Why should I?
The actual crisis may be indicative of changes never experienced in history before

Every true and serious crisis is an adamant and inevitable test of the real efficiency of the actually prevailing mental, social, normative, logistical and technical systems, institutions and establisments.

The changes the actual crisis is indicative of will challenge human civilisations in an extent reaching far beyond of what we have learned and are drilled to perceive as just a crisis. To search for ways and means to overcome just this crisis, most likely is just waste of time as well as of mental and physical resources.

The crisis we are facing but not really understanding and which we will experience, most likely for at least 7 years ahead, must get analyzed under quite a number of aspects, especially of new aspects in economic, financial and fiscal sciences. New aspects“ comprises, in the context of this short essay,

  • aspects which became evident by recent changes and happenings only and which cannot get integrated in the theories and ideologies commonly admitted to debate, at one hand, and
  • aspects which to consider reality imposed since at least 2 to 3 dekades, but were denied for motives of powerplay, cantankerousness, vanity, easiness, pusillanimity and recreancy, at the other hand.

The missing of analysis method and tools, comprising and factoring in the never before experienced dynamic patterns and intensities of flow, diffuse and creep of an immense variety of mixtures of conventional resp. traditional money and – more or less legal – money equivalents and substitutes, is the main and basic reason for the „political“ incertitude and of the collective incapacity to manage what, right now, is declared to be a „debt crisis“.

No doubt the politicians are unable to cope the general situation as such. No doubt politics are late with whatever solution they hope to have desired, so badly needed effects. But was it unreasonable to trust the experts of the forementioned sciences? How then politicians, public opinion and media got convinced of e.g. the bovine „to big to fail“ verisimilitude or of the not less myopic „growth postulate?
And what consulting and support do they (policy makers) get today from the ones who got paid and honoured as „experts and reverends of money“ during dekades?

The fact the politicians get blamed now for having believed and trusted the ones who „consulted“ resp. operated/controled them, exposes the scope of power superiority of financial/fiscal knowhow and practice obtained over political power.
It is as futile as it would be – generally – incorrect to blame the bankers for conspiracy and rapacity  – as many upset moralists enjoy to do -, even though it awkwardly often really looks like at first sight.

One must understand how special knowledge always creates situations of superiority of the knowing ones as against the unknowing ones. What one has to blame the politicians for, is not to have taken serious enough this danger of loosing political power by becoming mentally dependent from the special knowledge of finance.
What the policy makers really had to get blamed for, is to have omitted to plan, design and realize an educational system spreading financial, fiscal and monetary skills as well as respective sense of fairness and responsability through all social levels of the populace.

But again : blaming is futile and one must know the obstacles against educational challenges slumbering in a populace being after money for consumption rather than after education and instruction in intellectually high-toned matters. It’s so much more exciting and seemingly self-assuring to passionately debate on patriotic, religious, moral and celebrity gossip matters than about fiscal discipline and it’s complexe paraphernalia.
For quite a nice long time it worked to go this easy way and still to enjoy the benefits of evolving sciences and technology, managed by an elite of intellectual careerists.
Faster than expected – if ever considered – , western civilisation arrived where the lack of sufficient common and public education and performance, appropriate for the future challenges and for the management of the change of quantitative growth to qualitative evolution, is turning fatal. (Greece is just the most blatand and most illustrative model for what is the cause, to a considerable extent, of the structural as well as the conceptual part of the crisis. It would be important as well, to analyse the history of evolution of such desastrous conditions.)

We mustn’t rescue monetary, financial and fiscal systems. What needs to get rescued is democratic human civilisation on a high legal, moral, organisational and technological level which was obtained by an already high but still not sufficiently high average educational level to keep the populace capable to participate in democratic decision making about complexe matters of organizing future collectivity of masses instead of traditional familiar communities and confederations.

It will take time and require big efforts to close this gap between what is realised up to day and what will be required tomorrow for the time after tomorrow. Due to the rampant diversity and complexity of everything available as well as of everything required, the quantity of informations and sensual impressions bombing the conscious as well as the sub- and unconscious of an individual and of reactions caused during a unit of time (hour, day, week), time physio- as well as psychologically passes acceleratadly, which means, what once was after-tomorrow from now on is tomorrow and will even be already tonight.

We must learn to consider the consequences of acceleration of clocking the mental presence of the individual as well as of the mass co-presence. (This acceleration could basically impact the still prevalent and popular notion of „Time is Money“.)

To endeavour the necessary, significantly higher level of average education and performance is, at any rate, quite a more inspiring and convincing vision than the somber prospect on dekades of – probably unproductive and empty-handed – bonded labour.

  1. petrosoakedsins posted this