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In their vainglorious attempt to pose as accurate and, thus, "respectable", scientists, economists refused to admit that capitalism is not merely a compendium of algorithms and formulas but mainly a state of mind. It is an all-encompassing, holistic, worldview, a set of values, a code of conduct, a list of goals, aspirations, fantasies and preferences and a catalog of moral do's and don'ts.
Thus, any intervention and interference are deemed to be detrimental to the proper functioning of the economy. It is a minor step from this idealized worldview back to the Physiocrats, who preceded Adam Smith, and who propounded the doctrine of "laissez faire, laissez passer" the hands-off battle cry. Theirs was a natural religion.
It has since recanted but at the time its upbeat Managing Director, Horst Koehler, conceded defeat in a bet he made with America's outspoken and ever-exuberant Treasury Secretary, Paul O'Neill. He promised to treat him to a free dinner. Judging by his economic worldview, O'Neill is a great believer in free dinners.
How many times in the long struggle have the Soul's aspirations seemed but a hopeless, impossible dream, a madman's counsel of perfection. Yet every finest, most impossible aspiration shall be realized, and ten times more than realized, once the long, arduous fight against the "mind," and the mind's worldview is won.
A worldview is provided, a theory into which the information fits. Information cannot be understood in the absence of such a worldview. An image is a theory about a person or a group of people. It is both supported by information and supports it. It is a shorthand version of all the pertinent data, a stereotype in reverse. Both categories can be formal and informal.
Yet, appearances aside, it does not signal a fundamental shift in Russian policy or worldview. Russia could not resist the temptation of playing once more the Leninist game of "inter-imperialist contradictions". It has long masterfully exploited chinks in NATO's armor to further its own economic, if not geopolitical, goals.
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