26/11/10 12:03:51 "How Promoting Entrepreneurship Can Grow Our Way Out of Deficits" - The Daily Beast Toxic Surveillance will subvert it.
I hate to be pessimistic, but growth is dead. It's been killed in the last four decades and finally wiped out by Toxic Debt. There has been every opportunity at every economic downturn to make the necessary strategic changes to ensure that economic well being continues. This has not happened. There was a warning called "The Limits to Growth" based upon Jay Forester's "World Economics" published almost 40 years ago to which no one paid any meaningful heed on a broad basis.
If the US wants to get out of the current hole, it could develop the vast oil shale resources which the US government owns within a 50-mile radius of the juncture of Colorado, Wyoming and Utah. But, no one now wants more hydrocarbon fuel development for ecological reasons although this is a phenomenal source of domestic US energy which could help preserve world energy.
Growth in the traditional manner is not a viable option. More important today is sustaining income levels all around. Wealth creation by growth is finished. A way to look at it is the growth stock mania that hit Wall Street in the early 70s and collapsed in 1973/4. Remember the Nifty-Fifty? This is also when "The Limits to Growth" appeared and deception began to emerge as fraud took over to steal existing wealth rather than create and earn it honestly. This evolved into Toxic Debt.
There has to be an acceptance that wealth creation in the future will not be what it has been in the past overall. More and more resource based enterprises will not provide anything other than an ultimate collapse. The entrepreneur and small business of the future will have a tough slog until there is a fundamental shift to a cheap source of energy on a large scale that is renewable and sustainable without polluting.
We are looking at a shift which will take decades and will be the equivalent of the industrial revolution where the horse and buggy and sail gave way to the internal combustion and steam engine. That shift, however, will entail an espionage revolution that we are only just beginning to glimpse. As fast as electronic devices are developed, there will be the ability to monitor and control them by other surreptitious electronic espionage devices. Toxic Debt is turning into Toxic Surveillance as the means to gain wealth by deceit.
There is nothing about this in the above because it is all secret or as the Washington Post has called it: Top Secret America. Toxic Surveillance will do far worse to human economic activity than Toxic Debt ever could. Already there is a massive espionage structure spreading out in the US and world about which we all must learn as much as possible that must be brought under democratic control. At present there is no general knowledge of it since it is secret.
It is not just all the electronic gadgets and devices which are being produced that are subject to this Tempest interception, decoding and control, but it's the human being with his/her electronic brain and neurological system that is also vulnerable. This espionage technology has been developed and has been in use for at least the past decade in my direct experience against the human being, but no one wants to admit its existence.
There will not be a future that resembles in anyway the past unless this problem is addressed democratically. All planning and commentary along with all efforts to get human economic activity on a beneficial footing for all will be subverted and destroyed by this Tempest based espionage technology unless it is dealt with properly. Top Secret America cannot be allowed to become the real government by the few in the US and world.