Archives for category: 1989 and the Global Financial Crisises.

Charles Darwin gave us “On the origin of Species”.

We’ve summed it up ‘the survival of the fittest’.
And behaved accordingly. Including some of those who should have known better. “The world of the selfish gene revolves around savage competition, ruthless exploitation, and deceit, and yet, Dawkins argues, acts of apparent altruism do exist in nature.

I reckon all of you know – or at least have heard of, Richard Dawkins.
Compare his celebrity with the relative absence from the public scene ‘enjoyed’ by Ernst Mayr.

And what’s so special about this Mayr guy?
‘Evolution is not as much about the ‘survival of the fittest’ as it is about the ‘demise of the unfit’ ‘

Get it?
In fact, there is no such thing as ‘the fittest’ when we speak about evolution. ‘Fit’ is relative while evolution is a process. Fit is about ‘this moment and this place’ while evolution is about the ability to adapt. To change when needed.

And what has any of these to do with “exploring the consequences of our limited conscience”?

Well, it was us who had interpreted Darwin’s ‘Origin of the Species’ as ‘the survival of the fittest’ individual. It was us who had lionized Dawkins’ ‘Selfish Gene’ and left Mayr’s ‘True’ Evolution in relative darkness…

To sum it up, it is us who are are obsessed with something we call ‘success’.

It is us who keep forgetting that the mighty dinosaurs – maybe the most ‘successful’ animals ever, had been the first to disappear when ‘shit’ had struck. And that is was a meek mammal which had inherited the Earth.

It is our success craving conscience which is highly biased. And I’m not at all sure this is a good thing. In the long run, I mean.

I’ve always been fascinated by quotes which are ambiguous enough to be simultaneously wrong and right.

In this situation, the ambiguity comes from ‘government’ covering three ‘patches of ground’.

‘Method of running a place/country’. (Self)Organized versus chaotic.
‘System in place’ which is used in running a country.
A particular group of people who man, at any given moment, the above mentioned ‘system in place’.

Now, which of the three meanings was at the top of Reagan’s mind when he was uttering those ‘famous’ words?

All governments suffer a recurring problem: Power attracts pathological personalities. It is not that power corrupts but that it is magnetic to the corruptable(sic). Such people have a tendency to become drunk on violence, a condition to which they are quickly addicted.

Frank Herbert

The way I see it, government ‘as a manner of running things’ is a very powerful method. Which had served us rather well, on aggregate. Only it is not fail-proof. Or, more exactly, fool-proof.
Government as a ‘system in place’ is a work in progress. We’ve been improving it since we’ve invented government as an alternative to chaos. Only we need to be very careful. As a man made system it will always be far from perfect. It has not been perfect in the past and, no matter how much effort we’ll put into it, it will always remain perfectible.
Finally, government as ‘the team temporarily in charge’ ‘suffers’ mainly from being composed of humans. Hence both corruptible and attracted to power. Hence liable to do everything to maintain their positions.

‘Liable to do everything to remain in power’.
Which means that it’s our job to keep them on the straight and narrow.
We, The People, are the first to experience the consequences of their decisions. Hence we, all of us, are those who need to keep Government – ‘the team in charge’, on a short leash.
If they want to remain in power, they need to keep us ‘alive’.
They need to keep the system in shape. Working good enough for the vast majority, not for just a few of us. For a few of them, to be more precise.

Otherwise ‘government as a manner of keeping chaos at bay’ would have failed.


What do we have an economy for?

To make ends meet? To make it easier for our needs to be met?

What do we have a banking/financial system for? To mobilize capital for the economy? To make it possible for our needs to be met easier? More efficiently?

Or just for profit to be made?

