[chilefuturo] The Global Crisis of Legitimacy
- From: Carlos Contreras <clubcientifico@xxxxxxxxx>
- To: chilefuturo@xxxxxxxxxxxxx
- Date: Tue, 4 May 2010 09:46:21 -0400
Este mensaje en inglés plantea de otra manera la crisis provocada por las
corporaciones financieras globales y sus posibles consecuencias "que otras
potencias se aprovechen de la inseguridad de EEUU y Europa"
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From: STRATFOR <mail@xxxxxxxxxxxxxxxxxxxxx>
Date: 2010/5/4
Subject: Geopolitical Weekly: The Global Crisis of Legitimacy
To: clubcientifico@xxxxxxxxx
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By George Friedman | May 4, 2010
Financial panics are an integral part of capitalism. So are economic
recessions. The system generates them and it becomes stronger because of
them. Like forest fires, they are painful when they occur, yet without them,
the forest could not survive. They impose discipline, punishing the
reckless, rewarding the cautious. They do so imperfectly, of course, as at
times the reckless are rewarded and the cautious penalized. Political crises
— as opposed to normal financial panics — emerge when the reckless appear to
be the beneficiaries of the crisis they have caused, while the rest of
society bears the burdens of their recklessness. At that point, the crisis
ceases to be financial or economic. It becomes political.
The financial and economic systems are subsystems of the broader political
system. More precisely, think of nations as consisting of three basic
systems: political, economic and military. Each of these systems has elites
that manage it. The three systems are constantly interacting — and in a
healthy polity, balancing each other, compensating for failures in one as
well as taking advantage of success. Every nation has a different
configuration within and between these systems. The relative weight of each
system differs, as does the importance of its elites. But each nation
contains these systems, and no system exists without the other two. Read
more
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Carlos Contreras, presidente
Club Científico de Peñalolén, Santiago, CHILE
http://www.clubcientifico.cl
fono/fax. 562-7691307 09-2114827
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