The Complexity Conundrum
Our “anti-terrorist” effort: too big to succeed
Many years ago I read a science fiction story in which earthmen are conducting a war against a primitive people in a far distant star system: the natives, while less developed than their Terran overlords, were putting up quite a fight, and the colonizers, in an effort to stamp out the insurgency, launched an effort to utilize their chief advantage – high technology – and finally crush the enemy, which was armed with little more than bows and arrows.
The story details the invention of one super-weapon after another: mobilizing all their vast scientific and financial reserves, Terran scientists make breakthrough after breakthrough in an astonishing and continually ascending arc of accelerated technological development: an invisibility cloak, a weapon that reads the mind of the enemy, and other wonders of the science fictional imagination, which are wheeled out, one after the other – alas, to no avail.
The problem is that, with the introduction of each new super-weapon, the insurgents merely shift their tactics and learn to adapt. The response from the United Governments of Earth is to deploy weapons systems of increasing complexity – and that fatal weakness is their undoing. For if one aspect of these complex systems fails, then the whole edifice comes crashing down, which is precisely what happens to the earthmen. Terran strategists are forced to return to the drawing board, and start from scratch, this time tasked with simplifying their tactics and weaponry.
The memory of this story is, admittedly, faded by the years – if anyone can identify the title and author, I’d be grateful – and I may have the details wrong, but in essence the theme of this well-told tale wasn’t just a warning that technology may not hold all the answers, but also that increasing complexity is a problem, one inherent in the very nature of “advanced” civilizations. In any case, this story came immediately to mind as I read the first installment of “Top Secret America,” by Dana Priest and William Arkin, currently being serialized in the Washington Post.
The authors have all Washington atwitter because it exposes the prime narrative that makes the Beltway what it is: the center of a vast bureaucracy of Byzantine complexity fueled by an ever-increasing flow of tax dollars. They tell the story of how the intelligence-gathering and terrorist-tracking apparatus of the national security bureaucracy ballooned out of control on account of an unprecedented infusion of funding:
“The top-secret world the government created in response to the terrorist attacks of Sept. 11, 2001, has become so large, so unwieldy and so secretive that no one knows how much money it costs, how many people it employs, how many programs exist within it or exactly how many agencies do the same work.”
Priest and Arkin cite the testimony of retired Army Lt. Gen. John R. Vines, who had been tasked with tracking “the Defense Department’s most sensitive programs.” Gen. Vines, we are told, “was stunned by what he discovered,” averring in testimony before Congress:
“I’m not aware of any agency with the authority, responsibility or a process in place to coordinate all these interagency and commercial activities,” he said in an interview. “The complexity of this system defies description.
“The result, he added, is that it’s impossible to tell whether the country is safer because of all this spending and all these activities. ‘Because it lacks a synchronizing process, it inevitably results in message dissonance, reduced effectiveness and waste,’ Vines said. ‘We consequently can’t effectively assess whether it is making us more safe.’”
With a budget much bigger than the official figure of $75 billion, we can’t even know if we’re making any progress. The problem, in short, is epistemological. Friedrich von Hayek, the great libertarian economist and author of The Road to Serfdom, knew this: his central thesis – that we are, after all, only human, and cannot know or keep in our minds the sum total of what is necessary to centrally plan the economy – is confirmed by “Top Secret America,” which is surely a lesson in the ineffectiveness of Big Government. In this case, it isn’t economic intelligence-gathering by government agencies that we’re concerned with, but the same principle applies: increasing complexity of intelligence-gathering systems leads to an inevitable breakdown.
In the end, we know everything, and nothing – a paradox that led to the two most recent breakdowns. As Priest and Arkin point out:
“These are not academic issues; lack of focus, not lack of resources, was at the heart of the Fort Hood shooting that left 13 dead, as well as the Christmas Day bomb attempt thwarted not by the thousands of analysts employed to find lone terrorists but by an alert airline passenger who saw smoke coming from his seatmate.”
In an interview, the former director of national intelligence, retired admiral Dennis C. Blair – the man who was supposed to be in charge of this vast army of officials, analysts, and private contractors – sheepishly remarked:
“After 9/11, when we decided to attack violent extremism, we did as we so often do in this country. The attitude was, if it’s worth doing, it’s probably worth overdoing.”