“It really is possible to do two good things at once: address the abuse of the working poor by payday-loan and check-cashing outfits while expanding the range of services provided by the USPS. Media outlets have called Warren’s proposal “radical.” That’s ludicrous. She’s simply using her position and prominence to highlight the findings of a new study by the Postal Service’s Office of the Inspector General, which notes that roughly 68 million Americans are underserved by the private banking system. “With post offices and postal workers already on the ground,” says Warren, “USPS could partner with banks to make a critical difference for millions of Americans who don’t have basic banking services because there are almost no banks or bank branches in their neighborhoods.”

This is not a new idea. From 1911 to 1967, the Postal Service maintained its own banking system, allowing citizens to open small savings accounts at local post offices—actually a better approach than “partnering” with banks. The system was so successful that after World War II, it had a balance of $3 billion, roughly $30 billion in today’s dollars. Congress did away with postal banking in the 1960s, but post offices in other countries—including Japan, Germany, China and South Korea—provide banking services. Japan Post Bank is consistently ranked as one of the world’s largest financial institutions based on assets.”

Or, to put it the other way around,
‘what profit is?’

The well deserved ‘consequence’ – considered as such by the vast majority of the stakeholders, of a well-done job?
Or a self serving benchmark to be reached at all costs? Which costs are to be ‘shouldered’ by anybody else but the profiteer himself… till reality slaps us, all of us, over our faces…

Let’s face it, in the present circumstances the picture above might mean a lot of things.

It can be a prank – somebody might have made the whole thing up just for the fun of it.
It can also express the frustration of somebody who isn’t such a good speller. Or of somebody who suffers from dyslexia?

What really interests me is how we, the ‘intellectual’ public, react to things like these.
Do we understand the frustration which lies at the bottom of this?
Do we even try to?

Or we just dismiss it as being a manifestation of stupid?

No, I don’t consider the economy as being more important than life preservation. Some very sound arguments can be found here.

But I’m absolutely convinced that treating the ‘others’ with disdain is what brought us here in the first place.

You don’t like the manner in which the likes of Trump treat those who don’t agree with them?
Then why are you doing the very same thing?

You consider yourself to be better than Trump?

Prove it.
Be nicer than him, not worse.

Humberto Maturana teaches us that human consciousness can be understood as our ability to ‘observe ourselves observing‘.
In other words, consciousness might be reduced to self-awareness.

I’m afraid it’s not enough.
While no individual can be described as conscious if not commanding a certain degree of self-awareness, being able to observe their own observations doesn’t elevate an observer to fully conscious status.

How many of us have ‘enjoyed’ messing up ants or other insects just for the fun of it? When we were teenagers, of course.
OK, we continue to squish the cockroaches we happen to see and to spray our gardens against mosquitoes and other pests.
Only we no longer do it for fun. We employ a ‘healthy’ rationale to justify our actions – cockroaches/mosquitoes are ‘bad for us’.
And we try to do it in a reasonable manner. We don’t soak the entire garden with the most potent insecticide available. Simply because we’ve understood, the hard way, that bees are also important for us.

Otherwise put, it’s not enough for us to be able to keep tabs on what we do, we must also take responsibility for our actions.

After all, we’ve been able to notice that bison ‘engineer’ their own environment.

“Herds of bison milling through Yellowstone National Park may seem aimless to the average visitor, but a new study reveals the animals are hard at work engineering their ecosystem. By rigorously mowing and fertilizing their own patches of grassland, the big herbivores essentially delay spring until late summer.”

Maybe the time is ripe for us to understand that we, humans, have done the very same thing for quite a while now.
The world we live in is, to a certain – but rapidly growing – extent, the consequence of our own decision making.

The faster we learn to accept that, the higher the chances we won’t repeat past mistakes.

“Yes you can! No people to feel/live/see it, no spring.”

Remember Protagoras? “Man is the measure of all things”?

Without man, there’s no meaning?

Yes, our world becomes meaningless.
The moment we no longer care enough about it.
The moment we stop paying attention.

The other day I had a riveting conversation with my son.
With my 21 years old son.

I asked him to comment on my previous post.
The one about too many people allowing sentiment to cloud their judgement.
The one about even reputable news agencies using click-bait titles to entice readers. Hence reinforcing the habit of sentiment being allowed to cloud reason.

