In 1789, the French Revolution decisively ushered in the Modern Age. The American Declaration of Independence of 1776 and the establishment of the American Republic had signalled the beginning of the end for the era of powerful monarchs, but America was a distant colony of the British Empire and not yet a giant on the world stage. Its liberation did not provide a fundamental psychological rebooting of the human mind. Europe was where the world was controlled and only in Europe could the transformation to modernity begin. The decisive blow was struck in France, which thus takes the honour of being the first modern nation. When one of the most powerful monarchies on earth fell to a people’s Revolution, and the King and most of his ruling order were executed, the irreversible signal had been broadcast to the world that it was no longer business as usual for the ruling elite. Now the people would have their say.
The age of monarchs did not however properly end until the bloodbath of the First World War. In 1917, the Russian Revolution toppled the Tsar who was executed by Bolsheviks in the following year. 1918, the year in which the cataclysm ended, also saw the end of the powerful German monarch Kaiser Wilhelm II. In the meantime, the British monarchy, terrified of its people, was compelled to change its name from the Germanic “Saxe-Coburg-Gotha” to the English “Windsor” – a fake name for a disgusting, fake family.
The one hundred and twenty-nine years from 1789 to 1918 is how long it can take for a dialectical age of the World to be fully resolved. The Illuminati-inspired American and French revolutions began the modern world but only a World War completed the job.
The 1917 Russian Revolution was the beginning of the next phase of the dialectic: class war between the rich capitalist elite (who took over from monarchs and the nobility as the power elite) and the ordinary people. A war between capitalism and communism was inevitable, but, before it could break out, a new dialectical force appeared on the scene, a synthesis of capitalism and communism called Fascism (or “national socialism”). Fascism was based on the concept of a capitalist elite being subordinated to a totally dominant national leader (a Duce or Fuehrer). The Leader allowed the capitalists to make healthy profits, but only if they did his bidding. Capitalism, in Fascist countries, was harnessed to state policy rather than to free markets. Fascism and communism were both based on the same economic model of an enormously centralised command and control system under the charge of a totalitarian, paramilitary political party. The central difference was that communism outlawed private ownership of industry whereas Fascism was happy to use the capitalist class as its economic agents. National Socialism in Germany was spectacularly successful, transforming in a few short years a nation in economic ruin and chaos, suffering from disastrous hyperinflation and enormous unemployment. Of course, most of the reason for the success lay in the fact that the whole nation was given over to rebuilding the German military machine to its former glory.
In the modern day, China has much more in common with Hitler’s National Socialism than it does with Marxism. Like Hitler, the Chinese totalitarian Communist Party now actively utilise the capitalist model of private ownership under central direction. Technically, China is no longer a communist nation but national socialist i.e. Fascist. National Socialism has proved to be an extremely effective way of running economies – far superior to free market capitalism – because it is capable of avoiding the disastrous, irresponsible, greed-fuelled boom and bust cycles of irrational free markets.
Markets are like tiny, hysterical children, driven by greed and terror. There is no rationale at work, no controlling mind. National Socialism, on the other hand, provides a coherent framework, aligning the interests of the state with the capitalist economy. Contemporary America is not governed by politicians but by banks, corporations and lobbyists. Non-elected entities, unaccountable to the people, direct the destiny of America. Politicians are irrelevant and have no real power at all. Elections are meaningless and are performed merely for show. It doesn’t matter who’s in charge, Democrats or Republicans. Wall Street, and the Jews and Freemasons of Goldman Sachs in particular, run America. America isn’t a nation; it’s a corporation run by business and banking interests, and a large army of lawyers.
The Illuminati’s economic system – which can be variously called social, public or meritocratic capitalism – has, technically, a certain similarity to centrally controlled National Socialism, with the critical difference that there is no totalitarian party in charge and no Fuehrer. In social capitalism, there are no privileged elites, no dynastic families, no inherited wealth, no free market mayhem, and no boom and bust.
