It’s always good to see a careful and well written explication of the structural failure of capitalism. This always has the benefit of showing how well these failures have been studied and understood. That makes it interesting to me as there will be, as if by magic, a list of deniers with rote denunciations. Given the short lifespan of capitalist states as explained here, the reaction can be seen humorously as it calls on eternal and divine assumptions with a perfectly straight face. As a corollary the term ‘socialism’ is immediately erected and viciously attacked, or at least whacked soundly about the head, to clarify that there is only one route to happiness and that can be only for the very few who hold true to the sacred need for suffering of the many. Where would we be if everyone were happy? The tiny few would be just like everyone else then and how would we know what to hold in our dreams of the unattainable. Unattainable material wealth is the only correct definition of happiness, right? This leaves the sacred dogmas to be bowed before and honored:
Urgent rejection of these realities is essential as they are far too dangerous to allow to stand. We are defined by greed and how dare someone show the logical fallacy of a failing economic system?
How can a system be failing when Wall Street is at all time highs? That the numbers are self generated by the same assumptions shown as very questionable here is too complex to even think.
But abject proverty is only between 15–20% in the US and is going down generally. The great majority are not starving and are at least two or three weeks away from being homeless. Who could ask for anything more. But this situation has been true for decades and appear to be moving the wrong direction in the last few years as the failings become more extreme.
Could it be that these things are causing more and more people to question the promised land? It certainly appears that wandering in the wilderness has begun to wear thin.
But of course it has and this article simply pokes the dying bear in its den. Things are happening that will replace both the political and economic structure that these people hold as sacred. The bear will die slowly and with few around to notice. Watch the transition to new, as needed currencies, and blockchain for automated and transparent governance replacing the old governments.
