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jessescrossroadscafe.blogspot.com / 04 JANUARY 2016
The naturally ‘efficient market’ hypothesis never dies when money grubbing oligarchs have the funds to pay economists and ‘train journalists’ to mindlessly repeat their propaganda against meaningful reform and honest market regulation.
That hypothesis is that all people, including the worst of the worst in global finance, are as naturally good as saints and selflessly rational as angels, and that it is the evil government that interferes with their noble efforts at creating perfectly unregulated markets.
If only we can get rid of government, then all will be well.
Alas, there is a kind of partnership between the corruptors and the corruptible, between those who seek power and money above all in any walk of life. And corporatism is the foul partnership between the worst of those in commerce and their counterparts in government. But as not all in business are bent to crime, hardly so as it is a small minority of the worst that taints it, so it is with government and other segments of a modern society.
But there are times when, for whatever reasons, the worst seem to prevail.
What is ignored is the vastly corrupting influence of money on the weak willed and shamefully dishonest men and women in politics, as well as the media and the legal and economic professions, that eats into the fabric of society like a cancer of corruption. Greed is the ultimate good to them, and the will to power is the poison that taints their honesty and honor.
The post The War Against Meaningful Reform appeared first on Silver For The People.