Unfortunately, I agree with the paragraph quoted but only up to the end of
the first (long) sentence... My gloomy assessment is that the bad guys have
now been more or less able to close the circle (through the judicious use of
the media, huge amounts of money, complacent political classes, and an
effective intervention into the noosphere (societal ideation)).  The
evidence from Wisconsin, Greece, Canada is that they are able to twist
democracy to support policies which make things worse for the mass of the
population and to put in place measures which lock-in and reinforce their
political position.  My feeling is that the system is more likely to implode
rather than move to any broadly desireable outcome including the laughable
insanity of " return of true capitalism and the free market" whatever on
earth that might possibly mean.
 
M
 -----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Arthur Cordell
Sent: Tuesday, June 19, 2012 6:23 AM
To: 'RE-DESIGNING WORK, INCOME DISTRIBUTION,EDUCATION'
Subject: Re: [Futurework] gloomy America



>From Steve Kurtz.

 

From: [email protected]
[mailto:[email protected]] On Behalf Of Steve Kurtz
Sent: Tuesday, June 19, 2012 5:42 AM
Subject: [Ottawadissenters] Clive Maund



(thanks to A.P. in Zurich)

 

Note that this is apart from natural resource bottlenecks which could
inhibit material throughput in future recovery attempts.  

 

Steve

 

http://www.clivemaund.com/article.php?art_id=2744

 

 

last bits of a short article:

 

 The world needs a long and deep depression in order to purge itself of
excess debt and the distortions, inefficiences and misallocation of capital
resulting therefrom, and it is going to get it, QE and hyperinflation first
or not. All the daily noise in the media about the Greek election, or any
elections, or the hyped up Fed meetings and pronouncements, or what Mrs
Merkel thinks and says etc is just irrelevant fluff, detail and distraction
for the unthinking masses, and ultimately is not going to avert the grim
outcome of this appalling mess. Not until all this debt is repudiated and
the world has gotten the usurious banking system off its back, with its
tentacles reaching deep into government everywhere, will the world be able
to move forward again. Then at long last we will be able to hail the return
of true capitalism and the free market.

 






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