Driving forces: Cowboy economics
The dominating economic system the last generations can be characterised as "Cowboy Economics": When you have depleted and devastated the current place, you simply break up and go west, for the next place to deplete. Other terminologies are 'extraction economy', predator or casino capitalism, 'economics of greed', 'disaster economics' or unsustainable economics.

The main message is that there are no limits to growth, and the only issue that matters is to make profits. Development is defined as increased growth without limits, increased consumption, increased waste production and conversion of natural resources to financial. Increasing the human ecological footprint is regarded as necessary and valuable It is the opposite of 'spaceship economy'.

"Several once-in-an-Earthtime conditions permitted the boom that followed that early 20th century bust. Among them were:

  • a war-driven, full-employment economy based on the production and deployment of conventional (that is, non-nuclear, non-biological) weaponry
  • cheap, abundant fossil fuels and natural resources
  • free, reliable ecosystems services
  • relatively predictable, mostly good weather
  • widespread faith in "endless capital" and big government

None of these can save us now. Perpetual warfare bankrupts rather than bank-rolls nations and threatens unprecedented amounts of death and destruction. Earth's cornucopia of resources and fossil fuels will not be refilled. Ecosystem services like carbon sequestration, soil maintenance, flood control and water purification have been seriously taxed by global economic activity over the past half century. The climate has already become noticeably unstable" (Laconte, E. Excerpts from Life Rules)

  1. The Chicago School of neoliberal or neoconservative economics
    The Chicago School of economics, founded by the Nobel Prize economist Milton Friedman, claims that it is not possible to do good with somebody else's money.
    As a consequence, welfare states are not possible, and should be abolished as 'communism'.

    Everything should be privatised; education, social welfare, health services, garbage and toxic waste collection, security, aid, reconstruction etc. The only thing a state should do is defend itself by paying for a military and security organisation, also privatised as much as possible.

    A consequence is a massive transfer of power from elected representation in parliaments and governments to private sector, to closed board rooms and shareowners.

    The typical development in e.g. the USA is the development of private security and private armies taking over from the ordinary national police and armies.
    Military services can be bought as any other consultancy.
    Read e.g. about 'Blackwater' alias 'Xe services':

    Civilians are targets in all modern wars. Bullet ridden house in Kosovo. Photo: Åke Bjørke

  1. The Chicago school of economics, in a nutshell, has three main commandments to the world:
    1.privatisation; dismantle 'big government'
    2.government deregulation and free access for multinational companies (globalisation)
    3.deep cuts in social spending
  1. Other principles are:
    • union busting. Trade unions disturb the free market and should be abolished. (ref. Reaganomics /Thatcherism)
    • 10 Things Conservatives Don't Want You to Know About Reagan
    • the individual should only consider his own interests, focus on his own selfish goals and not worry about the welfare of others. The combined efforts of the individuals working only for their own interests, will add up to benefit all.
      Business ethics and Corporate Social Responsibility (CSR) policies disrupt the free market forces and should remain at the cosmetic level
    • the only obligation a business has is the bottom line
    • centralisation, increased volume and turnover for reduced prices and maximal profit, even though the margins decrease and risk increase
    • every person is in principle his or her own personal business
    • if it doesn't have a price-tag it has no value
    • privatise profits and externalise or socialise costs as far as possible: The bills for a damaged environment, social costs etc should as far as possible be paid by the public or the government (taxpayers). Downplay, ignore or hide these costs as much as possible.
    • inflate the financial sector of the economy and deflate the importance of the real economy, thereby facilitating financial speculation
    • unrestricted transfer of money and business anywhere in the world at all times. This ensures local discipline and makes it difficult to withdraw later. 'Tobin-taxes' are banned. Tobin tax
    • encourage the public and nations to increase private debt to enhance 'individual freedom'. Debt accumulation is positive in a system without limits - and ensures discipline in the labour market
    • 'inform' people that public infrastructure set up to make the country as a whole function well, should be sold cheaply (very cheaply) to private interests, so they can run it for profit. In this way e.g. public transport, public hospitals etc will be left with only the unprofitable entities serving small communities and the poor that the private interests are not interested to buy, even to give-away prices. The inevitable poorer services will be interpreted as evidence that public services are poor, and eventually get closed down.
    • tax 'optimisation', offshore trust funds and tax havens are holy
    • these are economic laws and just as inevitable as natural laws, like gravitation

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