Well, yes, but the question is: worth it to whom, and for what? In the wake of 9/11, an entire industry was born, one that grew larger as grandstanding “tough on terrorism” politicians threw money at our anti-terrorist efforts. For the War Party, it was a bonanza just begging to be exploited, and they did so on a grand scale. In our recessionary economy, this may be one of the very few growth industries. The second part of the Post series details the commercial aspect of all this, and the key role played by private contractors – who profit, I might add, from the very complexity that threatens to defeat us.
Government programs have many more lives than the mere nine attributed to cats: efforts to kill them off or even trim them down meet with defeat a great deal of the time. This hardiness is rooted in their very existence, which automatically creates a made-to-order political constituency. Once a government program is created, a pressure group – consisting of the economic beneficiaries of the program – inevitably arises which lobbies to extend and expand it. This applies in spades to those “private” companies whose sole “customer” is the US government, and it is one of the chief energizing factors behind the exponential growth of “Top Secret America.” It is also the classical libertarian explanation for the growth of Big Government, not only in America but everywhere the State exists.
Not that you have to be an anarchist to understand why these programs take on such vast and ultimately unwieldy proportions. To give us an idea of just how vast, Priest and Arkin report:
“With the quick infusion of money, military and intelligence agencies multiplied. Twenty-four organizations were created by the end of 2001, including the Office of Homeland Security and the Foreign Terrorist Asset Tracking Task Force. In 2002, 37 more were created to track weapons of mass destruction, collect threat tips and coordinate the new focus on counterterrorism. That was followed the next year by 36 new organizations; and 26 after that; and 31 more; and 32 more; and 20 or more each in 2007, 2008 and 2009.”
This manic momentum, which is self-generated and self-sustaining, has ended up blinding us and making us more vulnerable to another 9/11.
Conservatives who question the utility of multiple layers of bureaucracy, and even cite Hayek, usually fail to apply the same principle to the realm of national security, where they’re all for what they would otherwise denounce as “big government.” Yet the general principles governing economic science are equally applicable to all the realms of human action, including intelligence-gathering and the defense of the nation. Indeed, it is precisely here, where failure to understand those principles can lead to mass death, that they must be applied most stringently.
I suppose it’s a fool’s errand to go on a campaign to urge the Obama administration’s bureaucrats to read Hayek, but surely there’s someone in Washington who will wake up to the deadly danger posed by the complexity conundrum – before it’s too late.
NOTES IN THE MARGIN
In the comments, reader John Dowser has identified the short story in question: "Superiority," by Arthur C. Clarke (1951). Yes, looks like I got some of the details wrong: the earthmen were battling not primitive insurgents armed with bows and arrows, but merely a civilization somewhat less advanced technologically. My point, however, as made by the narrator in Clarke’s story, stands:
"The ultimate cause of our failure was a simple one: despite all statements to the contrary, it was not due to lack of bravery on the part of our men, or to any fault of the Fleet’s. We were defeated by one thing only — by the inferior science of our enemies. I repeat — by the inferior science of our enemies."
Read more by Justin Raimondo
- Edward Snowden vs. the Sovietization of America – June 18th, 2013
- A Note to My Readers – June 16th, 2013
- Datagate and the Death of American Liberalism – June 13th, 2013
- Smear Brigade Goes After Snowden – June 11th, 2013
- Edward Snowden, American Hero – June 9th, 2013





j_in_mesa
July 21st, 2010 at 4:23 am
"The memory of this story is, admittedly, faded by the years …"
Perhaps it's "The Forever War" by Joe Haldeman. I haven't read it but it sounds similar.
E. A. Costa
July 21st, 2010 at 4:32 am
There are no such things as "free markets" nor completely "planned economies".
Both are fantasies.
Hayek was a fool. Market price doesn't even yield reliable intelligence about itself, let alone the "economy".'
The whole of this approach is like the man who ran into a crowd of people around a street lamp one night.
"What's going on", he asked.
"This lady lost a contact lens and we are looking for it," one man said.
The passerby asked, "Where exactly did she lose it?"
The woman pointed to the next corner, which was dark and unlit.
"I don' understand", said the passerby, "If you lost it there, why are you looking here?".
"Light's better", said the woman.
