Wednesday, September 5, 2012

"Blue Sky" libertarian think tanks are today's "Boiler Rooms" of deceit

Libertarianism = Blue Skyism
Who says God doesn't have a sense of humour ? How else to explain that in Standard & Poor's dictionary of financial terms, "boiler room" follows immediately upon "blue sky" stock laws?

As grandmother recalled to you when you started to invest a little for your retirement, a "boiler room" is where the conmen operated that sold your grandfather a pile of worthless blue sky (stocks) in return for all the retirement money he had socked away earning a low but safe return in a bank.

If the rate of return on a stock seems too good to be true it probably isn't true --- but instead is just blue sky optimism or fraud.

Washington's (and London,Canberra,Ottawa et al) libertarian think tanks are not frauds - they sincerely believe that their political ideology and economics are firmly based upon the physical reality of the Science they were taught in High School.

And it is.

Unfortunately High School science is not itself based on physical reality, not at least as professional scientists of today understand it to be.

Rather High School science is still - still  - based upon physical reality as understood by the professional scientists of  200 years ago !

By no coincidence, the state-of-the-art science of 200 years ago was far more optimistic and upbeat (seeing nothing but blue skies from now on, skies so blue I gotta wear shades) than the state-of-the-art-science of 150 years ago and later.

Given the choice : either an older science that flattered their self-centered worldview or a newer science that humbled humanity into merely one among many commensalist beings on a resource-limited Earth, guess which one the selfish of the world choose to have taught ?

Clashing thermodynamics

Libertarianism and the First Law of Thermodynamics were spawned on the same rock : just as us post-Scientism commensalists equally favour the Second Law of Thermodynamics.

A Mexican Stand-Off ?

Not exactly ; because the far bigger, unlimited - fundamental - law of the two is the Second Law.

The First Law is but a smaller, derived law : think of it as a special case of relativity versus the general Law of relativity.

Physical reality looks like , acts like, the commensalists' Second Law.

But traditional political parties and traditional economics, both grounded in the science of 1812 are not : this is why our world is in such a mess.

Extremely rhetorically self-flattering , traditional parties and economics win every voting contest among fallible humanity ---- but loses every clash with cold ,hard ,firm physical reality.

Until our politics, economics and High School science (above all else) aligns with the Universe's actual physical reality, this planet and this human civilization is going to continue to flatline....

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