Why our broken system has lasted for so long

Some of you, probably many of you will be thinking that a system that works ‘successfully’ for over 50 years, cannot really have all that much wrong. But that will probably be because you haven’t yet been knowingly touched by the fallout from the collapse of a system built only on greed, as you can and will be.

The foundation of this entire system, has been making money and how to improve or develop the ways to make more and more money, along with ways of increasing the profit margins from what everything within the system already does.

Rather ironically, it has been the same time and distance from the hardship caused by wars and nationwide events that allowed the ‘elites’ to manipulate us all into believing this created world was real, that wooed them into their own false sense of security. One that encouraged them and the people desperate to be and become like them, to overlook the basic rules of contingency planning, of making reasonable provision against risk and of not doing things to make even more money – not because they should, but because they can.

The whole global economy or global economic system has been built on luck and not judgement. The luck being that until 2020, there had been no nationwide or world events that had been big enough to blow the whole house of cards down. That is, before some other clever device or fudge could be invented that could arrest the timeline decline of the system, or keep it going long enough so that the incumbent elites could wash their hands of it, pass it on to the next generation of greedy bastards and proclaim ‘keeping the lie going is now your problem, not mine’.

The cultural shift from having values to nothing but the worship of money was built on our own weaknesses and vulnerabilities, exploited by those at the top

The dreams of big money and corporate interests had all come true, the very moment that this age of Neoliberalism was born.

Not only because the elites had untapped the rivers of gold that only ‘those in the know’ had access to, because they or their friends could literally print money out of thin air to invest in whatever they wanted with ‘real’ money from customers coming back at them in return.

Not only because the elites could use the useful idiots they had found in the form of stupid, ambitious and above all corruptible politicians who would change rules and regulations to favour their interests at every turn.

Not only because they could move just about every form of production and manufacturing that existed to Countries far away, where the rules that more westernised nations had fought for and took for granted could be ignored and ridiculous increases in bottom line margins would result.

But because above all, this group of politicians, business leaders and people with a lot of money now knew that they had the power to tell people who were losing their jobs, losing their incomes, losing their communities, losing their value and losing their integrity, that the whole thing was in their best interests, and that they would be much better off financially and materially as a result.

The whole thing has been the worlds biggest confidence trick. But it worked and it has continued to work for as long as it has done, simply because so many of us have been blinded by the ‘easy money’, the great cars, the fashionable clothes, the foreign holidays, and the blinding light of money becoming the ruler of everything.

This is where self-interest and the lack of questioning from us all has now led. And its all about to collapse.

When, Where & How did all the economic problems we have today really begin?

Okay, so we have to wind back the clock. Not just a little. But a very long way, before we can begin to start a whistle-stop tour of the key events and motivators that have contributed to or rather their impact on everything else have accumulated to create the situation that we are facing now.

Firstly, its important to understand that this is a story about human nature before anything else.

It’s a story about what happens when people obtain power, influence, wealth or a mixture of them all, and either don’t have the moral fibre, ethics or principles to always do the right thing for everyone at the start, or they end up that way because they have been corrupted by what they have experienced or gained along their life path.

Oddly enough, morality and values seem to become increasingly absent across society, the further from general hardship or real hardship that effects everybody within it becomes.

Without the experience of hardship, or ‘making do’, even the poorest members of society can quickly become mesmerised and emotionally tied to an obsession for what they could have, rather than really appreciating all that they have already got.

More wants more. And in 1971, with promises of benefits that could only be unleashed by so-called ‘market freedoms’, deregulation of financial systems and services, and the proposition that an economy unhindered by government will always look out for us all, Neoliberalism was unleashed upon the western world when US President Richard Nixon did away with The Gold Standard, and a world based on FIAT or rather created money was born.

Commercialism had been picking up great speed before 1971, particularly in the United States. The emotional fix of material possessions and the social benchmarking that became definable by ‘showy wealth’ for the masses played perfectly into the hands of those economists with an agenda. False prophets who were able to whisper their intoxicating poison into the ears of politicians and influencers who didn’t have the scruples to know or even suspect any better.

So, with the launch of the FIAT system – that the western world has all but since adopted – a cultural shift from values to ‘money is god’, through a process based on the success of media manipulation and brainwashing was well and truly unleashed.

How did we get here?

To put it as simply as possible. The reason that we are here today, is because we have accepted and enabled the wrong people to be in control, and those people have been in control for too long.

Greed, envy and the desire for wealth has built, propagated and redesigned existing parts of the system so that the values that we once had and should always have had, have been replaced by a view of the world which makes us always ask the same question: ‘What is it worth?’

Real life, a life based on values, care for each other, care for our environment and care or respect for all the things that we don’t understand, has been completely replaced by money and material wealth as a benchmark.

We have literally forgotten what we are all about.

The Lie About Balance & Fairness

We are told that the system we have is the fairest that we could have. That by having so much emphasis on ‘the markets’ and the role that money plays in everything, we can keep having more and more of the best things that we have ever had.

But the system isn’t fair, because it is driven and motivated by greed. But that greed is not just at the top. Those at the top have been able to do all that they have done to benefit themselves, because  they have used the system that greed has created to convince all of us that we can keep accumulating little pieces of all the things that they have.

The irony is that even within a system built on and servicing greed, there is a point of balance, which once exceeded, may appear to keep working. But it is in fact on its way – through increasing and accelerating disfunction – to ending in a massive and potentially epoch defining crash.