THE RECORD
May 09, 2001

Fiat Lux

by Ed Deak

Well, this is the fiftieth of these series and nobody has come over from the Island to shoot me yet. The closest I ever came to Gold River, or Tahsis, was in 1967 on a car rally around Courtenay, yet I am dedicating this column to the people of Tahsis. Their story and suffering is typical of what is happening all around the world in the name of competitive globalization. A fancy name to steal people's lives and properties. People should understand once and for all that when politicians praise economic competition as wealth creation they are either fools, or crooks. Wealth can not be created, only taken either from other people, or the ecology. Only God can create. We can only convert the created resources.

The free trade hysteria keeps on promising wealth and prosperity, yet all it can deliver is misery. The final stages of total sellout are now coming on line now with the proposed FTAA and GATS treaties eagerly endorsed by Canada and most provinces. If the polls are correct, the majority of Canadians still believe that NAFTA and this free trade fraud are good for the country.

What we have in the case of Tahsis is the traditional mess caused by the fraudulent concept of economic efficiency. I wrote about it several times over the past two years that what is being taught at our universities is nothing but a con game to defraud. People should start understanding the simple fact that costs can not be cut, only transferred on to other sectors. Economic competition is increasing costs and transfers them on to others.

Economics are a childishly simple subject, made into a nightmare of imaginary figures by our economic theorists and the controllers of the monetary system. It is claimed in all the textbooks that economics are: "The management and distribution of resources." We can compare this to a family sitting around a table with Mom distributing dinner. In most homes this is a rather simple matter, unless Mom decides that the most efficient way of distribution is by forcing the family to fight for it, with most of it ending up in the garbage while some go hungry. Then, Mom would declare the person who gobbles and throws most of the food around as a good example for the rest of the family. Ask the economics professors at UVic and they'll tell you that this is the economically most efficient way of resource distribution.

The scientific concept of efficiency is also very simple: "The most work done with the least resource and energy inputs." This law is sector neutral and applies equally to every human being, rich, or poor, every animal, or vegetation. Which means that real economic efficiency is:" The needs of the largest number of sectors filled with the least amount of resource and energy inputs." This simple rule has been distorted and forced on humanity through the ages to make people believe that certain self appointed sectors have more rights than do others. In the past this was done through armed conquest to subjugate, impoverish and colonize. Now colonization is done through the imaginary power of non-existent money, called capital. This is taught in our universities as a science.

Living standards, incomes and democratic rights have been steadily rising, by about 80 percent all over the world for about 25 years after WW2. It was because we had no phony free trade and the free movement of capital. Things started going downhill for the human race about 25 years ago with the advent of the so called "neo-classical theory" pushed by the Chicago School of Economics. Big business started buying politicians, governments, professors, and universities and the power of governments was transferred from humans to the artificial entities of corporate shares. The media fell into the hands of a few propagandists and the biggest fraud in the history began for the expropriation of the jobs, homes and lives, while calling it democracy and wealth creation.

When a company fires workers it's shares jump in the markets. When they hire, they go down. This is because all economic activities rely on the conversion of resources and when there are fewer real mouths to feed from the benefits of this conversion, more can be diverted to feed company shares. The more inefficient the distribution and the less people benefit from the resources , the better the presently accepted phony concept of "economic efficiency." This brings on the double standards: In olden days when a hero killed lots of people of another religion it was an act that pleased the gods.. Today if an employee takes home company property it is a crime, but if an employer expropriates the employee's property for his own purposes, it is called efficiency. He can get tax credits from the governments , the banks will create the capital to be used as weapon against the employees, the company's shares will increase and he'll be feted as the "entrepreneur of the year."

What is not being taught, or talked about is that a worker's job doesn't cost the economy anything, because he or she already exists and it is economically most efficient to make the best use of his or her talents and capabilities. The stress and uncertainties caused by this insane, so called neo-liberal economic theory is ruining the health and lives of millions and the environment for no logical, legal, moral, or economic reason.

There's no point in the people of Tahsis and of other communities being ruined by these armchair theories to demonstrate against governments, or even the corporations. They should go to the universities and ask one simple question of the harebrained professors: "Please give us the sector neutral definition of economic efficiency as you are teaching it!"

They can't do it, because such definition does not exist. Which means that what they are teaching is not economics, but criminal conspiracy to defraud, while calling it "wealth creating competition."

Copyright (c) 2001, West's International