On 5/23/2010 7:23 AM, Christoph Reuss wrote: > This can only be explained with a pathological greed / gambling addiction >
Those who are low profile and behind the scenes, are (IMHO) the largest manipulators. They control credit money creation (with its guaranteed interest free lunch), and they influence governments policies (politics in Chris's words below). There are millions (maybe hundreds of millions) of speculators. Those investing their retirement savings, buying real estate for second homes or investment (incl rentals), buying artwork beyond the $100 decorative sort, buying antiques, numismatics, collectibles, fine wines to cellar, etc are normal savers, hobbyists and partly speculators > -- the insatiable can never reap enough. Bell Curve puts some at the extremes, for sure. It may be power more than greed. It is an addiction. And I hate it as much as Chris does. The (free rider) taking of natural wealth and the dumping of wastes (economic externalities)are more damaging in my opinion, than the money in the bank. I did quote the Globe and Mail from the mid-90s on the 500 mega wealthy families. Some are far more destructive than others in my opinion. Various mafias fit that bill > It would be the task of politics > to prevent these individuals from destroying whole economies. Antisocial > speculation could simply be outlawed, if politics wasn't in bed with the > speculators. Politics has to be taken over by non-Predators to correct that. > I agree, adding that imbalances will never be eliminated, and that protecting the commons is unquestionably of equal or greater importance in my view. Steve > > _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
