Gefira #42: Finances and ideologies

Description

The global financial system with its two powerful pillars – the IMF and the World Bank – continues to play a big role. It needs to cope not only with the pecuniary processes but also with other global occurrences because these have a direct impact on markets, stock exchanges, manufacturing and services. The outbreak of the notorious epidemic that is on everyone’s lips is just such an event. It has economically impacted China, the world’s factory, and now it – or rather the precautions taken against it – is ravaging Europe and the United States. Businesses are ordered to stop operating or to limit their activities while people need to make their living if only to pay the fixed costs such as rent, credit, leasing, employee remuneration and the like. Yes, governments offer solutions and these include tax exemptions or they provide citizens with unearned money just to allow them to survive. Does it not resemble the quantitative easing of a few years ago? Yet, the divergence between the amount of money available and the amount of goods and services is not going to ameliorate the economic problems.

It is not money alone that make the world go round. Ideology is the other wing, so to say. Ideologies are fashioned within organizations – they are known as institutes, clubs, think-tanks, schools and what not – and they spread and infect people like biological viruses. They come in the form of globalism, diversity, feminism, environmentalism, gender-mainstreaming and many others. The relation that holds between ideologies and money is quite complex. Without money – big money – ideologies would not be successful in conquering human minds; at the same time ideologies are powerful enough to attract big money. Billionaires have always been known to financially support new idealogical trends because the implementation of those trends either suits their material interests or simply because they take fancy to such thoughts. The question why particular individuals take fancy to particular ideas must remain unanswered or relegated to the field of psychology. Ideologies are invented within small – clandestine or publicly known – groups and then disseminated among those who are influential enough to run global issues. The same ideas partly trickle down to the grass roots to make the majority of people favourably disposed to the changes that are announced by such groups or ideologues.

Gefira 42 makes and attempt to elucidate the global financial intricacies and penetrate some of the organizations and the global ideological mechanisms that control most nations on our planet.