Creative Destruction of Evolutionary Capitalism Destroys the Ecosphere Too

Joseph Schumpeter is credited with coining the term 'creative destruction of capitalism' in reference to the change of economic infrastructure from industrialism to post-industrial tool-kit. That creative destruction has the side effect of destroying the planet's ecosphere as a bi-product or externality. Plainly stuffy capitalism as ecospheric vishnu defenders need to destroy their own ideas about what capitalism is and adapt to a post-trash-the-ecosphere new way of capitalism. 

http://en.wikipedia.org/wiki/Creative_destruction

Environmental economics that are adaptable to present national and global challenges require intelligent design of political parameters responsive to meeting the challenges to the synthesis of social economy and ecosphere. Capitalism in its present evolutionary form is demonstrably inadequately responsive to challenges of habitat loss, mass species extinction, global warming, oceanic pollution and dislocation of economic and physical security of the citizens of the U.S.A. and world. In theory capitalism with intelligent design parameters established politically would better work to satisfy political and consumer needs.

Mass media sycophants of concentrated wealth and power get news feed from government and corporate releases largely. Reiteration of ethics values of concentrated wealth form the bulk of the political socialization of the masses encountering the mass media, hence those values of evolutionary capitalism instead of capitalism under the direction of intelligent design gather together like a pelaton in a distance bike race riding through ecospheric and economic eschaton waiting to crash down upon them like a spring-loaded hyper-Maxwell’s hammer.

Plainly one wonders if the Federal Reserve can print up money to buy U.S. bonds and issue zero interest loans to large banks as a permanent feature of the U.S. economy without causing hyper-inflation and devaluation of the value of the dollar. Another potential problem is the large number of dollars held abroad in relation to the quantity held by Americans-will Americans be able to afford to live in their own nation if they aren’t part of the 1% in the future? One also wonders if the Denver Broncos will win the Super Bowl, if Lebron James will go to the Cavaliers, Lakers or Nicks and where Carmello Anthony will be this fall-a dual gunner with the Lakers’ Kobe Bryant?

Present Obama has had seven major policy achievements in his 6 years;

1-Obamacare

2-Queering the federal government

3-Making Bush tax cuts for the rich permanent

4-Getting a Sunni Caliphate started in the Middle East

5-Forming bad diplomatic relations with Russia and Germany

6-Running the money printing presses copiously without causing hyper-inflation
7-Building more public debt in one term than G.W. Bush in two

It is the last policy that is remarkable and a cause for wonder. It seems as if a new age of economics has arrived long after Nixon took the U.S.A. off the gold standard; the Federal Reserve can just issue more money to buy U.S. bonds and fund the cost of government and make zero interest loans to large banks- free money effectively so the rich can buy up global business opportunity. There must be some unintended consequences for that-I just can’t say what it is.

In Afghanistan however the probable fraud that bilked the Adullah Adullah Presidential run seems set to marginalize the Shi’a-Tajik candidate and ensconce the Sunni who can perhaps work better with the Taliban after the U.S.A. accelerates withdrawal of most remaining forces. President Obama doesn’t evidently have much concern about the re incipient necessity for a partition to spare the Northern Alliance oriented partisans the embarrassments of protracted Sunni oppression post-N.A.T.O. occupation. Realistically the U.S. Government should consider plan B to partition Afghanistan and reinforce the Northern Alliance if we are returning to a pre-2001 configuration eventually. Maybe Iran can be of help in reinforcing the Northern Alliance if they aren’t too busy reinforcing the Iraqi Shi’a under siege from the Sunni Caliphate in Northern Iraq and part of Syria. 

The role of the U.S.A. in developing a broad Sunni terrorist infrastructure in the Middle East is sadly evident though perhaps more a result of ineptness rather than intention. I hope they do not transform behind the wave ineptitude into further destabilization of the Middle East politically-that can bring economic and ecospheric harm as well.