Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Friday, March 19, 2010

Young (and not so young) and without a Plan

It's fascinating when certain thoughts are percolating in your head and then you read an item on the web that validates your thinking. Just today, I read this article:

An American Mutant: A Three Part Series on the Man-Child (Part 2)

This was only the second part of a three part series, but this was the part that really caught my attention.


Here is Part 1: An American Mutant: A Three-Part Series on the Man-Child

And Part 3 here: An American Mutant: A Three Part Series on the Man-Child (Part 3)


 It's a fascinating look into the culture of the man-child, of the perpetual adolescent who does not want to grow-up, like the old "Toys 'R 'Us" commercial used to say in its jingle.

 I will not repeat here what the Author, David Masciotra discusses in his article (or rather series of articles), but rather I want to expand on his theme. I believe that a lot of his points are not only valid, but illuminating about today's culture. I have seen the man-child in action. But the man-child is not a symptom of only this generation -- it exists in Generation X, it also blossomed in Generation Y also known as Millennials. What scares me the most is that I have some first hand knowledge of the man-child. I have seen him in action. And I am writing this in hope of preventing the "man-child" from passing unto the next generation.

 The man-child has his own hours and his own schedule. The man-child does not believe in the same productive hours that the rest of society functions in... Is that really a description of a modern day "slacker"? What is a "slacker" after all, but a man-child wanna-be? But the "slacker" has been identified as one who could be suffering from depression. And the man-child? David Masciota says:
"...[they] have no plans for their lives, and the most terrifying part of that is that no one seems to care enough to do anything about it. Their parents reportedly bicker at them but refuse to levy any threats or ultimatums."
 Could it possibly be a lack of self-esteem? Many years ago, I was lucky enough to be given a set of these powerful tapes by self-help guru Jack Canfield. Their title was: "How to Build High Self Esteem.". I realized then one of the biggest problems facing me was the man looking back in the mirror. The lack of self-esteem can be a major hindrance going forward in life. It stops you from having goals, whether positive or negative, any kind of goals. It sometimes robs you of the will to live a normal life -- all you want to do is just get by. It can lead to depression pretty easily.

Is it any wonder, with the world we all have to deal with today and the problems that we have to face how some otherwise sane people choose to "tune out" the world around them and how the same world in kind treats them:
"Political and social institutions ignore them, which is not surprising considering they also ignore the unemployed and undereducated who desperately want a college degree or fair-paying job, and the surrounding community seems to take an apathetically tolerant position regarding their presence.

This may not seem catastrophic, and it certainly is not when compared to people who are forced to live in the margins of inner city or rural poverty. However, the rising number of middle-class males who voluntarily accept roles as fringe figures, misfits, and aimless snails signals deep trouble for a nation undergoing cultural decay, economic collapse, and communal breakdown. The Wall Street Journal reported before the super-recession that the current young generation of men is the first that will be less successful than their fathers.

The financial collapse and unemployment epidemic raises the stakes for the current generation, and may result in a pyramid future where the few upper and middle-class born men with drive and ambition rise to the top, and the rest—the poor and working-class who are uncounted by the powerful, along with the man-child section of the middle-class—fill the bottom."
  There is a pattern here. A self-perpetuating pattern. If you want to live in mediocrity, those around you will let you be part of their tribe. The institutions are geared towards allowing you to be "buried" in this mediocrity, and your parents... well, even if you were lucky enough to have immigrant parents, there is only so much they can take. Their walls have chips and cracks in them and they are crumbling. They have given-up trying to prop you up, to build you up to help you gain a leg-up that ladder of success that is America, because America has wore down on them as well. The land of opportunity is calling in its chips and its collecting, and a lot of people are coming-up short.

 When after so much struggle, after you have achieved your goals, or even some goals, and you have reached some level of relative success, the collapse of what used to be the American Dream is starting to affect even those who can not be categorized as a man-child or "slacker", then something somewhere has gone terribly wrong. Yes, it has affected me... Oh, I won't say that I am exhibiting the symptoms of the man-child in all its glory: For example, I won't be out, until all hours of the night, keeping to a night-owl schedule that would lead me to being compared to a vampire. Nor would I drink myself into a stupor; but just maybe I get my kicks from some wonderful prescription pain meds, or even over the counter ones. Or for a change of pace, I have zero motivation to achieve anything new in my life, to progress beyond where I am right now. After all I say, in this current climate, "what would that get me?"

