For those that studied economics at the higher levels of our education system, it is true irony that we continue to hear major political pundits and the slew of economic consultants and leaders use the term capitalism when explaining our failing system. Capitalism is being noted to have failed us once again and now government must step in and come to the rescue.
One can make a case that both democracy and capitalism does exist in our society. The facts are that they however both operate at such significantly low levels that one should not constitute them as the predominate name and in fact, we really are in real terms a Fascist Oligarchy, as most countries really are today. It has been quite the deception perpetrated over many years. It is not democracy and capitalism that have failed because they have not been truly allowed
or promoted as our political system and financial markets are controlled and manipulated at the highest levels by a relatively small group of bankers, politicians, lawyers and judges and they are using socialist and fascist strategies to maintain their controls. This is not new and was done by the Romans and just about every society in world history.
They control who gets the money, what groups get the government welfare, contracts, and how much the various classes and businesses are taxed and regulated. They redistribute the wealth from the private sector, being predominantly the middle and upper middle classes who provide the largest levels of employment and productivity, through excessive taxation and an assortment of government fees, fines, mandatory requirements and numerous restrictions. That my
friend is “not” capitalism.
Of course they use forms of democratic decision-making to make some decisions but that is not a democracy. The number of laws placed into effect by the citizens at-large in American is a pittance of the number of laws on the books. The small number of democratically created laws is also continually under attack by the ruling oligarchy, such as property tax limiting laws like the Save Our Homes legislation in Florida or the various term limit laws enacted throughout the
country. It is rare that a tax is either eliminated or significantly reduced. The only real democratic legislation is the initiative petition process that the oligarchy utilizes just as effectively as the majority often times nullifying what would be in the best interest of the majority. This does not necessarily support the pretence that Democracy is a viable system, as it has not shown to work for prolonged periods of time without various levels of chaos. But to use the word Democracy as a adjective for our society is quite misleading as it is obviously an oligarchy. When the rule of law is primarily determined by between nine (9) Supreme Court Justices and 500+/- legislators acting for self and special interests with little regard for inalienable rights, that my friends, is not democracy.
So the truth be told, that we are actually a Democratic Republic? Nope, we are supposed to be, but we are not that either. Our politicians are representing someone but neither you nor I believe that they are any longer representing the majority nor probably never have been. We know that they are representing self and special interest groups and those that contribute to their campaigns with the greatest amount of benefits to those that contribute the most. That’s
the way the system works, has always worked, and most likely will always work as long as we maintain this system. Hopefully Barack Obama will be different as many are placing great hope on his administration, but the odds are against as much of the damage done to the system is either irreparable and the associations within his own party and oligarchy we make it difficult for him despite his perceived morays or desires. It also appears that he is not changing the various legislation that would cure our problems but instead is continuing along the same social engineering strategies that has just brought us to our knees.
How can you have a democracy when most people are voting for what is in their own best interest rather than what is in the best interest of the majority. No wonder political scientists have historically been afraid of what they majority would do if put in a position of determining the majority of our laws. Between the lack of understanding of many of the specifics of economics and law, people mostly vote their pocketbook. You cannot trust the majority at least
in a collective sense. Additionally many believe and it appears reasonable to conclude that the majority is to easily swayed by current events and situations nor has the time and inclination to be entrusted with such responsibility, so they are literally taken advantage of by the ruling oligarchy and they use the foregoing arguments to condone their actions. Jefferson said “that Government is best which governs least” and he is one of the greatest proponents of free market capitalism and individual rights.
Fascism: The use of taxation and regulation to controls the means of production. There are various definitions of fascism but to this author, all require heavy taxation and regulation to implement and maintain the power and authority of the ruling entity. Most often fascism is associated with dictators like Mussolini and Hitler, but Hitler was appointed by an elected official and Mussolini was an elected Official. However, one person on his own cannot maintain the
necessary power to enforce their economic policies and controls, so fascism is more an economic aspect of socio-economic s and how and who implements it is secondary. Not one fascist society has existed without a powerful group working in collusion, perhaps led by a central figure, none the less an oligarchy. Even the various Kings of the historical and current Monarchs, have very tightly organized groups controlling all aspects of their societies. The degree of brutality used, to me, is secondary to the definition and all known Monarch have used various forms of fascism to maintain their power and all must use some degree of brutality to force the obeyence of their policies and controls .
Oligarchy: Decision making by the few… and the number people involved would depends on how many people they are ruling. In a country of 325 million, 2500 people is a few and that is my estimate of the number of people who truly rule our country through such organizations as Congress and the administration, The council on Foreign Relations and military industrial contractors, The Federal Reserve Bank, the major banks, the major mass Media outlets and the higher Judgeships within the Judicial branch. Consider that a vote of 4 to 3 of the Supreme Court can constitute a law.
Capitalism: The unfettered liberty and freedom to participate in all economic activities without government approval or restrictions, as long as the rights of others are not usurped. Capitalism, where? For god sack our money isn’t even free market derived. The US$s are pieces of paper or computer blips, (fiat currency) forced on the Citizens of this county in 1933 by legal tender laws. You can’t take anything else to the bank and receive just compensation despite what the money clauses of our Constitution say. Any 6th grader can read the money clauses of the Constitution and ascertain the facts that gold and silver coins are the “only” lawful money allowed under the Constitution. Article I Section 10: No State shall…make any Thing but gold and silver Coin a Tender in Payments of Debts.
Most aspect of our lives are regulated and controlled by various Alphabet bureaucracies and regulations. Every trade and business is licensed with tons or regulations and taxes. There are different government fees and taxes heaped upon the Citizens of this country. If you want to take you kid fishing, you’re supposed to buy a fishing license for him or her. If you want to dive for lobsters off Florida’s coast, “during those times that you’re allowed to dive for them” lobster season, you must have both a fishing and a lobster license. Every ”Professional Occupation” whatever that means is licensed and highly regulated. I have three Licenses and it has truly been a huge waste of my time and money keeping them active and meeting all the regulatory requirements. Interestingly, the regulators don’t really teach you how to conduct the realistic aspects of business in an ethically manner. Basically, it’s most of the regulation comes down to don’t steal or lie to people and follow the hoards of regulations so we can make money off you.
We’ve have the largest “communist” county in the world, China buying the largest part of our government debt for the last 10 to 15 years. They used their fiat currency to buy our fiat currency.Without the purchase of our debt by other governments it would have been impossible to pay for ¾’s of our government programs over that same period. Before that we have the world largest oligarchy, still controlled by a monarch and powerful families, Japan buying our government debt, to their own demise. And people wonder why we have crashed and are getting ready to burn. From the time you wake up in the morning and take your shower with government regulated water, brush your teeth with government approved toothpaste and eliminate your prior days store of food into a government regulated sanitation system, every product that you use and very action you take is most likely regulated, taxed and/or controlled by the every present Uncle Sam. That is not capitalism.
Remember who is controlling Uncle Sam; that small group which can be best defined as an oligarchy. Remember that term; oligarchy, we are a fascist oligarchy as are most countries today.