The "invisible hand" is a similarly absurd mythology. You might as well cross the continent by random walk.
Sure, you may get there eventually, but not very efficiently.
Markets have their place, as Lenin himself well understood.
You are a marvelous proponent of antiwar, Raimondo, and highly respected, but the simplicity of your economics is a constant thorn.
For one thing it interferes with your seeing the roots of modern war and imperialism in Capitalism itself, especially in the Finance Capitalist stage.
Also note–"free enterprise" has nothing necessarily to do with Capitalism and it is Capitalism itself that strangles it, as with the old British Classic Liberals and Social Darwinists, and uses, as they did, the law and government it buys to do so.
MvGuy
July 21st, 2010 at 4:44 am
It's the forever war that Justin is referring to alright, the one between those crooked "con-tractors" out to smooz, trick [sometimes with live girls] and rob the paranoid politicians of our tax dollars.. Against the GAO and a few old grey watchdogs….. It IS the forever war…… It can and will never end…
Justin Raimondo
July 21st, 2010 at 5:20 am
Actually, "The Forever War" is a novel: no, it was a short story — I'm not sure, but it MAY have been by A.E. van Vogt. But maybe not. I read it when I was a teenager — a long time ago. I'm dying to know the title and author.
Anybody ….?
Bob Bogus
July 21st, 2010 at 7:11 am
Credit bubble, tech bubble, real estate bubble, terror bubble and of course perpetual war and empire bubble….ain't gummymint grand? Is there any kind of bubble it can't blow???
Well, yeah…how bout a peace bubble….
David G
July 21st, 2010 at 8:14 am
I guess, eventually, human intelligence is revealed as sorely lacking. Our technology is out of control and appears to me to be controlling us.
We will have a nuclear war soon because America and Israel haven't got sufficient intelligence to work out that such a war could destroy the earth making it the greatest Pyrrhic Victory in human history.
Humans would be better to throw away their technology and go back to the trees until evolution creates a higher intelligence for them.
JohnDowser
July 21st, 2010 at 8:25 am
That story must be "Superiority" by Arthur C. Clarke, from 1951.
http://en.wikipedia.org/wiki/Superiority_%28short…
(claiming without source that "the story is (or was) required reading at West Point")
http://www.mayofamily.com/RLM/txt_Clarke_Superior…
(is this the rather short text?)
Montaigne
July 21st, 2010 at 2:13 am
The cooperation and efficiency of a bureaucracy rests on some imtortant technical points. One that everything they do is documented. In writing, and kept in archives for any citizen to be informed from They work from common, legitimate rules, and are accountable to work in that defined realm.
Another point: any one person can be replaced by another, because the work is both well and openly defined, Ideas and concepts are openly discussed.
If open, legitimate and well defined, a greater brureacracy can get more efficient. That was in contrast to the King and his secret advisors. You can see this in Martin van Crevelds "Rise and Decline of the State". For example, that a much greater population can be ruled through an bureaucracy as opposed to by leaders, be they as talented as ever possible.
In another, similar line of development from small to big societies, the division of labor CERTAINLY rests upon the spread of common knowledge. I would suggest, that the stagnation of economies in developed countries during the last 50 years, has to do with the emergence of secrecies, like patents or copyrights. It changes back into another economy of privileges like in the Middle Ages. And obviously most want to let the market freely regulate OTHER people, while the biggest corporations rests on privileges, ultimately paid for, and stupidly even enforced by other people's money.
Well, secret service is the most idiotic thing to try to rule like a bureaucracy. It must of necessity, from it's secrecy and lessened accountability, be kept SMALL and supervisable by few persons. There are NO effect other than confusion, double work, unaccountability and great opportunities for crimes by going down that road..
Which with the great wisdom of leaders are becoming more and more big and dysfunctional, by adding more of the same to the receipt..
