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you are here: > Self > 18.
EKELOS
| 18.10 |
Economics is a fatally flawed model
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| Clearly any system that has in-built skews the benefit of a select few could never seriously be considered fair. Nor is any system that only addresses a fraction of a whole, could ever be considered comprehensive. | ||
| Yet economics continues the lie that it is a "science" about the fairest allocation of resources and that it addresses the total model of a a societies wealth. | ||
| It is one thing to have a fault and admit it, but it is an entirely more dangerous proposition when a methodology claims to be something for which it is completely the opposite. | ||
| So long as governments are tricked into believing the scientific and fair value of economics the continued skewing and stealing of resources from countries into the hand of a few, predominantly in English speaking countries will continue. | ||
| Economics is fatally flawed. It is a theory built from Empires and has long passed its justification.Yet now, even more alarmingly, it seeks to legitimize itself throughout the world. | ||
| 18.10.1 | Turning on its master | |
| Life and the universe sometimes has a perverse way of coming back on those who seek to control the world. Like Mickey Mouse when he tried to stop the sweeping in Fantasia and created an army of "brooms", the United States has become a victim of its own success. The very system which it seeks to continue to control- the world economy has itself made it now easier for consumers to drive the economy. American consumers are the reason for the massive blowout in the balance of payments of the United States as cheap imports from Asia continue to flood the market. It is because of developing such high standards of living that the US Govt is now constrained to cut any services to save money, therefore keeping the budget in massive deficit. | ||
| Rather than supporting the continued power of America and Europe, economic theory, the theory of continuing empire is wrecking these societies. For their own sake it is time for the masters to end their support of their pet theories and look for a legitimate and fair alternative- EKELOS. | ||
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