EKIP– Expert Club for Economics and Politics A Different Opinion
Author: Yaroslav Romanchuk
Group and class interests are tearing apart the foundations of institutions of freedom and the market. Women, sexual minorities, racial, religious, environmental, ethnic and all sorts of different groups are demanding their rightful place not only in the system of governance, but also in the management of business and international public organizations. The tyranny of organized minorities is nullifying traditional institutions and mechanisms of governance, access to the market and achieving success. We have reached direct quotas, especially among the most active and organized groups.
Affirmative action (positive discrimination) as a way to ensure access to educational institutions for the poor and African-Americans has quickly spread to many other areas. Quotas are increasingly prevalent in state governance, corporations, and even cinema. In some countries, private companies now require a certain number of women to sit on their boards of directors. Hollywood cinema has become a compendium of political correctness and multiculturalism. Of course, I am against all forms of discrimination, for equality before the law and equal legal opportunities for every homo agens, regardless of skin color, religion, race, or environmental/sexual/philosophical orientations. But I am also against the equalization and violation of the objective laws of nature and man. Objectively speaking, every person is a unique valuable, informational subject – homo agens (acting man). Equality (anatomically or materially) is objectively impossible. All attempts to achieve material equality have ended in tragedy (USSR, Cuba, North Korea, etc.). Today, attempts to equalize group interests lead to the erosion of the values of Western civilization. Like mushrooms after rain, various new groups and minorities are sprouting. At the forefront of the new collectivism are gender guides, LGBT societies, ecologists, zoophiles, botanists. They tear the fundamental concept of “human rights and freedoms” into a thousand pieces, they managed to impose on governments and society a cruel political correctness and multiculturalism, which even, according to the leaders of many European Union countries, does not achieve the set goals.
The problem is not what homo agens has in his pants, what color his skin is, or what god he prays to. The problem is what he has in his head. Political correctness leads to situations in which the “gender” factor prevails in decision-making, to the detriment of professional qualities and results. What does it matter that many important and influential international organizations are headed by women, if they are just a continuation of the extremely dangerous, populist, ruinous policy of small businesses and developed countries?
For every Margaret Thatcher, we have a thousand Clary Zetkins and Rosie Luxemburgs.
Let us give three striking examples. Today, Christine Lagarde heads the European Central Bank (ECB). Before that, she headed the International Monetary Fund (IMF). As head, she acts in the spirit of the worst traditions of legalized counterfeiting, printing trillions of empty euros, saving troubled and lying banks from bankruptcy, and fighting against private monetary alternatives. Her appointees ignored the fact that she was found guilty of financial negligence by a French court. The “gender” factor turned out to be more important than professionalism and decency. Now, under her leadership, the ECB acts not only as a lender of last resort, but also as a lender to governments and a savior of the ambitious plans of those who dispose of foreign assets. Lagarde is part of the elite group of supporters of the over-centralization of money and total control over private means of payment. She would not mind eliminating cash so that a group of aristocratic technocrats could then, in the name of saving humanity from the greed of rich countries and corporations, switch to an electronic Big Brother regime over all cash flows. It is abundantly clear that this Big Sister acts in the interests of the immoral and destructive group of big governments and too-big-to-fail corporations.
The second female character is Janet Yellen. Today she is the US Secretary of the Treasury, having previously headed the Federal Reserve. She plans to continue using the dollar as an instrument of salvation and non-market support for the strong American relationship between the big state and large banks and corporations. She calls for action on a large scale. If not, we are waiting for a recession and problems in the economy. “Large-scale” means pouring trillions of dollars into government bonds and stocks/bonds of large financial corporations. Neither Janet Yellen nor Christine Lagarde think about the impact of such monetary behavior on the capital structure in the US and the world. The distortion of the capital structure, the activation of currency wars that lead to a decrease in the competitiveness of low- and middle-income countries, the trampling of the fundamental principle of fair and just competition between countries and within countries themselves (small businesses always suffer), and a sharp increase in inequality (the rich always know how to manage freshly printed money) – these are the fruits of these women's hands.
The third character is Kristalina Georgieva. Today she heads the International Monetary Fund (IMF). She is not distinguished by anything except her nomenclature-bureaucratic discipline both in the Bulgarian government and in the European Commission and the Central Bank. She is closely involved in mainstream topics such as sustainable development and ecology. Today she “chants” for expanding the powers of the IMF, supports the nationalization of economies and justifies the currency wars of the central banks of rich countries. She is also an advocate of large-scale state interventions and investments. But not a single criticism of the dangerous behavior of central banks and governments is heard. Kristalina Georgieva continues to switch developing countries to standard technocratic programs, without paying attention to the unintended consequences and the costs of maintaining the Leviathan’s general state interventionism. The IMF has become an organization that kneels before its intellectual patron – J. Keynes. Kristalina Georgieva proudly explains how governments have spent $12 trillion to combat the crisis. Central banks have “printed” $7.5 trillion. These measures are perceived only in a positive light, although the debt of developed countries in 2021 will reach 125% of GDP, of developing countries - 65% of GDP, of low-income countries - 50% of GDP. Rich countries with more powerful printers share a small part of their resources with the IMF (credit resources - ~ $1 trillion), and the Fund is fighting global warming, inequality, macroeconomic imbalances, not daring to criticize those who provoke them, because they still give money to the IMF.
Christine Lagarde, Janet Yellen, Kristalina Georgieva – this is a tribute to political correctness, a manifestation of the pressure of collectivists, a distortion of the objective world with multiculturalism, racism, sexism, environmentalism and other group interests. They are all trying to tear off their piece of the Leviathan pie and they are all united in the need to increase it. Lagarde/Yellen/Georgieva help them by turning a blind eye to the most dangerous relationship in the world - Big Government and Big Business from the category “too big/too important to fail”.
Translation: Marina Zaharieva