In social capitalism, the most meritocratic individuals set economic policy according to the needs of “positive liberty”, the doctrine of actively seeking to improve the quality of humanity. All economic activities that seek to degrade, exploit and sedate “the masses” are outlawed. Free markets are fine, to the extent that they support meritocratic objectives. They are never fine if their purpose is to make disproportionate wealth for greedy capitalists who have no interest in the Commonwealth.
Despite all the obfuscation of economists, economics is a simple subject. It is in fact entirely a function of politics. In the nineteenth century, capitalism was production-oriented. That suited the political need to build an advanced industrial nation with a complex infrastructure. Capitalist goods were sturdy and long lasting. A person might own a single pair of shoes for years. Production capitalism was about functionality and utility: everything had to be useful, practical and enduring. But what happens when the infrastructure is built and everyone has their indestructible shoes?
After WWI, American capitalism had to reinvent itself. It switched from production to consumption and the birth of the consumer who has been the focus of capitalism ever since. People no longer bought things because they needed them but because they wanted them. This was a revolutionary change. Now the purpose of capitalism was no longer to manufacture useful things but to stimulate demand for, essentially, useless things. This suited the political agenda because consumers, with an immense number of choices regarding what goods and services to buy, saw themselves not as cogs in a machine but as free people. Democracy, freedom and capitalism became effectively synonymous, and were always presented as a package. So, if you were hostile to capitalism, for example, you would be branded an enemy of freedom.
The major competitor of capitalism was communism. This was also production-oriented but because it banned private ownership, profit-making and extra reward for harder work, production proved inefficient, cumbersome, non-innovative and the goods produced were slipshod and ugly. In other words, the politics of communism and its hatred of salary differentials, hence of any incentive for anyone to try hard and come up with new ideas, inevitably gave rise to an unmotivated workforce manufacturing low-quality goods. There was no market to test goods, and no competition between rival companies since the State prohibited commercial competition.
The Soviet Union produced endless junk. Capitalist America produced endless exquisitely produced junk. Americans liked their glossy junk that they were free to choose much more than the Soviets liked their shoddy junk that didn’t work most of the time and which offered them no choice.
Communist China was once like the Soviet Union, and in fact even more backward, but when it became “national socialist” China, everything changed. The Chinese started manufacturing reasonable-quality consumerist junk that massively undercut American prices. So the whole Western economy started buying enormous amounts of Chinese goods. Credit was handed out like candy to allow people to buy as much as possible. Major Western corporations started transferring their production facilities to China, hence work started to dry up in America. The salaries of the low-paid were driven down. Ordinary American people couldn’t afford repayments on their mortgages. Consumption stuttered and went into reverse. The global economy stalled. All the hidden debts in the system were suddenly brutally exposed and enormous numbers of people started defaulting on their loans. Banks, having loaned incredible amounts of money to all and sundry in order to maximise their profits, and retained practically no capital reserves (because the more they loaned, the higher their profits were, so why not loan every last cent, thus massively inflating the profits of the banks and permitting gargantuan bonuses to the senior personnel?) were now all technically insolvent since they didn’t have the capital to meet their immediate financial obligations. That had never been a problem in the past because they could borrow what they needed from other banks, but now the other banks were in the same boat – the whole system had imploded. The game of musical chairs had ended and there were no chairs left at all.
According to the laws of free market capitalism, the entire banking system should have gone out of business, but of course that would have meant the death of capitalism itself and total political chaos. So all the rich people were allowed to keep their wealth and the gullible taxpayers had to bail out the bankrupt banks. Now it was the State rather than the private banks that was groaning under an unmanageable debt. Governments all across the West had to slash public spending. Millions of workers were laid off and salaries frozen for everyone else. But the rich bankers kept getting their vast bonuses – now paid for by the taxpayers. The rich had found their holy grail – the privatisation of profits (i.e. they get to keep all of the profits in the good times) and the socialisation of losses (i.e. the taxpayers pick up the pieces when the high-risk games go wrong).
