X-Message-Number: 28747
References: <>
From: David Stodolsky <>
Subject: Re: dollar fears
Date: Tue, 19 Dec 2006 14:53:51 +0100

On 18 Dec 2006, at 11:33, John de Rivaz wrote:

> I would be more concerned about a decline in the global economy,  
> but if
> course there is nothing to measure this against. The current  
> "enemy" is
> pointless regulation and litigation, making progress slower.

Given the Enron and other corporate skandals, only made possible by  
'deregulation', and various pointless wars, which could degenerate  
into nuclear conflicts, the above misses the point. Of course, no one  
is for 'pointless regulation', but a bit more regulation on both the  
national and international level seems to be what is called for at  
this time merely to prevent widespread criminal activity.

Making the economy the measure of all things could lead directly to  
our destruction, since it is based upon an incomplete model of  
behavior (economic man). Our safety would be improved by the  
strengthening of the international judicial institutions. Enforcement  
of the Nuclear Non-proliferation Treaty, including the World Court's  
ruling that the Treaty requires the current nuclear powers to disarm,  
would be a tremendous step in the right direction, considering the  
current out-of-control spread in nuclear weapons. Extending the  
jurisdiction of the International Criminal Court might reduce the  
enormously wasteful military production and reduce the level of  
international corruption, which is a major damper on the world  
economy. As long as illegal drugs and arms remain at the top of  
international trade, no one will be safe.


David Stodolsky    Skype: davidstodolsky

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