Market Sense
According to MSNBC "The US governments humanitarian relief agency will significantly scale back emergency food aid to some of the worlds poorest countries this year because of soaring global food prices."
What can you say? When the Market "speaks" or signs your death certificate or grants your temporary pardon or just tells you to fuck off and die all you can do is curl up with your bloated stomach and flies in your eyes and follow it's "commands". The Market has a wisdom and will punish. The Market adjusts and balances, it delivers judgements, it condemns and praises. The Market creates order and makes sense in a mathematical way. Currency = Food.
Apparently they are facing a 120 million dollar "shortfall", about what they spend for a few hours in Iraq or what a CEO gets for a Christmas bonus or a movie star spends on a home re-model. Because the PRICE of food went UP, because of supply and demand, because a corpse is negotiable on the futures market and pork bellies are down while derivitives remain stable . The Market sorts it all out. A bowl of "fair trade" rice converted to ethanol has no value in the sub-prime market with Bears and Bulls running wild and casket orders on the rise. It all makes sense. Buy low and sell high. Don't be born with dark skin. A penny saved is a penny earned. Thats something you can bank on, convert the interest to a gmo ear of corn, and send it air mail to Africa. You can do well AND do good! We appreciate your business!
posted by troutsky @ 6:43 AM
8 comments
8 Comments:
It strikes me that it makes no sense to organize commodities in such a fashion. How about a decentralized democratically planned economy? Its never been tried, it just might work.
Commies know nothing about markets except how to fail. Add a touch of Marx and food exporters become famine zones.
Do you morons have any idea how stupid you are?
Beakerkin is yet to express one sentence, about his actual politics. Beyond personal attacks, his politics are secret. He is total oppurtunist.
democratically planned and executed, perhaps I trade a little wealth and some of my free time (at first) for the ability to participate and just distribution. Im willing, is Beak?
Who, it seems, has a somewhat irrational belief that one of his ad hominem attacks will finally convince me to quit the "Dark Side".As for his politics, he is a "Rudy Republican", more a brand than an ideology but hey.
The Market sorts it all out.
I was reading an excerpt from the autobiography of Eric Gill, a Christian sculptor and contemporary of Chesterton, in which he rails against capitalism. Now I'm going to have to try to defend it. You shouldn't make me do this, Trout.
The problem with the economy is that we've run deficits for years. Deficit spending invariably destroys the currency, leading to inflation, or higher--everything-- food prices.
It's only going to get worse, and Ron Paul is going to look like a prophet; though, I'm afraid most people will draw the wrong conclusions as they always do.
I would welcome someone like Paul to try some new prescription but only to prove once and for all that the flaws are not only moral but structural.Why shold any system be the "end of history",the perfected process for all of eternity? Capitalism served it's purpose, time to move forward. Once we have established real democracy it might be time to move to something we can not yet imagine.
Capitalism served it's purpose, time to move forward.
To what?
Once we have established real democracy it might be time to move to something we can not yet imagine.
I see. Forgive me for not leaping forward in expectation.
Springtime For Trotsky.
All the examples of failure are facts. You are flat earth imbeciles devoid of intellect.
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