On The Money;
Economics For the 99%
Despite their fat books, and complex economic models, economists fail to comprehend the nature of economic activity. They don’t realize that the economy is an organic part of a greater organism known as society, and an even greater organism known as the environment. In other words, the economy is not a thing in itself. Instead, it is a part of our lives, and our lives are part of life on Earth. Ideally, the economy should be a much smaller part of our lives, and much less of a burden to life on Earth.
To illustrate this relationship, you could think of the economy as the liver of a goose. The liver of a healthy goose is about the size of a human thumb, and at that size it serves the goose very well. In a healthy goose, this small organ helps the goose digest and process all of the seeds, plant material, bugs and small fish that a healthy goose eats, and turns that food into strong goose muscles, shiny warm goose feathers, healthy goose eggs, and gives the goose all of the energy that it needs to fly thousands of miles each year as part of its annual migration. That’s what a goose’s liver is supposed to do.
However, some people who raise captive geese, don’t care about the health of their geese. They don’t want their geese to fly, or lay eggs, and they don’t care if the goose is strong or if it has shiny warm feathers. Instead, they want their geese to grow the biggest liver possible, in order that they might dine upon a French delicacy known as Foie Gras.
They’ve learned that if they nail the goose’s feet to the floor, so that it can’t get any exercise, and they put a tube down the goose’s throat, so that they can force feed it huge quantities of leftover pasta, bacon grease, and lots of other fatty, high carbohydrate food, they can make the goose’s liver grow until it is larger than a human fist. So, this is what they do to their geese.
As you can imagine, this doesn’t make the goose very happy at all. The goose shows many signs of distress, but the people who raise geese this way, simply ignore those signs. The goose then becomes very ill, but the people who raise geese this way ignore that too. Instead of the liver serving the needs of a healthy goose, the people who raise geese for foie gras, sacrifice the goose in order to produce the largest liver possible.
Before long, the goose is near death, and the goose’s liver, by this time about eight times as large as a healthy liver, has become so distended and diseased that it barely functions at all. At this point, the people who raise geese for foie gras, kill the goose, and remove the huge diseased organ, for which they have sacrificed what was once a beautiful, healthy bird. This is the ugly truth behind that popular French delicacy.
Unfortunately, this is also the ugly truth behind economics. For far too long, a small number of people who enjoy “the finer things in life”, have eagerly sacrificed the health of society and the environment in order to force economic expansion. For them, the quality of our lives, our health, our strength, and our culture only exist to deliver to them, the largest possible economy, so that they might enjoy the largest quantity of the richest possible delicacy.
Do not be fooled by fat books, sharp suits or white lab coats. Economists, businessmen and scientists generally do not have your best interest at heart. Instead, they seek to preserve, and improve their positions of authority and privilege, while they serve the interests of the 1%. Unless we overthrow the tyranny of objective science, escape the clutches of the 1%, and remember how to live our own lives, despite our fallibility, our goose is cooked. There’s an economic analogy that’s On The Money.