Thursday, February 28, 2008

28th September 2007


An existential crisis



The present financial crisis has only just started and promises to be profound and far reaching. It’s resolution can be one that favours the few who habitually monopolise political and economic power or one that favours the many who habitually strive to create some kind of life for themselves. In short, it’s resolution can be oligarchical or democratic.

In the normal course of events, if one can use that expression to describe a situation so extraordinary, I believe the latter to be the expected outcome. There is a universal trend towards democracy and its necessary companion, sovereignty; peoples and nations are reasserting themselves in the face of the arrogance of imperial domination. South America is only the most spectacular manifestation of this trend, the human face of globalisation which is turning back the tide of misery and exploitation and the humiliation of nations and peoples. The hinterlands in which the exploiters can move to take easy pickings are being blocked off; in the heartlands the dark recesses from which elite power works its malign influence are being exposed to the light of day.

I say in the normal course of events, but things will not be left to take their normal course: the elite will use all the levers of power and influence to twist the course of events, frustrating and dissipating popular aspirations and sowing discord and division. The solution to this crisis, which is also an opportunity to create a more just and egalitarian society, in the first instance through the transformation of a financial system so blatantly skewered towards minority privilege, should be simple. But those who have held power so long will not willingly let it slip from their hands; they will unleash the riders of the apocalypse.

The first of these is war. At a conference of false-flag terrorists in London, organised by the Margaret Thatcher Atlantic Bridge, the remains of the Atlantic Alliance called for war on Iran, a war which would in all probability become a global war between East and West.

The second is hunger. Fidel Castro was prescient to warn of the effects of bio fuel substitution on food supplies and is also the only world leader to note the disappearance of pollinators so essential to our food supply. Scarcity, artificially created, is the friend of the elite; a guarantee of their safety while those on the bestial floor, to use Yeat’s expression, fight for what’s left.

The third of these is the economic crisis itself, above all inflation, wiping out income and savings, bringing trauma to millions.

The fourth is political chaos and dissolution, the breakdown of society and law and order. Traditionally a fear of the privileged, in a world turned on its head, it is in our interest that the rule of law should prevail against an oligarchy which is a law unto itself.


This is a grim picture but I stress that the natural course of events favours humanity to finally reach peace and security after its long and bloody trek through history; but we must be more than ever alert to skulduggery, to conspiracy which is the quintessential modus operandi of oligarchy. Never have light and darkness been so commingled in our constellation and our world so poised to turn to one or the other.

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