Thursday, November 17, 2005

Black Economics?

Though many people have heard economics described as the "dismal science" few are aware of the origins of the term. The phrase was first used by Thomas Carlyle in his book "The Nigger Question" written in 1849. It is also worth noting that during the time Carlyle was writing; assorted academic papers, newspapers, books and magazines all took for granted that the world and its resources were for the exclusive use of the white race. Richard Heilbroner in "The Worldly Philosophers", notes as much when he (belatedly) discusses imperialism and "Anglo-Saxon infallibility" in chapter seven.
More modern a reflection on the theme is given by Samuel Huntington in his "The Clash of Civilizations and the Remaking of World Order", copyrighted 1996. Quoting Jeffrey R Barnett, Huntington writes, "(Western nations) Own and Operate the international banking system, Control all hard currencies, Are the world's principal customer, Provide the majority of the world's finished goods, Dominate international capital markets, Exert considerable moral leadership within many societies, Are capable of massive military intervention, Control the sea lanes, Conduct most advanced technical research and development, Control leading edge technical education, Dominate access to space, Dominate the aerospace industry, Dominate international communications, Dominate the high-tech weapons industry." Huntington also writes, "..is the only civilization which has substantial interests in every other civilization or region and has the ability to affect the politics, economics, and security of every other civilization or region. Societies from other civilizations usually need Western help to achieve their goals and protect their interests." Note that "Anglo-Saxon infallibility" has been transposed with Western nations.
It would seem that in the ensuing 156 years Carlyles' question was answered. No wonder Noam Chomsky speaks of not intelligent but "Malignant Design."
The black economist has heard no reports of federal reserve chair nominee Ben Barnake being questioned about such things and seriously doubts that he will.

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