Whose analysis of political-economy is valid and what standard is it's legitimacy measured by? These past days have seen what has been spoon fed to the political-economy illiterate masses as chaos in the above ground economy. We have been told that instability in the real-estate sector of the economy is the epi-center. First of all what sort of anomaly is devaluation in something as ethereal and relative as value? Techo-cratic economists, love the spectacle of Germans pushing wheel barrow loads of inflated marks for the purpose of buying a loaf of bread at the turn of the last century as illustration of the nastiness of relative economical distortions.
What is peculiar is people expect and pursue progress and deeper understanding in all other facets of life besides paradigms of political-economy and speculation of religion that the matrix of the human condition itself is understood even less than what is God. Money is understood with as much clarity than the fact it's a piece of paper intended to reflect and be the means of transferring value which isn't even understood that it's the value of human life condition.
The human condition, since the marginalization of aristocracy and the emergency of colonialism as political-economy paradigm has accepted as divine fiat the speculation of value which was agreed upon in European drawing rooms and studys as the construct of a New World Order that yawned upon history when whole nationalities and land were reduced to Colonial company-charters.
Speculative value and it's accumulation is not an absolute static, as the paradigm of Colonialism would suggest so why isn't it questioned?
By Apropos
Friday, August 24, 2007
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