Recent terrorist attacks in Paris, Beirut and elsewhere were shocking and awesome. The dissonance of the images of war in peaceful downtown gay Paris were particularly troublesome.
There are some, however, who are troubled for an entirely different reason:
The Paris terrorist attacks and political instability in Europe are making companies more reluctant to invest, the chief executive of Siemens has warned.Joe Kaeser told the Financial Times: “Investment is about believing, about the future, and [when] events like that happen, people will wait.”
Sounds like George W. Bush’s infamous call to keep shopping after September 11, 2001:
Remarks by the President to Airline Employees
Chicago O’Hare International Airport
September 27, 2001
When they struck, they wanted to create an atmosphere of fear. And one of the great goals of this nation’s war is to restore public confidence in the airline industry. It’s to tell the traveling public: Get on board. Do your business around the country. Fly and enjoy America’s great destination spots. Get down to Disney World in Florida. Take your families and enjoy life, the way we want it to be enjoyed.?
Read the complete speech at this direct link to the Whitehouse website.
Are economists really so callous that they believe that investments trump people’s lives and welfare? Do Presidents, at least of the United States, really believe that going to Disney World will show those nasty terrorists that we’re no one to mess with? That’ll learn em!
Economics is one of those “fantastic doctrines” that Ed Abbey warned us about, especially “global” economics, which is all about keeping the rabble in line so the elite 1% can enjoy their billions, piling them in heaps and heaping them in piles.
Somehow, it must sink in that the “global economy” is the problem, not the solution.