I disagree, our traditional economy was based on genocide and slavery.
Trying to go with only genocide after the 1860s lead to long recessions, panics, and fifty years of unstable economy, as no one had any idea how to run it. The new business was The Spanish American War, which regretfully ended.
Those who promoted industry, finance, mass employment, were called Robber Barons, and Anti Trust looted them just as Congress had looted the south fifty years before, they have wealth, they are evil.
Europe had depended on a form of ritual mutual genocide, called war, and when Americans got involved they did not understand, and rapidly brought WWI to an end, before it had reduced surplus population.
No one invaded, bombed, occupied Germany, their industry was intact, but the Great Depression came from lack of markets, excess production and it took another war to even start the rebuilding process,
Of the dead, only one in ten was in uniform.
50 million was maybe a third of the population, which did wonders for the post war economy.
America has tried to be the world arms supplier, has sponsored wars in Korea, Viet Nam, then stumbled into Panama, Granada, and never could get a wider war going. Russia was our fake war, which kept the war machine building for events that never happened, nor could happen.
The main problem with the world economy is survivors, who produced the war babies, and funded the real estate bubble. It happened everywhere.
I was a bit older, in Third Grade we had three class rooms, a year later it was ten, and in a few more, twenty. We were barly surving the baby bust of the depression and WWII, then the economy was ruined by people who did not understand, we kill people so there are less of them.
America alone produced 45 million war babies. The world population that had been reduced to a workable five billion, has become eight in less than a generation. The war babies wanted bigger houses, cars, SUVs, coke, and to pay for it, birth control and abortion reduced the next generation by 40-100 million. Now this baby bust generation, and the even worse current baby bust, gets to support us for the next twenty to thirty years.
The WWII generation spawned seven workers to pay for their retirement, the war babies three, and the next generation cannot afford children, or the rent.
The natural order of things, die at sixty and get out of the way, has been extended twenty-five years. When Social Security started, it was very little, and most were expected to die before 65. Even if you lived you were expected to pay for your medical care out of your $17 a month.
This leaves three people working fast food, walmart, to pay for the next 25 years of one retired person, who's medical cost alone are expected to be more than the total income of the three.
In Japan, where people live to be 90, a third of the population is retiring. They each have two workers to support them. Since the workers cannot afford children, the population will drop by a third in 30 years. Same in America, but the plan is bring in more illegal immigrants, to keep wages down.
This is worldwide, and most of the world, India, South America, Africa, did not have a WWII population reduction. 75 million in Nigeria, half under fifteen, in fifty years, more than the US, and two thirds under fifteen. They also did not have the war industry where Nitrogen for bombs can be used to grow food.
So Party Hearty! For these are the good old days!
13 Feb 2012, 1:13 am
