Tags

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,


Berlin Wall

In yesterday’s post titled Alternative Realities – Polar Bear Hunting, we tapped into a regular theme of this blog that could be summed up with the catchy witticism “what you see ain’t necessarily what you get”. An example of the above catchy phrase could be the reported story of the one American cardinal who turned to the TeamBergoglio American cardinal and remarked “we were sold a different set of good”. But I digress…

The point of yesterday’s post was nothing more that to provide a clear and concise example of the fact that “alternative realities” exist in the wider media environment, regardless of whether they are based on “objective reality” or not. In an earlier age, a story such as the Reuters one identified yesterday, based on a false premise would have been caught by the editorial staff. However, we are living in times where “objective reality” is for the most part suppressed and in its place different “alternative realities” are actively promoted. Today we will try to drill down to the root cause of this phenomenon and try to explain how these “alternative realities” arise.

Just to review yesterday’s observation made by Rush Limbaugh, here is the relevant passage: (see here)

There’s a new story out, and it’s from Reuters: “Most Americans See Combating Climate Change As A Moral Duty.” Oh, really? How can this possibly be when most Americans don’t even think it’s anything real anymore? Well over 55, 60% don’t even think it’s real. And of the people who think it’s real, it’s way down on the list of important issues. It’s not the top issue that the left wishes it were.

The truly amazing aspect of the above “phenomenon” (what else can you call it) is that it happened at a “purported” news and information agency like Reuters, one of the two main information providers to the financial markets, financial markets that “supposedly” are the epitome of “objectivity”. Please recall that financial markets can only operate under a “capitalist” economic system. And just to remind you dear reader of how a “capitalist economic system” is defined, here is the relevant passage from the Man Marking Marx –The Visible Hand post: (see here)

Capitalism is an economic system in which trade, industries, and the means of production are largely or entirely privately owned and operated for profit. Central characteristics of capitalism include private property, capital accumulation, wage labour and, in many models, competitive markets. In a capitalist economy, the parties to a transaction typically determine the prices at which assets, goods, and services are exchanged.

In order to understanding the gravity of this above described phenomenon and to help explain the underlying cause for the existence of “alternative realities”, it is very important to understand the last sentence. The accuracy of prices is determined by the accuracy of the information on which those prices are determined.

What we are observing in the Limbaugh quote is the “corruption”, to use an academic term, of information.

To be more precise, the implication of what we are observing in the Limbaugh post is that “prices at which assets, goods and services are exchanged” could be based on “corrupted information”, i.e. information that is imperfect or faulty.

The wider implication of the above is the following: if this type of situation can occur in the financial markets, how much more prevalent must these types of occurrences happen in other areas of human endeavor that are not put up to the microscopic analytical scrutiny 24 hours per day, from Tokyo market open at around 5:00 p.m. New York time on Sunday to 5:00 p.m. New York time on Friday, every week of the year.

Or to put it another way, how prevalent must this phenomenon of “corrupted information” be in an “enterprise” that has been the epitome of economic (and not only) failure over the span of the last 50 years, such as the post conciliar church of “the new springtime of the spirit of Vatican II”?

Think about this for a minute or two.

Which brings me to another post that appeared yesterday at the Radical Catholic website, a post that neatly ties in the essential issues of the implications of introducing corrupt information in both the financial markets and the Catholic Church. The post is titled On PewSitter, Priests and Catholic Divisiveness. (see here) In the post, Radical Catholic makes this brilliant observation: (emphasis added)

The reason why the terms ‘left’ and ‘right’ are to be rejected as applying to groups within the Catholic Church is the very same reason why those who defend the Catholic faith must take such a clear and uncompromising position. There is a spectrum of political positions, but there is no spectrum of truth. A proposition is either true or false, a conclusion either correct or incorrect. Either you accept it or you do not. If Fr. Longenecker can’t see that the motivation of faithful Catholics is comprised of something far nobler than “tribalism” or “partisan bickering,” I’m afraid he’s missed the point entirely. We do not take this position simply to counteract the progressive forces in the Church. We take this position because our faith and our fidelity to Christ’s Church demand it.

At minimum, this above passage is correct for this reason and this reason alone: when we are dealing with areas of human endeavor that have a direct bearing on the functioning of the individual in particular and society in general, we are dealing EXCLUSIVELY with “objective reality”, therefore we are dealing exclusively with TRUTH.

This truism must hold equally for the price discovery function provided by the financial markets as it must hold for the Depositum Fidei of the Holy Roman Catholic Church.

Now this is not to say that everyone subscribes to the above truism. Examples of “falsisms” are plentiful, and the logical anomaly described by Rush Limbaugh is a perfect case in point.

The wider consequences of maintaining and promoting a situation where “objective reality”, i.e. “TRUTH” is either ignored or even suppressed, carries with it consequences not just for the individual and institutions, but for society as a whole.

In the secular world, an example of a society founded and based on “corrupt information” is the former Soviet Union. For those who are old enough to remember the Cold War, the ultimate disintegration of the Soviet Union was known and predicted by all “reality based” analyst since the first winter under Bolshevik rule in 1917. Yet 67 years later, the sudden decision of Gorbachev to pull the plug on the socialist experiment came as a shock to even the most “reality based” analysts. And if that wasn’t enough, the collapse of the East German communist government and the symbolic “bringing down” of the Berlin Wall caught not only the analytical community by surprise, but the entire West German government including the Chancellor Helmut Kohl.

In the Catholic world, we are seeing a parallel process taking place before our very eyes. This process is similar if not identical to the one that brought down the Soviet Union. The root cause that ate away at the economic foundation of the Soviet state can easily be identified as the same “corruption of information” that is causing not only the economic disintegration of the Catholic Church as an institution, but also the disintegration of the Faith, the only means of salvation provided for man.

And watching this disintegration of the Catholic Church, with the vivid memory of the fall of the Berlin Wall still embedded in the mind of this humble blogger, all that can be said is:

Been there, done that, got that seamless garment!

Advertisements