That’s the world we live in now. Capitalism is dead, replaced by capitalist socialism – the most monstrous economic miscarriage ever know. The rich, as the controllers of the global economy, simply get governments to transfer the losses of private corporations to the State sector. America could easily have declared itself officially socialist and proclaimed that the State was now running the entire economy, including the banks since the taxpayers had effectively paid for the whole shooting match.
Ask yourself this – why are you paying for something even though you don’t get to own it nor to enjoy any of the profits (vast bonuses), which go to the people who screwed the whole thing up in the first place? Is that the act of a rational people? Moreover, how can employees of insolvent banks be getting bonuses at all (these are not of course paid out of genuine profits since there aren’t any – instead they’re paid directly by the taxpayers)? The reason they are paid bonuses is that that they will all leave if they don’t, and the banks will collapse. In other words, they’re blackmailing the taxpayers and extorting money from them with menaces. Why don’t the people lock them up in jail as if they were Mafia hoodlums (which is effectively what they are)?
Contemporary economics is a madhouse. Politicians aren’t in charge of it. The super rich are. They have arranged to keep getting enormous bonuses, paid for by the taxpayers. The whole point of Western economic policy is simply to prevent the rich from ever losing their wealth, and to keep saddling the taxpayers with ever-increasing debt. The official economic objective of the West (though never expressed in those terms) is: KEEP THE RICH RICH.
The West is terrified of what would happen if the wealth of the rich were allowed to be challenged. Banks would collapse, the stock market would endure the biggest fall in history and the entire political and economic system of the West would die. To avoid this, we keep the rich rich. They have a gun pointed to our heads and we are doing nothing to disarm them.
We are now playing out an economic catastrophe. There are hedge funds in America that are betting so heavily against the Euro that they are making its collapse almost inevitable. But if the Euro goes down, so does the global economy. So American capitalists are actually using the levers of capitalism to destroy capitalism in order to make massive profits from the collapse. What these retards have failed to understand is that without capitalism, all of their ill-gotten gains will be useless.
When ultra-capitalists are betting on capitalism to fail, you know that the system has become utterly insane. This is what it means to have “free markets” in charge of the global economy rather than intelligent politicians and economists with a clear agenda.
Neither Communist China nor Nazi Germany would ever have permitted free marketeers to destabilise the economy. Under Hitler, all of the hedge fund managers would have been put in concentration camps. In China, they might well have been executed.
Is it not an astonishing thing that although Western taxpayers have had to effectively buy the Western banking system, not a single politician anywhere suggested that they should henceforth be running the banks for the public and not the private good and that all future profits would be returned to the citizens? Why weren’t all the rich bankers, who had spectacularly failed to run their banks responsibly, fired and replaced by publicly accountable officials? Why weren’t all of the enormous bonuses stopped? Who arranged the bail out? – expensive gangs of ex Goldman Sachs executives. Well, surprise, surprise. That’s like putting vampires in charge of the blood bank.
The American economy has been hijacked by the rich elite and its only purpose is to protect the wealth of the rich come what may. The Soviet Union was bankrupted by the Afghanistan War, but the debts of the communists were as NOTHING compared with the debts of today’s capitalist West. If the Soviet Union was a failure, the capitalist West is an enormously bigger one. Why has no one in the media commented on this salient fact?
The degree of anti-socialist indoctrination to which Westerners have been subjected is so extreme that no one even suggested that the banks should be “socialised” from now on and their specific remit should be to grow the economy in a stable way without boom or bust cycles fuelled by insane greed and hysterical fear. What sane person would say that banks shouldn’t have that function? As it is, the purpose of banks is to generate enormous bonuses for a select few Jews and Freemasons. That’s their raison d’être.
Free markets must, ultimately, be under political control. If they’re not then they invariably submit to oligopolies and cartels and become irredeemably corrupt. All information relating to all markets should be freely available to all participants in the market at exactly the same time. There should be no hidden gambles going on such as those of hedge funds. Everything should be transparent, including all of the identities of all participants.
