Why the US truly is an exceptional country?
Observationy on a different capitalism, drafted on Aug 13, 2007
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Some Anti-Americanists have a hard time acknowledging this. But the fact of the matter is, that it is true, that there
is hardly another country in this world where the sense of open-mindedness and transparency is better developed
than in the US. For too implanted is the idea of democracy here that this would not result in a forthcoming
institutional accessibility that is largely unknown elsewhere on the globe.
Given therefore that the American culture is uniquely supportive of the commoner’s freedom, it is all the more
astonishing that US financial institutions have all but no qualms in investing their clients’ money in feudal and semi-
feudal economies abroad. For too little do they have the ability here, to freely evaluate their projects there that
they could now still feel confident enough to risk their assets there.
No, anyone with an independent mind, has to ask himself, how it is possible that someone who is used to a natural
responsiveness at home can suddenly accept the robotic reporting style to which he is subjected abroad. For too
little does this alien attitude encourage an thorough questioning of its own assumptions, that one could now still
hope to adequately value it.
No, no, if we do not want to lie to ourselves, we have to accept, that any impersonal hierarchy makes it all but
impossible to develop one’s best possible intuition on it. And so we cannot simply accept it now. For too much
would we thereby weaken our own inquisitiveness that we could now still trust our judgement now.
Given however that US investments bank do not seem to mind the fact, that a true sense of uninhibited, personal
debate is not be had overseas, one has to conclude that it is not the true investigation of things that it is foremost
on their mind but that is rather the desire to take advantage of the seemingly apparent that is motivating them.
For too little do they do to highlight the bureaucratic narrow-mindedness that they are up against, that they could
now still generate the sustainable value growth they are supposedly working for.
Now, obviously, some people will argue that there is no such thing as a lack of responsiveness abroad. After all,
they will say, that (almost) the same accounting standards are used all over the world. And so there is no need to
mistrust the economic figures that are presented therein. For too much have they been developed by the a
professional approach, that one could not confide in its scientific reasonableness.
To those however, who believe, that the truth can be measured in numbers, Noah denkt™ would like to add that
these numbers are only an aspect of the truth and that a true professional speculation requires putting them in a
philosophical perspective. For two forward-looking is the business of economic prognosis that it could be
adequately conducted by just looking into a rear-view mirror.
No, no, anyone who is serious about getting it right, will have to promote a natural open-mindedness. For too
much will the accuracy of his own views depend on a free and egalitarian exchange of them, that he could now still
accept the standoffish style with which they are presented elsewhere.
Given therefore that it is the lordly turf-mongering which is the biggest impediment to free debate, we can only
urge investors not to venture too far beyond the Anglo-Saxon world. For too much will he be talked down to there,
that he could now still hope to get the truths alright.
Observationy on a different capitalism, drafted on Aug 13, 2007
-------------------------------------------------------------------------------------------
Some Anti-Americanists have a hard time acknowledging this. But the fact of the matter is, that it is true, that there
is hardly another country in this world where the sense of open-mindedness and transparency is better developed
than in the US. For too implanted is the idea of democracy here that this would not result in a forthcoming
institutional accessibility that is largely unknown elsewhere on the globe.
Given therefore that the American culture is uniquely supportive of the commoner’s freedom, it is all the more
astonishing that US financial institutions have all but no qualms in investing their clients’ money in feudal and semi-
feudal economies abroad. For too little do they have the ability here, to freely evaluate their projects there that
they could now still feel confident enough to risk their assets there.
No, anyone with an independent mind, has to ask himself, how it is possible that someone who is used to a natural
responsiveness at home can suddenly accept the robotic reporting style to which he is subjected abroad. For too
little does this alien attitude encourage an thorough questioning of its own assumptions, that one could now still
hope to adequately value it.
No, no, if we do not want to lie to ourselves, we have to accept, that any impersonal hierarchy makes it all but
impossible to develop one’s best possible intuition on it. And so we cannot simply accept it now. For too much
would we thereby weaken our own inquisitiveness that we could now still trust our judgement now.
Given however that US investments bank do not seem to mind the fact, that a true sense of uninhibited, personal
debate is not be had overseas, one has to conclude that it is not the true investigation of things that it is foremost
on their mind but that is rather the desire to take advantage of the seemingly apparent that is motivating them.
For too little do they do to highlight the bureaucratic narrow-mindedness that they are up against, that they could
now still generate the sustainable value growth they are supposedly working for.
Now, obviously, some people will argue that there is no such thing as a lack of responsiveness abroad. After all,
they will say, that (almost) the same accounting standards are used all over the world. And so there is no need to
mistrust the economic figures that are presented therein. For too much have they been developed by the a
professional approach, that one could not confide in its scientific reasonableness.
To those however, who believe, that the truth can be measured in numbers, Noah denkt™ would like to add that
these numbers are only an aspect of the truth and that a true professional speculation requires putting them in a
philosophical perspective. For two forward-looking is the business of economic prognosis that it could be
adequately conducted by just looking into a rear-view mirror.
No, no, anyone who is serious about getting it right, will have to promote a natural open-mindedness. For too
much will the accuracy of his own views depend on a free and egalitarian exchange of them, that he could now still
accept the standoffish style with which they are presented elsewhere.
Given therefore that it is the lordly turf-mongering which is the biggest impediment to free debate, we can only
urge investors not to venture too far beyond the Anglo-Saxon world. For too much will he be talked down to there,
that he could now still hope to get the truths alright.
| © Landei Selbstverlag, owned by Wilhelm ("Wil") Leonards, Gerolstein, Germany. All rights reserved. Reminder: Noah denkt™ is a project of Wilhelm ("Wil") Leonards and his Landei Selbstverlag (WL & his LSV). Consequently, all rights to the texts that have been published under the Noah denkt™brand name are reserved by WL & his LSV. The commentary and the reasoning that was provided on this page is for informational and/or educational purposes only and it is not intended to provide tax, legal or investment advice. It should therefore not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security or any issuer by WL & his LSV or its Noah denkt™ Project. In fact, WL & his LSV encourage the user to understand that he alone is responsible for determining whether any investment, security or strategy is appropriate or suitable for him. And to leave no doubt as to what this means we urge our user to also note our extended Legal Notice. |
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