In a healthy system mistakes are corrected by feedback, because of accountability and openness – mistakes or abuse researched, corrected and followed through – making the population positively interested in correcting things, and confident in their rulers.. In the especially American empire's ways, accountability vanishes especially when it is important for everybody, that it works. Critics are unwelcome. The state works increasingly in secret with corporations as primary "persons". Yes, the living dead, the created vampires, are honoured, while actual living PERSONS are sucked out or put to service.
bogi666
July 21st, 2010 at 9:48 am
Additionally, Justin forgets to mention that the funding for these agencies are the proceeds from the Treasury bonds used to finance the Federal deficit. FOLLOW THE MONEY, Bush created the huge deficits simultaneously with the creation of these countless agencies for one reason, GRAFT AND CORRUPTION which is facilitated by the "private"sector. Justin likes to blame the Federal deficit on Social Security which by law must fund itself and could be guanteed solvency by lifting the cap. Reagan intiated the huge Federal deficits, the proceeds of which went to the Pentagon, spy agencies, graft and corruption as evidenced by the record number of prosecution to people in his maladministration.400 lo0bbyists in D.C. before Reagan, 45,000 today all creating anc chasing the deficit $ proceeds.
bogi666
July 21st, 2010 at 9:52 am
One reason is that it might work for the overall benefit of society,not to mention the world. Peace is too overwhelming because of its simplicity and won't be given a chance considering all the chanting propaganda of military action, weapons, wars, homicides, all in the NAME OF PEACE.
bogi666
July 21st, 2010 at 9:57 am
Corporations are "persons" SCOTUS and accordingly the english language must refer to Corporations as who, whose, whom.
Montaigne
July 21st, 2010 at 10:30 am
Exactly! Perhaps the spiritual background for the enormous success of "zombies", "vampires" or created monsters like Frankenstein in popular culture? A true secret of the horror evoked by monsters? Our circumstances are full of them, and influencing us all with ideas like perpetual growth in power and wealth no matter what.
geo1671
July 21st, 2010 at 3:54 am
http://www.brasschecktv.com/page/44.html
For folks that were adults in the 50's. I remember being suckered watching supposed news at the local theaters.It's only 7 minutes,nothing has changed. It's not the big companies controlling the politicians–it's the corrupt elected we put in power. We have to take back the media and have term limits for Fed politicians and no party afillation. Justin has only one problem–Blinders on who really did Sept 11 2001. Appears that Justin reads the comments section— PLEASE Stop covering up for the bad guys, another cycle of Kosherterror awaits America. Natives are getting restless Justin :^/
E. A. Costa
July 21st, 2010 at 10:56 am
Thanks–neat little story, also available in the later collection here:
http://books.google.com/books?hl=en&id=H118kM…
Clarke there says it was inspired by von Braun and the V2 program.
Actually it fits better perhaps the production of German armor during World War II, or even the German jet aircraft.
Note also that though the Soviets had a nuclear weapons group, Stalin refused to fund it, calculating correctly that such a super weapon would not defeat the Germans and the resources it required would curtail other programs that would.
Stalin was right, and his thinking the exact opposite of the Germans with their superweapons programs and this story.
E. A. Costa
July 21st, 2010 at 11:04 am
Alfred Korzybski treats some aspects of this in his work. Here and there he has insights. including linguistic, but his overall analysis, like that of most engineers, is very shallow and his logic and epistemology almost non-existent.
E. A. Costa
July 21st, 2010 at 11:09 am
In fact the bureaucracy in the later Roman Empire was more highly developed than that of any later European state, until perhaps very recently, and it centered around the emperor.
E. A. Costa
July 21st, 2010 at 11:19 am
With a few exceptions Western political "scientists" and "economists" are nowadays a pretty lame and limited lot.
The anthropologists are far in advance of most of them, including in beginning to grasp a whole constellation of different economic ideas.
Some of their researches–into "money" for example–have direct application to understanding the present western monomaniacal Capitalism.
The West clearly, for example, has a monolithic, general purpose concept of "money", which is essential to Calvinist Capitalism, while "money" as it actually functions in Capitalist societies is of at least two different orders.
ann
July 21st, 2010 at 11:30 am
"Backed up by such manpower, Wall Street plotters wanted Gen. Butler to deliver an ultimatum demanding either Roosevelt pretended to be incapacitated by polio and allow Butler to takeover or be forced out with the army of 500,000 war veterans from the American Legion. ….
