Saturday, May 8, 2010

Democracy vs Agorocracy

Which are these forces and systemics that are referenced by the generic term "financial markets"?

IMO, "financial markets" are a complex system that does not have a "spokesperson" and its actions, that are in effect the "cumulative effect" from various different actions in different directions, do not constitute a "directive" for the social, political, policy and non-financial economic and business aspects of this world.

Unless we agree that Democracy has given its place to a new system of governance, Agorocracy (meaning "rule of the markers") and more specifically "Chrimatagorocracy" (rule of the financial markets). I do not think that we can agree to that.

No matter how imperfect politics and Democracy can be, politics cannot surrender their role to non-political forces.

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Thanks.
BRs
Nick

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