Every now and then I’ll give a short insight from Fred Harrison’s great new book “The Traumatised Society”.
Fred Harrison is a seer. Unlike many of us, he is unable to deny what his knowledge, experience and common sense tell him is true in matters of economics.
Consequently, all of Harrison’s forecasts regarding the timing of economic collapses since he published “The Power in the Land” in 1983 have proven correct. Regardless, politicians such as Gordon Brown, Tony Blair and David Cameron have preferred to remain in denial about them. This denial has proven to be to the world’s increasing financial and social distress.
That’s our problem. Unlike Harrison, policy makers and politicians remain wilfully unconvinced of the premise that private capture of the social surplus is destructive: that rent-seeking is cheating.
Why don’t I start at the end, at the epilogue of “The Traumatised Society”, to show Harrison sees war must be the inevitable outcome of all this institutionalised cheating?