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Old 11-18-2010, 05:22 PM
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zambizzi zambizzi is offline
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Default Re: A funny state of the economy

Originally Posted by Pollyanna View Post
Godwin's Law!
Ha! No. Not in this case. From the horse's mouth:

"But the most convincing evidence of Keynes's strong fascist bent was the special foreword he prepared for the German edition of The General Theory. This German translation, published in late 1936, included a special introduction for the benefit of Keynes's German readers and for the Nazi regime under which it was published. Not surprisingly, Harrod's idolatrous Life of Keynes makes no mention of this introduction, although it was included two decades later in volume seven of the Collected Writings along with forewords to the Japanese and French editions.

The German introduction, which has scarcely received the benefit of extensive commentary by Keynesian exegetes, includes the following statements by Keynes: "Nevertheless the theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of production and distribution of a given output produced under conditions of free competition and a lance measure of laissez-faire." (Keynes 1973 [1936]: p. xxvi. Cf. Martin 1971: pp. 2005; Hazlitt [1959] 1973: p. 277; Brunner 1987: p. 38ff.; Hayek 1967: p. 346)"

Originally Posted by aydee View Post

( I knew all along that you were a really an economist hiding being your Pearl Masters..)
That somehow makes my role as a drummer seem...less sexy. :D

Originally Posted by nhzoso View Post
So why we are all distracted with our arguments dems, rep's conservative, liberal.. the real smart people are doing this..
That's just it; these arguments are a distraction, at best. There are no political solutions to our problems, only market solutions. Look within for leadership. The "Tea Party", liberals, conservatives, etc. - it's all indistinguishably imminent failure and a frivolous waste of your time and energy. These people are intentionally vague and contradictory in their expressed goals because they don't serve you, they serve themselves.

Originally Posted by harryconway View Post
And this whole communism, socialism, libraltarianism, semantics .... who cares "what" you call it. It's coming. Like the big alien motherships, from another planet. You can't run. You can't hide. You ain't got a vote in the matter. It's coming. And it's bigger than any one government/nation. It's the "New World Order" in HD.
I strongly disagree (unless you were joking ;) Referring to this and also, Polly and nhzoso's discussion: politics is a cesspool of pessimism. Correctly assessing the world from an economic point of view is optimistic.

There is no "NWO". I don't believe in all of this dystopian if we'll all live in prison camps someday. This is naive and it lends far too much credit to the goons who currently run the world. Huxley and Orwell were great fiction writers, not well-read economists. You can remain optimistic because the market will correct the wrongs. Top-heavy states/empires all over the world...England, Europe, E. Europe, the US, are going broke. The parasitic nature of state-capitalism guarantees eventual collapse, which guarantees a dramatically smaller state. A smaller state equals more economic freedom, and economic freedom is one-in-the-same with individual liberty.
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