Adam Smith and Karl Marx did not plan it that way !!!

It’s been almost three years since the crisis hit the market filling people with a sentiment of despair and disgust when it comes to our economy.

After all the “monkey brouhaha” we assisted (G7 meeting, USA new-deal plan, Regulation of the market etc) we still have our eyes to see that nothing so far as change:

The greedy are still leading and deciding for the masses.

For almost a year the media sentenced guilty many “personalities + system”: The traders, the bankers, the capitalism, the deregulation, the Fed, The BoE, Iceland, Milton Friedman, A. Smith, China, liberalism, the big boss …

What about Me?

Yes us,

not me…me,

but me us

I have heard almost every kind of theory on what may have cause the crisis, but I haven’t heard someone actually saying:  It’s my fault !

It’s seems to me that we, the people, are acting as we are not the essence of this system.

After three years we are still playing the blaming game.

O human nature why is my pride so high at the pyre of my rationality ?

What is my point ?

Two years ago, while watching Batman (the dark knight), I got touch by a sentence Michael Caine (Alfred) used to describe the Joker. He said:

Some people cannot be reasoned or buy, some people just like to watch the world burn.

That’s the kind of people the world need. People who just love what they do, no matter the reward nor the consequences, they just like to be an economist, architect, villain, hero or whatever passion they are thrive by.

You still don’t see my point…

Everything I know from economy, I know it from three men (Adam Smith, Karl Marx and Milton Friedman) and two books (The wealth of Nation, and Das Capital).

And from that little knowledge I can point out three major concept:

• The idea of Adam Smith, the market being regulate by the invisible hand, can’t be applied with human nature. Everyone in the top will try to be that invisible hand, to make the market suit his needs and demand: We are just too greedy.

• The idea of Marx, pure Marxism, no country, no regulation, is indeed the ideal, but many of us are  just too lazy and corruptible; we should try to be human with high moral value, before using pure Marxism: And that’s not going to happen tomorrow…

• The liberalism of Friedman, my “préférée”, is a good system but it’s too hard to be implemented unless you use strength as Naomi Klein showed (The chock Doctrine).

Many country moved from the emptiness of communism to the jungle of capitalism just to find out that, under the first system they had the lazy and the dictator and now they have the greedy and the dictator.

A. Smith and K. Marx didn’t plan it that way.

Now we are condemned to move from one crisis to the other, until we mature, until we learn to be as the joker: to not love the money nor the power, but what you do.

Education is the answer.

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