 The powerful and the rich have everything locked-up in this world, and those in authority, those in the corporate world tell the rest of us what to think and what to do. In light of this, what can I do? But dammit, I think I can still make a difference with the younger generation. Maybe I can influence a nephew or a niece, maybe I can influence someone reading this blog to change their way. I certainly thought better of myself once, and succeeded mightily, broke past the family traditions and achieved things beyond what would have been possible. Now, this success is not uncommon for this family, is not uncommon for immigrants like us at all. But the lesson here is this: Standing still is not the answer. Playing the video game, watching TV, drinking that drink, taking that pill, that is not the answer. The way forward is make a positive step every day, is to say:
"Today is another day, a better day than yesterday, and today, I will do ONE thing more that I did not do yesterday."

I promise to change.

I hope those who can change, those that have read David's seminal 3-part series and my blog, will also change for the better.

Friday, March 05, 2010

The Arrogance of the Germans

Yes, it is true that Greece is suffering some economic woes recently. And yes, it is also true that a lot of what is going on can be attributed to reasons both internal and external. It will take a very long post to discuss everything that has been going on with Greece's Debt Crisis. All you have to do is perform a Google search and then read a bit on it. Unfortunately, you won't have the advantage of being able to "Read" the Greek Language, and therefore, read the Greek Perspective on these news.

Still, despite that handicap, and despite some of the misinformation that exists out there among the general public, information exists for people to have a general understanding of this issue; (As an aside, isn't that the general rule? - as people, get less and less inclined to do their own research and learn everything there is to know about an issue, they become trusting of dubious sources, who are very likely to misinform, sometimes due to ignorance, but most of the time due to a willful decision to promote an agenda).

So among the debate as to what Greece must do to overcome this crisis, comes an article in the German Language magazine "Bild" quoting several German MPs , that Greece must sell part of the country in order to pay off it's debt. They propose not only selling the Acropolis, but also selling some of the uninhabited Greek Islands. This logic, comes from the same minds, and the same people who provided the world with the Nazi Party and the world's greatest mass murdered - Hitler. Is it any wonder that Greeks all over the World are up in arms over this suggestion?


The truth is that there is a certain arrogance that superpowers, whether economic or otherwise, have always displayed when dealing with small countries such as Greece. The truth is that this arrogance is one of the reasons Greece "lost" Asia Minor to the Turks in 1922, and over 2 million Greeks were displaced and thousands were killed.   The truth is that this arrogance is what led to the partition of the island of Cyprus in 1974, when Turkish imperialist designs went unchecked by the USA and thousands of Cypriots were displaced. We see this in play today in Darfur, we saw it in play in Rwanda, and in the ongoing wars of Iraq and Afghanistan. Superpowers can come-up with any kind of excuses they want when they want to justify the means by which their foreign political goals are achieved. And don't for one minute think that this doesn't have something to do with Economics and Geo-Politics.


It remains the big secret that "Oil" in some quantities has been discovered under the Aegean Sea. As the Geo-Political situation now stands, the Aegean Sea is Greek Territorial waters. Once in the recent past (1986 to be precise), Greece and Turkey almost went to war, when Turkey decided they wanted to send an oil exploratory vessel out into the Aegean Sea. That attempt was thwarted, as was a later attempt to take over the Islands of Imia by Turkey. What these continuing efforts by Turkey show is an attempt to undermine Greek Sovereignty in the Aegean Sea, to question the Status Quo, and to "open the gates", at least in the international public's mind, that Turkey has a rightful claim both on portions of islands and territories in the Aegean Sea and by extension, the resources present underneath.


I am also reminded that the members of the German Parliament and Chancellor Merkel's government who made the comments they did, are "right wing" and of a background with dubious ties to other right wing agitators and parties in Germany.  Let us also not forget two other important facts. Germany has a very high Turkish immigrant population that is very active in the national politics there and in supporting Turkish positions within Germany and in the European Union (EU) in general. And though this link is strenuous at best, and not much can be inferred from a mere glance, I offer it because it does make you think: During the Nazi party's ascendancy and dominance in the early 20th century, they had a friend in Turkey, even though they supposedly maintained a neutral stance until February 1945, when they finally declared war on Germany.



So, would it be a stretch to ask, that with the availability of resources in the Aegean Sea, and with Germany having a friend in Turkey, that what these German politicians are really promoting is the idea of Turkish imperialism under the guise of Greece selling its assets on the open market? This as a way to get at resources, resources that big Nations such Germany, an economic superpower need to continue functioning in the world economy.  It makes one think, doesn't it?




Finally, for another perspective on the Greek Debt Crisis, watch this short informational YouTube video:

The Greek Debt Crisis Video