Capitalism, hitherto, has been about materialism, about producing objects, mostly of a junk nature. What’s the point? Capitalism doesn’t need to be about objects. Imagine a world with only ten percent of the objects that we have right now. Imagine that to fill the gap, ninety percent of the human working population weren’t involved in producing and selling objects but in creating and delivering educational services covering all conceivable subjects. Imagine that you could make a living from teaching the subject you love best and that everyone around you was doing exactly the same. We all sell our knowledge to others and they sell their knowledge to us, and we all become smarter. There’s barely an object in sight. We go shopping for new knowledge, not for new disposable objects. Imagine an enormous marketplace in knowledge where we pick and choose what to learn – rather than an enormous marketplace in objects where we pick and choose what junk to take home with us and that we use to define who we are (“Hey, look at me, I own this set of objects so I must be cool and desirable.”).
All that really matters is that you should have a viable job. It doesn’t matter what you’re selling as long as there’s a marketplace for it. Objects need not be the main point of capitalism at all; it could be anything: art, culture, knowledge, music, spirituality, whatever you like. All that matters is that money should flow round the system, allowing everyone to live comfortably. Imagine that you taught classes several times a week, and you also attended classes of other people. Instead of accumulating objects, you accumulate knowledge. Some subjects might have much higher demand than others and therefore the teacher can ask for more money. Some teachers might offer cheaper classes in order to boost numbers. Some might want a select audience and charge high prices, and thus we see all the normal marketplace mechanisms coming into play, but without an object in sight.
If we lived in a knowledge economy rather than an object economy, wouldn’t we become enormously smarter? Wouldn’t the quality of the human race rise prodigiously? Wouldn’t crime fall, and social deprivation? We would have a much more informed, cultured human race, with far fewer needless objects collecting dust. The planet would be much cleaner if we could avoid all of the pollution associated with industry and replace it with the ultimate “clean”, eco-product: ideas.
We live in a staggeringly stupid and unimaginative economic system where we define ourselves by what objects we own. We have thereby turned ourselves into objects. We’re barely human at all.
The capitalism versus communism dialectic was taken on a detour by WWII when the capitalists and communists were compelled to unite to defeat the extremely dangerous hybrid form (National Socialism). Then it was business as usual – the “Cold War”.
In 1989, the fall of the Berlin Wall symbolised the end of communism. Yet, amazingly, it also signalled the beginning of the end for capitalism, although no one realised. Borrowing from Hegel and Marx, Francis Fukuyama produced a brilliant but absurd book proclaiming that History had come to an end because “liberal democracy” had now manifestly defeated all challengers. Liberal democracy would be rolled out all across the globe and that it would be for the rest of time.
This demonstrated better than anything else the demented triumphalism of the capitalists. The leading capitalists now thought they were gods and routinely referred to themselves as “masters of the universe”. Given that there was no longer any viable alternative to capitalism, the leading capitalists could afford to dispense with all concerns over social fairness and demand ultra capitalism based on zero government interference in the workings of markets. All controls were removed. Regulation practically vanished. Everything the capitalists wanted, they got. All sorts of laws restricting and controlling markets were repealed. Retail banks could start having investment bank functions. The amount of capital reserves they legally needed was shrunk to almost nothing, allowing every dollar invested in the bank to be maximally leveraged (meaning that the risks were magnified to a ridiculous degree). The whole economy of the West began to revolve around a single factor: house prices. While house prices went up, all bets were successful and everything seemed to create healthy profits. People actually convinced themselves that house prices could never fall. Mortgages were given to ninjas – no income, no job or assets. At this point, the system had become insane. The idea was that ninjas could keep borrowing against the rising value of their home to keep paying the mortgage, the ultimate Indian rope trick.
But, of course, if anything went wrong, if house prices failed to go up, the whole system was CERTAIN to collapse. Not just to collapse, but to take the whole global economy with it. Any sane form of government, any economic system based on reason rather than voodoo, would have seen it coming a mile off. After all, isn’t one of the primary tests of a rational system the ability to analyse, predict and take evasive manoeuvres? A few experts – very, very few – did give warnings, but were promptly ignored and called doomsayers. No one in casino capitalism likes a party pooper. Voodoo beats reason every time.
