Saturday 13 June 2020

Sound Economic Principles.


It appears to make so much sense. Most industries from air travel to corner shops are powerless against their rising debts. It’s as if time itself needs constant feeding £’s. A theatre for example plunges into the red. It’s a 100% going proposition except for no audience. It could continue its income stream in two weeks if that audience returned, but right now it’s bankrupt, like a TV you can’t keep up the payments on. It’s ready for the bailiffs. It’s purchased at a knock down price and the new owner plugs it back in. It’s no wonder Jacob Reece Mogg considers this pandemic to be a once in a lifetime opportunity. It’s supported by our public money as far as possible until the inevitable happens. We’re left paying off the debt, accepting lower wages and conditions and, if we have any cash left, buying tickets for its new production of The Merchant of Venice. And it’s all based on sound economic principles. So how come our ‘sound economic principles’ can lead to the biggest land-grab in history? Meanwhile Black Lives Matter and the statues of slave traders are torn down. Do we know something we don’t know we know? Are we all being bought and sold in some secretive existential slave auction? And dying in thousands to boot. If it hasn’t been the story line of a Bond movie already it should be. The filthy rich want even more money and the world to themselves to spend it in. See Ayn Rand’s book, Atlas Shrugged, circa 1930’s. I haven’t read it but quoted it enough times. So maybe viruses are the new thing to get you what you want, like plastics. I calculated the amount of plastics in existence once. It was countless billions of tons because every ounce of plastic since 1950 is still here somewhere. (360 million last year alone) So maybe there’s something wrong with our human understanding of ‘sound economic principles’. For sure cats don’t abide by it.

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