I dag har vi en planøkonomi innenfor bank og penger, som er tydeligst i at vi har en sentralbank og papirpenger. Alle papirpenge opplegg har alltid skapt enorme ulikheter, ødelagt realøkonomier,skapt enorme gjeldsbyrder, konflikter, handelskrig og tilslutt hyperinflasjon. Det er ingen grunn til å tro at dagens penger ikke tilslutt vil gå den veien.
Ideene som eksisterer i samfunnet blir da relevant, og dessverre i Norge, USA og Vesten generelt har særinteressene såpass kontroll og munnkurve over ide debatten at en fornuftig forklaring av finanskrisen og kritikk av pengesystemet ikke slipper til i mediene.
Men ironisk nok i Kinas ide-debatt så er disse markedsliberale ideene mer populære. Som rapportert i Wall Street Journal.
“Three years ago, Keynesianism was official policy. The 2008 financial crisis had Beijing gloating over the failure of the free-market “Washington Consensus” and touting the “China Model” of government intervention. Keynesianism fit the statist zeitgeist and Beijing then suffered an export slump, so the government allocated $3.5 trillion—or about 50% of gross domestic product—in bank loans and direct spending.”
“Mr. Zhang’s academic colleagues were all praise for the “China Model,” but in 2009 he was giving speeches entitled “Bury Keynesianism.” Then a top administrator at Peking University, where he now teaches economics, he argued that since the financial crisis was caused by easy money, it couldn’t be solved by the same. “The current economy is like a drug addict, and the prescription from the doctor is morphine, so the final result will be much worse,” he said.”
“In other words, the stimulus was a poster child for Mr. Zhang’s Austrian theories. And the sheer size of the failure suddenly has people paying attention. “The Keynesian policy didn’t deliver what it promised,” he says, so “more and more people realize that . . . when the government makes investment [in] something that’s useless, recession will come.””
” He says that when he recently wrote an article praising the late Austrian economist Murray Rothbard, the Communist Party secretary of Shanghai—a fairly high-level apparatchik—told him he liked it.”
“Mr. Zhang is optimistic because he thinks 30 years of openness have altered expectations. “We have a lot of trust in” markets today, which is why the last decade’s anti-market turn has exasperated people. Mass protests against land grabs and other government bullying now number 180,000 a year, according to government data compiled at Beijing’s Tsinghua University. These protests are hard for the party to ignore—and powerfully make the moral case for free markets.
“We human beings always seek happiness,” says Mr. Zhang. “Now there are two ways. You make yourself happy by making other people unhappy—I call that the logic of robbery. The other way, you make yourself happy by making other people happy—that’s the logic of the market. Which way do you prefer?””