( A five-minute read)
Things look bleak.
It‘s time to call a spade a spade:
We all know that the present crisis in European Union has freighting potential to undermine all our lives?
The problem is that despite all the rhetoric Wall Street and World Stock Markets underpin the hard nose of business with the priesthood of economists.
Financial experts and commentators worshiping it worldwide as a God.
Leaving us incapable of grasping that at one point in human history the Laws of the market can only be a human construction which now seen as absolute – even when they clearly do not work.
The high priests of today oblivious to the anti-market nature of their behavior do not hesitate to intervene to fix it on a colossal scale in contravention of the market’s own precepts.
The idea that money-making is the primary Goal of the most admired people in Society, the Goal of our Nations economic philosophies, the G 20, the European Union, our education, combined with our central defining consumerism greed is back firing.
What we got is the results that we see today:
Quantitative Easing, Money Printing /Austerity/ /Germany bailouts /Guarantees/ Banks before people Interest fixing /Elections/ Unemployment/ Bonuses/Tax confusion/ Independent Referendums, all served up with large daily doses of verbal diarrhea by every expert that has written a book.
I have not written any book on the subject and I am no expert but I am beginning to wake up to the need for our Captains of Industry, our political leaders and business to realize that competitiveness is not all that it is dressed up to be.
It can severely impair a given country’s ability to choose its own social and economic destiny and our individuality.
No currency can set the boundaries of a nation.
So it is worth reminding ourselves how grandiose the dreams of the European Union founders were.
Our present world can be seen as full of conflict, pain, misery, wars, while across the world ecological, economic and political spaces are being enclosed through privateering, Algorithms, liberalization and globalization and the hidden purchasing power of Sovereign Funds – All breeding new insecurities anxieties and stresses.
In this world Europe was renamed the European Common Market with its inhabitants viewed chiefly in economic terms, as producers or consumers, not countries with vastly different histories, problems, and circumstances.
The notion that trade and wealth creation would create a Europe laisser-faire was not basis on its history but on a vague notion that togetherness would make us less likely to repeat World War One /Two.
Reducing our society to markets and us humans to consumers.
Those that are rich have status and those who are poor do not.
You only have to read a newspaper to see how the overpaid footballers, film and soap star, business people are held up to be admired. While we the people fooled by capitalism that has made work the center of our lives and are now in the process of destroying it as a satisfying meaningful activity through the world stock exchanges that are driven by algorithms that determine whether we should retire at 63, 65, and 68 remain voiceless.
As a Species we have basis needs for meaning of identity, for community, and security, for food water and freedom.
So it stands to reason to prevent our collectively insane political leaders terminating life in Europe never mind the earth that we need to do something.
We all know that banks can’t stop themselves. Bail them out by all means but only under strict regulations.
If we in Europe want to avoid a repeat of the wars that devastated the Continent in the past all that is required (a saving of trillions) is a united military European Army. This will provide Europe with reasonably secure environment, safe from the threat of major war with its countries being let find their own versions of modernity or not to modernize at all.
Europe does not need a free market to thrive.
How can we achieve this?
There is only one solution scrap the Euro and let each country set its own exchange rates according to its own GDP (without the tanks, planes, nuclear weapons) set against the value of human resources, social capital, and ecological assets.
The present melt down of the EU could not have come at a better time.
If we do not preserve the Capital of Europe its different cultures /languages/ history and the like there will be no Economics.
We all know that economic is not a science however each time history repeats its self the price goes up.
The Euro is fundamental flawed and please god will remain so to protect what is the very essence of living or being born in Europe.
It’s time we all realize that the Natural Capital of the world, water, clean air, oceans, forests have to be protected so we must pay the keepers of the natural capital if we as humans are to live at all.
So let’s start in Europe with some common European aspirations.
Self sufficiency in Power- creates a common European kilowatt price: Abolish road tolls: Proper periphery border controls: Freedom of movement of currencies within the market – abolish commission charges: European Youth employment programs: European health / pension Euro bonds backed by all countries – to mention a few.
God knows it not difficult to identify what is needed, just attached the words total transparency to any common Goal and it will be achieved without Greed.