Sunday, February 23, 2014


Politics has become the art of the impossible.

We have a dysfunctional economy because we have a dysfunctional society, and vice versa. The pieces in the jigsaw box don't match up with the picture on the lid.

The picture shows people providing manufactures and services for each other. Families are holding together through thick and thin, and raising their children with love and discipline. Tax rates are low because money velocity and employment are high and few need to call on the safety net of the Welfare State. After paying for the necessaries of life, there is money left over to save for emergencies and old age, and saving is worthwhile because the currency keeps its value. The country is self-governing and at peace with its neighbours. Our leaders work for our best interests, arbitrating fairly between the demands of different groups.

The pieces we have now don't make that picture, and they don't even fit each other.

Our leaders have given our law and governance to the EU, effectively abandoned border controls, sold our economic base to foreign interests and combined to oppose electoral reform that would make them more answerable to the voters.

So to distract from their comprehensive failure, they select victims to be the lightning-rods for our anger. The recent "life means life" ruling on prisoners is to give us the illusion that our judicial system is independent of Europe; benefit claimants are demonised so that we don't ask why we haven't got jobs for them to do; economic immigrants, because they cannot be excluded, are to be treated as second-class citizens (in terms of social benefits) when they arrive.

This is reminiscent of Mao's Cultural Revolution, the cynical sowing of factional discord to secure control at the top. It feels like an era is ending, and those in the know are looting the system before the collapse. If Martin Armstrong's theory is correct, it's all inevitable, part of the long-cycle economic pulse that is bringing both Marxism and representative democracy to an end.


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