Praxeology: My Reflexions on India

Greece is in a big trouble. Their government lost their sovereignty to foreign creditors after they were bailed out by them for the third time! This is not a fix of this problem, but only kicking the can down the road by politicians. One day, in future, Greece government will have to repay their debt one way or another. The bankruptcy and insolvency of the Greek government is a global phenomenon. Many world governments are heavily indebted and they will get into big troubles in future. In my latest economic report I discuss the Greek problem, its implications and a possible solution.

As I have mentioned elsewhere, the modern nation state societies in which we all are living are not more than 500 or so years old. If we study the human societies around the world then they exhibit different organizational patterns, and the state is only one of these various organizational patterns. People who are living under these nation states might feel as if the condition in which they find themselves today is present since time immemorial. Many a times, during discussion with various people about the future Anarcho-Capitalist society which will be without any nation state, I frequently hear, that the state has always been with us since the beginning of time, and it is never going to go away; we have to live with it, and tolerate its exploitations! These people don't know the human history. The real question for us to understand today is, how the first original states came into being? Whether the nation state is with us since the beginning of time? In this article I will expl...