Wednesday, October 20, 2021

Financial Totalitarianism

 "Let us control the money of a nation, and we care not who makes its laws" was said to be a "maxim" of the House of Rothschilds, or, even more vaguely, of the "money lenders of the Old World".

This is a play on an English proverb, "Let me make the songs of a nation, and I care not who makes its laws." 

 

The mystery of totalitarianism

Controlling the individuals in society is a fundamentally different proposition than ordering their lives together.
  • Adam Smith famously explained it as a moral paradox embedded in individual human nature and its collective consequences involving an "invisible hand" in 1776.
  • Frederick Hayek linked it to centralized planning versus decentralized competition in his chapter on "Individualism and Collectivism" in "The Road to Serfdom" in 1944.
But, perhaps, the most penetrating investigations for today's reader are found in the writings of various 20th century thinkers who witnessed and sought to explain the spectacular displays of something they called totalitarianism which engulfed their world and marked their century.

We like to think that totalitarianism is no longer with us since the fall of Nazi Germany and the Soviet Union ... that we have been enlightened beyond its reach ... that it will never come our way again.

But that is simply delusional thinking which demonstrates the unappreciated danger in which we reside in the modern world where technological implementation of closed systems of social credit are no longer Orwellian prophecies but daily realities.

The anticipated "police forces" and "Truth Ministries" which Orwell predicted do exist and are active ... but they are held largely in abeyance by the vastly more pervasive and effective financial coercion that, as noted above, overrides all national boundaries, laws and opposing sociological infrastructures [including family] by controlling what F. Bastiat renamed the last two of Jefferson's fundamental natural rights ... Labor and Property.

For the reader who would think about what we really face in today's world of lawless central bank power and how that power is subverting all sociological structures, I offer the following essay on