STAFF NEWS & ANALYSIS
Financial Times Wrong About Experts, Populism and Internet Truth
By Daily Bell Staff - July 31, 2016

Global disorder: from Donald Trump to the South China Sea … The belligerence of domestic politics is spilling on to the world stage … Take a harder look and some uncomfortable patterns emerge: rising nationalism, identity politics, disdain for institutions and a fracturing of the rules-based international system. Governments have lost control, and citizens faith. The belligerence in domestic politics spills over on to the global stage. This is not quite a Hobbesian world but the direction of travel is evident. –Financial Times

The elite’s controlling propaganda is failing.

This article that appeared recently in the Financial Times is a perfect summary of both elite memes and their increasing malfunction.

Here’s the crux paragraph:

The populist credo replaces patriotism with nationalism and promotes contempt for traditional institutions. Anyone styled an “expert” is in cahoots with the elites. Everyone has a right to produce their own “facts”.

You see? The misinformation is not being gratefully received anymore. We’ve pointed them out in the past, HERE:

Brexit Politics: Elites Set Up New Conflict Between Populism and Globalism as Chaos Looms …

Did we ever think we would see the day when the New York Times would willingly acknowledge a battle over globalization?  And it not just the New York Times.

The mainstream media usually doesn’t acknowledge globalism as an issue. Like central banking it is simply asserted as a fact, as natural as the air we breathe.

But now all of a sudden we are finding out it is a policy after all – something made by the hand of man and not descended from on high.  And thus what may be a new dominant social trend: Globalism versus Populism.

And HERE we covered the especially obnoxious meme of the “expert.”

Now here’s an interesting reversal. A Bloomberg editorial that blows up a powerful dominant social theme …

The technocrat is the white knight of the modern age, going wherever the need for his services is the most acute.  Such technocrats rarely fail, according to the mainstream media.

Or when they do, it’s not reported.  The emergent international state is to build on corporatism and be populated by technocratic experts.

The FT graf goes on to mention the following:

Big business, the banks, globalisation — call it what you will — are the enemy of the white working classes.

The rise of populism and contempt for experts, according to the Financial Times, is leading to active dislike for big business, the banks and globalization.

We too have problems with populism. But as we’ve pointed out, globalism is being set up as an alternative to populism.

Western elites obviously have in mind contrasting the smooth technocracy of globalism with the raucous simplifications of populism in order to make a case for continued, robust internationalism.

The “expert” meme is part of this larger, putative, pitiful celebration. Technocratic experts march hand-in-hand with globalists to create a better, “new” world.

Experts are a bottom-line necessity because they support central banking. If one grants that foretelling the future is impossible, then central banking itself becomes unjustifiable.

Central banking provides the war-chest for globalism. Without the ability to print money at will, internationalism is de-funded.

And yet … there are no experts. Or not ones that can foretell the future. Sorry.

Over time, it is impossible to anticipate the future because people will not necessarily travel in one direction but will adapt their behavior as necessary.

That’s why, most notably, Thomas Malthus was wrong when he predicted starvation in Britain in the late 1700s HERE. He saw the population was growing faster than the food supply and predicted starvation where the lines crossed.

But it never happened. Perhaps people started to plant gardens instead of waiting to starve.

Human action.

Government programs, laws, economic and military projections based on predictions of human activity are all at least to some degree invalidated by the iron-clad reality of human action.

You can’t really predict the future because people won’t always act the way you expect them to but will REACT in ways that you hadn’t anticipated.

FT, in its discontent, mentions “big business.” In fact, the multinationals may as well be small nation-states – and just as incompetent.

Larger corporations are the inevitable outcome of patent law (intellectual property rights), corporate personhood and central banking.

Remove the “three legs of the stool” and “big business” would undergo a thoroughly deserved collapse.

Not all of the above is known to those who are currently registering their discontent about the current system.

But enough is known so that people increasingly have a healthy hatred of the “system” as it has evolved.

It is the Internet that has fostered today’s discontent and no doubt tomorrow’s as well.

The Internet is not mentioned, however. As usual, only the symptoms are discussed with a vague warning that if the current variant of civil society is not “respected” then chaos will ensue.

In fact, it is the current elites that are fostering this discontent and the pace has picked up dramatically with what we call the Internet Reformation.

The propaganda that is in place is intended to drive internationalism.

But with the advent of the Internet, the propaganda has become exposed. The 21st century is much different than the 20th in terms of how these elite memes are regarded.

And so we have FT lamenting that people are increasingly disgusted with their promoted untruths.

Experts, globalism, big business – all have lost credibility not because the world is mysteriously becoming a Hobbesian place but because people are increasingly finding out the unfortunate and even shocking truth about their lives.

Much of what they believe in and have been taught turns out to be a kind of massive manipulation of the truth.

The Financial Times wants to treat these dawning realizations as manifestations of an increasingly ignorant public reacting to the inevitable march of history. Discontent is the result of contracting wallets.

FT also wants us to  believe that international disorder is the result of people’s inchoate unhappiness.

In fact, from what we can tell, elites themselves are provoking disorder in order to try to dissuade people from investigating – finally – their own circumstances and misery.

Conclusion: W·e shall see how all of this  is received. Here’s a hint:  It may be too late. You’ve picked the wrong century to insist on your untruths. The world generally is traveling in another direction. And there are about 7.000 of you and seven billion of “us.”

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