If the current modes of operations around the world are of any sign, it's quite clear that capitalism is already on its deathbed.
A lot of systems produce good outputs when good intentions drive them. Of course, in long runs, it's always clear that man's silly, short-sighted, and greedy nature runs even the best of systems amok... From there, a new one is birthed with lessons learned and a sharper focus on good intentions (or so we hope).
The current 'capitalistic' system is based on social foolery and the ignorance therein of its functional mechanisms.
What you mean to say is that man's well bodied intentions are proven as an 'an enormously resilient mode of operation that can be instantiated in societies with extremely different social relations'. When a particular economic system breaks ties with this, it collapses under its own weight (by the weight of the larger society). Maybe because this is universally an unstable state of existence.. Who knows.
Sociologist could teach economist a great deal given the Frankenstein of an economic engine they've created. The economist are so buried in their institutionalized ideals to recognize the damming social impacts their misguided systems of obfuscation and unnecessary complexity have caused throughout modern history. Just because you have some cool swag as a result says nothing about the fragile and hollow foundation that the whole global economy is currently teetering on. A historian could tell you about all the empire swag that was destroyed throughout history due to ignorance and lack of concern for social balance.
If there was ever something man truly feared and kept hidden with all their might all throughout history it has been : truth. People will spend their life's fortune on hiding truths... Empires are built on it. Wars waged over it. Power is structured on it. Institutions and edifices of grandeur charged by the productivity of generations are created to ensure it never gets out. Yet, it always seems to somehow.
So, if anything, that's what this 'high finance' system is all about (hiding truths). Security through obfuscation and it doesn't take some crackpot PHD Nobel Prize winning economist to see that. Maybe it takes one to construct a convince-able lie.
Comments
If the current modes of operations around the world are of any sign, it's quite clear that capitalism is already on its deathbed.
A lot of systems produce good outputs when good intentions drive them. Of course, in long runs, it's always clear that man's silly, short-sighted, and greedy nature runs even the best of systems amok... From there, a new one is birthed with lessons learned and a sharper focus on good intentions (or so we hope).
The current 'capitalistic' system is based on social foolery and the ignorance therein of its functional mechanisms.
What you mean to say is that man's well bodied intentions are proven as an 'an enormously resilient mode of operation that can be instantiated in societies with extremely different social relations'. When a particular economic system breaks ties with this, it collapses under its own weight (by the weight of the larger society). Maybe because this is universally an unstable state of existence.. Who knows.
Sociologist could teach economist a great deal given the Frankenstein of an economic engine they've created. The economist are so buried in their institutionalized ideals to recognize the damming social impacts their misguided systems of obfuscation and unnecessary complexity have caused throughout modern history. Just because you have some cool swag as a result says nothing about the fragile and hollow foundation that the whole global economy is currently teetering on. A historian could tell you about all the empire swag that was destroyed throughout history due to ignorance and lack of concern for social balance.
If there was ever something man truly feared and kept hidden with all their might all throughout history it has been : truth. People will spend their life's fortune on hiding truths... Empires are built on it. Wars waged over it. Power is structured on it. Institutions and edifices of grandeur charged by the productivity of generations are created to ensure it never gets out. Yet, it always seems to somehow.
So, if anything, that's what this 'high finance' system is all about (hiding truths). Security through obfuscation and it doesn't take some crackpot PHD Nobel Prize winning economist to see that. Maybe it takes one to construct a convince-able lie.