The Dawn of International Socialism
There are winners and losers whenever a system changes. But because the coming Socialism is already proving to be systematically corrupt and in no way will be based on merit, we are doomed to be governed by unimaginative, humourless individuals with no emotional or intellectual intelligence.
Talk of the nationalization of the Bank of America and Citiban, is just another in a series of events which appear to culminate in the rapid introduction of international socialism through the “nationalization” of all major facets of social life around the developed (economically insolvent) world.
Investors’ concerns that the Obama administration will have to take over one or more large financial groups heightened as Chris Dodd, chairman of the Senate banking committee, admitted a temporary nationalisation of some banks “may happen”.
Temporary is a very rubbery term. Even the word “day” is rubbery. It could mean a million years, for example. More clear is the trend towards rapid growth of Government ownership of key assets, especially those of the financial sector, resulting an extreme centralization of power. This can already be seen in practically all sectors, aside from retail:
- Banking (in process)
- Health (half complete)
- Education (almost complete from the outset)
- Manufacturing (in process)
The only area which has not been invaded by government is the retail sector, which is of little importance.
Government control of infrastructure is not altogether bad. In a representative democratic system, the idea is that the voters are the shareholders of the Government, and the more the Government owns, the more a share (or a vote) counts. There is very little use, for example, in voting for or against a policy of government when there are no assets with which to enact that policy. For example, changing police laws is meaningless if everywhere there are private security firms and, essentially, “private” justice.
The difference is that governments are being set up to default on these purchases. The government “buys” everything on the public purse, but when it is over a barrel with its debts, the government will be at the whim of its financiers, more than it has ever been. Once this occurs, we can anticipate the rapid decline of democratic process to the point that it is formally done away with.
The financiers of governments may not force the governments to sell their assets, as the future model is probably not going to be “capitalist”, but by becoming the owners of the government they will exert their control in appointing leaders and directing policy, including foreign policy. The financiers will amass infinite wealth by becoming tax collectors, not merely through private debt, but now through public debt.
In the past, democratic process and free enterprise has improved the lot of those who are part of it, because the system rewarded hard work and allowed the populace determine what constitutes “merit” and who should be leaders on the basis of that merit.
Currently merit is determined by the media and state run education, but only insofar as it can influence the populace. The Internet is changing this, and the intellectual power of the public has grown (alarmingly, in the eyes of the Establishment).
The future may well involve the removal of the very things that the public uses to influence the world: money, politics and free speech. By socializing money (all banks being government owned with the politicization of credit and regulation of all enterprise) and bankrupting government (transferring its ownership away from the public), people will have no way to change the things they do not like about their circumstances, except through the same means that were employed in the Soviet Union. People will stop working hard, stop caring, and anyone showing any signs of resistance will be removed.