Capitalism creates massive distortions of the market by aggregating more and more in ever fewer hands. In free markets, we have "creative destructionism" in which innovation eventually leads to more better cheaper faster. Capitalists despise free markets because free markets militate against the exceptional levels of solitary wealth only capitalism advances.
Capitalism with its "creative finance" destroys what is good.
Capitalists always resort to violence to change the topic when their destruction goes too far.
So we have China getting into "territorial disputes" with most of its neighbors.
And we have a million and a half 16 - 24 year olds unemployed, and countless more with unbankruptable student loan burdens. War is their way out. A command economy is the capitalists' ideal.
The current Vietnam contretemps is over the Spratly and Paracels, which back in the 1960s was well known to be the reason USA had invaded Vietnam, to get the oil there. The Vietnam war was about oil. As I understand it from private conversations, there is not enough oil there to be worth fighting over, how come the Chinese are trying to position a billion dollar rig there? Maybe they did not get the word? The Senkaku Island dispute with Japan is also over oil.
So let's not go to war. Let's do the decent thing. An international convention in which these places are developed and exploited and the money funnelled into international aid. All of these countries fork over billions in foreign aid, just earmark the net from development of the rocks to foreign aid, and call the disputed lands Peace Rocks.
I know that is not going to happen. Sometimes shoving matches turn lethal, and that is probably what we will get here. We need more Hong Kongs so people of good will, merchants, can proceed to peace and prosperity, in spite of the madness to which capitalism drives some.
Feel free to forward this by email to three of your friends.
Capitalism with its "creative finance" destroys what is good.
Capitalists always resort to violence to change the topic when their destruction goes too far.
So we have China getting into "territorial disputes" with most of its neighbors.
And we have a million and a half 16 - 24 year olds unemployed, and countless more with unbankruptable student loan burdens. War is their way out. A command economy is the capitalists' ideal.
The current Vietnam contretemps is over the Spratly and Paracels, which back in the 1960s was well known to be the reason USA had invaded Vietnam, to get the oil there. The Vietnam war was about oil. As I understand it from private conversations, there is not enough oil there to be worth fighting over, how come the Chinese are trying to position a billion dollar rig there? Maybe they did not get the word? The Senkaku Island dispute with Japan is also over oil.
So let's not go to war. Let's do the decent thing. An international convention in which these places are developed and exploited and the money funnelled into international aid. All of these countries fork over billions in foreign aid, just earmark the net from development of the rocks to foreign aid, and call the disputed lands Peace Rocks.
I know that is not going to happen. Sometimes shoving matches turn lethal, and that is probably what we will get here. We need more Hong Kongs so people of good will, merchants, can proceed to peace and prosperity, in spite of the madness to which capitalism drives some.
Feel free to forward this by email to three of your friends.
1 comments:
Very inspiring
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