Many people fail to understand that the banking class also has controlled the curricula of business schools for centuries, and consequently ensure that millions of students are falsely taught that free markets exist and free market capitalism is the dominant economic model that exists in G8 nations that dominate the world economy. Because of this belief that is 100% false, advocates of socialism and democratic socialism like Alexandria Ocasio-Cortez and Bernie Sanders have been able to accrue massive support upon the false premise that capitalism has failed. When we make a claim that capitalism has failed, we can’t intellectually critique a grotesque form of capitalism that has stripped most essential elements of free market capitalism out of the model and then criticize that the model of capitalism has failed. Such criticisms are tantamount to critiquing current dominant academic models that are more intent on socially conditioning students to become compliant and obedient and claiming that the teaching of intellect has failed. Since academia in its current dominant form today shows no interest in shaping intellectual young adults, the claim that teaching intellect has failed is not relevant to an academic system that does not have this as one of its goals. It is quite clear that the economic models in place in nearly every nation has failed, and failed miserably . . . .[1]The Chinese have a delightful saying that is a masterpiece of brevity: kai men jian shan. Literally, "open door look [at] mountain." Or, "could we please just stop kidding ourselves and look at what's really happening?" An earthier rendering is possible but not to be supplied here on this most elegant of blogs.
The entire West is pursuing the model of limitless free stuff from the government/productive class, endless wealth production by magical processes, white people as the source of all evil, fiat currency as the genius option, Everests of debt as without consequences, minorities and foreigners as our superiors and our salvation, and native-people electorates as poeple whose views are contemptible. The Western political and economic models are worthless and built on sand.
Effective Western leadership class response? Nonexistent.
Notes
[1] "The Death of Capitalism, Redux for 2019." By maalamalama, ZeroHedge, 7/27/19 (emphasis added).
2 comments:
Socialism is where the lower classes steal assets and money from others by tax or force.
Capitalism is where the higher class produces goods and services and sell in a competitive market.
Corporatism has elected itself to some sort of elitist monstrosity using both paradigms.
Once the civil war comes I would tend to ignore the lower classes and want to take out the greed and evil of corporates. And that attitude is like early Bolshevism.
And when you go there, to the Corporate evil, all you see is a tower of steel and concrete, with people who look like yourself inside.
I'm all for liberty and decentralized, incremental growth and innovation but somewhere there needed to be a Dutch uncle to say, hold on there. The corporation was a useful mechanism to organize economic activity but clearly corporations now are a branch of government but completely unreachable by the electorate. Ye MICC. This state of affairs is accepted as normal with a tip of the hat to leftists in the past who, I think, understood that there was something amiss.
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