The Doctrine of Inevitability

[Carl Remick]

Re MBS's: "Well there seems to be great confidence on the part of
some here of the inevitability of a big collapse.  It's
not vulgar if you can make a good case for it.  I've
been saying I see the threads of an argument, but no
rope thick enough to hang onto."

As you know, I've been pretty confident about my pessimism, so to speak.
My conclusion ultimately rests on a simple notion:  that Western
society, under the "leadership" of Thatcher/Reagan, has been remarkably
successful in recreating the zeitgeist of 19th century capitalism.  The
world economic system today is classic capitalism, driven purely by
greed and fear with no moderating influence of corporate "social
responsibility" or government "safety nets."  Now that greed has been
stripped out of the equation, there is nothing left to drive events but
fear.   Call me deterministic; call that evidence slight -- but I think
this points to major upheavals ahead.

Carl Remick