Tag Archives: Monopoly

The Future of What’s Called “Capitalism”, by Charles Hugh Smith

What now gets labeled capitalism often is not capitalism at all, and sometimes its the opposite. From Charles Hugh Smith at oftwominds.com:

The psychotic instability will resolve itself when the illusory officially sanctioned “capitalism” implodes.

Whatever definition of capitalism you use, the current system isn’t it so let’s call it “capitalism” in quotes to indicate it’s called “capitalism” but isn’t actually classical capitalism.

Try a few conventional definitions on for size:

Capitalism allocates capital to its most productive uses. Does the current system actually do this? You must be joking.

Capitalism is based on private labor and capital freely choosing where to invest time/assets. Does the current system actually do this? You must be joking.

Capitalism enables comparative advantages which enrich everyone. Does the current system actually do this? You must be joking.

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The Invention of Modern Slavery Called Democracy, by Gary D. Barnett

Democracies can be just as tyrannical and despotic as kings and queens. From Gary D. Barnett at lewrockwell.com:

“All government, in its essence, is a conspiracy against the superior man: its one permanent object is to oppress him and cripple him. If it be aristocratic in organization, then it seeks to protect the man who is superior only in law against the man who is superior in fact; if it be democratic, then it seeks to protect the man who is inferior in every way against both. One of its primary functions is to regiment men by force, to make them as much alike as possible and as dependent upon one another as possible, to search out and combat originality among them. All it can see in an original idea is potential change, and hence an invasion of its prerogatives. The most dangerous man to any government is the man who is able to think things out for himself, without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane and intolerable, and so, if he is romantic, he tries to change it. And even if he is not romantic personally he is very apt to spread discontent among those who are.”

~ H. L. Mencken, A Mencken Chrestomathy

Most believe that the days of kings and queens are behind us, and that such obvious despotic rule has no place in modern times. The commoners after all, had enough of such arrogance long ago, and were getting restless. The ruling class knew they had a problem, so they came up with an ingenious idea they called democracy in order to quell the tide of discontent evident among the people. The government retained power, but easily fooled the people into believing that with democracy, they would govern themselves. This was a fool’s game from the beginning.

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To Learn How the Federal Reserve Bank Works, from The Burning Platform