"It is a [$674 billion] balanced plan that benefits all Americans,
all Americans -- forget that tax-cut-for-the-rich rhetoric."--
Senate Majority Leader Bill Frist, NBC's "Meet the Press" January
12, 2003
The elitist kleptocracy is using every gimmick to analytically
come up with economic theories supporting the God of Money at the
expense of common people.
One tenet of the kleptocratic economic theory is that the Gross
Domestic Product (GDP) has no upper boundary and that technological
innovations will provide the continuous growth of the GDP. The fact
that the GDP can continue to grow for ever is a fallacy as
everywhere we turn our eyes we discover that everything has a
boundary.
We have a boundary for the availability of our clean water and
yet this water is being further polluted while sanitized bottled
water is being sold. We have a boundary for our own capacity to
solve problems and yet our intelligence is being hijacked and
consumed by the money interest of the kleptocratic corporations. We
have a boundary for the availability of oil and yet we produce more
cars requiring more consumption of oil. We have a boundary on
anything affecting our living and yet the kleptocracy keeps telling
us that the GDP has no boundary.
So the kleptocracy, in pursuing their self interest to hoard more
money and power, has elevated Money to become the new God. The God
of Money is being preached with the many gospels created by the
Chicago School of Economics; for example the gospel of the average
standard of living and the gospel of the average productivity
growth. In so doing the kleptocracy has artificially created a
hypocritical and fundamentalist religious language of its own where
the duplicity of meanings can always be distorted in the name of the
God of Money and for the advantage of the kleptocracy.
In the United States, the rich become richer and I wonder about
the meaning of the increasing average standard of living.
Conventional economists are telling us that the economy is robust as
average productivity has been jumping high and yet Americans are
hanging onto their jobs and working harder.
We don't need to preach the God of Money and the gospel of the
average standard of living and the gospel of the average
productivity. What we need is to do our own thinking for ourselves
and as we do our thinking we recognize the economic boundaries for
the benefit of all of us.
References
Pertinent articles published in Ensign
Kenen, Joanne, Sen. Frist Sees bush Economy Plan Passing, (pdf)
January 12, 2003, Reuters
http://www.ftlcomm.com:16080/ensign/ensign2/pdfarchive/reuters/Kenen_frist.pdf
Hagenbaugh, Barbara, Productivity up as wage growth slows
Americans who are hanging onto their jobs are working harder, but
they're not getting much more cash for their efforts.(pdf) January
13, 2003, USA Today http://www.ftlcomm.com:16080/ensign/ensign2/pdfarchive/USAToday/productivityup.pdf
Pianin, Eric, Danish Professor Denounced for 'Scientific
Dishonesty' Panel of Scientists Assails Scholarship of Book Praised
in Press -- 'The Skeptical Environmentalist' (pdf) Danish author
Bjorn Lomborg yesterday was denounced by a panel of his country's
top scientists for engaging in scientific dishonesty... Lomborg, an
associate professor of statistics at Denmark's University of Aarhus
and a former member of Greenpeace, concluded in his best-selling
1999 book, "The Skeptical Environmentalist," that "air and water
around us are becoming less and less polluted. Mankind's lot has
actually improved in terms of practically every measurable
indicator." January 8, 2003, Washington Post
http://www.ftlcomm.com:16080/ensign/ensign2/pdfarchive/washingtonPost/danishprofessor.pdf |