The following is a list of some of the fascist coup leaders: Irenee Du Pont, founder of the American Liberty League, which executed the plot; Grayson Murphy, Director of Goodyear, Bethlehem Steel and a group of J.P. Morgan banks; William Doyle, former state commander of the American Legion and a central plotter of the coup; John Davis, former Democratic presidential candidate and a senior attorney for J.P. Morgan; Al Smith, bitter political foe of Roosevelt, former governor of New York and a co-director of the American Liberty League; and John J. Raskob, officer and a former chairman of the Democratic Party. Raskob later became a 'Knight of Malta,' a Roman Catholic Religious Order with a high percentage of CIA spies, including CIA Directors William Casey, William Colby and John McCone." The Buisness Plot, by John Burl Smith
ann
July 21st, 2010 at 11:32 am
"Years later, retired US Rep. John W. McCormack, former Speaker of the House and Chairman of The McCormack-Dickstein Congressional Committee said, 'If the late Major General Smedley Butler of the U.S. Marine Corps had not been a stubborn devotee of democracy, Americans today could conceivably be living under an American Mussolini, Hitler, or Franco.'" The Business Plot, by John Burl Smith
ann
July 21st, 2010 at 11:34 am
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Thomas Jefferson, (Attributed)
3rd president of US (1743 – 1826)
E. A. Costa
July 21st, 2010 at 11:38 am
Indeed, and that is just scratching the surface.
But Roosevelt himself was a Corporate Capitalist Fascist–there is no doubt of that.
His job was essentially that of a middleman, to channel the genuine Left into jingo capitalism with some social welfare and to prepare the US for war.
E. A. Costa
July 21st, 2010 at 11:44 am
Old Auger Eye was one of a kind, but McCormack here is naive.
There are some major similarities between Mussolini and Franco, though Franco's Fascism was religiously motivated and Mussolini's was more Futurist in original impetus though archaizing in forms.. There is only the vaguest outward similarity between either of them and Hitler.
What they all had in common was an entirely correct animus toward British imperialism.
E. A. Costa
July 21st, 2010 at 11:59 am
"Dans la pensee et l'analyse politique on n'a toujours pas coupe la tete du roi."
Michel Foucault
zion
July 21st, 2010 at 12:07 pm
It is like as ig human being allowed the river/hills/mountains/forest/animals/volcanoes/planet/stars/to develop around his tiny shack and then realized the gravity of the downside of the distance and of the magnitude. Its too far from day to day life for immediate effects or transparency.Very soon he realized it's too big and far for control also.
E. A. Costa
July 21st, 2010 at 12:09 pm
Stalin had Roosevelt pegged. He called him a "cunning fellow" who would delay the collapse of capitalism in the US for at least a generation.
Hitler actually patterned some of his social programs on Roosevelt's.
There is no clear reference one has ever seen but the implication is that Hitler early on considered Roosevelt Fascist.
E. A. Costa
July 21st, 2010 at 12:18 pm
"A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money."
David Ricardo
E. A. Costa
July 21st, 2010 at 12:20 pm
"The imbecility of striking for higher wages while leaving the control of the purchasing power of those wages in the hands of the extortioners is not monopolised by the labour Parties."
Ezra Pound
sherban
July 21st, 2010 at 12:31 pm
Interesting why Raimondo was not satisfied to call Hayek a libertarian and added "the great libertarian".However Hayek said that the people can know something and this the reason that they can not planing .Why is Hayek an exception?
E. A. Costa
July 21st, 2010 at 12:58 pm
Hayek, von Mises, Schumpeter, et all–all flawed, all dense, all "free market" utopians with absolutely no understanding of Capitalism as a system.
E. A. Costa
July 21st, 2010 at 12:58 pm
"et al."
True Seeker
July 21st, 2010 at 1:18 pm
I would have to agree with you. From the limited exposure I have had (take for example Adam Curtis' "The Mayfair Set, parts 2, 3 & 4", which deals specifically with the implementation of two different economic theories, Keynesianism and Monetarism), most if not all economic theory has proven to be woefully inaccurate at predicting real world economic trends.
I'll have to get some books on anthropology.
As you say "The anthropologists are far in advance of most of them, including in beginning to grasp a whole constellation of different economic ideas."
Perhaps anthropologists in addition to studying causal interactions in human society also don't have to rely on a particular ideology in order to gain tenure and acceptance.
Economics is the new religion perhaps? One must have faith in the myth of the rational markets.
What is rational in a market full of created wants – driven not by neccesity, but by fear or desire?
