Tuesday 15 February 2011

Taboo issues?

Things noone is talking about.

Overpopulation - nowhere near in terms of global resources but can the state system maximize distribution like free market anarchy would?

Global labour competition - talk of minimum wage vs economic competitiveness. Impossible to compete with economies of scale posed by Chinese population. How can British economy ever restore balance in favour of manufacture for export away from unexportable services? Should we even worry? Is all this merely based on the assumption of national fiat currencies?

Effects of Immigration on labour value. Same as international trade this forces natural market adjustment in previously artificially protected market. But is the logical conclusion the west adjusting downward? Is economic isolationism a valid answer? Is it evenpossible?

What will actually happen in the face of economic collapse? Increasingly economists discussing fiat currencies and national debts briefly allude to something very bad happening if this house of cards that is the international fiat currency/debt system fails (inevitable?) Irresponsiblelt Noone is seriously contemplating this. Collapse of the state or massive increase in the state - rationing, martial law, state siezures of farms and strategic businesses etc. Noone saw the end of the ussr even the day before. It can be as quick as that. Just illustrates how those in power will always paper over the cracks and push so much propaganda that we remain dumb and blind and unthinking. Bread and circusses.

As a side note - the state cannot keep up with modernity. When technology and communication throw up 'problems' faster than they can be brought to the attention of the luddite state let alone 'solutions'/controls concieved and implemented then what is the point of the state? The complete failure of any state to implement anything involving technology without completely screwing it up is further evidence of this luddite structure and institutional Outlook.

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