I am not talking about the abominable plans in Mississippi to turn a fertilized egg into a person legally. I have no intention to grace this irrationality with a post. I am talking about “The Economy” and “The Markets”. Both are nomina depicting a number of activities but are treated like they were personalities.
The Economy, that’s what we do. That’s the system or range of economic activity in a country, region, or community. We do it by producing goods, by providing services, by consuming. You name it. It is not a person, it is the totality of economic interaction done by all of us. As this is done by all of us, we have as a society or community the right and the duty to set the rules how this interaction should be, in order to be most profitable for all of us.
The Economy is not a person which is empowered to set the rules unless we make it that way, or rather let it happen. We do that currently.
The Markets are defined ranging from a) A public gathering to sell and buy merchandise, to b) A specific geographical area where certain merchandise or good are being sold to or bought from, to most globally c) The entire enterprise of buying and selling commodities and securities. If this were a person I’d recommend psychiatric evaluation for dissociative disorder.
The Markets are an integral part of the greater entity The Economy. The Economy is what WE do, The Markets is what WE do inside The Economy. WE decide how we want to do it. It is time we took our lives and our society back into our own hands and start to send representatives into our parliaments who do OUR bidding not the bidding of their shill friends Economy and Markets.
For behind the shill we find the real friends who perfectly understand how to use the concept of The Economy and The Markets as godlike ruling force against us. We all know who they are on your side of the Atlantic and on ours.
This is our open thread. A public gathering to offer and accept your comments and a lively discussion. Get going.