Have We Put The Fools In Charge?

I keep trying to disprove the working hypothesis that the world is run by fools. I have so far not succeeded.

The Swedish diplomat Axel Oxenstierna formulated the concept some 360 years ago in a letter to his son: "Do you not know, my son, with how little wisdom the world is governed?" (in a letter to his offspring written in 1648, in the original Latin An nescis, mi fili, quantilla prudentia mundus regatur?).

The lament seems to apply most especially to the field of economics. Just this past weekend we have seen the European Central Bank pursuing policies likely to destroy the Euro, after first destroying the individual economies of the Euro Zone. In the US, we have had the failure of the "Super Committee."

The latter failure is just as well. Republicans on the committee seemed bent on destroying the US economy. Whether this is from ignorance, ideology, erroneous concepts, or just to make sure Obama's efforts to put people back to work are obstructed, I can't say. Probably all of the above.

No wonder the powers that be have resorted to violence against the Occupy Wall Street movement. OWS was beginning to figure out how the system works.