone not in the corporate boardroom. These corporations therefore buy leftwing political influence to prevent intelligent thought from being rewarded and to tamp down on any personal success that gets attained through the use of anybody else’s products. Moldbug basically screwed up when he failed to include The Forbes 500 in the membership rolls of his Cathedral. This is why all of the people I have written about above will massively intervene and thoroughly screw it up before any of us get to enjoy the positive and life-enhancing benefits of $10 per Blue Barrel oil.
Wednesday, April 30th, 2008
Europe…has high domestic savings rates and balanced trade accounts with the rest of the world. Europe, unlike the United States, is not increasingly in hock to China.
A senior French banking official told me, “If a banker promoted these subprime mortgages here, he would go to jail.”
In a recent interview, Germany’s Gunter Verheugen, vice president of the European Commission, told me, “We need a strong and competitive industrial base in order to have a strong service economy. Don’t try to be cheaper. Try to be better. Don’t try to compete on low social standards.”
Tuesday, June 7th, 2005
Life is conflict; or rather, as in all cases with the word “is,” it’s appropriate to say that life “contains” conflict. One attribute of life is conflict. However you phrase it, in order to avoid the glib leftist censors who are sure that if we just stopped using “to be” verbs, all would be peachy and a socialist, multicultural, pluralist paradise would finally pull us out of the dark age, the truth is there: life is full of conflict. If you have a healthy view of life, you acclimate to this, and stop taking conflict seriously; you see it as how life is transacted, and don’t take it personally, but might even have a laughing attitude toward it even if it is potentially fatal to you.
Because you love life, and because life necessarily involves conflict, you don’t go on some Christian/leftist crusade about how we “should” stop conflict because it’s bad because in conflict, there’s usually someone who’s the loser while another is a winner. If you love life, you see conflict as useful, even if it is personally disadvantageous to you, because you love life more than your own fortunes. This is the heroic attitude that is traditional to Indo-European societies, and it was replaced by the Jewish-Christian view, which is that heroism is crazy and the best option any of us has is to save our own life, therefore death and conflict “should” be made illegal or at least immoral. Indo-European civilizations valued heroism and were thus always striving upward; Jewish and Christian civilizations valued individual life, and therefore are always collapsing inward into greater selfishness and neurotic fear. Modern civilization came about in part because of our technology, but in part because we embraced reckless selfishness that allowed insane profits, a viewpoint justified by Judeo-Christian belief.
However, once we’ve gotten over the insanity of trying to tell life it “should” outlaw conflict, and thus some being losers including losers of their own lives, we can see that life is conflict and conflict is a means to an end, much as our own lives are means to the end of life itself. This is basic intellectual maturity, and in healthier days, this came to our children at roughly age 15, although it was mostly realized by men; per discussion in Evola’s “The Mystery of the Grail,” women already have a certain realization of nihilism regarding mortality, and strive not to eliminate it but are purely adaptive to it, mostly because their logical system is exclusively inductive where that of males is exclusively deductive (this sounds unreasonable until you consider the ideal logical system for raising families so that as many as possible survive; the male mandate is to make sure only the right matches in any situation survive, and consequently, for the most part men are terrible heads of families). Acceptance of conflict, and transcendence of the fear of loss and death, is necessary to move ahead and have a fulfilling life, much less one where one can do what is necessary to fix situations without becoming craven because one “might” become dead.
Nevertheless, there is a subtler way to try to deal with conflict that one sees quite a bit in modern civilization. If you’re in an argument and are afraid of losing, you can always appeal to a higher source; in simple arguments, people do this by trying to “prove” their points with definitions from the dictionary, or by appealing to some source that is considered the end-all and be-all of wisdom in that genre. People often refer to these as “God Says” arguments, because they are appeals to something which is outside the scope of the argument and yet is presumed to be relevant to the argument. It’s like using something that doesn’t exist in this world to end a conflict that does exist in this world, and it’s the rhetorical equivalent of a thermonuclear device for most arguments. Conflict arises; one person asserts a belief; and the other person says God says otherwise, and therefore, the first person is wrong. Argument over, right?
This article is not a polemic against God. In fact, of all the articles on this site, this one is designed to avoid insulting or slighting anyone’s God, because the question of God is beyond its scope and totally irrelevant to what we’re saying here. For the sake of argument, in fact, please assume there is a God, and that he or she does have opinions. However, recognize that the concept of God is necessarily outside of this world: for something to be the source of all things, and to control them, it cannot be those things. It must be a central order outside of the things over which it rules. In fact, monotheism is the original form of ultracentralization, because in its belief there is a necessary addition to this world in which a single authority asserts varying degrees of control over this world. Invoking God in an argument based in this world therefore is like reaching outside of all possibilities and pulling in a “magic bullet” to end an argument. This is not only bad form, but it’s completely illogical, as things outside of the scope of this world cannot have absolute dominion over it, or they would be so tied to it as to not exist independently of it. Herein is the logical trap of “God Says”: to use God in such a way would be to presuppose God is connected to this reality in a way that obliterates his absolute authority, but the “God Says” argument relies on that absolute authority.
