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instead of the current system of state and individual.

The state is just a front office of the relation to individuals. Then, of course, the question is: What is behind the state? Who controls the state, or what the governments are really working for?

If you look at Eastern European governments, their serious work appears to be taking care of international investors: monitoring post-bubble private debt payments, assuming new public obligations. Things may not be very different in free-er worlds. Sure, not every investment banker is a winner, but that does not mean that a banking oligarchy has rather safely us all working for them. If you look historically, the Medici controlled Italian princes and their ministers, and the Rothschilds supervised 19th century European governemnts, rather less openly. Why the trend would change?

Yesterday I leafed through a "Newsweek" issue. One subheadline read: "Banking is politics by other means". Or can we say: politics is banking by other means? Ha ha. An other headline is: "Retiring In The Red". That's the pension reform you deserve?! Other article claims that Europeans (particulaly Germans) are fed up with government as well. So we know what's coming. And a jewel joke I found there (but no web link to a short article) was a bank analyst anticipating European Tea Parties...

by das monde on Mon Jan 10th, 2011 at 01:26:15 AM EST
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But still, as yet, the state is the front for a loose and shifting oligarchy of interests, a 'Pirate's Cabal', if you will, so that it will only implement common denominator solutions. This seems to me to be the chief vulnerability of this system. Sadly.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Jan 10th, 2011 at 11:44:04 AM EST
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Transnationals and other Biggest Players in the economic system are, to some extent, The State.  At a minimum, their interests are privileged over the Common Good -- which in the US has degenerated to meaning "the Right to make as much money as you can and keep it shall not be abridged."

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Mon Jan 10th, 2011 at 12:30:43 PM EST
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If some oligarchy would be comfortably persistent, those shifting denominators would be a useful impression to make ;-) Just make the system stupendously rewarding to a few fresh masterminds from time to time.
by das monde on Mon Jan 10th, 2011 at 10:28:13 PM EST
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... were front offices for something every bit as like (and every bit as unlike) a pirate's cabal as the corporate establishment that owns the polity in the United States.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Wed Jan 12th, 2011 at 06:11:23 PM EST
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