The eurozone is now in fact run by an eight-member politburo. What a sterling job. This Gang of Eight is accountable to no one, except mythical Zeus with his trademark thunderbolts. In the liquid modernity era, Zeus goes by the name of the God of the Market. The only thing that matters to the Gang of Eight is what financial markets -- run by the God -- want; mere mortals, as in European voters, are at best a nuisance.Could it be that the capitalist "politburos" really want to balkanize Europe--the better to control it? The author uses his typical sardonic writing style to suggest not only that capitalists are dropping the usual pretenses of "democratic" processes by openly using politburo-like panels to impose their interests, but may have decided to break up the European Union into something more manageable.
Ergo, eurozone national governments are totally meaningless. The shots are called by a troika formed by the European Central Bank (ECB), the European Commission (EC) and the International Monetary Fund (IMF). All of them gloriously unelected.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Wednesday, November 16, 2011
Politburo uber alles
Click here to access article by Pepe Escobar from OpEd News.