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Srila Prabhupada[Posted Sep 19, 2010]

Without Principles



A.C. Bhaktivedanta Swami

Greek economic crisis evidence of not just a moral collapse - spiritual bankruptcy

euro pigs The Market Oracle Sep 16, 2010 - GARY NORTH

The European Banking Crisis Next Phase, Greek Debt Default Inevitable



Will the Greek government default? [Michael Lewis] doesn't answer directly, but indirectly, it is clear that he thinks it will. He sees this as a moral collapse. He does not try to argue that it is possible for the government to avoid default. The more interesting question, he says, is whether the Greeks can reform themselves. He ends his article with this.
"It behaves as a collection of atomized particles, each of which has grown accustomed to pursuing its own interest at the expense of the common good. There's no question that the government is resolved to at least try to re-create Greek civic life. The only question is: Can such a thing, once lost, ever be re-created?"
The moral collapse is only marginally related to the willingness of voters to look out for their own interests. The moral collapse came when voters trusted governments to tell them the truth. Voters trusted government promises to fund the majority in old age at the expense of the rich. This is a widespread moral collapse.

Default will follow. "The wicked borroweth and payeth not again" (Psalm 37:21).
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Related:

Vanity Fair MICHAEL LEWIS - Oct 1, 2010


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This pretty much describes the situation...
Network of Demons A.C. Bhaktivedanta Swami

The demoniac man knows no limit to his desire to acquire money. That is unlimited. He only thinks how much assessment he has just now and schemes to engage that stock of wealth farther and farther. For that reason, he does not hesitate to act in any sinful way and so deals in the black market for illegal gratification. He is enamoured by the possessions he has already, such as land, family, house and bank balance, and he is always planning to improve them. He believes in his own strength, and he does not know that whatever he is gaining is due to his past good deeds. He is given an opportunity to accumulate such things, but he has no conception of past causes. He simply thinks that all his mass of wealth is due to his own endeavor. A demoniac person believes in the strength of his personal work, not in the law of karma. According to the law of karma, a man takes his birth in a high family, or becomes rich, or very well educated, or very beautiful because of good work in the past. The demoniac thinks that all these things are accidental and due to the strength of his personal ability. He does not sense any arrangement behind all the varieties of people, beauty, and education. more

Religious principles essential to advancement of human life


Srimad-Bhagavatam 4.22.34, text & purport
TEXT 34
Those who strongly desire to cross the ocean of nescience must not associate with the modes of ignorance, for hedonistic activities are the greatest obstructions to realization of religious principles, economic development, regulated sense gratification and, at last, liberation.

PURPORT
The four principles of life allow one to live according to religious principles, to earn money according to one's position in society, to allow the senses to enjoy the sense objects according to regulations, and to progress along the path of liberation from this material attachment. As long as the body is there, it is not possible to become completely free from all these material interests. It is not, however, recommended that one act only for sense gratification and earn money for that purpose only, sacrificing all religious principles. At the present moment, human civilization does not care for religious principles. It is, however, greatly interested in economic development without religious principles. For instance, in a slaughterhouse the butchers certainly get money easily, but such business is not based on religious principles. Similarly, there are many nightclubs for sense gratification and brothels for sex. Sex, of course, is allowed in married life, but prostitution is prohibited because all our activities are ultimately aimed at liberation, at freedom from the clutches of material existence. Similarly, although the government may license liquor shops, this does not mean that liquor shops should be opened unrestrictedly and illicit liquor smuggled. Licensing is meant for restricting. No one has to take a license for sugar, wheat or milk because there is no need to restrict these things. In others words, it is advised that one not act in a way that will obstruct the regular process of advancement in spiritual life and liberation. The Vedic process of sense gratification is therefore planned in such a way that one can economically develop and enjoy sense gratification and yet ultimately attain liberation. Vedic civilization offers us all knowledge in the shastras [Vedic literature], and if we live a regulated life under the direction of shastras and guru, all our material desires will be fulfilled; at the same time we will be able to go forward to liberation.



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