First the bankers indebt the
target nation with US$ loans for grand "development' schemes, then they
engineer a collapse of the prices of that nation's exports so the nation can't
earn enough trade dollars to pay the debts, then the IMF rides in to the rescue
with its "privatization" solution to the debt crisis, then the bankers lend
their corporatist allies the money to buy up that nation's infrastructure and
resources at bankruptcy sale prices.
Hey Presto! Ownership of the nation is transferred
into the loving embrace of the corporate capitalists who extract all the
profits from the people's production of wealth, and monopoly profitability
guarantees that the corporations can pay loan interest to their banker backers. The people are taxed to pay perpetual
interest on their government's foreign bond debts, bonds largely held by banks
who simply created the money to buy the bonds. And the people pay tribute in the form of fees charged by
the new capitalist owners to use the very utilities and infrastructure that the
people built up with their own hands.
by JeepersMedia
Marx thought capitalists
would build up the means of production then the workers would overthrow the
capitalists and appropriate that productive infrastructure for themselves. In fact the people built up the infrastructure
then the capitalists came in and appropriated it. Meanwhile the bankers are in the background appropriating
the capitalists. Money-creating
bankers rule from the arcane heights atop this pyramid of power.
That's the neo-conquistador method,
currently known as "neoliberalism".
Naomi Klein calls it "disaster capitalism", and even Wall St refers to
the money that swoops in on the kill as "vulture funds". As long as nations need dollars to
trade with one another, and as long as US chartered bankers are allowed to
create those dollars as loans of credit money, the US regime that creates the
dollars reigns supreme over the world.
Chavez was a baddie,
distributing Venezuela's oil wealth to the benefit of his people and the Latin
American region rather than concentrating the wealth for the benefit of local
and foreign capitalists. No
neoliberal tears were shed for Hugo's passing. Gaddafi was uniting Africa under a new non-US$ international
trade currency, the gold dinar, which would cut the US$ out of the action.
So Gaddafi had to be murdered by NATO and Libya's central bank had to be
"privatized".
Iran is likewise guilty of maintaining
a non-BIS* affiliated central bank and selling oil in currencies other than the
dollar, so Iran's SWIFT codes that enable access to international banking is
shut off to cripple its economy and Iran is obliquely threatened with nuclear
holocaust by the US. If North Korea is China's mad dog by proxy in the Asian
Pacific, then Israel performs the same role for the US in the Middle East. Of course
Iran's ally Syria is besieged to isolate and conquer. China is internationalizing its currency so that nations,
including oil and resource rich Russia next door, can trade with China without
needing dollars. So Obama launches
the nuclear fleet to surround China in his "Asian pivot". And China's mad dog barks madly.
Capitalism is imperialism and
imperialism is capitalism. Capitalism is the opposite of free markets.
Capitalism is simply the less obvious power of control by money rather
than overt control by military might. It is velvet imperialism rather
than gunboat imperialism, though the gunboats are never far from the scene of
the imperialist financial crimes committed against the nations.
How many readers know that
the mid-1800s "Opium Wars" saw British Navy gunboats shell Chinese cities to
force China to keep its markets open to opium sales by that mother of all
corporatist tyrants, the British East India Company? This same corporation was author and beneficiary of the tea
taxes that contributed to America's revolt against British rule. Capitalist Empire is no enemy of
narco-profits. "Prohibition" and
the "war on drugs" merely drives up prices and profits.
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