Tuesday, December 14, 2010
Sometimes You Have to Say, "Fuck the Economy"
It appears to me that on a regular basis regular folks hear proposals and arguments destined to advance the economic interests of the super rich under the guise that this would be good for the economy.
However, if you are aware that your economic interests are not aligned with the proposed course of action, you are perfectly within your rights and you should say, "Fuck the Economy."
Once said, you have moved the discussion out of an abstract, second order debate concerning dubious social theory and the selective use of data sets into what economic debate is really about, the zero-sum struggle to capture a greater share of the available material wealth.
Keep in mind that there is no such thing as THE economy. In fact, what is referred to when we use the term is nothing more, nothing less than the reification of an imagined order the advances or impedes one's economic interests.
In other words, there is no singular, objective economy. Instead, there are data sets that point to the existence of multiple economies, ready to constructed or deconstructed according to the desires of those engaged in the flight of the imagination.
So, don't be fooled by the numbers. For example, some would say on the basis of a highly abstract set of calculations that does not differentiate between the costs of socially positive and socially negative monetary transactions (breaking or repairing a window) that the recession is over as demonstrated by the renewed growth in the gross domestic product (GDP).
Yet, those who are part of the twenty some million in the US who can't find full-time employment might not agree, especially if they find themselves living in a community where there are a large number of people in similar circumstances.
Local reality is often at odds with the official picture emerging from the fraudulent use of economic statistics.
For instance, when calculating the official unemployment rate those who exhaust their unemployment benefits but are unable to find a job simply disappear from the jobless numbers, which means that by using such an obviously flawed statistical measurement, governments knowingly mislead the population by propagating economic propaganda.
Ah yes, but this is a jobless recovery, usually said by a person whose economic interests are aligned with those whose fortunes are no longer adversely affected by the noticeable downturn in economic activity.
In a similar vein, we are told that if were to implement measures to prevent climate change that this would harm the economy. Again, I think the appropriate response is to say, "Well then, Fuck the economy", because living in that reality represents a death wish, which from the proponents of THE Economy Uber Alles isn't such a bad thing since they fervently believe that upon death they will be rewarded with a material upgrade to their present lot in life.
Christmas is coming. Extended families will gather and chances are you'll hear someone talk about THE economy. Give it a try. See if you can get a rise out of old Uncle Ernie, the cheap bastard.
So to everyone who made it this far, I wish you a merry Christmas and a happy New Year, and lest I forget, Fuck the economy.