Best of the Week
Most Popular
1. Best Cash ISA Savings Account for Soaring UK Inflation - February 2018 - Nadeem_Walayat
2.Gold Price Forecast 2018 - February Update - Nadeem_Walayat
3.Bitcoin Crypto Currencies Crash 2018, Are We Near the Bottom? - Nadeem_Walayat
4.Trump Bubble Bursts, Stock Market Panic Dow 1175 Point Crash Analysis - Nadeem_Walayat
5.Gold Corrects, Bitcoin Markets Crash, Whilst Stocks Plunge - Nadeem_Walayat
6.US Treasury Bonds: Fuse to Light the Bonfire - Jim_Willie_CB
7.Dow Falls 666 Points As Cryptocurrencies Crash And Krugman Emerges From His Van - Jeff_Berwick
8.Stock Market Roller Coaster Crash Ride Down to Dow Forecast 23,000 - Nadeem_Walayat
9.Trading the Shadows - Oil, Dollar, Stocks, Gold Trend Analysis - B.R. Hollister
10.Stock Market Analysis: Baying for Blood - Abalgorithm
Last 7 days
Why You Should NOT Sub4Sub Free Youtube Subscribers - YTpals, Subpals, SubmeNow Test Results - 23rd Feb 18
One Belt, One Road, One Direction for Precious Metals - 23rd Feb 18
Gold’s Curious Sentiment - 23rd Feb 18
Relationship Between Crude Oil and U.S. Dollar in February 2018 - 23rd Feb 18
Why The Next Oil Boom Will Be Fueled By Blockchain - 23rd Feb 18
Gold Bull and Bear Markets - 23rd Feb 18
Why Recent Lows Are Crucial for US Dollar - 23rd Feb 18
Will Bitcoin be Larger Than NEO in 2018? - 23rd Feb 18
Stock Market SPX Probable Pop-n-drop - 22nd Feb 18
Stocks Fail to Hold Gains, But Still No Correction - 22nd Feb 18
Why We Should Buy Essay - 22nd Feb 18
The Latest US Debt Blow - 22nd Feb 18
6 Tips For Seamless Business Foreign Exchange - 22nd Feb 18
How to Anticipate Stock Market Trend Changes - 21st Feb 18
Gold Miners’ Rally? What Rally? Watch Out for More Fake Moves! - 21st Feb 18
5 Big Drivers of Higher Inflation Rates Ahead - 21st Feb 18
Goofy Indictments Divert Attention from Criminal Abuses at the FBI and DOJ - 21st Feb 18
Bitcoin or British Pound ‘Pretty Much Failed’ As Currency? - 21st Feb 18
Stock Market Waiting for the Fed - 21st Feb 18
National Identity Demands Restrictive Immigration - 21st Feb 18
Best Opportunities for Freelance Technical Writing Jobs - 21st Feb 18
4% US 10-year Treasury Note Yield Will Be a Floor Not a Ceiling - 20th Feb 18
Governments Are LYING about Their Gold Activities while Mining Companies Cower - 20th Feb 18
No Silver Lining Here - 20th Feb 18
Semi Conductor Stocks SEMI Bearish? - 20th Feb 18
The Prisoner Promised Land - 20th Feb 18
Best Car Dash Cam Review: Z-Edge S3 Dual Dash Cam - UNBOXING (1) - 20th Feb 18
How Inflation Reduces The Real Value Of Social Security Net Of Medicare Premiums - 19th Feb 18
Could Stellar Lumens be a Challenger to Bitcoin for International Payments? - 19th Feb 18
US-China Trade War Escalates As Further Measures Are Taken - 19th Feb 18
How To Trade Gold Stocks with Momentum - 19th Feb 18
Is a New Gold Bull Market on the Horizon? - 19th Feb 18
Stock Market Decision Point! - 19th Feb 18
An Inflation Indicator to Watch, Part 1 - 18th Feb 18
Get on Top Of Debt Before It Gets on Top of You - 18th Feb 18
Will the Stock Market Make a Double Bottom? - 18th Feb 18
5 Reasons Why Commodities Are the Investment Place to be in 2018 - 18th Feb 18
1 Week Later, Stock, Bond Market Risk Remains ‘On’ as 2 of 3 Amigos Ride On - 17th Feb 18
Crude Oil Prices: A Case of Dueling Narratives? - 17th Feb 18
Free 1000 Youtube Subscribers Services - YTpals, Subpals, SubmeNow Test - 17th Feb 18
How to Trade as We Near March Stock Market Top - 16th Feb 18
Bitcoin as Poison - 16th Feb 18
GDX Gold ETF Weathers Stock Market Selloff - 16th Feb 18
Casino Statistics and Demographics - 16th Feb 18
IS Today Thee Stock Market Turn Day? - 16th Feb 18
Huge SMIGGLE Shopping HAUL, Pencil Cases, Drinks Bottles, Back Packs, Toys.... - 16th Feb 18
Tesla Cash Keeps Burning at $320 a Share - 15th Feb 18
Big Conflict Ahead in the Financial Markets - 15th Feb 18
Stocks Extend Rally Off Friday's Low, But Short-Term Exhaustion Near - 15th Feb 18
Stock Market Out on a Limb... - 15th Feb 18
Things Only a True Friend Would Say About Gold - 14th Feb 18
Global Debt Crisis II Cometh - 14th Feb 18
Understanding Crude Oil Behavior - 14th Feb 18
Stock Market is Getting Scary... - 14th Feb 18