Sam Lowry
July 21st, 2010 at 1:59 pm
"I suppose it’s a fool’s errand to go on a campaign to urge the Obama administration’s bureaucrats to read Hayek, [...]"
I honestly think the smarter ones have. Economics from the 'Austrian' perspective only implies libertarianism when one presumes that the reader is interested in its ethical implications. Those who harbor a general contempt for the rest of humanity might merely be interested in nothing more than how best to profit from the destruction of civilization. Our job is to recognize these monsters for what they are.
E. A. Costa
July 21st, 2010 at 2:29 pm
Yes, yes the inhabitants of the Indian sub-continent got a real taste of classic British Liberal Social Darwinist "civilization" during the Raj.
E. A. Costa
July 21st, 2010 at 2:39 pm
The irony is that the Chinese Communists, armed with Marx and Lenin, have exploited the flaws of Finance Capitalism with a deft hand, demonstrating a profounder economic understanding of the real system than any of the western ballroom economists.
But, of course, who would have guessed that Chinese are highly "civilized"?
Santayana, who knew his Puritans and Protestants inside out, never made a more subtle call than to characterize US Protestantism as basically irreligious, actively materialistic, and with a real edge to his Roman stabbing sword, "barbarian".
june consley
July 21st, 2010 at 2:42 pm
true, true and true. Reagan did indeed initiate the largest Federal deficits with nothing gained for the country!
Justin Raimondo
July 21st, 2010 at 3:17 pm
John, you got it right. Thanks so much for finding this, which I acknowledge is a "Notes in the Margin" just added.
Tony
July 21st, 2010 at 3:31 pm
Sure, buddy. That "Great Leap Forward" really worked out for the Communists in China. And I think you're confusing "capitalism" with Corporatism. Socialists always seem to mix the two up.
Jeremy Sapienza
July 21st, 2010 at 3:36 pm
Leaving aside the "great" quibble here, you misunderstand. Hayek didn't say "humans can't know everything and so central economic planning will not work UNLESS I DO IT." I hope that clears it up.
Jeremy Sapienza
July 21st, 2010 at 3:48 pm
So remove the "capitalism" labeling issue and replace it with whatever you want to call "free enterprise" or "the free market" which of course even Justin would agree does not exist. He would certainly agree also that whatever you want to call the present system, it is not ideal. I see you posting around the articles here — all of them, maybe — with similar talking points in the negative but nothing about what you propose as an alternative to capitalism or "the free market" or other apt and inapt synonyms for same. I'm just curious what you would propose if it were up to you.
emsnews
July 21st, 2010 at 4:49 pm
Ditto in spades with the Byzantine empire which took the entire Roman bureaucracy and moved it eastwards closer to that immense and very ancient bureaucracy: CHINA.
Duglarri
July 21st, 2010 at 5:01 pm
On the subject of "does anyone recall"- was it Mad Magazine, years ago, that had someone working in "The Department of Zeppelin Spotting"? God knows that if such a department was in operation today no one would notice. And no one would think of shutting it down.
generalissimo x
July 21st, 2010 at 5:24 pm
ridiculous. rather than actually find out how and why (TRUTH) 9-11 actually occured and examine the failures of a multitude of systems already in place, we instead built a vast, secret and totally useless bureaucracy where disingenous fear mongers and "experts" over bill the u.s. gov't i.e TAXPAYER for billions for an enemy that essentially is there own hype and creation. this racket has aided in the banktrupting of our republic with only the most specious arguments about "preventing terror attacks". how many insipid mouthpieces for the nwo do we have to listen to imply well there's been no attacks so obviously things are working.
this site and raimondo are lax in their call for real 9-11 truth. all discussion of these insane wars and build up of internal security apparatus (which is only to spy on u.s.citizens) is predicated on this one day and yet we still have no definitive explanations of how a bunch of arabs in a cave overwhelmed norad, tsa, nsa, faa, cia, pentagon, army intelligence, and god knows who else. the guy from the movie V couldn't pull that off.
bogi666
July 21st, 2010 at 5:41 pm
securitized bubbles transacted in unregulated markets wiith losses biled out by the USG.
Strider55
July 21st, 2010 at 5:47 pm
Justin, given your "bows and arrows" recollection, you may have mentally combined Clarke's short story with the film Avatar.
