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Prolog - Part 2: The (real) Principle of EconomicsThe research element of this prolog is designed to accomplish the following objectives:. (1) To illustrate the fundamental principle of economics; (2) To illustrate that there exists only one such principle, not two or three; (3) To illustrate the financial aspects of this principle; (3) To illustrate that the present world-financial and economic system is doomed beyond repair; (4) To illustrate how the breakdown of civilization can be prevented by preempting the disintegration of the doomed world-financial and economic system. Actually, the real goal lies beyond this. The goal is not just to illustrate a principle, but to do this in such a way that the reader comes to the conclusion, based on an understanding of this principle, that our present economic system is hopelessly doomed. Then, perhaps, the reader will be motivated to take action towards rescuing society and protecting human civilization. If this goal is not achieved, then please forgive the author of this article for having failed, for then your life is in danger, and the danger continues to be hidden from you. So, how does a person go about achieving the goal that must be achieved? I suppose, the first set of questions that should be answered is probably the most natural set of questions a person might have about the principle of economics: How can I know what this principle is? How can the principle be distinguished from what is mere opinion? The world abounds with people who have strong opinions about economics. How can one 'measure' this principle to determine what is truth? Can we judge truth by its effect? In order to answer the first question, we need to go to the laboratory. I propose that we take a knife and go together to a grocery store. I will select one of the yellow fruits there, peel off its skin part of the way, and then hand the fruit to you with the statement that this is a banana. I will invite you at this point to take a big byte of the fruit to test its flavor. Finally I will ask you to tell me if my statement, that this yellow fruit is a banana, is a statement of truth. You may laugh here. The answer is obvious, isn't it? Virtually everybody knows what a banana looks like, what it feels like, and what it tastes like. But what about economics? How does an economic process relate to truth? What is the criterion for judging its truth? The American economist and statesman, Lyndon LaRouche, has defined precisely such a criterion by which truth in economics can not only be determined, but can be measured. He states that in this specific realm truth is located in the" increase of the potential population density" of a region, a country, or a world. This statement defines what one should reasonably expect from an economic system as its accomplishment. Evidently the success of civilization is not measured by how many millions or billions a few individuals have been able to leach out of the economy of a society's labor. Rather, it is measured by how well a society as a whole is able to support its existence. Here, the LaRouche measurement comes into play. Truth in economics, located in the increase of the potential population density. In order to test the principle of economics for truth, let us go back to the beginning of civilization, to the time when humanity was made up of hunters and gatherers. For the sake of this exploration, let us assume that a certain valley was biologically rich enough to support a group of thirty people. They would hunt throughout the valley. They would gather up its fruits and grain. They would do this year after year. Naturally, there would always be enough food available to sustain a group of thirty people. However, when additional people would come into the valley to settle there, an equal number of people would die. || - page index - || - chapter index - || - Exit - ||
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