tag:blogger.com,1999:blog-8861605.post8346869136737803093..comments2024-03-24T11:01:27.668-04:00Comments on Resource Insights: Withdrawing from the global villageKurt Cobbhttp://www.blogger.com/profile/05330759091950742285noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8861605.post-25204702635470313952012-04-22T18:57:15.635-04:002012-04-22T18:57:15.635-04:00Globalism as it has been structured would not be p...Globalism as it has been structured would not be possible in the true Free Market economy that the neo-liberals say they believe in. <br /><br />It would not be possible without extremely complex monetary arrangements that must be brokered by governments with the ability to manipulate currencies and credit; or without the trade agreements and special legal favors. Considered carefully, this sort of intervention is all very anti-free market. <br /><br />But then, our crony capitalists, nearly all of whom owe their fortunes to massive government intervention, have never believed in or practiced "free enterprise", unless that is what people call a system that grants license to steal to the rich and connected while making the public pay for the risks and costs. Somehow, that is now how THIS student of Ludwig Von Mises and Von Hayek. Our right wing has grossly distorted Free Market philosophy and palmed off their interpretation of it on an ignorant and cowed public, to the detriment of the principles of the philosophy, but most of all, to the ruin of all the western economies. <br /><br />The principal victims, of course, are the hundreds of millions hapless people who must somehow find a way to negotiate terminal fuel depletion in an economic environment that is not only much more brittle and fragile for the interventions of government economists in the service of their corporate masters, but where it is not possible to get the information necessary to make sound decisions because of market signals distorted and skewed by their interventions designed to strip the public while further enriching those in power.The North Coasthttps://www.blogger.com/profile/14292115710427172625noreply@blogger.com