Capitalism. The economic system currently in place throughout most of the world. Almost everyone in the U.S. accepts it as their religion. Of course, they don’t call it a religion, but it is nevertheless. Most people in the U.S. seem to worship money and possessions as fervently, if not more so, than their other so-called religions so to deny this fact is disingenuous.
Anyway, this system we call Capitalism – do most people actually understand what it is? Do they even think about it? It’s doubtful many U.S. citizens question the morality of such a violent, predatory system. Do most people in the U.S. (and in other nations) understand that their economy is based on debt and deception? Do they understand that it can’t possibly continue in its present form? The priests of Capitalism say that it needs to continually expand to work properly, but can an economic system that grows unceasingly exist for long in a world of finite resources? How big is big enough, anyway?
The system worked for a while in the U.S. due to an expanding population of savages from Europe on a sparsely populated continent of abundant resources. That is no longer the case. At a certain point, the continuance of Capitalism necessitated the aiming of its brutal tactics outside the domestic population. This created the “need” to expand the strategy to militarily weaker nations, instituting an oppressive system of virtual slavery on foreign populations. Therefore, Capitalism is an integral part of oppression and colonialism despite the jingoistic cries of “democracy” we hear from the corporate U.S. media.
Dispensing with definitions, let’s consider morality. Can a system in which efficiency is held above the well-being of a population be a good thing? Especially if, by design, it causes an increase in poverty worldwide, oppression of foreign nations, poisoning of the entire environment and widespread injustice?
Modern Capitalism has
progressed regressed to the point of not only rewarding despicable behavior, it has given a sadistic class of people who reward sociopathic behavior a more efficient system in which to control the masses. This rivals the twisted vagaries of the worst of the Roman Empire two millennia ago – the era of the psychopathic emperor Nero.
So, what is the genesis of this corrosive system plaguing most of the planet?
It probably dates back to the Goldsmiths of Medieval England or the Knights Templar of Medieval Europe, but there’s no need to go that far back in time. It’s difficult to present evidence to those who have been unable to break out of the Capitalist Indoctrination Process long enough to have a thought of their own rattle around in their possession-obsessed heads. Let’s stick to modern Capitalism and go back to a seminal event that took place between 1910 and 1913 in the United States.
This event is the planning and execution of the largest crime ever perpetrated on the (non-indigenous) people of the U.S. It was done by an insanely greedy group of predators who were part of a class of people whose wealth was attained through war, weapons sales, drug sales, the stealing and hoarding of resources and most profitable of all – slavery.
These wealthy bankers/entrepeneurs/genocidal maniacs (take your pick) decided to temporarily put aside their differences and create a corporation that would be untouched by the concept of law. It would also be above any nation – even though it would be located in and be considered an integral part of one nation. It would be able to manipulate the entire U.S. economy (and, eventually, most of the world’s economy), finance wars and keep the shareholders in riches beyond comprehension. It would have some of the same qualities as their most profitable endeavor, slavery, but not be as difficult to maintain because they would manipulate people into believing that they had a stake in the system. They perfected the ancient psychological warfare technique of “bread and circuses” associated with the Roman Empire. This would allow them to control virtually every human being on the planet without most realizing they were, essentially, slaves. This corporation is so secretive that a century later, despite the fact that most people know it’s name, very few know how it was started and how much power it wields on a daily basis over the population.
These obsessed, manipulative men came together on a small, privately-owned (by J.P. Morgan) island off the eastern coast of the United States called Jekyl Island to plan this crime. Their scheming culminated in a piece of legislation deceptively pushed on an unsuspecting populace known as The Federal Reserve Act. It was signed into law in December of 1913 by a class warrior by the name of Woodrow Wilson.
(The following video shows a checkpoint near the N.Y. Federal Reserve building. This secretive private corporation has their own security who disingenuously pretend to be police – right down to the blue & white cars they drive that look exactly like NYPD vehicles).
The men at these meetings controlled approximately one quarter of the financial assets of the entire world at the time. Yes, that is difficult to believe. It’s difficult to conceive of such an enormous amount of money controlled by a small group of people. Yet, many historians believe it’s true. These men had much more money than anyone could possibly need – and they wanted more. The were led by Paul Warburg, a German banker who was a trusted member of the inner circle of the Rothschild European banking empire and Nelson Aldrich, a powerful senator from Rhode Island and wealthy financier whose daughter married John D. Rockefeller Jr. Also present were U.S. Treasury Secretary A. Piatt Andrew; Frank Vanderlip, of National City Bank of New York and three representatives of the U.S. financial empire of J.P. Morgan – Benjamin Strong, Charles D. Norton and Henry P. Davison.
Now, illusion is one of the key ingredients in the success of this detestable enterprise. These men created the illusion that the 1907 Banker’s Panic could have been avoided had there been a central bank to add liquidity to the market. Never mind that the panic was caused by bankers trying to corner the market on stocks of United Copper Company and the fact that there was no agency to regulate abusive behavior such as insider trading and price gouging. This was basically a planned event to lend credence to the “need” for a central bank in the United States.
They created the illusion that a central bank would smooth the peaks and valleys of the economy so that something like the 1907 Panic would never happen again. Never mind the fact that creating a central bank would be the key to allowing these heartless conspirators to MORE EASILY manipulate the economy. The Federal Reserve’s Federal Open Market Committee sets interest rates and makes decisions on the U.S. money supply. In other words, they control inflation. Very interesting. Since a portion of their profits comes from the interest on money owed them by the U.S. people, the more difficulty there is in paying the national debt, the higher the profits of the Fed.
And, they created the illusion that the Federal Reserve is a government agency instead of a consortium of private shareholders who circumvented the U.S. Constitution. By taking the authority to print U.S. currency out of the hands of elected officials (no matter how corrupt, they CAN be voted out of office) and privatizing it, they have prevented the citizens from having a voice in monetary policy. (When was the last time YOU voted someone off the board of directors of a corporation?) A private – VERY private – group of shareholders have control over the selling of U.S. Treasury bills, the federal funds rate (the interest rate among commercial banks), foreign exchange market policy and REGULATION of the banking industry. What a coup! Stephen King could not have come up with a scarier scenario than this.
This all may seem somewhat boring – another opinion on the vagaries of Fundamentalist Capitalism, more anger about economic injustice. Anger is not the impetus behind this essay. Education is. Here are a few facts:
We will not undo the damage to the environment without addressing the economic system that enables, and actually encourages, the poisoning of the entire planet.
We will not undo the systematic oppression of anyone who doesn’t bow down to the dogma of Capitalism – which includes various tools of spreading hate and ignorance. Among them – racism, sexism, religious intolerance, homophobia, embracing simple-mindedness, painting free thinkers as “different”, etc… – without addressing this sick, wealth-obsessed system of virtual slavery.
We will not stop the sociopathic increases in preventable deaths, homelessness, children going hungry, serious illness and disease, violent crime, depression – virtually every ill humanity faces today without evolving beyond this twisted, violent system we revere as a religion.
I was thinking one day about the axiom in Capitalist dogma (mentioned earlier) that declares that growth is always a good thing. Well, it reminds me of a quote by the noted essayist, Edward Abbey:
“Growth for the sake of growth is the ideology of the cancer cell.”
Well, it seems to me that a case could be made to consider blind adherence to a system that destroys everything in its path to be the suicidal embracing of a cancerous existence.
And, that’s not an illusion.