Tellin’ It Like It Is…

Posted: February 7, 2009 in Uncategorized

“The beginning of wisdom is to call things by their right names.”

– Chinese saying

“Insanity: doing the same thing over and over again and expecting different results.”

– Einstein

If our political, business and public opinion leaders were wise, they would speak openly and honestly about our situation. Of course, this presupposes that they accurately trace how we arrived at where we are, and where we are headed – which I don’t necessarily think they understand. But, let’s be charitable, and assume that they do have a decent understanding of the situation. Why can’t they speak openly and honestly about it? Why do we continue to call this a recession? Does this not imply that economic growth is merely on “recess” and set to resume after the same people who caused the problems magically concoct “solutions” to it? The whole situation smells fishy to me.

I know the counter-argument is that if they were open and honest, things would be even worse. We need to restore confidence, they claim. My question is – confidence in what? Confidence in a culture who’s moral obligation is buying BTU’s, LCD’s, and SUV’s? I don’t buy it. If we’ve constructed a system that is so dependent on things that don’t actually make us any happier – why should we continue to apologize for it? As Nietzsche once said, “Life — that is: continually shedding something that wants to die.” According to this view, we are engaged in life-denying activities in our attempts to sustain that which is clearly telling us its time is up. Failure to call this what it is, a global economic depression, is only going to prolong the pain, and the wrenching changes that need to happen to get us on a sustainable path.

Gross incompetence, ignorance, or outright lies cannot be solved with further gross incompetence, ignorance, or outright lies. According to Einstein’s definition, we are certifiably insane. What’s worse is that not only are we doing the same things, but the same people are doing them! More debt cannot solve the problems of too much debt. The attached article (see below) is, as are all of Sprott’s commentaries, to be commended for being straight up – at least some people in Canada have a dose of wisdom. The way I see it, there’s something morally repugnant about euphemistic language and political correctness. To me, it’s always a breath of fresh air when someone says it like it is. But, I suppose if people are acclimatized to verbal pollution, fresh air becomes toxic. It’s a damn shame.

Let's Just Asssume This Doesn't Apply To Me!

Let's Just Asssume This Doesn't Apply To Me!

It’s probably worse than Sprott actually indicates. Here’s why.

A debt is a claim on the future productive capacities and activities of a society. If debts are to be paid back out of future economic growth, and economic growth is predicated upon the productive capacities and activities of social hierarchy & complexity, which are themselves sustained by massive energy subsidies provided to us by nature, then the repayment of those debts becomes highly suspect if those energy subsidies are drawn into question. This is how civilizations have collapsed all throughout history.

Our refusal to identify and understand the root causes of our predicament (I maintain that we face a predicament – not problems) – which have been centuries, if not millennia in the making – will almost guarantee that we will come up short of the mark. A nonchalant, cavalier attitude toward this predicament, and a faith in idols & truths (which are more often illusions that we have forgotten are such), is an expression of the nihilistic trajectory of a decadent culture.

Decadenceprecedes decay.

In strategy, we’re advised to know our enemy.

Today – as always – our enemy is entropy. I suggest we get to know it well.

Forewarned is forearmed.

– a.j.m.

p.s. also check out Chris Martenson’s “Crash Course” for a slightly less philosophical exploration of these issues…I’ll blog more about Chris Martenson in the future, but for right now, I’ll say that we should all be thankful for the kind of work people like Chris are doing to shed light on these issues…cheers!

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