For another example of the conundrum, recall the Afghan resistance, armed with little more than AK-47s and Stinger SAMs, sent the Red Army packing in humiliation — and are about to do the same thing to the Imperial Yankee Army.
sherban
July 21st, 2010 at 8:01 pm
Thank you,you are right
Bob Bogus
July 21st, 2010 at 9:07 pm
Ah good old beltway bureaucracy on steroids….
Obama Bushladen is beaming with joy…
Mhstahl
July 21st, 2010 at 11:35 pm
"Hayek was a fool. Market price doesn't even yield reliable intelligence about itself, let alone the "economy".' "
Costa, that's essentially the Austrian school economic analysis, a school of thought that Hayek was a part. It's far from Adam Smith's "invisible hand" speculation.
You might want to consider actually reading the positions of people who you insult, rather than dreaming them up on your own.
If you did so, your criticisms might be useful, but as it is they are simply words…..LOTS of words.
Sam Lowry
July 22nd, 2010 at 1:03 am
For what E. A. Costa and his ilk are really about, see "The Socialist Phenomenon" by Igor Shafarevich.
E. A. Costa
July 22nd, 2010 at 4:51 am
The usual Capitalist debating tactic, noted at length by Marcuse long ago.
Solutions?
Looking for a free lunch, Sapienza? How un-Anarcho-Capitalist of you.
The diagnosis is free, solutions cost.
You might want to read Paul Craig Roberts on "Marx And Lenin Reconsidered."
E. A. Costa
July 22nd, 2010 at 4:54 am
The mechahnism is similar in regard to Hayek. Please research your own fantasts more thoroughly.
One gives you this–as Rothbard himself points out, Adam Smith is fraud and a clown.
E. A. Costa
July 22nd, 2010 at 4:56 am
Exactly right. Indeed, even western "Civil Service Examinations" have their ultimate origin in China, through the British.
E. A. Costa
July 22nd, 2010 at 5:03 am
Irrelevant to the point. At any rate, Mao though perhaps history greatest revolutionary, certainly botched the Great Leap Forward, as most Chinese Communists admit.
By the way, China is still Communist and if you are American you owe them trillions in collapsing USD.
Have a nice day.
Novista
July 22nd, 2010 at 9:27 am
When you get through bombasting all the fools, past and present, look in the mirror.
MoT
July 22nd, 2010 at 5:51 am
Amazing. A few guys, as we've been indoctrinated to believe, with cheap box cutters and rudimentary training in small single engined flight, have sent the "organs" of our military industrial complex into toxic shocks of financial ecstasy. A spending binge so out of this world it has shot out into space. Which only goes to show that with all the money that's ever been spent on all the alphabet agencies leading up to 9/11, with all the excuses for their existence being pounded into our skulls while our wallets are emptied, is that FAILURE will be rewarded.
Sam Lowry
July 22nd, 2010 at 2:24 pm
Re: Paul Craig Roberts
It is true, real wages are stagnant and have been for a long time. Here's the problem: Real wages are wages AFTER taxes and AFTER accounting for the loss in purchasing power due to expansion of the money supply by the Federal Reserve and fractional-reserve banking and sundry forms of financial 'leverage.' None of this has anything to do with capitalism even by Marx's definition.
And indeed, that was the real, point of 'Marxism': To so thoroughly and profoundly misdiagnose the situation as to distract people from the political privileges of the plutocracy he actually served. Any imaginable political action taken to put the means of production into the hands of the people always in practice puts them into the hands of the State. This is logic, and it is historical reality. The political consequence of our most recent economic crisis was to grant more authority to the Federal Reserve–the institution that caused the crisis in the first place. That's the way government works. That's the way government has always worked. It is inherently parasitic.
Marx defined communism as a state of society where the needs of the individual were indistinguishable from the needs of the collective. This is a stupid and dangerous delusion.
PeacegeeK
July 22nd, 2010 at 3:19 pm
No accountability! Clearly, this is the sort of essay needed by Lee Hamilton and Erskine Bowles– for this is where the cost-cutting deficit reductions should start. With intel and security industries proliferating like topsy, we are flooded with:
Some useless information about how white our shirts should,
but it can be a scam, because it doesn't know the same reference as me.
We can't get no. We can't get no. We can't get no. No! No! No!