And so the financial crisis descended on the world and things aren’t getting any better. In fact, the warning signs are all there again that we are on the verge of not just recession but the greatest Depression in human history. If it comes, and the odds are now maybe 50/50 or worse – does any leader on earth have any grasp of what’s going on, or any ability to control events? The markets have consistently crushed the politicians.
What is the “market”? It’s essentially a small, elite group of cartels intent on making money in whatever circumstances. When they act in any particular direction, the rest of the market – the hangers on, the sheep, the dumb cattle – does the same. Any effect is instantly massively magnified. Most players in the market aren’t reacting to any rational analysis of anything at all; they are simply reacting to whether indices are going up or doing. If they’re going up, the investors feel great and invest more. If they’re going down, they start to panic and sell.
The market is therefore a small group of huge players harnessed to an enormous number of small players who get infected with greed or fear in an instant. The stock market can crash by hundreds of points because someone spread a plausible rumour of impending disaster. Such rumours aren’t accidents, they’re agreed strategies by big players to “short” the market. The more they can drive down the market the more money they can make. Once they’ve driven it down, they can then of course buy at the new cheap prices and make a huge profit as the prices surge upwards again. So, they profit whether the market is going down or up and more often than not, they’re the ones making it go down or up. Small players can’t have any significant effect at all on the market by themselves. Only the big players can set the trends. The whole system is geared up for manipulation and corruption, and none of it is ever meaningfully investigated.
So this “market”, outwith the control of any government on earth and susceptible to extreme manipulation by organised cartels of big players, can change the economic climate in a second and induce ferocious greed or equally ferocious fear. Moreover, there are enormous computerised trading systems in operation and these aren’t under any human control at all. They are totally reliant on the skill of those who programmed them and anyone who knows anything about programming knows that all programs contain bugs and some of these bugs only appear in unusual situations – exactly the unforeseen and untested situations that occur during rapid boom or bust. And this is supposed to be a sane system! Who’s flying this plane?!!!!
We’re over the ocean, and we’ve just realised there’s no pilot in the cockpit and there’s a catastrophic fuel leak. That’s capitalism for you. It’s utter insanity to leave anything to any “invisible hand” of any market unless you can rationally define the hand, all of the parameters associated with it and its entire scope of operation. If you can’t, you have no choice but to tightly regulate it.
So, the death of communism had the unexpected effect of delivering a fatal blow to capitalism too, though that was the last thing that people grasped in 1989. They thought the opposite had taken place; the absolute vindication and perpetual triumph of capitalism. Yet that’s exactly when hubris takes over, and, as the ancient Greeks understood so well, nemesis is sure to follow. Capitalism removed all the factors that had kept it relatively sane. The reason for this was that the rich elite demanded the removal of all obstacles blocking their path to ever-increasing profits. Governments gave them whatever they wanted and there was an enormous boom, with most of the money going to a tiny elite.
Political analyst Drew Westen wrote in the New York Times: “A final explanation is that he [Obama] ran for president on two contradictory platforms: as a reformer who would clean up the system, and as a unity candidate who would transcend the lines of red and blue. He has pursued the one with which he is most comfortable given the constraints of his character, consistently choosing the message of bipartisanship over the message of confrontation. But the arc of history does not bend toward justice through capitulation cast as compromise. It does not bend when 400 people control more of the wealth than 150 million of their fellow Americans. It does not bend when the average middle-class family has seen its income stagnate over the last 30 years while the richest 1 percent has seen its income rise astronomically. It does not bend when we cut the fixed incomes of our parents and grandparents so hedge fund managers can keep their 15 percent tax rates. It does not bend when only one side in negotiations between workers and their bosses is allowed representation. And it does not bend when, as political scientists have shown, it is not public opinion but the opinions of the wealthy that predict the votes of the Senate. The arc of history can bend only so far before it breaks.”
400 people in the USA have as much money as the bottom half of the American population – 150 million people!!!!!!!!!!!!!!!!!!!
150,000,000 versus 400.
150,000,000 versus 400.
150,000,000 versus 400.