As said above, the point of this article is not to defame God, but the “God Says” argument. For the purposes of this article, the reason to bring up “God Says” arguments has nothing to do with God, but something else that exists outside of this world yet in our minds seem to control it in an absolute authority. That thing is money. Money takes a very complicated situation and assigns a simple dollar value to it. You no longer worry about what lives in a field, or how old a tree is, or how important something is to a local community; the only question is its dollar value as a commodity, and putting a dollar value on something necessarily reduces it to a commodity. If someone wants to bring some useless crap product into a grocery store, just because some people might buy it, there’s no questioning of it – money is the argument killer. If money can be made, jobs can be had, and we should all be happy. It’s like appealing to God except money is even more insidious, since we associate it with our own prosperity. To attack some idea because its only justification in money is seen, in our society, as being as heretical as arguing against food.
“Money Says” is often an unstated argument. No one asks any longer whether it’s a good idea to have disposable packaging, or to sell obvious unhealthy junk food, or to have a thousand different mediocre brands where one quality one would suffice. No one asks any longer whether it’s a good idea to tear up an empty field and replace it with a Wal-Mart (unless a marginalized group has a burial field nearby), because we know the answer. New construction means new money. And we as a civilization have literally lost any other means for assessing decisions. Our only question is money. There is no other plan, such as a vision for how empty fields should be used to bring maximal benefit – we assume the “invisible hand” of economics will regulate that, if we even care. We don’t ask what is a logical decision concerning a product like, say, beer; in a logical society, we’d find a reasonable way to distribute it and an effective way to recycle those containers, but in our current time, any kind of tricked-out packaging that might lure a few percentage points more of our idiot population toward buying it is fair game. We don’t even consider the questions of its impact, whether it’s a good idea, etc. “Money Says” has replaced all of our ability to question, to think analytically, to plan.
The consequences of “Money Says” are abundantly visible. Where we could have stretched our fossil fuel supply to last a millennium or longer, and thus had a better chance of establishing space colonies, instead we wasted it on what was profitable in the short term: cars and long commutes from the suburbs, because the multicultural warzone of the inner city was no longer valued as highly as new housing developments. Where we could have had a beautiful planet, we’ve chosen to screw it up so badly that the open oceans are currently toxic to the point where it’s inadvisable to eat fish more than once a week. Where we could have had plentiful nature, instead we chose to breed recklessly and thus overran most of our natural habitats, stripping them of life forms necessary to keep the whole ecosystem alive. We could have had fewer, smarter people living well, but instead we chose to follow “Money Says” and now, as is the case when one follows an illogical path of action, we’ve got a slow suicide: billions of unthinking, unintelligent, and ignoble people who consume recklessly without the ability to think more than 48 hours ahead. They follow orders OK, and like to buy lots of entertainment products, but no culture – and no heroic decisions – will come out of these “last men.” They’re failures as far as the higher capacities of humanity are concerned, and their creation has reversed an evolutionary process, and brought men closer to apes.
Because we followed “Money Says,” and surrendered our logical faculties to an assumption that something outside of this world can somehow determine absolutely how we should organize it (money is an abstraction, thus not actually present in our world), we blew it – or rather, we traded a glorious future for a miserable slow end. As global warming, global pollution, overpopulation, religious and class warfare, and waning energy supplies converge on us, the world is going to change. We will no longer have the abundant resources which empower a “Money Says” point of view, and there will no longer be the presumption that human life is sacred, since we will all have seen the excess produced by being afraid to kill the stupid. And what will result is killing of a brutality unmatched in history. You weep for the six million Jews allegedly lost in Europe during WWII? Cough, cough… you’re going to be looking at six billion dead in the next round, as all the civilizations we have carefully built collapse in on themselves. This is nature’s way of cleaning up. That which is illogical grows fat in summer, but in winter, the herd is thinned. That is what you will soon be witnessing; it may take anywhere between five to fifty years, but yes, it is coming. You can no longer hide in the comfortable oblivion of an absolute such as that projected by a society based on “Money Says.”
Many of us who were not fully deluded by the propaganda – our society is the best, ever! the most enlightened! praise multiculturalism and corporate money and jesus! – have seen this on the horizon for some time, and we are preparing in ways that the rest of you cannot comprehend. When things collapse, we will quickly move toward a new type of order, in which no single absolute assessment determines a situation. Most likely, we will get our slaughter on in degrees you will find appalling, with millions upon millions of men, women and children extinguished for being of lumpenproletariat heritage. The smarter ones will be able to identify each other, and will spare those, of course; we want allies. But for all the people who are products of this “Money Says” society, there will no longer be a use, and their very presence, daily consuming resources and producing waste, will be a threat to the new order, which is one in which natural health is more important than money or popularity. Thus people like me will spend our days in dual states: building with love, and killing with love, as we’re going to eliminate the rest of you and have a blast doing it. Where “Money Says” ruled, illogicality followed and produced a degenerate form of the human race. That’s about to be erased, and the order of the future, unlike “Money Says,” will rest entirely within the logic of this world and will bypass these false absolutes.