Thursday, August 2, 2012

Economic Breakdown as the motor of history

A Capitalist pursuing his own best interest will be destroying the very bedrock on which he stands. No other economic system has been this openly dishonest.  The claim that trade requires as little government intervention as possible, cannot explain why since the very beginning of free trade classical and neo-classical economic theories government intervention has been free trade’s constant companion. It becomes obvious to the historian that free market capitalism is a self-destructive economic system. There is no way out of the fact capitalism requires continuous government intervention to keep it going. Every attempt at deregulation only expands regulation in another direction. With lingering controls at an inflated cadence and at an elevated velocity government and capital are conjoined twins. Arguments about smaller government are a ruse to justify elite rule. The trick is to get the rest of us to believe that this economy can really work.
Crime and corruption is the norm and greed is the major moral underpinning of advanced capitalism. But this only works if this ethical reinforcement remains hidden from view by a progression of legends created to hide the fairy tale of free trade while explicitly supporting established political and economic relations. Avarice, gluttony and narcissism are culturally collocated to form human nature of this unique epoch.
Humans create their economic systems through conscious behavior, yet they fail to take everything into account. Internal contradictions mount up forcing changes in the way we approach daily problems leading to creating something new to replace what is no longer working.
People become increasingly dissatisfied because what once seemed to work in the past, now only leads to increasing frustration. Increasing numbers of people begin to embrace a new ideology, in opposition to the old ways of doing things.
Gardening communities and herding replaced ancient foraging societies. Sedentary agriculture, transhumance herding and chiefdoms in turn replace these simple gardening and herding clans because increasing population pressures on the land. Tributary states arise from the needs of ever-increasing population demands on limited resources, the conquest of surrounding peoples and closing of the escape routs of the conquered people. Tributary states are basically unstable they tend to breakdown into a kind of decentralized feudalism and weak nominal states. Followed by the slow expansion of centralized powers. Ancient monarchies were a series of dynasties with dark ages sandwich in between the old and the newer dynasties. This pattern was broken in Northwest Europe and Britain through increasing international trade, commercialization of agriculture, rise of urban centers, industrial technology, global imperialism controlled from the center, modern war, rising economic control of politics replacing the previous order, and economic rank replacing aristocratic ranking.

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