Euro Analysis? | 23 comments (23 topical, 0 editorial, 0 hidden)

Re: Euro Analysis? (none / 1)

As Migeru pointed out recently, the Eurozone (or was it the wider EU?) is doing OK collectively - it's the gross imbalances with the EU that are the problem.

I may be hallucinating, but it seems those economies that are politically stable are doing best. (The UK is politically unstable imo). Perhaps corporations require such stability for longer term planning?

Yes, there is such a thing as corporate long term planning - it's just not very sexy for the media.

You can't be me, I'm taken

by Sven Triloqvist on Mon Sep 3rd, 2012 at 01:03:07 PM EST

Re: Euro Analysis? (4.00 / 2)

A major part of the antipathy of the corporate class to much long term government planning by elected governments is that they are private governments engaging in long term planning, and they view their interests as best served if the long term private corporate government plans can proceed unhindered.

And the massive blind spot of neoliberal fantasies about the economy is the fantasy that allowing all of the long term private corporate government plans to proceed unhindered except in conflict with other private corporate governments will lead anywhere but system crisis.

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 Sep 5th, 2012 at 12:42:10 AM EST
[ Parent ]

Re: Euro Analysis? (none / 1)

Blind spot, or convenient myth to comfort the masses? All systems fail eventually. The issues are who gets swept overboard first and who is in the best position for a lifeboat seat. Those already drowned aren't competing for a seat. Neither are those singing hymns with the dance band or "in charge" of lowering the lifeboats from the stanchions.

by rifek on Wed Sep 5th, 2012 at 08:07:12 AM EST
[ Parent ]

Re: Euro Analysis? (4.00 / 3)

All systems fail eventually, because all living social systems evolve over time, and eventually they evolve into something unsustainable.

Starting out as something unsustainable is something else.

Indeed, the neoliberal fantasy is as much a comforting myth for the elites as a comforting myth for the masses, that what they are doing in a negative sum fight for the power of their individual corporation is somehow for the greater good.

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 Sep 5th, 2012 at 12:01:20 PM EST
[ Parent ]

Euro Analysis? | 23 comments (23 topical, 0 editorial, 0 hidden)

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