Sunday, March 15, 2009

THE HYBRID ECONOMY

OUR CONFIDENCE WAS REASSURED WHEN COMMUNISM FLOPPED TWO DECADES AGO.
WITH THE EXCEPTION OF A FEW LILLIPUTIAN HOLDOUTS, SUCH AS CUBA AND NORTH KOREA, THE CONCEPT OF A STATE OWNED, CENTRALLY PLANNED ECONOMY NEVER WORKED WELL ONCE IT LEFT THE LABORATORY PAGE.

IT SIMPLY DID NOT FULLY TAKE INTO ACCOUNT MANS’ PROPRIETARY
URGES.

THE SYSTEM PROVIDED NO MOTIVATION BEYOND A CARROT-LESS STICK.
IT PROMISED A CLASSLESS SOCIETY WITH A ONE-RUNG LADDER.
THE COMRADES TRIED TO TURN THE JUNGLE INTO THE PEACEABLE KINGDOM.
THEY FAILED.



CAPITALISM WAS GLOWING FROM THE WINNER’S CIRCLE.

BUT, WOE IS US.
NOW WE DISCOVER THAT A FREE-MARKET ECONOMY IS CURSED WITH SOME IMPERFECTIONS OF ITS OWN.
MOTIVATION CAN EASILY MORPH INTO GREED, AND
OPPORTUNITY CAN BLOSSOM INTO MANIPULATION.
FREE-RANGE INVESTORS COULD DEVELOP WIN-WIN SITUATIONS FOR THEMSELVES, WHILE EVERYONE ELSE WOULD LOSE-LOSE.
BROKERS MADE US BROKE.
“YOU CAN BANK ON IT” BECAME GALLOWS HUMOR.

THE WINNER’S CIRCLE IS NOW EMPTY.


GET READY FOR THE HYBRID.

5 comments:

Anonymous said...

Lilliptutian holdouts? Are you discounting the giant China?

quicksand said...

DEAR BEN,

HOLY PANDA-POOPS!
CHINA HAS BECOME WAY MORE CAPITALISTIC THAN WE ARE.
REPRESSIVE? YES, STILL.

BUT MAO'S LITTLE RED BOOK WOULD BE A SLOW SELLER ON AMAZON.

THERE ARE MORE SMALL BUSINESSES AND ENTREPRENEURS IN CHINA THEN THERE ARE HERE, IN FREE-MARKET'S GROUND ZERO.

NOTE: IT WAS RECENTLY STATED THAT THE COUNTRY WITH THE LARGEST ENGLISH-SPEAKING POPULATION WILL SOON BE CHINA.

mountainpalm said...

World government is upon us.
The North American Union is upon us.
The Military/Industrial Complex, (owned by the International IN STREET.

mountainpalm said...

sorry I was cut off.......

Purple Haze said...

Talking about GREED…If you think things are bad now, wait until we have to pay the user tax to the MTA which hardly any one out here in the Town of Southold uses. The train runs twice a day here and those yahoos in Albany expect for the 12 counties the MTA allegedly serves to bail them out with a user tax?! Stop taxing the poor and middle class and and go after the Bernie Made-offs and those AIG-like bastids to pay their fair fare share. As Aerosmih said, Kill the rich!"