3/1/10

Sin Amplified in Global Financial Networks

I thought I would write something about the new non-locality of financial sin. Since the increase of telecommunications globally and of planetary financial networking, traditional local financial sins have found new realms to romp through for plundering the people. Since the wicked may most desire wealth without social regard, a false interpretation of Adam Smith's quarter millenia old economic philosophy is used as a gospel for plundering the people and is presented as one false alternative-the only authorized alternative-- to the evil of communist totalitarianism. In such a political environment without much reason sin flourishes.

http://en.wikipedia.org/wiki/Diner's_dilemma

The Diner's dilemma and The Prisoner's dilemma are gaming strategies for exploiting best in a social environment. Each strategy applies to the evolutionary pressures to plunder the global financial and global production and eco-resource environments too. Sinners must out-profit other sinners without regard before the potential pot for plundering is depleted. I will not provide too much detail on the topic, being an unemployed house repainter myself--yet giving this topic some consideration before I move on to other issues by force of circumstance is worthwhile.

Sin has been with humanity since its emergence in the mists of time. It became formalized as deleterious human activity in the Bible. Humanity could recognize the patterns of conduct--actual ethical practices of evil, that lead to social anomie, injustice and strife. For most of human history sin was a local phenomena and was thus contained.

That is no longer the case. Sin has been liberated and spans the globe through telecommunications and transport. A disease forming from chimps with retroviruses up a vaguely named river in the challenged jungles of the Congo may be spread to Washington D.C. within days. Networks of financial crime may be established through originally well meaning establishments of business transaction to permit global culling of innocent investors. Sin has entered a new age where it is not contained by the plain geographic isolation and independence of business practices.

A kind of four-dimensional global financial chess game is played with the nations and corporations being the independently moving pieces seeking to win all capital for themselves. They are reluctantly moved by politicians and popular revolutionary pressures, yet the world people and environment are the losers for allowing the game to proceed--what is needed is restricted capital concentration by individuals and corporations such that competition and intelligence are required to win in a non-lethal business environmemmnt with just rules.

With new liberated opportunity for financial sin--with the transformation through Wall Street and other global investment venues of materially productive factories into units of billion and trillion dollar gambling and Rube Goldberg schemes of deception and perfidy limited only by the financial cunning and skills of economic innovators the world's firewalls of geographical security have been breached. The recent economic slump in much of the world's economic regions is a result of the rash, driving, plundering of all associated with the political-financial networks who have an implicit vulnerability to victimization by the financial manipulation and transaction classes.

Global networking and freeing up of mortgages and assets, real property and capital such that it is a liquid sea of cold mercury presents innumerable temptations and opportunities for financial sin. Traditionally only the good side of networking and mass marketing is advertised, yet the dark side of the financial network force is equally powerful and may bring the United States to financial ruin. Networking in sundry forms reduces the privacy and independent nature of business. Large corporations with tens of thousands of employees reduce competition. The global stock ownership class creates a de facto elitist corporate hegemony over democratic politics. Democracy and the environment are endangered. It is the amplification of sin from the local to the networked global level that has perhaps transformed the global business elite into being partners inn financial sin with the demonic spiritual realm that formerly was generally limited to imperial rulers, military generals and a rare few others.

In a 19th century kind of western civilization those business people that were financially unethical were restricted in there opportunities to plunder the people. Today global traders, investors and schemers must compete with each other to skim as much capital as possible from that liquid, mercurial abstract commodity below the surface of the everyday world. The financial war is perhaps more extreme than the military technology race I would think, as the fruits the management-owner class pursue are ownership of everything on Earth.

Many of us have experienced our own personal crystalnachts of small scale and diluted form when a corporation has decided its time to cash in and confiscate our personal profits and intellectual capital investments--these are trifling troubles in comparison to the vast evil empire of sin assaulting the global local property interests like a host of Genghis Khan's elites with M.B.A.'s from Harvard.

Human beings have off-line blood supply. If all human beings shared one blood circulatory system, one virus or illness might kill everyone. The world business and financial networks in many respects have that same vulnerability. It may be offended from innumerable unforeseen causes.

If corporations were limited to three thousand employees and if individuals could own stock of just three corporations it would help to place firewalls in the world economic and business order. There should also be firewalls in innumerable financial institutions.

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