The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
http://www.tpmcafe.com/blog/coffeehouse/2007/jan/28/note_to_nancy_pelosi_challenge_market_fundamenta lism Policies not Politics ---- Daily Landscape
The point about market fundamentalism is that it's a fantastic misdirection. Market pirates and locusts aren't really all that interested in markets, and they're certainly not interested in running them according to fair and open rules.
What they're really interested in is domination of every feature of their environment, creating a vast asset sink with themselves in the middle, gulping down as much negative entropy as they can find.
Which is why the 'health care' industry is only tangentially interested in providing health care, and far more interested in creating predatory relationships which allow it to feed off its victims parasitically.
The best model for corporations isn't a religious one. The religious model explains one common kind of signalling and indoctrination strategy, but it's not the whole picture.
The most accurate model is the termite nest with the queen in the middle, and the drones working mindlessly around her. The difference is that termite nests are mostly steady-state and have very limited growth rates, while corporations are built to expand their influence at every possible opportunity using every possible physical, emotional and intellectual tool that their environment can provide.
Corporation are indeed emergent systems driven to act with "interests" not necessarily aligned with those of any human being. This is hard to avoid, given their evolutionary pressures, but different corporate governance structures can make a difference.
What I would like to know is why the law imposes a fiduciary responsibility on boards of directors and company managers that requires them (for example) to poison children with bright, cheery, toxic food dyes? That is, provided that the poisoning promises to increase (wrongly defined) shareholder value, and isn't (yet) prohibited by law. And, of course, this principle may similarly mandate that they lobby against such a law... Words and ideas I offer here may be used freely and without attribution.
There is no aether. There is no philogeston. There is no Philosopher's Stone. One cannot fly to the moon on gossamer wings. There is no such thing as "perfect information" of a market.
Insisting what is Not, is operative, only lands the thinker in a vat of intellectual goo. She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
Besides, the argument is directed to the wonkish wing of a group that plans already the glory of wingéd lunar flight. Words and ideas I offer here may be used freely and without attribution.
by gmoke - Nov 28
by gmoke - Nov 12 7 comments
by Oui - Dec 2
by Oui - Dec 18 comments
by Oui - Dec 1
by gmoke - Nov 302 comments
by Oui - Nov 3012 comments
by Oui - Nov 2837 comments
by Oui - Nov 278 comments
by Oui - Nov 2511 comments
by Oui - Nov 24
by Oui - Nov 221 comment
by Oui - Nov 22
by Oui - Nov 2119 comments
by Oui - Nov 1615 comments
by Oui - Nov 154 comments
by Oui - Nov 1319 comments
by Oui - Nov 1224 comments
by gmoke - Nov 127 comments
by Oui - Nov 1114 comments
by Oui - Nov 10