Comments on: Draghi’s growth babble is no retreat on austerity Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 By: Ivo_Cerckel Sat, 28 Apr 2012 13:36:09 +0000 Everyone agrees that growth is good?
Hi, I’m Leviathan, aka guv’mint.
Although I work very hard to let the sheeple believe I am interested in their welfare, what I really want is to control them.
Such control is easier when everything (or Being itself) is, as Parmenides, 5th century BC, demonstrated, stable.
How dare you argue that everybody, including me, is an admirer of Heraclitus, same century as Parmenides, holding that everything is or rather should be in the stormy flux of growth and thus of change or instability?
The lunatic Aristotle, 4th century BC, emphasised the real meaning of relative non-being found in things when he discovered a real principle of limitation, namely, potency. Thus, he formulated the Principle of Non-Contradiction (PNC) “Something cannot be and not be at the same time and in the same sense.”

President Hollande thinks that growth will come from the rest of the world while France avoids the painful domestic reforms which are underway in most of Europe?
Contradictions can exist in reality but they cannot be grasped by the mind.
The reason for this is that the PNC is not applicable to reality, only to human thought.
But Hollande’s socialist mind cannot grasp the PNC?
The law of the excluded middle says that growth is good or not good – “tertium non datur”.
But if Hollande’s mind does not accept the PNC, it cannot take a position as to the desirability or not of growth.
If Hollande wants to govern
(Victor Hugo clearly demonstrates in “The Man who Laughs”, “L’Homme qui Rit”, that this verb has a naval origin),
it will be easier for him to do that in an environment of stability, not a stormy environment of growth and instability.

“Canst thou remember A time before we came unto this cell?”
(William Shakespeare, “The Tempest”, 1.2)

By: PerKurowski Thu, 26 Apr 2012 22:38:00 +0000 Mario Draghi now calls for a growth compact? Come on, what does he know about “growth”?

As a Chairman of the Financial Stability Board he, like most regulators of the current crop, showed an incredible risk adverseness, reflected in allowing very low capital requirements for banks when financing the carbohydrates which were perceived as safe, like Greece, in contrast with the much higher capital he required banks to have when financing the “risky” proteins such as the small businesses and entrepreneurs.