As a continuing part of the juxtaposed project to blogging for a dream...
After listening to some of my audio books I concluded the following.
The economic ideas that have competed to rule the world through the centuries are all wrong. Economics has evolved from Nationalism to Free markets (Invisible hand) to the fierce battle between socialism and capitalism(Invisible hand and Keynesian econ). After the cold war ended, capitalism "proved" better than socialism. Since then the world has been ruled by capitalism as the ultimate economic standpoint than no one dares to change(with the obvious exceptions of China, Cuba and some others).
I think that capitalism is a perpetual nightmare that someday is completely going to bring the world to an end. On the other hand socialism was a rather an ultra nice but rather short dream...
So what do you propose Mismo?
I have an new idea that I can further elaborate m(whenever I have time, so probably not within the next year). According to number theory averaging brings everything to the center.Based on this, my suggestion is that the overall world economy will function better if a hybrid economy is put in place. That is using the best ideas of Smith, Marx , and Keynes... and someone other important economist which more than likely affiliate to only one of the three mentioned. The good news are that this is not an utopic suggestion it totally makes sense in theory. The counterpart is that in order to put such economic strategy in place A LOT OF PEOPLE WOULD HAVE TO GET USED TO IT. It makes me so sick that the solution is so easy but yet so paradoxical. Here is why, rich people(the vast majority, here I am referring to the stupidly(very) rich ones) want to be conspicuous and separate themselves from everyone. Poor people (the vast majority) has been brain washed by media to be mediocre. In shirt both ends of the income spectrum are comfortable the way things are. As long as they are both entertained and fed either with lobster or taco bell... who cares? And let me apologize for not citing any academic work that will make this post credible. I don't need such back up. The truth is that anyone in his or her right mind could draw the same conclusions(at least after studying the history of economics). Bottom line this world would never change because "in general" we are really comfortable living the crappy systematic lives that we have. I said in general because we do complain, but then again we go to buy happiness in any way you name it, it could be in the form of a house, a car, nice clothes, a nice dinner, etc.
What is wrong with the world???
...to be continued
Tuesday, September 16, 2008
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