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Forum Post: Free Market Capitalism is a Euphemism for Neo Feudalism

Posted 8 years ago on July 11, 2012, 11:53 a.m. EST by agkaiser (2477) from Fredericksburg, TX
This content is user submitted and not an official statement

“The free market was a great idea. While individuals made goods or grew crops and sold or traded them in the the town square, each doing his or her own work and each living by it, the interchanges distributed an individuals excess production to those who could exchange their own for that which one another lacked. We no longer live in such a simple and efficient world. “Free Market Capitalism is an oxymoron and a threat to the Human Race. It is at the other end of the market spectrum from each individual seeking a livelihood for self and family. A few elites of the ruling class dominate commerce in goods we all work to produce and they hoard the profits for themselves. They do no work. Others work for them and they take the profit. “The economic system dominated by capitalists has devolved to the antithesis of a free market. If capitalism had been banned, the market wouldn't be free. Because usury wasn't banned, the market lost its freedom. Like the antecedent feudalism, too much of the privatized commons are owned or controlled by too few individuals. We are owned by the rich, who are an atavist feudal aristocracy. How did we get here from each individual working in his or her own self interest? (The freedom of the market had all but disappeared by the time Smith identified it.) Why do we respect the debt and its owners who, by the use of the contracts they've extorted, enslave us? “The simple answer to the first question is: successful merchants and industrialists put their money to work at usurious finance and banking. The fortunes began to increase exponentially by the percentage taken from entrepreneurs and ultimately consumers, the source of all work and wealth. The new start ups became more and more hobbled by the older money as time passes. Eventually most people have become bound to the ruling class by debt. As opportunity declines, the competitive hopefuls descend to the lowest common denominator of morality and scruples.

For more on dysfunctional economy and culture see: How Does That Work? https://www.createspace.com/3852916, which the above is copied from.



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[-] 2 points by ThomasKent (131) 8 years ago

Declaration of Independnce is our cure for this form of neo-feudalism.

The Declaration of Independence boldly states that “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.—” is a founding principle of our country. Also in the Declaration it is said,” all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.”

John Adams and the Declaration of Independence http://www.youtube.com/watch?v=nrvpZxMfKaU [right click]

The one and only abstention to the Declaration of Independence was New York. They still haven’t gotten aboard over two hundred and twenty-five years later.

The failure of DOJ to prosecute Goldman Sachs for swindling the housing market by selling short on subprime mortgages, betting against the securities they sold to their investors whose confidence was sworn, is the silhouette of conspiracy against the lives and liberties of all Americans.

Goldman Sachs owns DOJ http://www.bloomberg.com/news/2012-08-10/what-goldman-sachs-did-and-the-justice-department-didn-t.html [right click]

Who can Americans trust, do nothing Democrats or self-destructive Republicans? A plague on both your houses.

Max Keiser on Superstitious Trading http://www.youtube.com/watch?v=LGK4_ItBORc&feature=youtu.be [right click]

[-] 2 points by Nevada1 (5843) 8 years ago

Thank you for this forum post.

[-] 1 points by agkaiser (2477) from Fredericksburg, TX 8 years ago

:) You're welcome!