I tried to explain this in prior posts, and as the Trojan horses of Carbon Credit Fascism advance their deadly “cure” for the “advanced stage of Capitalism’s decline” it bears repeating. Karl Marx got it wrong. Marcus Arruda gets it wrong, yet, like many economists today, he so elegantly gets many other points dead to right. Beyond his Marxist leanings, he could be the national spokesperson for letthemfail, if not for having fallen into the globalist trap of blaming Capitalism for the global speculation economy’s seeds of world-wide destruction.

Arruda correctly perceives in his (must read) article, of nearly a year ago, the lead up to this year of economic perversion, with salient gems like:

The unlimited right of governments and companies to issue these papers has led to the world’s markets being inundated with virtual money, because a large part of the papers are launched on the supposition that, sooner or later, the government or company will be able to turn them into real wealth and so redeem them for the value that they are supposed to represent. This supposition belongs to the subjective sphere of the economy, that which operates on the basis of non-material values like confidence, foresight, hope and so on.

But then he flounders with:

This, in a word, is the keynote of the advanced stage of world capitalism: profiting without producing. In practice, neoliberal capitalism is responsible for the casino-economy that has globalised in the world today.

“Profiting without producing” in no way represents an advanced stage of neoliberal Capitalism. Capitalism in and of itself was never designed to inherantly culminate in rampant leveraging and speculation. And it does not imply risk-free speculation.

A global environment where outrageous speculative risk is mitigated by an implicit taxpayer guarantee against failure is essentially Corporate Fascism, not “neoliberal Capitalism”.

This is todays global socio-economic environment. The governments of sovereign nation states are CAPTURED by their central banks and the global multi-national banks who own them.

“When economic power has control of government: this is Fascism (FDR)”

Surely anyone witnessing the ongoing taxpayer bailouts, and the refusal of governments world-wide to allow these bankrupt global bailout queens to fail, simply must see this. As European nations go into sovereign default after banks connived them into debt swaps–then shorted them–we here at letthemfail hope that anyone still clinging to the current “recovery” fantasy (or the idea that governments have the best interest of the working class at heart) has secured a good malpractice attorney for their recent brain surgery.

Hopeless romantics and eternal optimists aside, what we have today is the early onset of Corporatism, well in place globally since 2007 and headed toward Global Corporate Fascism under an attempted carbon control and manipulation scheme ruled by multi-national corporations and central banks. We even have high ranking European government officials calling for a literal “bankers dictatorship” over the European Union. To call this situation”Capitalism” is a travesty.

I’ll say it again. INDIVIDUALISM is the true hallmark of Capitalism, and is the foundation of what was once America’s greatness. America’s lost Capitalism was closer to industrial capitalism than financial capitalism, which was despised by the founding fathers as a practice of the Rothschild banking interests emanating from the tyranny of British rule.

INDIVIDUALISM is the great threat to Global Fascism, because it provides OPPORTUNITY, it rewards a great new idea, it rewards individual achievement, and it rewards the traditional American values of sacrifice for the future and a solid work ethic.

The intellectual elite and world bankers have always lured the middle class away from those values and back into debt under their false promise of wealth without basis, profit without producing, and their mountains “of speculative money, with no basis in the real economy“,  all the while blaming capitalism–as they fly the false flag of socialism, their societal cure, to lure the progressives into their Globalist trap.

But the con is quite simple: When you take the risk, you can lose, when we take the risk and lose, you pay. This is corporate Fascism under a speculation model that has nothing to do with Capitalism and even less to do with it’s main ingrediant, individualism.

The ideal of INDIVIDUALISM can never co-exist in the paradigm of Global Fascism, for the old money parasites will always drain the productive wealth of the middle class to perpetuate their fantasy of wealth without basis. It is the fading dream of INDIVIDUALISM that is dying in the land of OPPORTUNITY. As capitalism continues to be blamed for all our ills, both are being abandoned to welcome the comforting arms of Big Brother, led by the socialist, progressive ideology which has captured our political system in order to keep the old money parasites alive and reduce their middle class host to a passive common denominator.

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