{"id":26250,"date":"2017-09-29T19:59:36","date_gmt":"2017-09-30T00:59:36","guid":{"rendered":"http:\/\/olduvai.ca\/?p=26250"},"modified":"2017-09-29T20:00:02","modified_gmt":"2017-09-30T01:00:02","slug":"upon-the-next-crisis-the-rules-will-suddenly-change","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=26250","title":{"rendered":"Upon The Next Crisis, The Rules Will Suddenly Change"},"content":{"rendered":"
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Upon The Next Crisis, The Rules Will Suddenly Change<\/a><\/h3>\n
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For the benefit of the elites; not the rest of us<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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We can add a third certainty to the two standard ones (death and taxes): The rules will suddenly change when a financial crisis strikes.<\/em><\/p>\n

Why is this a certainty? The answer is complex, as it draws on human nature, politics and the structure of societies\/economies ruled by centralized states (governments).<\/p>\n

The Core Imperative of the State: Expand Control<\/strong><\/p>\n

As I explain in my book, Resistance, Revolution, Liberation<\/em><\/a>, the core (i.e. ontological) imperative of every central state is to expand its reach and control.\u00a0 This isn\u2019t just the result of individuals within the state seeking more power; every centralized state views whatever is outside its control as a threat<\/em>. \u00a0The way to reduce or neutralize a threat is to take control of the mechanisms that generated it.<\/p>\n

Once the state has gained control of these mechanisms, it is loath to relinquish them; to relinquish control is to invite chaos.<\/p>\n

There is of course an intensely self-serving dynamic to extending state control: those being paid to enforce this state control have an immense vested interest in the state retaining (or even extending) this control, as their livelihoods now depend on the state doing so.<\/p>\n

The higher-ups in the state also have a vested interest in retaining these new controls, as more control means more wealth and power accrue to those at the top of the centralized power pyramid: this extension of state control means private enterprise must now lobby the state for favors, and it gives the higher-ups more perquisites and favors to dispense\u2014for a price, of course.<\/p>\n

This vested interest arises throughout the power pyramid, from the bottom functionary with newfound power over common citizens to the managers of the departmental bureaucracy tasked with enforcing the new control to the apex of state authority.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Upon The Next Crisis, The Rules Will Suddenly Change For the benefit of the elites; not the rest of us We can add a third certainty to the two standard ones (death and taxes): The rules will suddenly change when a financial crisis strikes. Why is this a certainty? The answer is complex, as it […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[4863,124,11055,127,181,2384,312,335,10449,927,2550,2218,783,868],"class_list":["post-26250","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-aristocracy","tag-central-banks","tag-central-state","tag-charles-hugh-smith","tag-crisis","tag-elite","tag-financial-crisis","tag-free-markets","tag-intervention","tag-manipulation","tag-nanny-state","tag-peak-prosperity","tag-taxes","tag-wealth"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26250"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26250\/revisions"}],"predecessor-version":[{"id":26251,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26250\/revisions\/26251"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}