:: Tuesday, March 09, 2010

Home » Blogs » What has our Economic System become?

I’m an avid reader of history. I’ve read a lot of it from various cultures over various time periods. Chinese, Indian, Russian, Roman, Norse, and Greek. I’ve also read just about every single major piece of mythology that exists on Earth, and I have come to an interesting conclusion – No matter what the changes in the Environment are, no matter how much mankind has ‘achieved’, the human condition has not changed.

Vitruvian Man - Da Vinci

What I mean by this, is that the net sum of happiness and misery in the world has remained more or less the same. In spite of our economic success, our inventions, and our knowledge, man is still the same person, facing the same problems (albeit in different ways), and dealing with them in the same way. The only thing that really seems to have changed, is the relatively less amount of outright injustice, like slavery, or witch hunting.

But witch hunting has not ended. It happens every day, when we need a scapegoat. It’s toned down of course, but it’s not ended. Humans never change.

What then, I am forced to ask, has our economic success really provided us with? It has eased our lifestyle. But is that so important? I have become so soft and weak, that I wonder if it’s a boon, or a curse. Has it set me free? Not at all. The free market has removed the explicit forms of control, and has replaced it with insidious ones like subtle advertisements, and peer pressure.

In fact, our economic system has turned into a monster. In intelligent, living monster, with a life of it’s own, and it’s own interests. It was created to serve humans. It was created painstakingly, to make our life more secure. But like the fantasy novels, where the robots that man has created, become self aware, and rebel against mankind, the economic system has turned around and enslaved us.

What food does this monster eat? The food is our desire. The economic system is greased by the money that circulates due to purchases that people make. If people never bought anything, companies would go out of business, and the building blocks of the system would be destroyed.

If the beast stayed within it’s limits, and provided for mankind what mankind actually wants, then it is indeed a great boon. But the beast has it’s own life. It wants more and more, and so, ensures that we are bombarded with things we don’t need, convincing us that it is essential to our happiness. Such is it’s perversity, that it even makes spend what we do not have through credit cards.

To say that we are in control, is a fallacy. Each one of us is powerless in the face of the giant corporations that rule our lives. We’re like worker ants. We imagine that we’re serving ourselves, but all the time, we are doing exactly what we are required to do, dutifully, and even joyfully. The corporations themselves are slaves to the even bigger forces of the share market, and external forces like government regulations, taxes, and oil prices.

The more we think about it, the scarier it becomes. We are so insignificant in front of this beast, who nonetheless needs us, that it’s frightening. Is there a way out? Probably not. For that, all of mankind must mature, and evolve spiritually. But as mentioned in the beginning, man is the same, and always will be.

Related posts:

  1. Will Robots Destroy Our Economic System?
  2. Dominant Economic Views in Western Society, Part I
  3. The Dark Side of Economic Forces
  4. What Makes a Planet Happy?
  5. How Painful is Economic Reform?

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