Market Oracle FREE Newsletter

Urgent Stock Market Message

How Misconceptions Are Driving the US to Sociopolitical Disaster

Politics / US Politics Feb 02, 2017 - 04:01 PM GMT

By: David_Galland

Politics

Throughout history, bad ideas such as those espoused by Marx have taken hold in the public arena and become institutionalized. This occurred despite the inherent violence required by a system in which individuals are forced to be subservient to the state. I’ve discussed issues like this previously, but I find it continues to be relevant today.

The iconic socialist revolutionary, Che Guevara, made the case that in a true socialist revolution, large swaths of the population had to die.


Is it possible or not, given the present conditions in [the Americas], to achieve socialist power by peaceful means? We emphatically answer that, in the great majority of cases, this is not possible. The most that could be achieved would be the formal takeover of the bourgeois superstructure of power and the transition to socialism of that government that, under the established bourgeois legal system, having achieved formal power will still have to wage a very violent struggle against all who attempt, in one way or another, to check its progress toward new social structures.

Che Guevara, Tactics and Strategy of the Latin American Revolution, 1962

You may recognize that doctrine being applied eight years after it was written in Pol Pot’s regime. More than 20% of the population died horribly in the reeducation camps where they were sent to learn how to think correctly. Or die. Actually, mainly die.

The point I am laboring toward is that once bad ideas infest the educational system, they invariably jump the intellectual barriers and end up in the political system.

It is thus that the low-information processors have so tightly embraced the Chicken Little idea that the sky is falling due to the degradation of the environment, and that the governments of the world have responded by spending hundreds of billions of dollars fighting a fiction.

This despite all the flashing fluorescent signs that the idea holds no water. If it did, why the pivot from “global warming” to the catch-all broader notion of “climate change”? And why is there a steadfast refusal by leading climate alarmists to publicly debate scientists who dispute the theory?

But that is just one small example of a long list of bad ideas that have crossed the blood-brain barrier.

Here’s another. Not all that long ago, some bright light decided that voluntarism should be injected into the schools. For example, making it a class project to read to old folks or play with stray dogs down at the local animal shelter. Harmless enough activities designed to “teach” the young to be more civic-minded. Well, that idea has morphed from a one-off activity to being mandatory for graduation.

And rather than providing the simple lesson that people can do a bit of good in their local community by volunteering, it has become indoctrination to advance Marx’s mantra.

We know a nice enough family back in the States that can never just go on vacation. Rather, they feel compelled to head off to some backwater to do good works, paying for their “holidays” with donations dunned from friends and family members.

The Epidemic of Bad Ideas

Slapping together an abbreviated list of the bad ideas now sweeping aside intelligent thought across the land—both in the US and in most countries where people have too much time on their hands—we come up with:

Mother Earth Is Dying

What a dismal and stupid perspective. And doubly stupid because the same morose idea has infested the human imagination time and time again over the millennia. In the past, Gaia’s purported assassins have taken the form of overpopulation, a new ice age, air pollution, swine flu, holes in ozone layers, dying bees, or whatever the hell.

