The first Great Depression, and what is currently happening both in the USA and globally, clearly indicates that the purpose of the G20, besides being narcissistic and utterly futile, is off track.
The world does not need an economic New World Order. It does not need more global organizations to standardize and to organize. What is needed, is decentralization and deregulation. A resilient market is more flexible, not increasingly rigid.
One can’t help but see the misdirected energies of the political elite as sowing the seeds for the next crisis, just as the seeds for the current crisis were sown at least as far back as the creation of the Bank of England.
Of course the power elite would be utterly powerless in a system of economic freedom, enforcement of contract and property rights. Which is why they will continue to sow their seeds of destruction, and the everyday man, libertarian-aware or not, will continue to reap that whirlwind.
I read Atlas Shrugged and The Fountainhead (both by Ayn Rand) recently. I read Atlas Shrugged first, and by the end of the book, I wasn’t enjoying it as much as I did when I began it. I think around the time that Rearden and Taggart go on their roadtrip together, the book starts to lose momentum.
But enough about Atlas Shrugged.
I really enjoyed The Fountainhead. I thought Howard Roark was a great hero, the characters in this book are much more developed, the story actually has a plot that serves the ideology, instead of a plot hastily slapped on an ideology (as I felt it was with Atlas Shrugged).
I recommend both books, although The Fountainhead might be much easier for newbies. I regret sending copies of Atlas Shrugged to the two family members I wanted to encourage toward rational thinking. A.S. is simply too long and ends with a rushed whimper, after what seems like a 30 page speech.
The economy is going to hell in a hand basket. There are a lot of people who are totally ignorant and now exposing themselves, because the economy is increasingly becoming an important part of everyone’s life, and their irrational ideas and malformed opinions don’t hold up to the slightest rational scrutiny.
Now is the time. Not tomorrow, not next week, not after the US or Canadian elections. You have to help educate these people where possible. Some will argue. Forget about them. Move on to the next person. Close-minded people who won’t acknowledge their own failures of logic or lack of knowledge will eat up all of your time and provide little or no reward.
Now is the time to talk to your family, talk to your neighbors. Email around some quality YouTubes. Write a letter, make a phone call.
Later, it might be said we didn’t do enough. So please don’t be lazy and do nothing.
