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Europe’s Greek Showdown: The Sum Of All Statist Errors

Europe’s Greek Showdown: The Sum Of All Statist Errors

The politicians of Europe are plunging into a form of ideological fratricide as they battle over Greece. And “fratricide” is precisely the right descriptor because in this battle there are no white hats or black hits—-just statists.

Accordingly, all the combatants—the German, Greek and other national politicians and the apparatchiks of Brussels and Frankfurt—- are fundamentally on the wrong path, albeit for different reasons. Yet by collectively indulging in the sum of all statist errors they may ultimately do a service. Namely, discredit and destroy the whole bailout state and central bank driven financialization model that threatens political democracy and capitalist prosperity in Europe——and the rest of the world, too.

The most difficult case is that of the German fiscal disciplinarians. Praise be to Angela Merkel and her resolute opposition to Keynesian fiscal profligacy and her stiff-lipped resistance to the relentless demands for “more stimulus”   from the likes Summers, Geithner, Lew, the IMF and the pundits of the FT, among countless others. At least the Germans recognize that if the EU nations are going devote 49% of GDP to state spending, including nearly a quarter of national income to social transfers, as was the case in 2014, then they bloody well can’t borrow it.

Notwithstanding the alleged German led austerity regime, however, that’s exactly what they are doing. Germany has managed to swim against the surging tide of EU public debt, lowering its leverage ratio from 80% to 76% of GDP in the last four years. Yet the overall debt ratio for the EU-19 has continued to soar—meaning that the rest of the EU drifts ever closer to fiscal disaster.

 

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Organizing Against Tyranny

Organizing Against Tyranny

My work and my thoughts lately have turned toward a now constant focus on the concepts of organization, more in respect to underlying philosophy rather than hard, fast rules and structures. If you are one of the slithering acolytes of political theory elitist Saul Alinsky (and you haven’t felt the inclination to jump face first into the nearest punji pit), then the primary tool of organization for you is to lie, and to lie often. Tricking people into action using false premises, telling people what they want to hear rather than opening their eyes to reality, is perhaps the easiest way to build a movement. Of course, that movement will eventually destroy itself as the lies begin to inhibit progress rather than inspire it. But in most cases, by the time the organization self-destructs it has already been exploited for the nefarious purpose it was intended.

For the liberty movement, the movement against globalization and forced centralization of financial and political power, lies are simply not an option. The internationalists have already cornered the market on lies, so we must take a completely contrary approach. We must organize around the truth, no matter how painful it happens to be. This is a much more difficult prospect, one many people don’t understand or appreciate.

There are a lot of complaints in the movement about the lack of what they consider effective organization, and the frustration is in some ways beginning to evolve into fear. Here are some core inconsistencies I believe are at the heart of organizational problems within the liberty movement and what we can do to solve them.

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Olduvai IV: Courage
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Olduvai II: Exodus
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