Laura and I make it abundantly clear in Plunder. When The Rule of Law is Illegal. Plunder needs a scared, terrified or pacified community to take place at full pace. The fall of Dow this days and the hipocritical attempts to remedy it by plundreing another 700 billions is a prove of our argument. Even people with no stake in Wall Street now are supposed to worry about the adventures of the robber barons worried for their golden parashuts. Corporate capitalism makes us adicted to stress so that we need to be efficient and we have no time to exercize our political agency outside of the trite ritual of capitalist polluted elections. We need to choose coffe in the morning, to decide which is the best health plan, the best telephone plan, the best internet provider, the best rate to rifinance our mortgage, the best, the best the best....
Now I believe that the growth of Dow is bad for the world, it increases hubris and plunder. When it goes up it increases greed, pollution, environmental disasters, short term vision. When it goes down they try to tell us that it is bad for everybody... infact it is not. What is bad for everybody is that everybody worries about it rather than worrying for the real disaster that is to come: centuries of human plunder in an incredible variety of forms are killing the earth at a path that we cannot even imagine. Maybe the cllapse of Dow will lead us to be a little more aware of the disaster that corporate capitalism and its religion of growth and development is producing under powerful rhetorical umbreallas.
If you wish to look at numbers more relevant and interesting than the DOW and NASDAQ please read at least the first chapter of Plan B by Lester Brown. Then make the connection yourself with Plunder and why thefal of Wall Street might actually be very good news.
have a good day.