Re: [Mind's Eye] Re: The practical politics of well-being

Those that say democracy has failed I am left wondering about their knowledge..  problems lay within corruption and that effects all forms of government  with out exception..  In the US since Reagan corruption has become rampant  you see politicians entering with less than a million in net worth and four years later walk away with the net worth into multi millions of dollars in net worth..  the only way this increase is possible is through acceptance of bribes..  but they will call it everything but a bribe.

Banking is extremely corrupt simply because their major financing comes from the depositors whose money they handle  not the share holders..  yet they do not pay these hidden share holders any money for the use of their deposits..  They are expected to take all losses that the bank ..

I think the Banking community needs to repay all of the bailout money they received before they can pay out even a single dollar or euro in bonuses  and these leaders need to be repaying these debt in reality they incurred with their personal property and wealth..  the world owes them nothing.

Allan

 

On Thu, Dec 8, 2011 at 8:22 AM, archytas <nwterry@gmail.com> wrote:

I'd say you are spot on rigsy.  I wish for something as Vam says but
fear those who con through false beauty (not Vam).  There are some new
approaches in behavioural economics and in logics of what works and
doesn't in practice (under headings of 'informal' and 'defeasible').
The problem is all in our current system know to speak in promises and
then pull them away as impossible because of 'realities' that are, in
fact, both fictional and corrupt.  Gabby is right too in the spin of
her words.  One invisible weave is easily replaced by another.
I watched a 'Storyville' documentary on BBC2 last night that fleshed
out rigsy's tone on the complicity of social science and economists
with the brutal looting power of politics.  It too was spot on.  My
understanding is that all we have had since 2008 is business-as-usual
in the 'dark pool' and shadow systems that dwarf the real economy
(zerohedge is probably best on this).  The Libertarians have been
writing books with titles like 'Democracy: the god that failed' for a
decade.
We need to start anew - yet to do this need to recognise how much of
the old is embedded in our assumptions. One problem in this is the
idea of trying to work without pre-suppositions - which, of course,
makes us prone to making the same mistakes again and discovering we
can't meet any pre-suppositional state and can keep re-inventing
square wheels.

My guess is we have to take out monster banking.  Dexia, the Franco-
Belgian-Lux outfit, employs so many in Belgium that its US equivalent
would employ 290,000 people.  I think we need to reflect on the
madness of such employment - the old adage used to take the form of
considering a country that got so up itself in map making that it
starved to death because no one did anything else.  Financial services
is essentially something that is a cost we should keep to a minimum -
yet it has become the controlling monster.

When we talk of hard work and reward I don't think we mean financial
services rip-offs - and in science we'd regard such 'energy' as waste
to be cut to a minimum.  The vast debts all over the world aren't
built by people who borrowed and drank themselves nearly to death
(which I've seen literally in Rwanda) - they are nearly all the result
of unnecessary virtual trades not to do with production.  And they
could be cancelled out.  The 'reason' for not doing this is that we'd
then see just how we have been ripped off and would have mass
unemployment amongst people who (wrongly) think they have in-demand-
high skills.  In a desert island situation no one is going to value me
for Gaussian manipulations, but my survival training might just build
us help build a shelter, fire and get food and water.  We have
forgotten something key along these lines.

On Dec 7, 12:07 pm, rigsy03 <rigs...@yahoo.com> wrote:
> Well...the maelstrom of ruin is a bit harsh. Shall we switch to man-
> eating plants? :-)
>
> On Dec 6, 8:04 am, Vam <atewari2...@gmail.com> wrote:

>  butt

>
>
>
>
>
>
> > Bring images of beauty in the dynamics... everything wud change, wud
> > be different !
>
> > On Dec 6, 5:24 pm, rigsy03 <rigs...@yahoo.com> wrote:
>
> > > Is there really any new truth or wisdom regarding money, wealth or
> > > trade? I tend to think the subject is on par with the social sciences
> > > and doesn't rank very high in my opinion- not that that is earth-
> > > shattering! :-) The trouble lies with fantasy attached to the subjects
> > > and the gullibility of the public for schemes and shmucks running
> > > national policies where all are sucked into the maelstrom of ruin.
>
> > > On Dec 5, 4:44 pm, archytas <nwte...@gmail.com> wrote:
>
> > > > I rather like this title, so when I found a paper on it looked forward
> > > > to an insightful read.  Yiu can find it here -http://www.neweconomics.org/publications/the-practical-politics-of-we...
>
> > > > I was disappointed - I don;t disagree with the stuff, just found it
> > > > dated and rather like Herzberg's motivational theory from the late
> > > > 1950's.  Has anyone found anything with a really practical bent in
> > > > this area?- Hide quoted text -
>
> > - Show quoted text -

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|_D Allan

Life is for moral, ethical and truthful living.