
It’s
so easy to be negative about the current global economic system. And of course
there is every reason. Most readers will be aware that the economies of
virtually all major developed nations including China are well, stuffed.
When
it comes to a solution however, yesterday’s Labour Party European Election
broadcast brought home our dilemma. In its theatre and comedy it was excellent,
vividly portraying the economic abyss we have descended into as a nation.
Character assassinations of Cameron and Clegg flowed freely, highlighting their
promotion of the philosophies of greed, inequity, deceit, self-advancement and
privilege.
There
was of course no reference to Labour’s immense culpability in our economic
plight. Neither was there one positive economic policy proposal of how the
people’s party was going to fix things. Apart, that is, from the usual rhetoric
of economically castrating the bankers, with whom until late 2008 they were so
intimate.
They
offered no practical policies because here’s the thing; there aren’t any. That’s
because the whole current global economic paradigm based on greed, central
banks, drugs, money laundering, the military industrial complex and war is
quite simply not fit for the new millennium. Tinkering around at the edges with
an economic system originating in the sixteenth century simply won’t work, and
here’s my rational for saying this, based surprisingly not in politics but in
science.