To the Right and to the Left – Labels Don’t Work Any Longer

At the end of the Cold War in 1992, American political economists Francis Fukuyama famously declared that it’s the end of history.  His belief was that the world had come to an end and that the universalization of the Western Liberal Democracy had arrived. The end point of mankind’s evolutionary ideology had come to an end.

Boy or boy wasn’t he wrong.

Here we are some 20 years later in the midst of three wars in various stages of progression and regression. The outcome of the Arab Spring is still unknown. New, potential dangerous alliances are being formed.  And even the repercussions of the 2008 financial meltdown are still unresolved. In other words we have plenty of history to go.

Nevertheless I’ll take one further step and put to an end Fukuyama’s ideology presciption box, as from either the Right or Left labels nor Fukuyam's theories or of the likes are not ample nor of what he forecasted with one more step. One from the Left and as well from the Right.

Case in point: How do we deal with debt and inflation crises currently besetting so many countries and still maintain our current standards of living? The right wing solution is to cut entitlements further. The left wing solution is to make the rich pay. 

Here is my little story:

Greece is a tremendous country and the people are tremendous as well. Yet it’s the last country in Europe that you would ever think is the neediest of all countries within Europe. Germany has always been approached by the EU for money and so often Germany does finance many entitlements which keep the European markets where they are. Greece came to be used to entitlements, these generous monies given with the intention that a country in distress would leverage up by way of the monies recieved.

So where were all the forensic accountants sounding the alarms regarding Greece's situation? For that matter where there were even rumors about the EU's worthiness. The answer that is within here comes down to one country really and the name is Germany. Yet under the guise, the EU was set up so that Eurpean participating countries could bring about a feesable economic climate as well to ensure feesability with all and with the merit that many countries would work witin unision.

The accounting hocus pocus which kept Greece afloat was hid under the economic covers. As Germany came to be prominently the means and ways in giving out monies with the intention to stabalize countries such as Greece. Yet more often than not Germany had an entourage which would really con Germany into being the sole loaner. More than often the government of Germany would be reminded of it's past by the leaders of the EU. Germany was a fast and monetarily strong country yet with a past history which haunted the society for years. Yet those are years gone by. As a society now Germany has arrived to where they are due to one basic thing. German people at large are very intellegent people. As well, Germany has always been seen as the most economically sound country and all so often they are looked towards by the EU for what can partly bring about stablization. All part and parcel of how the EU most often relied on Germany to handle Crises that were of the onus of the EU.

The elitists have always benefitted from entitlements which for the most of which came from predominantly from one country and that of Germany. 

The way I see the European crisis is with none of the above. Even within countries such as Greece would indicate that entitlements were merely fiscal band aides. In fact Greece felt that the fiscal entitlements were something which had carried on a economic crisis if not even leading to one. Yet the EU felt differently.

"It’s merely a band aid." Greek citizens will be the first to point out that it wasn’t just the entitlement spending that brought the country into an economic mess. Meanwhile the EU, continued to be an entity which was with the thought to bring several European nations together. Yet several time, the leaders of the EU would "cook the books" on the backbone of Germany as Germany was this primary lender which for several years followed all directions. Yet many monies had been left unknown as to where they had went. Yet it's was rather obvious that the heads of the EU were pocketing monies.

The EU elites were far too generous in “cooking the books” while taking ample amounts of monies for themselves.

To be continued…