No accountability!
Hey! Hey! Hey!
No accountability!
E. A. Costa
July 22nd, 2010 at 3:24 pm
Ah, the Novist, who apparently thinks he sees "himself" or "herself" in the mirror.
Very droll.
E. A. Costa
July 22nd, 2010 at 3:59 pm
"If Karl Marx and V. I. Lenin were alive today, they would be leading contenders for the Nobel Prize in economics.
Marx predicted the growing misery of working people, and Lenin foresaw the subordination of the production of goods to financial capital’s accumulation of profits based on the purchase and sale of paper instruments. Their predictions are far superior to the “risk models” for which the Nobel Prize has been given and are closer to the money than the predictions of Federal Reserve chairmen, US Treasury secretaries, and Nobel economists, such as Paul Krugman, who believe that more credit and more debt are the solution to the economic crisis.
In this first decade of the 21st century there has been no increase in the real incomes of working Americans. There has been a sharp decline in their wealth. In the 21st century Americans have suffered two major stock market crashes and the destruction of their real estate wealth.
Some studies have concluded that the real incomes of Americans, except for the financial oligarchy of the super rich, are less today than in the 1980s and even the 1970s. I have not examined these studies of family income to determine whether they are biased by the rise in divorce and percentage of single parent households. However, for the last decade it is clear that real take-home pay has declined.
The main cause of this decline is the offshoring of US high value-added jobs. Both manufacturing jobs and professional services, such as software engineering and information technology work, have been relocated in countries with large and cheap labor forces.
The wipeout of middle class jobs was disguised by the growth in consumer debt. As Americans’ incomes ceased to grow, consumer debt expanded to take the place of income growth and to keep consumer demand rising. Unlike rises in consumer incomes due to productivity growth, there is a limit to debt expansion. When that limit is reached, the economy ceases to grow.
The immiseration of working people has not resulted from worsening crises of over-production of goods and services, but from financial capital’s power to force the relocation of production for domestic markets to foreign shores. Wall Street’s pressures, including pressures from takeovers, forced American manufacturing firms to 'increase shareholders’ earnings.' This was done by substituting cheap foreign labor for American labor."
Paul Craig Roberts
E. A. Costa
July 22nd, 2010 at 4:02 pm
"If it were necessary to give the briefest possible definition of imperialism we should have to say that imperialism is the monopoly stage of capitalism. Such a definition would include what is most important, for, on the one hand, finance capital is the bank capital of a few very big monopolist banks, merged with the capital of the monopolist associations of industrialists; and, on the other hand, the division of the world is the transition from a colonial policy which has extended without hindrance to territories unseized by any capitalist power, to a colonial policy of monopolist possession of the territory of the world, which has been completely divided up.
But very brief definitions, although convenient, for they sum up the main points, are nevertheless inadequate, since we have to deduce from them some especially important features of the phenomenon that has to be defined. And so, without forgetting the conditional and relative value of all definitions in general, which can never embrace all the concatenations of a phenomenon in its full development, we must give a definition of imperialism that will include the following five of its basic features:
(1) the concentration of production and capital has developed to such a high stage that it has created monopolies which play a decisive role in economic life; (2) the merging of bank capital with industrial capital, and the creation, on the basis of this “finance capital”, of a financial oligarchy; (3) the export of capital as distinguished from the export of commodities acquires exceptional importance; (4) the formation of international monopolist capitalist associations which share the world among themselves, and (5) the territorial division of the whole world among the biggest capitalist powers is completed. Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capital is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed."
Vladimir Lenin
E. A. Costa
July 22nd, 2010 at 4:04 pm
Sorry to interrupt your Narcissism so rudely, Novista, but you don't see "yourself" in a mirror.
@lesterhalfjr
July 22nd, 2010 at 10:13 pm
ismail kadares "the palace of dreams" is another reference. these organizations exist to waste time and money. the exectiuve at some point will decide they want to do somehting and coble together a bunch of "facts" from these people. they might as well be reading each others palms or something. their sources and intel are not remotely reliable as we've seen in the recent past.
emsnews
July 23rd, 2010 at 12:31 am
The very first civil exams were over 1,000 years ago in China. Also, the first paper money. Heh, we could blame that civilization for all the things we have now!