The Status Quo Has Failed and Is Beyond Reform

That the status quo–the current pyramid of wealth and power dominated by the few at the top–has failed is self-evident, but we can’t bear to talk about it.This is not just the result of a corporate media that serves up a steady spew of pro-status quo propaganda–it is also the result of self-censorship and denial.

Why do we avoid talking about the failure of the status quo? We know it is beyond reform, and we’re afraid: afraid that the promises of financial security cannot be kept, afraid of our own precariousness and fragility, and afraid of what will replace the status quo, for we all know Nature abhors a vacuum, and when the status quo crumbles, something else will take its place.

We all prefer the comforting promises of vast central states. No wonder so many Russians pine for the glory days of the Soviet Union, warts and all.

But the central bank/state model has failed, and history can’t be reversed. The failure is not rooted in superficial issues such as which political party is in power, or which regulations are enforced; the failure is structural. The very foundation of the status quo has rotted away, and brushing on another coat of reformist paint will not save our societal house from collapse.

Yet those who benefit from our status quo (or hope to benefit from it upon retirement) naturally deny it has failed, for the reason that it has yet to fail them personally.

So we pretend to not understand that all unsustainable systems eventually collapse, and hope that the next central bank policy–negative interest rates, or bank bail-ins or helicopter money–will postpone it.

But the writing is already on the wall for us to read: these are the tell-tale signs of systemic failure leading to systemic collapse:

 

  • We keep doing more of what has failed spectacularly.
  • What began as emergency measures are now permanent policies.
  • The returns on status quo solutions are diminishing to less than zero.
  • Social mobility has eroded.
  • We have lost social cohesion and shared purpose.

 

But the failure runs even deeper: Our status quo is not only failing to solve humanity’s six core problems– it has become the problem.

To explain why this is so, I wrote Why Our Status Quo Failed and Is Beyond Reform, a new book that’s focused (90 pages) and affordable, i.e. the cost of a latte ($3.95 Kindle ebook, $8.95 print edition).

Why can’t our status quo be reformed? There are two primary reasons:

1) Those benefiting from the current arrangement will resist any reforms that threaten their share of the pie–and meaningful reforms will necessarily threaten everyone’s slice of the pie.

2) Reforms that actually address the structural flaws will bring the system down, as the status quo can only continue if its engine (permanent expansion of debt and consumption) is running at full speed. Once the engine stalls or even slows, the system collapses.

This is unwelcome news not just to privileged insiders–and the harsh reality is thatour status quo exists to protect the privileges of the few at the expense of the many–but to everyone who hopes to benefit in some way from our status quo’s cornucopia of promises.

So we cling to the dangerous hope that all the promises can be met by some future magic, and cocoon ourselves in an equally dangerous denial that collapse is inevitable. We don’t just want to avoid the decay and collapse of all the happy promises–we want to avoid the responsibility of taking part in shaping the replacement system.

We all want to wallow in the false security of one form of the old Soviet Union or another. Call it Japan, or the Eurozone, or the U.S.A., or Russia, or the People’s Republic of China–they’re all versions of the doomed Soviet model of central planning, propaganda and supression of anything that isn’t supportive of the status quo, i.e. dissent.

The truth is the usual menu of reforms can’t stop this failure, so we have to prepare ourselves for the radical transformations ahead. The decay and collapse of our status quo is not the disaster we assume; rather, it is good news for the planet and everyone who isn’t in the privileged elites, as the collapse will clear the way for a much more sustainable decentralized system that is already visible to those who know where to look (crypto-currencies, local community economies, etc.).

The decay phase of the status quo (i.e. the present) offers us a magnificent opportunity to fashion alternative systems that operate in the shadow of the status quo, making use of technologies such as the Internet. Alternative systems can arise without challenging the status quo; indeed, sustainable, decentralized systems offer open-minded elements of the status quo new models and new partners.

My own proposal for a replacement system is called CLIME–the Community Labor Integrated Money System. Whether you agree with my proposal or not, the point is that we have to wake up from our propaganda-induced slumber and take responsibility for being part of the solution rather than passively clinging to the problem, i.e. our status quo.

You can find our more about Why Our Status Quo Failed and Is Beyond Reform($3.95 Kindle ebook, a 20% discount thru May 1, $8.95 print edition) on the book’s website. The book is #2 on Kindle short reads -> politics and social science.

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  • April 23rd, 2016 Revenge of the Vikings Iceland Will Create Its Own Money

    Iceland’s government is considering a revolutionary monetary proposal – removing the power of commercial banks to create money and handing it to the central bank. Under the so-called Sovereign Money proposal, the country’s central bank would become the only creator of money.

    http://csglobe.com/revenge-vikings-iceland-will-create-money/

  • Apr 24, 2016 US To Paint New Pictures on It’s Dying Barbarous Relic of a Currency

    https://youtu.be/aT7tRWhwjBQ

  • Apr 25 2016 New Home Sales Dip from Strong February Numbers Decrease

    March was another disappointing month for new home sales however subsequent revisions continue to positively affect earlier estimates. The Census Bureau and the Department of Housing and Urban Development said today that sales of newly constructed homes in March were at a seasonally adjusted rate of 511,000 during the month, a 1.5 percent decline from sales in February.

    http://www.mortgagenewsdaily.com/04252016_new_home_sales.asp

  • ICFubar

    If society is collapsing under whatever imposed weight then it is an engineered collapse of the Apex Elites being ready to shift society to another paradigm of their making We can see this all around us if we have the eyes to see with the Pentagon’s “Long War” and the use of supposed anthropic global warming as a green mask for the institution of huge resource grabs by the financial wizards and their corporate entourage, mainly through the auspices of the U.N under cover of their dying concern for future generations. Another item was passed into U.N law on earth day with corporations hiding behind a “green mask” while setting aside approximately half the earth’s surface for themselves.

    https://www.youtube.com/watch?v=UYxZynJbqOQ

  • bosunj

    The more I think about it and read excellent articles like this one the more convinced I become the only rational solution is the one acted out by the protagonist Henry Bowman in “Unintended Consequences” by John Ross.

  • Tim Hadfield

    World War 3 will sort this out. All the problems vanish, once we are on a wartime economy.

  • Texas Arcane

    10th generation. Glubb limit. Don’t be scared, it is always like this in the end. Right before the dawn there has to be the long night and it is not easy.

  • Bring Back The Bradbury On the 7th August 1914, in order to avoid a run on the banks, the Treasury issued Treasury Notes signed by John Bradbury – a form of national credit backed only by the credit of the nation. We require that the Treasury immediately restarts issuing such interest-free money, based upon the wealth, integrity and potential of our country. Such an initiative would completely remove the hold the banks have over the nation, and would kickstart a productive economy.

    https://youtu.be/ZsXI38ey-nY

  • JosephConrad

    THE CAT STATUS QUO FAILED BECAUSE THE MICE WERE/ARE COWARDS.
    IN THE U.S., MICE OWN 389 MILLION GUNS & TOP ONES WORK FOR THE CATS.

    UNTIL THE MICE UNITE, KILL & EAT THE CATS, THEY MUST STOP WHINING.
    IT ONLY INCENTIVIZES THE CATS TO KILL & EAT MORE MICE !