150,000,000 versus 400.
150,000,000 versus 400.
Is this sane? Is it rational? Is it comprehensible? Where is the REVOLUTION?!!! What kind of person tolerates this situation? How can anyone think this is the right and proper way for a country to develop? 400 private individuals, unaccountable to the people, have the same power as 150,000,000 Americans. Is that what the Founding Fathers intended? Wasn’t the separation of powers supposed to stop any group acquiring too much power? Why wasn’t it applied to private individuals? Why were the rich allowed to stand outside the separation of powers? Precisely because of that, they were allowed to use their enormous wealth to buy the political system lock, stock and barrel. They controlled the politicians, but no one controlled them. That’s the law of wealth. Wealth makes you a king above the law, a dictator with absolute power.
The rich became mad with vanity, greed and power. And they have brought destruction upon the rest of us, while suffering no consequences at all. The people are so powerfully brainwashed by the elite’s media machine that no one has taken any action against the rich.
That same situation of infinite power in the hands of the elite applied in pre-revolutionary France. The monarchy and aristocracy though they were immune. Then came 1789 and the world changed forever.
1789 is coming again. The countdown has begun. The arrogant elite are no longer held in high esteem. They are no longer respected or even deemed competent. They are now seen as crooks, robber barons, carpetbaggers, looters, spivs and conmen in it purely for themselves. The total erosion in the reputation of these people will reap a terrible consequence in due course. They are now living on borrowed time, blissfully unaware of the storm coming, as oblivious as the elite of France at the start of 1789.
If they were at all rational, the rich would surrender ninety percent of their wealth to pay off the huge debts that their criminal irresponsibility and recklessness had on the global economy, and they would still be able to live in luxury. But we know they never will. The dialectic always plays out to the end. These infinitely greedy people are incapable of doing the right, honourable and rational thing. And thus they will reap their inevitable “reward”.
1989, exactly two centuries after the French Revolution, saw the birth of another critical dialectical strand that’s having an enormous impact on our world. It was the year Englishman Tim Berners-Lee invented the World Wide Web. The internet has been a revolution in itself but it also has another unprecedented effect: it’s a Revolution ACCELERATOR.
In past ages, books, newspapers, radios, music records, film and TV all served as social accelerators, but these were almost always controlled by gatekeepers working for one elite or another. What makes the internet radically different is that the gatekeepers can be bypassed. The “word on the street” can become the word all around the globe, without the elite having the vaguest idea what’s going on. The internet allows the elite to be taken out of the loop.
The sociological phenomenon of “other-directedness” goes hand-in-hand with the internet and massively magnifies specific effects. Other-directedness involves such things as peer group pressure, fashion, groupthink and hysterical contagion. Other-directed people are not truly in control of their own behaviour. They are so influenced by others that they quickly adopt whatever posture and opinions are held by the dominant and “coolest” group. Fashions, opinions and memes can spread astoundingly quickly. Viral contagion can infect the internet overnight. A person can go to bed unknown and wake up next morning known all around the globe if something he has done has gone viral.
There has never been a phenomenon like the internet. The world hasn’t even begun to wake up to its true power yet and the changes it is bringing to the world. It has brought to life Marshal McLuhan’s concept of the Global Village. Everything is now local. All boundaries are breached and annihilated. Everything is converging. The existence of different cultures is coming under threat – the world is heading relentlessly towards a single, global culture. The Muslims of the Arab Spring were heavily influenced by American and European ideas. Eventually, Islam itself may start to collapse as Muslims identify more with the global culture than with daily prayers and reading the Koran.
One thing that now seems sure to happen is the death of “tradition-directedness”: life guided by ancient books and ancient bearded leaders. The great weapon used by tradition-oriented societies was separation. Community elders could literally stop the young people from being contaminated by outside influences by using physical barriers. But now anyone with an internet connection has access to the whole world. WALLS DON’T MATTER ANYMORE. It’s no use parents denying their children internet access. All it takes is for one person to have access and all the rest will get access via that person. And if parents don’t allow access, they cut their children off from the world and make them backward.
What caused the Muslim uprisings? – the internet. Many of the Muslims spoke of “freedom”, their idea of freedom clearly being based on Western notions. To that extent, these Muslims are becoming more liberal. But on the other hand, Islamic jihadist extremism has also been massively accentuated by the internet. So we see another effect of the internet – the disappearance of the middle ground. People become more liberal or more extreme. The mid-ground is a position of compromise but on the internet all extremists can find many voices every bit as extreme as theirs, so they no longer feel any need to compromise.
The Tea Party is an internet phenomenon. So is conspiracy theory world. Conspiracy theorists create more and more bizarre theories, being fed all the time by the crazy input from millions of fantasists. The 9/11 conspiracy theory nonsense could never have happened as it did in the absence of the internet. Immense numbers of half-baked opinions, factoids, misquotations, distortions and curious facts and oddities can be spun together to create immense webs of conspiracy. Viral transmission provides a rocket boost and the natural tendency of most people to ignore reason and analysis (Logos) in favour of exciting stories and fantasies (Mythos) means that billions fall under the spell of absolute nonsense. How is it that billions of people believe in the Torture God of Abraham if not by a complete suspension of rationality? Humans are extremely prone to believing what they want to believe and ignoring everything else. A conspiracy theorist is someone who accepts as true everything that supports the conspiracy theory and rejects as false everything that contradicts it. Indeed the contradictions are deemed to be misinformation and disinformation put out by the conspirators to put people off the trail.
A few factoids and anomalies can be combined with fantasy, wishful thinking and a political axe to grind to create something that takes on a life of its own. BULLSHIT can be magnified to a ridiculous degree, and, as Hitler observed, the bigger the lie the more likely it is to be believed. People believe what they want to believe and if lots of others believe it too then it becomes reinforced, socially acceptable and hence TRUE! The internet can therefore make eccentric but popular ideas mainstream and credible.
The internet is a magnifier, accelerator, exaggerator and reinforcer. It makes the world more extreme. A more extreme world is where unthinkable things become thinkable. All bets are off. Black swan events become commonplace rather than the exception.
We can think of the world being converted not into a single global village but several such villages, each belonging to an extremist tribe, each hating the others. Intolerance will grow in all directions. Even liberals will become more intolerant.
The death of communism had the unintended consequence of delivering a fatal blow to capitalism. Flushed with triumphalism, the leading capitalists bullied and manipulated the governments into removing all brakes from the capitalist greed machine. Capitalism went out of control and in 2008 the Western banking system was technically insolvent i.e. capitalism had died on the operating table, but no one was willing to “call it” and pronounce the time of death. Instead, the capitalists did the most outrageous and hypocritical thing imaginable: they invoked socialism to save them. In effect, private businesses transferred all of their debts to the State, but without transferring any control. It was the WORST POSSIBLE OUTCOME for the people. They got all the debts dumped on them, with no formal ownership or control over anything. Why did the people get the debts but not the profits? “No taxation without representation!” the American Revolutionaries declared in the War of Independence. Yet now the American people have been swamped by enormous debt and taxation and they don’t have a single representative on the boards of any of the private institutions that needed to be bailed out. Is that not INSANE? The Americans have been betrayed by their leaders. They now have the constitutional right to remove the government from office, just as they had the right to remove the rule of the British Empire. It’s time for the American people to act.
The world has allowed the mad ideology of “free markets” to dominate economics. What is the aim of ALL of the participants in these free markets? TO MAKE MONEY! Generating profit is their sole preoccupation. A market does not care about reason, education, knowledge, quality, goodness, morality, virtue, moderation, caution, stability or any of the other qualities that we would expect to be exhibited by a benevolent government. It’s asking for disaster to harness government to an inherently unstable and irrational greed machine.
There’s a place for free markets but only with a carefully defined framework. The markets have to be subservient to government, not government to markets. We now know for a fact where free market economics leads us – CATASTROPHE. Free market economics is now as dead as communism.
Just as every individual is free to do whatever they like within the LAW in order to ensure social stability, markets should be allowed to operate freely within the legal framework that is imposed on them to ensure economic stability. The stability of the market is the main point, not its freedom, because unfettered freedom will sooner or later generate a catastrophe.
It always comes back to the same issue – who’s in charge? Should elected governments run a country, or private, unaccountable individuals in charge of banks and corporations? Should markets devoted solely to profit-making (usually resulting in astonishing and deranged risk-taking and corporate immorality) be the economic engine of a nation rather than rational policies dedicated to stable growth and the improvement of the nation and its people? Isn’t it time the people were in charge rather than the rich?
All instabilities will now be massively and instantly magnified by the internet and global computer systems. Stock markets in every part of the world have effectively merged to create a single global stock market. All markets tend to go up or down at the same time because they are all reacting to each other. Any local rumour can become a global rumour in an instant. There are no firewalls separating systems any longer. In ships, to prevent them from sinking, it’s essential to have separate compartments in the hull. A breach to one compartment can result in localised flooding, but the ship continues safely on its way because all of the other compartments are unaffected. In the new global paradigm, we’ve lost all the safety compartments and firewalls. The situation is RADICALLY UNSTABLE. Any event can sink the ship or burn down the whole building. It’s absolutely no coincidence that financial turmoil and excessive greed have reached unprecedented levels in the last twenty years. The scale of the gap between rich and poor that has appeared within this timescale is simply breathtaking. The number of major financial crashes that have occurred around the world in the last twenty years is without precedent. Yet no one in power has any idea of what’s really going on. They haven’t understood that we are perched over financial apocalypse because there are no safety mechanisms built into the global financial system. It’s like a nuclear reactor without a single control rod to moderate the chain reaction. And what happens to an uncontrolled nuclear process? – it explodes catastrophically. It’s a BOMB.
We are so close to Armageddon that it’s simply terrifying. And what’s even more terrifying is that the people charged with running the world are patently clueless about what’s really going on. They are driven by the markets and the markets are the detonator for the biggest financial explosion of all time. But who will challenge the markets? Who will face down the rich? Who will build firewalls, watertight safety bulkheads and insert sufficient control rods in the financial reactors? Well, NO ONE AT ALL.
We’re on a runaway train and we’re rapidly running out of track. The buffers are now right ahead of us. Be in no doubt at all, the final dialectical crisis is almost upon us. It cannot be avoided. The current system will definitely fail. It cannot save itself because it doesn’t know how to. It doesn’t understand itself. It will perish through ignorance. In the end, stupidity is a terminal condition.
The real issue is what is to be done when the shitstorm arrives. Who will pick up the pieces? To whom will the world turn? If the world were sane, it would of course turn to its sanest, most rational, most talented people, but, as we know all too well, the world is neither sane nor rational and anything could happen. We could get Fascist “strong man” dictators, or religious Messiahs. Fundamentalist Islam could sweep the world. All manner of nightmares are possible.
That’s why it’s critical for all sensible people to be ready to speak with a single voice and promote a single clear agenda. That’s why The Movement proved a monumental disappointment. Instead of preparing the agenda for a New Society, the members blabbered on about New Age bullshit, hippie crap and 9/11 garbage. In the end, several members of The Movement thought that their most important task was to investigate other members of The Movement and pronounce McCarthyite denunciations. What the fuck! When a group starts eating itself, you know it deserves to perish.
That’s the fast road to nowhere. We hoped people would write constitutions, declarations, that they would set up political groups and stand in elections, that they would seize the chance to prepare to implement a New World Order. Ho, ho, ho. No chance of that. It takes talented and smart people to do such things: a rare commodity within The Movement. Instead, there were legions of self-indulgent fantasists and bullshitters caught up in their own tiny, unimaginative worlds. How on earth could it serve anyone’s interests to open yet another thread on 9/11? Droning on about it will change nothing at all. Creating a New World Order will certainly change things…so why don’t you devote your time to that rather than to ludicrous, unproductive conspiracy theories?
“You will never get the crowd to cry Hosanna until you ride into town on an ass.”