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Showing posts with label Milton Friedman. Show all posts
Showing posts with label Milton Friedman. Show all posts

Wednesday, April 10, 2013

MAGGIE THATCHER – EPIC WIN!

(She'll be greeted at the Rearden metal gates by Airey, Augusto, Milton, and Ayn.)

She may have left her physical body but her gaseous essence still permeates this world as an omnipresent ideal, a rancid idea, the awful and only way of doing things (T.I.N.A. - There Is No Alternative). She is not dead and those celebrating the decommissioning of her corporeal form still live with the consequences of her spirit. To be honest, most of you dancing on her grave are probably possessed by her. You espouse her values, talking of the cure-all of complete privatisation and complaining about welfare scroungers. It's like being glad the Devil is dead while possessed by that very same Devil.

The Baroness' dark spell has you all enchanted. You can rejoice in the expiration of the source of that spell but that doesn't mean you are lifting the spell. Thatcher placed a black curse on all your heads and then she died peacefully in her sleep. Put simply, in terms we can all understand these days: Maggie Thatcher - Epic Win!

Monday, July 20, 2009

There is NO other way! A Brief History of Capitalism.


Capitalism was invented 17 years ago by Reginald Capitalism. When attending a barter market, Reginald happened upon a gentleman who wanted to exchange two piglets for eleven yarns of Reginald's celebrated wool. Instead of this, Reginald proposed that the gentleman give him several circular pieces of brass (that would be provided to the gentleman by Reginald himself at a fixed rate of interest) in exchange for the wool and that Reginald return the pieces of brass for the piglets. Confused and somewhat put off, the gentleman declined to partake of this new form of exchange. However, Reginald's idea eventually caught on and the value of things have since become increasingly free form and experimental, like a kind of economic Bee Bop improvisation by a particularly demented saxophonist who is tripping off his head on acid and trying to exorcise the monkey on his back.

In some quarters, thanks to capitalism, the value of things and the transactions of those things have become so avant-garde that things that don't exist are being bought and sold with imaginary pieces of brass.

There are said to be whirling dervishes in Wall street, ensuring that faith triumphs over reality. Let's hear it for Capitalism!