The Crisis Is Not Financial But Evolutionary

Dr. Michael LaitmanIn the News (from Stratfor): “The global financial crisis of 2008 has slowly yielded to a global unemployment crisis. This unemployment crisis will, fairly quickly, give way to a political crisis. The crisis involves all three of the major pillars of the global system – Europe, China and the United States. The level of intensity differs, the political response differs and the relationship to the financial crisis differs. But there is a common element, which is that unemployment is increasingly replacing finance as the central problem of the financial system. …

“Consider the geography of unemployment. Only four countries in Europe are at or below 6 percent unemployment: the geographically contiguous countries of Germany, Austria, the Netherlands and Luxembourg. The immediate periphery has much higher unemployment: Denmark at 7.4 percent, the United Kingdom at 7.7 percent, France at 10.6 percent and Poland at 10.6 percent. In the far periphery, Italy is at 11.7 percent, Lithuania is at 13.3 percent, Ireland is at 14.7 percent, Portugal is at 17.6 percent, Spain is at 26.2 percent and Greece is at 27 percent. …

“A rule I use is that for each person unemployed, three others are affected, whether spouses, children or whomever. That means that when you hit 25 percent unemployment virtually everyone is affected. At 11 percent unemployment about 44 percent are affected.

“It is important to understand the consequences of this kind of unemployment. There is the long-term unemployment of the underclass. This wave of unemployment has hit middle and upper-middle class workers. … Poverty is hard enough to manage, but when it is also linked to loss of status, the pain is compounded and a politically potent power arises. …

“Fascism had its roots in Europe in massive economic failures in which the financial elites failed to recognize the political consequences of unemployment. They laughed at parties led by men who had been vagabonds selling postcards on the street and promising economic miracles if only those responsible for the misery of the country were purged. Men and women, plunged from the comfortable life of the petite bourgeoisie, did not laugh, but responded eagerly to that hope. The result was governments who enclosed their economies from the world and managed their performance through directive and manipulation.

“This is what happened after World War I. It did not happen after World War II because Europe was occupied. But when we look at the unemployment rates today, the differentials between regions, the fact that there is no promise of improvement and that the middle class is being hurled into the ranks of the dispossessed, we can see the patterns forming.”

My Comment: As the technical and technological progress continues, unemployment will rise. In addition, human desires grow not only in size, but also in quality: a person does not want to work and buy, to be a slave of those who grow wealthy because of this. Desires change. The era of the consumer society is ending for several reasons.

A new era is ahead—a transition of the mass of unemployed to work on themselves, to build a new integral society. This phase is preceded by the phase of integral education, training, upbringing, and changing of the human being, and then his conscious transformation of the world. Working from offices and in factories will be transformed to going to the schools of integral education, the courses for retraining people who will then create new public relations—rational consumption in a unified integral community.
[104343]

Related Material:
“Europe In 2013: A Year Of Decision”
Experts: Unemployment Will Rise in Euro Zone
Business Leaders Warn Of “Not A Crisis, But A Disaster”

Discussion | Share Feedback | Ask a question




Laitman.com Comments RSS Feed

Previous Post: