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The Economic Religion of Finance Capitalism

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By Frank Scott

 

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The Virgin birth.

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The Chosen people.

The Resurrection of the dead.

The Free Market.

 

Which of those is unsupported by material evidence but exists by virtue of practice based on fervent , coerced or simply uncritical belief, and is thus subject to failure at any moment when the belief is shaken to its roots by experienced reality? All of them.

 

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Of course farmers and flea markets are real, as are the corporate malls where millions enter with credit desire and leave in debt frustration. But the global financial market whose minority controllers run the planet is a vast electronic church sustained by a congregation of mentally and physically brutalized parishioners. A political clergy of rabbis, priests and ministers operate its banking cathedrals as an international casino whose minority profits accrue on the loss of billions of people forced to gamble their existence on its success, and their failure.

 

The ruling minority relies on its giant computers, mathematicians and symbol manipulators to transform global wealth into weapons of war for humanity's forced use on itself, and luxury goods for lives of wretched excess for them and their servants. All this is supported by the majority whose struggles for survival increase in debt, pain, and endless war.

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Frank Scott lives in Richmond California and writes political commentary and satire which is available online at Legalienate "¨"¨http://legalienate.blogspot.com"¨

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