Surviving Capitalism (Not) : The Markets. The Markets. Who Are These "Markets" We Are So Beholden To?

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Monday, August 8, 2011

The Markets. The Markets. Who Are These "Markets" We Are So Beholden To?

Click here to access article by Peter Kellow from OpEd News.

Have you ever wondered about this god called "The Market" that our masters of the Empire worship so much? You can't blame them for worshiping this god because it has brought them so much wealth and power. On the other hand, this god has brought so much misery, death, and destruction to the vast majority of us. Hence, to fight this god, we must gain some understanding of it. This article helps to demystify the concept along with hedge funds, and money creation.

...the word "markets" refers to some indefinable, ineffable force to which we know we must just bow down. We don't need to question what they are and should not do so. We certainly should never put their authority in doubt, or terrible things might happen.