"What started as a financial crisis, became an economic crisis, is now becoming an unemployment crisis - and to what degree does it become a human and social crisis?" Robert Zoellick - World Bank president
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"To what degree does it become a human and social crisis?"
That is the big question isn't it and a rather stupid one, if you think about it. It is as if economic problems and unemployment problems were not occurring among human beings and were not therefore automatically social problems in nature.
That the question could be glibly formulated in this way by the head of the "world" bank is surely part of the problem itself.
In Zoellick's question it seems implicit that finance and economics are like the weather, existing outside of humanity, with laws of their own instead of being human creations that, as humans have made them, humans can remake them... and are remaking them constantly.
That separation of economics from its human component is perhaps the most transcendental characteristic of the "conservative revolution", which appears to be collapsing around our ears at the moment. DS
"To what degree does it become a human and social crisis?"
That is the big question isn't it and a rather stupid one, if you think about it. It is as if economic problems and unemployment problems were not occurring among human beings and were not therefore automatically social problems in nature.
That the question could be glibly formulated in this way by the head of the "world" bank is surely part of the problem itself.
In Zoellick's question it seems implicit that finance and economics are like the weather, existing outside of humanity, with laws of their own instead of being human creations that, as humans have made them, humans can remake them... and are remaking them constantly.
That separation of economics from its human component is perhaps the most transcendental characteristic of the "conservative revolution", which appears to be collapsing around our ears at the moment. DS
