Guest Post: Global Crisis – The Convergence Of Marx, Orwell And Kafka
by Charles Hugh Smith
The global crisis is not merely economic; it is the result of profound financial, sociological and political trends best captured by Marx, Orwell and Kafka.
The global crisis is best understood as the convergence of the modern trends identified by Marx, Orwell and Kafka. Let’s start with Franz Kafka, the writer (1883-1924) who most eloquently captured the systemic injustices of all powerful bureaucracies–the alienation experienced by the hapless citizen enmeshed in the bureaucratic web, petty officialdom’s mindless persecutions of the innocent, and the intrinsic absurdity of the centralized State best expressed in this phrase: “We expect errors, not justice.”
If this isn’t the most insightful summary of the Eurozone debacle, then what is? A lawyer by training and practice, Kafka understood that the the more powerful and entrenched the bureaucracy, the greater the collateral damage rained on the innocent, and the more extreme the perversion of justice.
The entire global financial system is Kafkaesque: the bureaucracies of the Central State have two intertwined goals: protect the financial Elites from the consequences of their parasitic predation, and protect their own power and perquisites.
While Marx understood the predatory, parasitic nature of Monopoly Capitalism, he did not anticipate the State’s partnering with Cartel/Crony Capitalism; in effect, the State has appropriated the appropriators, stripmining the citizenry to protect the financial sector from the consequences of their “business model” (leverage, fraud, embezzlement and the misrepresentation of risk). But the State doesn’t merely enable (“regulate”) the predation of financiers; it also stripmines the citizenry to fund its own expansion into every nook and cranny of civil society.