‘Life was never better for so many of us’, explained my son. ‘Since WWII most of us had enjoyed peace. Since the Spanish Flu, we hadn’t experienced a pandemic. Since Salk, we’ve led ourselves to believe we were safe from disease. Since the fall of communism, even the ideological divides have paled down. And now we have enough technology to feed the entire planet, comfortably. The point being that we have no idea how to deal in this situation. What to do. How to behave.
Simply because we have no relevant prior experience.
Until recently, historically speaking, we have successfully dealt with wars, famines and pestilence.
But it’s the first time that we experience such abundance.
We need to adapt to the new reality.
To transform it into an opportunity. Into an opportunity to go forward.
We have to avoid, at all costs, the pitfall of allowing this abundance to bog us down.’

Heartening, isn’t it?
That a person so young can find such deep meaning.
If I may say such things about my own son…

Some see here a herd of sheeple being led to disaster by:

The Democrats
The Republicans
The Government, in general
Any other con artists of their choice.

I see at least one guy who just figured out what was happening.
And who tries to share what they’ve learned!

https://i.imgflip.com/3ua749.jpg

Well, we must remember that solutions came a lot easier when we refuse to think inside a box. Inside any box. No matter how large or how nice.

Every time I understand/notice that somebody tries to frame my thinking process, I go ‘ballistic’.

I try to raise my mind perpendicularly above the frame. So that I may observe the limits.

Every time when somebody is presented with an ‘either/or’ option there is a strong likelihood that the situation merits a more nuanced approach.
As in ‘yes, the government was terrible at handling COVID-19’ and ‘yes, the government – as our servant, should be mandated by us, the people, to coordinate the help we need in our hour of need’.

How can we reconcile these two?
Simple.
Hire a better government and keep a keen eye on it!

And, if I’m not mistaken, wasn’t democracy meant to do exactly this?

If you live on the Moon, or if enough time had passed since I’ve written this, click on the picture to read Jonathan Spyer’s excellent rendition of the facts which have driven me to post this.

Or you may proceed.

For me, there is a striking resemblance between what’s going on in Iran and what would happen in a hardcore libertarian society.

The mullahs are concerned only with spreading/enforcing their faith and consider everything else will take care of itself.

The extreme libertarians are concerned exclusively with upholding their understanding of liberty and consider that everything else would take care of itself. By itself.

And I’m convinced that everything will indeed take of itself!
After all, life has continued after communism had failed.
The communist leaders had been professedly concerned exclusively with enforcing their understanding of equality. And convinced that everything else would had taken care of itself. If only that equality could have been instated…

Yet I don’t think communism will be missed.
By those who had experienced it hard enough to understand it…

Let me make something clear.
Crystal clear!

Money, and its ‘derivatives’ – from ‘capital’ to ‘financial market’ and ‘stock exchange’, are the tools we used to get where we are now.
Without them we would be still foraging in the woods.

Only something rather insidious has started to eat the whole scaffolding from inside.
Same process has been happening with weapons. We invented them for hunting. Then used them for self protection. Against large beasts and fellow humans.
Finally, after using them to conquer and defend our liberty, we used them to subjugate others. To impose our will upon some other people.

In other words, we used guns to shoot ourselves in the foot.
Unwittingly.
Both as hapless individuals and as a cultural species.

Money – and its derivatives, have suffered the same degradation.
We used it, at first, to coordinate our efforts.
The Stock Exchange had been an excellent way to coordinate otherwise disparate means. Very few of the corporations who have changed the world into what it is now – for good and for bad, wouldn’t have come to life without the money which fuel them.
Nowadays, too many of those who trade on the Stock Market do it in a ‘barren’ manner.

They do not contribute anything but extract value.
The inside traders being only the visible part of the iceberg.
Which iceberg might tank the whole contemporary ‘arrangement’.

If we keep sleeping during our watch.
And there’s no one else on deck…

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