European Elites And Debt Crisis
Like a nuclear cell, a state cannot exist without a nucleus organized by elites who write its constitution, laws and rules written by and for its dominent interests. Historically and at present, one can observe different types of states which have forms depending on different circumstances, the environment, availability of physical and human resources, technology and the efficiency with which these resources have been organized by elites. That a state can be organized by and for the people is a myth and has never been observed. All states have been organized by and for elites. Change in government means change, formal or total, in elites. In formal change old elites survive and in total change they are replaced by new elites. As to people, they have no choice but to adapt to the laws and rules set down by elites and struggle in the state they live in, and doing what offers them the best chance for individual and collective survival. The deal is elites keep all power, wealth and government in their hands and the people get jobs, social benefits and security, just enough to mitigate unrest. All risks are shifted to the people. The formula works well in growth states, when production fills domestic and export demand, but fails in declining states. People always identify and vote for their elites up to a point, when their needs are met, beyond which formal change is replaced by total change in government, by replacing old elites with new elites and new organizing priciples. Inpractically every democratic government, about half of the eligible voters do not vote and those that do vote split their votes between parties. This makes it easy for elites to control democratically elected government. And, about half of eligible taxpayers pay no taxes (49% in America). This means elites must carry social programs to mitigate unrest.
The issue in the present global debt crisis is who pays government debt.
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