Speaking as someone who has visited all points of the compass on planet Earth, if there’s a problem humanity faces, it is underpopulation. Case in point, my partner Olivier Garret’s sainted mother lives in the countryside about 20 minutes from Paris. Despite the area being populated since men and apes were dating, there are rolling green hills and forests as far as the eye can see.

Dear readers in England might get a kick out of this illustrative quote from Paul Ehrlich, the dimwitted father of modern doomsday predictions:

By the year 2000, the United Kingdom will be simply a small group of impoverished islands, inhabited by some 70 million hungry people... If I were a gambler, I would take even money that England will not exist in the year 2000.

            —Speech at British Institute for Biology, September 1971

Proving how hard it is to kill off bad ideas, to this day, Ehrlich remains the president of Stanford University’s Center for Conservation Biology.

All Cultures Are Good 

You have to be naive in the extreme to accept this notion as true. Is an Islamic theocracy on par with living in a secular democracy where, for example, women have basic rights?

Is African tribalism as an organizing system as valuable as one based on the rights of the individual to pursue life, liberty, and happiness? Is the Indian caste system really okay?

In my opinion, the idea that individual cultures should be preserved like museum pieces is one of the most dangerous ideas afflicting modern man. That which separates us does not make us stronger.

Capitalism Is Bad

Wake up and smell the Starbucks! Or some other brand determined to unseat Starbucks by offering better coffee at a better price. Though far from perfect—and, sorry to break it to you, but like Santa Claus, there is no such thing as a perfect economic system—minimizing government interference in the free exchange of goods and services works best at elevating the quality of life for the greatest number of people.

Conversely, despite Marx’s quip, the systems that work worst are invariably based on some group of elites using the cover of “public good” to pull the levers on a command economy.

Political Correctness

Talk about a slippery slope. Today, virtually any action or word can be seen to “micro-aggress” against some sensitive soul. In response, universities and governments feel compelled to take active measures to protect those same souls.

The end result has to be a Gordian knot of soul-draining policies, regulations, and other complexities. Oh wait, why should it be a Gordian knot? Why not Gordiana or some other gender-neutral name? Sexist bastards!

White People Are Bad and a Dying Breed

And that goes double for white men, eeeww! Sorry toots, but in the US, 75% of the population is Caucasian, and just under half of that number are men. And it’s not just in the US that whites make up the demographic majority by a wide margin. That is also the case in Canada, Australia, the UK, Europe, Russia, and many other countries.

It may surprise you to learn that here in Argentina, the number is closer to 90%, and it’s even higher than that in Costa Rica, among many others.

The idea that white people will effectively fade away anytime soon crashes and burns in the face of demographic facts. Regardless, as I’ve mentioned before, focusing on the color of a person’s skin in making policy is, per my comments above, looking for ways to separate us humans, and so I am 100% against it. As far as the notion that white people are somehow bad, that’s just naked racism.

The US on a Slippery Slope 

I could go on. However, as the sun is high in the sky, it is time to move on to other tasks.

As I slide toward the exit, I will sum up by expressing my concern that parts of the world, in particular the United States, are now cartwheeling down the slippery slope toward disaster.

A disaster caused by the epidemic of bad ideas that have germinated in the educational system and subsequently taken root in the halls of political power.

Of course, not everyone has been equally infected. Individuals with common sense and an inclination toward facts and the scientific method are largely immune and can only view with alarm the zombie-like madness caused by bad ideas.

With the body politic so deeply divided, I really don’t see how a serious sociopolitical crisis can be avoided.

Subscribe to The Passing Parade

A rousing weekly romp on economics and markets with a dose of politics and other follies, The Passing Parade is published every Friday by Garret/Galland Research. Click here to get your free copy sent straight to your inbox.

David Galland
Managing Editor, The Passing Parade

http://www.garretgalland.com

Garret/Galland Research provides private investors and financial service professionals with original research on compelling investments uncovered by our team. Sign up for one or both of our free weekly e-letters. The Passing Parade offers fast-paced, entertaining, and always interesting observations on the global economy, markets, and more. Sign up now… it’s free!

© 2016 David Galland - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules