"'I beg you, father, send Lazarus to my family, for I have five brothers. Let him warn them, so that they will not also come to this place of torment.’ Abraham replied, ‘They have Moses and the Prophets; let them listen to them.’ No, father Abraham,’ the rich man said, ‘but if someone from the dead appears to them, they will repent.’ And Abraham said, ‘If they do not listen to Moses and the Prophets, they will not change and repent, even if someone were to rise from the dead.’” Luke 16:27-31 "When the social contract is broken in a civilized society, the leadership is discredited & replaced. One of the costs governments were willing to pay to bailout the banks and save the bankers was upending the social contract. I wonder if the politicians realized the implications for democracy and the rise in partisanship that would result? It is a shameful reality that scarcely any of our current politicians or newscasters are aware of what the social contract is, much less that severe damage to it was done by people like Paulson, Bernanke, Geithner and Summers. Even our elite economists seem to have failed to learn or forgotten about the social contract. Such ideas were somehow lost when subject of political economy abandoned in favor of pure economics, especially in US academia." Harald Malmgren
