Sunday, 25 March 2007
A NEW FACE IN HELL.
Britain has a new £20 bank note Elgar has been replaced by: Adam Smith an 18th Century Economist, the architect of our 20th/21st century downfall and disaster. He believed that it was good for capitalists to pursue their own self-interests at the expense of societies as there was an 'invisible hand' that would see society benefit from these self interests. Anyway I hand you over to the 'great' man himself.
“It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages.”
“As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestic industry, and so to direct that industry that its produce may be of the greatest value; every individual necessarily labours to render the annual value of society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest he frequently promotes that of society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good. It is an affectation, indeed, not very common among merchants, and very few words need be employed in dissuading them from it.”
This theory is the basis of Thatcher and Regans 'free market' economies of the 80's. Now the invisible hand is very visible and all it does is take from society, not just economically but morally. Society is falling apart due to self-interest; where no one gives a shit about anything other than themselves, and they only do anything if they are gonna benefit from it. There are pockets of Resistance against this attitude. The more people that kick against it, the sooner we'll show 'em who wears the trousers. (20 quid at TK Max) So every time you part with a £20 note, just remember that the face staring up from it is responsible for the shit we are living in, and the other one is a worthless figure head who reigns over the turd called Britain. 'Land of Hope and Glory' I don't think so.
No.9 out of 16: MANIC STREET PREACHERS-Motorcycle Emptiness(Live Brussels 2002) http://www.sendspace.com/file/rpul1s