For many years, a handful of people have postulated that those who control industry, finance and governments are essentially the same people – a cabal of sorts that have, over generations, solidified their relationships in order to gain greater wealth and power, whilst systematically making things ever more difficult for the free market to exist.
But why should this be? Surely, corporate leaders are more ardently capitalist than anyone else?
Well, on the surface, that might appear to make sense, but once a significant position of power has been achieved, those who have achieved it recognize that, since they’ve already reached the top, the primary concern changes. From then on, the primary concern becomes the assurance that no others are able to climb so high as they have.
At that point, they realise that their foremost effort needs to be a push toward corporatism – the merger of power between government and business.
This is a natural marriage. The political world is a parasitic one. It relies on a continual flow of funding. The world of big business is a study in exclusivity – the ability to make it impossible for pretenders to the throne to arise. So, big business provides the cash; government provides protective legislation that ensures preference for those at the top.
In most cases, this second half of the equation does not mean a monopoly for just one corporation, but a monopoly for a cabal – an elite group of corporations.
This corporatist relationship has deep roots in the US, going back over one hundred years. To this day, those elite families who took control of oil, steel, banking, motor vehicles and other industries a century ago, soon created a takeover of higher learning (universities), health (Big Pharma) and “Defense” (the military-industrial complex).
Through legislation, the US was then transformed to ensure that all these interests would be catered to, creating generations of both control and profit.
Of course, “profit” should not be an evil word, but under crony capitalism, it becomes an abomination – a distortion of the free market and the death of laissez faire economics.
Certainly, this sort of collectivism is not what Karl Marx had in mind when he daydreamed about a workers’ paradise in which business leaders retained all the risk and responsibility of creating and building businesses, whilst the workers had the final word as to how the revenue would be distributed to the workers themselves.
Mister Marx failed in being objective enough to understand that if the business creator took all the risk and responsibility but gave up the ability to decide what happened to the revenue, he’d never bother to open a business. Even a shoeshine boy would reject such a notion and elect to go on the dole, rather than work.
Mister Marx sought more to bring down those who were successful than to raise up those who were not, yet he unwittingly created a new idea – corporate collectivism – in which the very people he sought to debase used the appeal of collectivist rhetoric to diminish both the freedoms and wealth of the average worker.
On the surface, this might appear to be a hard sell – to get the hoi polloi into the net – but in fact, it’s quite easy and has perennially been effective.
Hitler’s New Order was such a construct – the promise to return Germany to greatness and the German people to prosperity through increasingly draconian laws, warfare and an economic revolving door between government and industry.
Of course, a major influx of capital was required – billions of dollars – and this was eagerly provided by US industry and banks. Heads of New York banks not only funded Nazi industry; families such as the Fords, Rockefellers, Morgans, etc., sat on the boards of German corporations.
The Nazi effort failed, as they underestimated the Russian will to fight to the death. (Eighty percent of all German Army deaths were due to the Russian campaign.)
But those in New York were able to regroup and be first in the queue for the restructuring of German industry after the war and, ultimately, profited handsomely.
But most significantly, the idea of corporatist collectivism did not die. Even before the war, the same group of families and corporations had drawn up the plan for Franklin Roosevelt’s New Deal.
Mister Roosevelt was a dyed-in-the-wool Wall Street man and a director of New York banks. In the 1930s and early 1940s, he created, as president, a revolving door that favoured large corporations, whilst the average American was consciously kept at the subsistence level through government entitlements.
The scam worked. Shortsighted Americans not only were grateful; they deified him for it.
Likewise, John Kennedy’s New Frontier sought to revitalize the concept, as did Lyndon Johnson’s Great Society: Give the little people entitlements that keep them little. Tax smaller businesses and create a flow of tax dollars to the elite industries, who, in turn, provide monetary favours to the political class.
The Green New Deal is merely the latest corporate collectivist scheme on the list.
Corporate collectivism can be defined as a system in which the few who hold the legal monopolies of finance and industry gain an overriding control over all others, and in so doing, systematically extract wealth from them.
Today, this system has become so refined that, although the average American has a flat screen TV and an expensive smartphone, he cannot raise $400 to cover an emergency that occurs in his life. He is, for all practical purposes, continually bankrupt, but still functioning in a zombie-like existence of continual dependency.
This, on the surface, may not seem all that dangerous, but those who cannot buy their way out of a small emergency are easily controlled. Just create an emergency such as an uber-virus and that fact will be illuminated quickly.
In order to maximise compliance in a population, maximise their dependence.
As stated above, this effort has been in play for generations. But it is now reaching a crescendo. It’s now up to speed in most of the former Free World and those who hold the strings are ready for a major step forward in corporate collectivism.
In the coming year, we shall see dramatic changes appearing at a dizzying rate. Capital controls, migration controls, internal movement controls, tax increases, confiscation of assets and the removal of “inalienable” rights will all be coming into effect – so quickly that before the populace can even grasp the latest restrictions, new ones will be heaped on.
As this unfolds, we shall witness the erosion of the nation-state. Controls will come from global authorities, such as the UN, the IMF and the WEF. Organisations that have no formal authority over nations will increasingly be calling the shots and people will wonder how this is possible. Elected officials will increasingly become mere bagmen, doing the bidding of an unelected ruling class.
The changes that take place will be not unlike a blanket that is thrown over humanity.
The question then will be whether to, a) give in to this force, b) to fight it and most likely fall victim to it, or c) seek a means to fall outside the perimeter of the blanket.
Editor’s Note: Unfortunately most people have no idea what really happens when a government goes out of control, let alone how to prepare…
The coming economic and political crisis is going to be much worse, much longer, and very different than what we’ve seen in the past.
That’s exactly why New York Times best-selling author Doug Casey and his team just released an urgent video. Click here to watch it now.