Friday, November 28, 2008

Economic un-reality

A bad response to the disasters wrought by the financiers would certainly be let politicians run the economy. The truth is that both the prevalence of finance and the prevalence of politics are symptoms of social and cultural weakness, since both are means, not ends.

1 comment:

Dcn Scott Dodge said...

Still, the financiers, who now run Treasury (i.e., Paulson) haven't proven to be competent. I agree that we are dealing with symptoms. It distresses me that across-the-board we measure the health of our economy on what we spend and not what we save! It is this mindset, sharde by the teenager with a part-time job to the board rooms of major financial companies, to the White House, that led us into the current difficulties. We are not homo comsumeri