Wednesday, September 24, 2008

Capitalism without failure is like religion without sin

aka Hundreds of Billions of Dollars

The Center for Strategic Anarchy, in cooperation with the CrimethInc. Free Marketeers posted an amazing description of the current economic crisis we find ourselves in.
I highly encourage everyone to read it!
As they say, "every situation, even the most predictable, presents unique opportunities. We present this analysis in the interest of deriving strategic advantages from our enemies' temporary imbalance."

This crisis is the bankers and the rich's fault. Make no mistake about it.
Now our government is going to bail them out! Just as if some benevolent big brother paid off all your credit card debt or student loans just to be nice.
The cost of this bailout is $1.7 trillion, or $12, 200 for every US Taxpayer.

The CrimethInc. report does have its shortcomings. I think some of their suggestions display the shortcomings of so much anarchist thought compared to socialism. We should make the most of this bad situation to stop it from hurting those it will hurt the most and to stop it from happening again (and again and again). It may not be enough to just encourage one another to engage in mutual aid (which we should be doing anyway).

We need a plan. We need to look to economic "systems" which do not perpetuate this violent cycle of crisis after crisis at the peoples' expense!

Afterall, the industry of disaster capitalism feeds upon waiting for its wealthy banking cousin to falter.

This is not our fault. Fuck paying for it!

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