Snippets

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Monday, July 16, 2012

Here is the classic example of that kind of insincerity in both foreign and domestic affairs which permeates not only avowed motives but also probably the conscious motives of the actors themselves - that of a policy which pretends to aspire to peace but unerringly generates war, the policy of continual preparation for war, the policy of meddlesome interventionism. There was no corner of the known world where some interest was not alleged to be in danger or under actual attack. If the interests were not those of Rome, they were those of Rome's allies; and if Rome had no allies, then allies would be invented. When it was utterly impossible to contrive such an interest - why, then it was the national honour that had been insulted. The fight was always invested with an aura of legality. Rome was always being attacked by evil-minded neighbours, always fighting for a breathing space. The whole world was pervaded by a host of enemies and it was manifestly Rome's duty to guard against their indubitably aggressive designs. They were enemies who only waited to fall on the Roman people....

— Joseph Schumpeter, The Sociology of Imperialism [1918]
 

© 2012 The Future of Freedom Foundation. All rights reserved.



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The promise the old hold out to the young is a lifetime of rent, debt and insecurity. A rentier class holds the nation’s children to ransom. Faced with these conditions, who can blame people for seeking an alternative?


But the alternatives have also been shut down: you are excluded yet you cannot opt out. The land – even disused land – is guarded as fiercely as the rest of the economy. Its ownership is scarcely less concentrated than it was when the Magna Carta was written. But today there is no Charter of the Forest (the document appended to the Magna Carta in 1217, granting the common people rights to use the royal estates)(2).


2. http://info.sjc.ox.ac.uk/forests/Carta.htm

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http://www.monbiot.com/2012/07/16/the-promised-land/


 I remember a political postcard from the early 1990s titled “Britain in 2020”, which depicted the police rounding up some scruffy-looking people with the words, “you’re under arrest for not owning or renting property”. It was funny then; it is less funny today.

The young men and women camping at Runnymede are trying to revive a different tradition, largely forgotten in the new age of robber barons. They are seeking, in the words of the Diggers of 1649, to make “the Earth a common treasury for all … not one lording over another, but all looking upon each other as equals in the creation.”(6) The tradition of resistance, the assertion of independence from the laws devised to protect the landlords’ ill-gotten property, long pre-date and long post-date the Magna Carta. But today they scarcely feature in national consciousness.

6. Gerrard Winstanley, 1649. The True Levellers Standard Advanced: Or, The State of Community Opened, and Presented to the Sons of Men.


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“…have a very poor record forecasting recession.
Conclusions based on such models must be suspect.”

Alan Greenspan
August 7, 2010

But why? The reason is fundamental. Mathematics is a very precise sciencee. Economics is still far from being precise. The application of mathematics to economics is premature.

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