National Geographic on gold...

January '08’s Edition of National Geographic has a cover story on “Humankind’s feverish attachment to gold,” which “shouldn’t have survived the modern world.” The author holds up Keynes quoting him calling it “a barbarous relic.” She opportunistically plays upon “everybody knows it’s bad” word association taking every opportunity to use emotionally charged words like “Pristine” (rainforest) and “SUV”. Also thrown in is the image of a 13-year-old boy “put to work”. The point seems to be that the obsession with gold has caused corporations to destroy the environment and that the “social cost” of mining gold is unacceptable. They do publish some letters of about 100 words if anyone wishes to refute or counter argue.

JB

Sometimes it really seems as if National Geographic is just a front for ecosocialists.

Could it be, gasp, that this is because of incomplete enforcement of property rights, rather than anything wrong with gold?

I hate stupid people like this.

The world must look very confusing to anyone willing to use Keynes as a directional for truth.

Yes, I had Barry Smith’s work in mind while reading this. Several of her points involved governments selling their peoples’ land to the corporations.

JB

The ignorence of the majority is truly lamentable… and I ussually enjoy National Geographic. [:'(]