Hyperinflation or Default

The sense of intellectual distaste felt on reading, for instance, the Observer leader, is compounded on reading the Sunday Times main story. The Observer paints the state as defender of the voter, and market capitalism as an opaque, piratical system ravaging the lives and hope of the people. The Sunday Times portrays Brown's invitation to speak at the eurozone meeting as a European recognition of his cunning plan to save the world as corporatist governance would have us know it.

There has been eleven years of warping market capitalism and its efficient allocation of resources by a deformed understanding of the purposes of government. This has been expressed through constant fiscal and political interference in the interests of redistribution, of building a client state, and by institutional finagling to entrench a formerly elected government as the state itself.

People can run their lives most competently for themselves. Unfortunately some need to satisfy their psyches in telling others what to do. The fact that this driving force provides an otherwise unavailable lifestyle encourages them in their aggression. They have got themselves into power by an internal putsch and unless we can force a general election in the very near future we will all have to live through decades, yes decades, of unpleasantness to regain our choices. And we should learn at least one lesson from the past: this mindset corrupts as generations advance through its systemic abuse, and parents have the pain of watching their children inculcated into its actions and motivated by its beliefs.

Already we see serious journalism presenting for universal adulation the desperate efforts of our government standing in the ruins of their policies (and of millions of their electors' lives). Brown is not being permitted to speak at a eurozone meeting (usually the UK may attend as observers, as a courtesy, but not always)as a saviour. His 'invitation' should be understood as a requirement to attend and explain what he intends to do about his exposure of a member-state of the European Union, the United Kingdom, to hyperinflation or default.