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Thursday, April 19, 2007 - 5:19amSanction this postReply
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Swiss banks and Swiss francs, what is not to love about them? 
When Switzerland's state church outlawed jewelry, the jewlers began making watches.  Although they invented many of the constituent pieces, that watch industry was complacent in 1970 and lost market share to cheap digital watches.  There is apparently no historical record of mass protests, labor rallies, or other signs of social distress, even as the banks decided to liquidate what was left of the industry.  Then came the Swatch.

One reason that there were no protests is that culturally, the Swiss are very restrained.  That is an affect of Calvinism, but is also seen among the Catholics.  The two are very similar in Switzerland.

Another reason is that Switzerland does not have a good experience with protest marches. A brigade of untrained summer soldiers once turned their machine guns on a rally and its bystanders.

But the society is not without change.  Women began voting (in church -- church is state; state is church) before World War I.  Today, Swiss teens adopt the slang of Kosovo rap poets.  Switzerland has devalued the franc, demonetized notes, and sold off gold, all to apply the theories of John Maynard Keynes to the problems of the national economy and the national currency.

A Baptist minister once told me that there are a lot of Baptists at the bottom of Lake Geneva.  The Calvinists threw them in for denying infant baptism.  Ayn Rand made a strong point about philosophy preceding politics and economics.  Any Switzerisms found in American culture -- capitalism, for instance -- are traceable to the Puritan heritage we share.  A longer post will couple that to the fact that these were people who hanged a Quaker and tortured confessions from witches, but the fact remains. 

Unlike the United States, Switzerland is at once isolated and a crossroads for trade.  Endogamy has social consequences in many Swiss communes.  Unlike the United States, Switzerland is organized at the commune level, as if an American state were built from the township to the county to the state.  In fact, the national constitution says explicitly that anyone who is a citizen of a commune and the canton in which it is located is a citizen of the nation.   If a parish has an unresolvable problem, the parish will apply to the commune to be split.To understand "Switzerland" (so-called), you have to start at the local level with the clergy whose salaries come from the governments that regulate their work.


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Thursday, April 26, 2007 - 10:51amSanction this postReply
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Thanks Michael!  I never knew why the Swiss were watch makers! It is a strange thing that no protest would be recorded in a place so geographically close to the Austrian school.  Do you know when exactly the state church placed the jewlery ban? 

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Thursday, April 26, 2007 - 7:42pmSanction this postReply
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Audrey, just go to an encyclopedia for the basic facts about Switzerland.  I am surprised to learn that you are surprised to learn that the Swiss were famous for their watches.  Like Nestles and William Tell, Swiss watches were definitive.

Jewelry was banned in Geneva about 1580 or so.  (Read about John Calvin and Calvinism.)

There were no protests, as I said, because the Swiss are reserved as a cutlural trait, as, for instance, Americans are forgiving or open or equal.  It's a generality that holds some meaning.  So, when they have problems, they do not march in the streets.  Rather, they solve them other ways.  That said, they have had marches and protests -- some even violent -- but they are historical exceptions.  As I said, there was one in 1938 (I think) where those highly-touted reserve soldiers panicked and killed 30 people.  So, that tends to put a damper on going into the streets.

The Austrian School is a funny thing, too.  It thrives well outside of Austria.  Though Austria did borrow gold after WWI to put itself on a sound footing and then issued gold coins in the 1920s, and although they did put Boehm-Bawerk on their final series of 100-schilling notes, Austria is not a laissez faire kind of place. Now with the EU some of that has changed, of necessity.


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Friday, April 27, 2007 - 8:54amSanction this postReply
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Michael,

I think she said that she hadn't known why the Swiss were watch-makers, not that they were watch-makers.


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