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Top-Down, Centralized Thinking Is Destroying The World's Economies

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Originally Published on OpEdNews

The US real  estate market went to hell when bankers centralized home financing. Before then, local bankers worked with people in their communities. The move to centralized, algorithm driven banking led to the massive increase in foreclosures and the collapse of the real estate market. 

Top-down centralization of investing with mortgages put into bizarre, abstract packages led to unrestrained spending and ridiculous valuations of investment portfolios. 

Now, French and German European leaders Sarkozi and Merkel are calling for increasing the centralization of control of European economic policies for the 15 European nations. 


flickr image  By francediplomatie


Centralization worked at the dawn of civilization-- enabling farming to feed the masses, construction of cities to house them. But in today's world, centralization has become a disease that has led to decreased flexibility, decreased creativity and massively diminished use of the resources and knowledge that local wisdom and experience offer. 


Centrallization can be effective for manufacturing, as Henry Ford proved almost a century ago. It can be a useful approach to some planning. But we've seen, in recent years, that it can be, beyond ineffective, a destructive and damaging approach to dealing with problems. It can and does create major problems. You don't solve the massive economic problems we're facing with doing more of the same. It is possible for a leader to operate in a bottom-up way. It is possible, probably necessary for problems caused by top-down thinking, decisions and policies to be fixed, healed, resolved with bottom-up approaches. 


Part of the problem is that today's leaders are guided and driven by the biggest corporations that have little interest in the bottom-- in the people who are being asked to do all the sacrificing demanded by the World Bank, IMF and the Euro-zone nations. The leaders who are running the show are all from the top-down system and mindset that created the problem. It is unlikely that the current Euro-zone system of leadership and government has the ability to break out of this stuck pattern. 


The likely outcome of the further centralization of European policy, and further top-down approaches that parasitize and support the bottom to resolve the problem caused by the top is a collapse of the Euro and probably the end of the Euro zone organization. 


When the Euro collapses, the dollar will go up in value as investors race to the more stable currency. This will make it even harder for the US to export and thus, aggravate our imbalanced trade situation. That'll hurt the job market, but help bankers, who surely see this coming and are already investing accordingly. 

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Rob Kall is executive editor, publisher and website architect of OpEdNews.com, Host of the Rob Kall Bottom Up Radio Show (WNJC 1360 AM), and publisher of Storycon.org, President of Futurehealth, Inc, and an inventor . He is also published regularly on the Huffingtonpost.com

Listen to over 200 of Rob's Podcast interviews here.

Rob is, with Opednews.com the first media winner of the Pillar Award for supporting Whistleblowers and the first amendment.


With his experience as architect and founder of a technorati top 100 blog, he is also a new media / social media consultant and trainer for corporations, non-profits, entrepreneurs and authors.

Rob is a frequent Speaker on the bottom-up revolution, politics, The art, science and power of story, heroes and the hero's journey and Positive Psychology. He is a campaign consultant specializing in tapping the power of stories for issue positioning, stump speeches and debates, and optimizing tapping the power of new media. Watch me speaking on Bottom up economics at the Occupy G8 Economic Summit, here.

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