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Economic rationalism is the prevailing philosophy of most global corporations and governments that commercial activity and decisions while they affect societies are bound by the laws of economic self interest; therefore rational (accounting) values and not moral values must take precedence.
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In a list of the greatest acts of evil, the last thing any person would probably think to include is a key concept of modern economics such as economic rationalism. However, it is not the concept of economic rationalism but what it represents and how it is applied that makes it a supremely evil act. |
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The permanent and growing wealth of the merchant classes |
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Consider the past two hundred years since the creation of modern banking using vast amounts of gold that magically appeared around the turn of the 19th Century. Ever since, certain leading merchants and industrialists have forged empires of wealth that rival many nations. |
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One of the greatest fears of the merchant classes that hold the greatest wealth, own the largest stakes in global corporations and seek to maintain their power is the risk of their wealth being seized unilaterally as it has been in ages past by kings, dictators and church. |
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However, thanks to the advent of modern economics and its pervasive influence in virtually every major decision made in governments and corporations, concepts such as nationalization, of forced redistribution are considered "evil", while job off shoring, price gouging, and asset stripping are all protected as perfectly "rational" economic activities. |
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The true evil of economic rationalism |
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Vast amounts of value, of jobs and long term sustainability of communities have been destroyed across the world in the name of economic rationalism. |
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It is economic rational to build "super stores" in small and medium towns to destroy local commerce, drive down prices and create greater levels of consumer debt. |
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It is economic rational to sell international brands in high spending consumer markets at outrageous mark-ups, while paying children in third world countries a few cents and item to make them under slave conditions; |
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It is economic rational to make naturally grown pain killer crops illegal in major regions such as Africa, the forcing governments to purchase vast quantities of out of date synthetic pain killers from US and European pharmaceutical companies that remain ineffective and too expensive for 90% of the population. |
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In all cases, economists argue that these are just extreme cases and that the "free market" has produced phenomenal amounts of wealth and raised the standard of living of countless hundreds of millions. |
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But is this even true? Does living in a non-de script cul de sac two hours from work with neighbours you don't even know quality of life? |
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Is a large screen TV, the latest gadgets and internet porn really improving the minds of your children or the closeness of your family? |
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Are we really happy with everything we buy and still find ways to purchase more? or dow e convince ourselves we are happy, to make sense of a system that seems to lose a little more morality every day? |
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In the absence of morality in decisions concerning the lives of human beings and its acceptance, it is only "rational" then to conceive of a time in great disasters that governments claim it to be "economically rational" to give up on great numbers of people and let them rot. |
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When these times approach, the true nature and evil of economic rationalism will reveal itself to be one of the great evil acts of history. |
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