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It always seemed that it was so much easier to invade Iraq or do deals with the Saudis or Texas Oil Billionaires than to change the way you were actually living.  Hell, even building sustainable cars with better fuel consumption would have been a great start.  But the market ruled because the market saw the Earth (and foreign lives) as an expendable commodity because the market was seen as guided by the hand of God the magic of the markets.

Well that "God" is telling them something different now.

notes from no w here

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Wed Oct 21st, 2009 at 02:16:33 AM EST
[ Parent ]
Our economy is run according to business principles and actions are taken on the basis of whether they are profitable to the holders of assets or claims over assers and not for (or against) any given notion of common good.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Wed Oct 21st, 2009 at 06:42:20 AM EST
[ Parent ]
Our economy is run for rentier profit.

Worse, this rentier profit is denominated not in Value, but in a claim over Value created ex nihilo -  ie 'anti-Value'.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Wed Oct 21st, 2009 at 07:08:59 AM EST
[ Parent ]

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