What’s the difference between economics and astrology? At least astrology has credibility.

Whenever I hear the mere mention of ‘The Economy’ or economists, I feel a sense of shame that our society has become so hell bent on destroying itself on the almost religious belief that money is more important than our fragile populations and our ever more fragile planet.

Even worse, it is not about real money, it is about unreal money in the form of market value, government debt and ‘too big to fail’ corporate debt. The Economy is not about human values, as it has no conscience in its habit of reducing massive unemployment, family disintegration, social upheaval and evictions into tiny little decimals and percentages.

10.3 % unemployment in the US, or 22.7% unemployment in Spain, 20.1% increase in famine areas of Africa or a 50% decrease in the value of the Euro sound palatably sterile in the news. No one listens or reacts to the economist’s percentages and decimal points. They are cold, unreal and inhuman.

2,700,000 Americans with no job or hope, 1,400,000 people in Spain destitute, 3,340,000 real mothers, fathers and children starving to death in Africa and the entire populations of Greece, Portugal, Ireland, Iceland and many more countries losing any sense of financial security is what is real. Every one a suffering individual human being.

Economists, The Economy and the savage Stock Markets have no measure of human value except in percentage terms. Cold, calculating and unfeeling.

I can only think of what Douglas Adams made of this.

“This planet has — or rather had — a problem, which was this: most of the people living on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movements of small green pieces of paper, which is odd because on the whole it wasn’t the small green pieces of paper that were unhappy.” (Adams, “Prologue”, _Hitchhiker’s_, 1).


Money Is The Problem
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4 thoughts on “Money Is The Problem

  • 26/07/2011 at 4:27 pm

    I was thinking about that DA quote myself this morning. Last night at dinner, a friend expounded on the idiocy of such attention being lavished on a piece of paper which has value (?!) only because we say it does.

    I’m not optimistic the world in general will learn the folly of such an outlook any time soon.

  • 26/07/2011 at 5:14 pm

    Whoever thought up the notion that dealing with numbers on a spreadsheet would somehow benefit mankind, quite frankly needs his bumps felt. We are all at the mercy of a bunch of overpaid book keepers in ivory towers, totally divorced from reality! Grrr

    • 27/07/2011 at 1:20 am

      LOL @ “needs his bumps felt”. I’ve not ever heard that one before. Giving it some thought and depending on who is doing the “feeling”, I might even volunteer. :-)

      That is so funny. Will have to remember to try to use that one.

  • 27/07/2011 at 1:48 am

    I think one of our problems is that through ingenuity and sheer dumb luck we’ve placed ourselves at the top of the food chain. We might have slightly different priorities if we lived with the knowledge that every day could be the day we become something’s lunch.

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