Monday 26 April 2010

Wealth Wars.

Sunday, Imperial War Museum north. Well worth a visit, especially prescient in these days of impending ration books. Hitler was just sooo obvious! His, “I’m coming to get you” tactics was like so old school. Of course the people of Britain would turn on the searchlights, beat aluminium pans into fuselages and protect London by hundreds of giant floating condoms. Of course the Americans would see it as a wonderful business opportunity. We’re plucky, we’re up for a post match punch up with Borussia Mönchengladbach, even if it does mean eating less and growing potatoes in the bath. Seeing the museum reminded me of our wonderful spirit “to do something” individually and cooperatively when needs must. But today the battlegrounds have changed fundamentally. We have moved to a time of covert challenges. Why invade a country when you can quietly take over the ownership of it? The fifteen wealthiest individuals have a joint wealth of $450 billion, which is about the same as the current deficits of the UK, Greece, Spain and Portugal put together. It would seem that the mechanisms of money flow have allowed it to collect in pockets. This time we didn’t turn on the searchlights; we didn’t see this invasion of our wealth happening. Thousands of troops are one thing but thousands of constantly evolving mechanisms in markets to deviate money flow is very different. It is based on a never-ending loop. Money brings power, power gives the ability to make the rules of money flow, which provides more money, which gives more power, and so on. It is the ultimate triumph of the intellectual realm over physical reality. When the last fruit grower in Africa is made destitute by the wealthiest man in Christendom, the wealthiest man in Christendom has no fruit to eat. But who needs fruit when you’re the wealthiest man in Christendom? So bear in mind in this election when they offer you a ration book to help pay off the deficit, there’s a war on.

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