Expect Violence

Both Democracy and free markets serve as substitutes for violence.  Our free market system has been replaced by fascism. Once the claws of fascism grip a society, the living standards at the bottom rungs of the ladder decrease. With each passing day, poverty moves further up the ladder. Folks at the top, using political power, draw more and more income and wealth to themselves until the upper 5 percent possess virtual all of the wealth and income. This is a gradual process so those who suffer never figure out the cause of their troubles until the economy is destroyed. This is not capitalism.

Prior to democracy most issues were settled with violence. Currently our society is rejecting democracy in favor or an autocratic system. The public gets terrified when voters make other than mainstream choices. The news media panics and starts trying to defeat the candidate before the election is decided by popular suffrage. Politicians from both parties take the democratic process as a threat and try to prevent it from functioning.

The population is ignorant. Although self esteem is at record levels, citizens are completely ignorant of history. When economic stresses increase, they have no idea of the cause.  When I point to the ignorant, I am not singling out blue collar workers. I am talking about university professors, physicians, attorneys,  accountants and all others who unwittingly believe themselves to be enlightened. The ignorance and stupidity is pervasive. Opinions are managed. Opinions that bolster self esteem are the most popular. Of course the managed opinions only make people happy while destroying abilities to respond productively to the natural stresses the universe imposes.

So what happens when both the economy and the political system fail? People discover that they have been exploited and have no way to address their issues through government.  That is when the violence starts and it can take numerous forms. Crimes at the top are already being committed at the top with impunity.  All others take this as permission to commit crimes at lower levels.  Chaos ensues.

Expect violence both from government and among the citizens. This is all perfectly normal for the situation we are moving into it.

With respect to the violence, I am not going to participate. For one thing I am to old, 67. Also, I have better judgment.


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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.
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