Friday, February 8, 2013

post-mortem of the crisis

the following programs show what we are up against in the climb to an abundant world. the financial system is operationalized by markets and markets require scarcity to "discover" a feasible price. in the absence of real scarcities, false scarcities are created (e.g. diamonds, world food supply)...


the thinkers in this documentary make several interesting points that are worth repeating: a. over time debt burdens have been shifted from banks to states and governments to common people, b. states respond to financial institutions but not to ordinary people, c. most people use the abstract term "system" as they do not understand the actors that truly govern our lives. we must get to know these people - especially what their motivations are - and move our understanding from "system" -> "actors", d. this time is truly an inflexion point as we face a "network of crises", e. we have moved from curiosity-driven science to economics-driven science (techno-science). we wish to know what we can productize and sell, f. the crisis is being "rebranded" away from any culpability of specific actors (banks, corporations, regulators) towards more abstract ideas of national identity and individual agency, g. the one thing that de-legitimizes any action is violence. governments always try to provoke violence, h. the crisis has been used to improve the power and profits of the financial institutions (successfully socializing losses while privatizing profits), i. common people strongly feel that nobody represents their interests, j. there is - on a hopeful note - a feeling of "we go slow because we go far" - this crisis is just a beginning...


as this program very clearly shows, the police infrastructure of the world serves the financial elite and works on a "usual suspects" model of justice...

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