Halting Dynamics and Shifting Inertias
Like many, I’ve been somewhat bemused and not a little angered that austerity is touted as a pathway to economic recovery. Like many, I’ve come to view both austerity and bail outs simply as means to put public monies and the control of public institutions into private hands – all the while diminishing the power of citizens on both an individual and collective basis.
But why consciously destroy or abandon real economic activity in a quest for power? Why not continue to build on whatever ‘real economy’ bases of power you posses? Idle speculation might suggest a lust for power, y’know… power for power’s sake. Or a reaction to, or recognition of impending peak resources in a world of growing population.