CAPITALISM HAS MUTATED INTO MONOPOLY OWNED GOVERNMENT WELFARE TO MULTINATIONAL SCAMMERS = SELF-DESTRUCTION! WHEN IS THE ONLY QUESTION?
Karl Marx Was Right by Chris Hedges
Click for Source Article by Chris Hedges
Left Forum (NYC) = Chris Hedges + Richard Wolff + Gail Dines = Discuss Karl Marx on Global Capitalism’s Collapse
Karl Marx = Dynamics of capitalism mode of production + Seeds of its own destruction = Ideologies like Neoliberalism created to serve the SUPER-RICH ELITISTS
NEOLIBERAL ELITIST CLASS = Controls “material production” + “mental production” = Nothing but “dominant material relationships” = “Make one class the ruling one.”
MARX = Capitalism will exhaust its potential and collapse even though capitalism has been able to innovate and adapt he knew that capitalist expansion was not eternally sustainable.
MARX = Predicted the disintegration of globalism = “No social order ever disappears” until a “new higher relations of production” has “matured in the womb of the old society itself.” = Mankind always sets itself only such tasks as it can solve = Material conditions necessary for its solution already exist, or are at least in the process of formation.
Socialism = Not possible until capitalism is exhausted = NORDIC NATIONS
Final stages of capitalism = Unable to expand and generate profits at past levels + Capitalist system begins to consume itself (people and structures that sustained it) + Preys in the name of austerity on the working class and the poor (Deeper into debt and poverty and diminishing capacity to serve the needs of ordinary citizens) + Relocate manufacturing and professional jobs (to Slave Labor Nations) + Automates all Industries = Economic assault on Middle class (Bulwark of a capitalist system) + Humanity is ignored as MULTINATIONAL CORPORATE PROFITS DOMINATE + CONTINUOUS DEBT EXPANSION.
BREAKING POINT = Debt expansion leads to NO OPPORTUNITIES FOR NEW MARKETS OR EXPANSION + NO new pools of people to take on more debt (Like subprime mortgage crisis = NO new subprime borrowers so SCAM so system falls apart and crashes = SUCKING UP MIDDLE CLASS MONEY TO KEEP IT ALIVE USING ENDLESS FED RESERVE FAKE MONEY THAT DESTROYS BUYING POWER of CITIZENS = DEVALUES AND DEGRADES DOLLAR TO NEAR ZERO VALUE = ROBS 98% OF AMERICANS OF THEIR ABILITY TO SURVIVE).
ELITIST Capitalist oligarchs = Hoard MASSIVE WEALTH = $18+ Trillions stashed in overseas tax havens = NO PRODUCTIVITY = USELESS to ECONOMY = Exacted from those they dominate + USURY indebted + impoverish
CAPITALISM = Lastly Turns against “so-called free market” in favor of GOVERNMENT IMPOSED MONOPOLIES feeding as PARASITES off SOCIETY-TAX PAYERS
CAPITALISM = Pillages the systems and structures that made capitalism possible.
CAPITALISM = Resorts to imposing widespread suffering and Repression in Frantic last stand to maintain its profits by looting and pillaging state institutions, contradicting its stated nature.
CAPITALISM = Marx warned that in late stages of capitalism huge corporations would exercise a monopoly on global markets. = “The need of a constantly expanding market for its products chases the bourgeoisie over the entire surface of the globe. It must nestle everywhere, settle everywhere, establish connections everywhere.”
CAPITALISM = Multinational Corporations (Banking + Agricultural + Weapons + Communications) seize GOVERNMENTS to prevent anyone challenging their monopolies = Fix HIGH prices to maximize profits + Push GLOBAL deals (TPP + TTIP + CAFTA) to DESTROY nation-state’s ability to BLOCK unlimited exploitation of HUMANITY AND EARTH = ENSLAVE AND IMPOVERISH AND EVENTUALLY DESTROY 98% OF HUMANITY = EVENTUALLY ZERO Free Market Competition.
CAPITALISM IN FINAL DECAY = May 22, 2015 editorial in The New York Times = “…Citicorp, JPMorgan Chase, Barclays and Royal Bank of Scotland are felons, having pleaded guilty on Wednesday to criminal charges of conspiring to rig the value of the world’s currencies.” + “…lengthy and lucrative conspiracy enabled the banks to pad their profits without regard to fairness, the law or the public good.” = HAND SLAPS = “…banks will pay fines totaling about $9 billion” ON $10s of TRILLIONS IN TOTAL BANKSTER ROBBERIES = (CLAIM MEASLY $85 BILLION by BANKSTER COLLUDING DOJ IN-Justice Department.
CAPITALISM IN FINAL DECAY = NOT Capitalism at all = FASCIST GOVERNMENT MONOPOLIES = Corporations gobble down government TAXPAYER MONIES = Pigs at a trough.
CAPITALISM IN FINAL DECAY = $612+ BILLION/YEAR TO WEAPONS Industry = ACTUALLY $1.4 TRILLION/YEAR WHEN ALL WAR-MONGERING IS INCLUDED!
CAPITALISM IN FINAL DECAY = $348 BILLION / Next Decade = Nuclear Weapons + 12 new Ohio-class nuclear submarines = $8 billion each FOR FAKED WAR ON TERROR = FAKED ISIS does not own a rowboat = RATHER THAN REBUILDING AMERICAN INDUSTRIES AND INFRASTRUCTURE FOR THE FUTURE + FEEDING IMPOVERISHED CHILDREN + CREATING EMPLOYMENT.
CAPITALISM IN FINAL DECAY = $100 Billion/year on Surveillance & intelligence = 70% of that money goes to private contractors such as Booz Allen Hamilton (99% of its revenues from U.S. TAXPAYERS)
CAPITALISM IN FINAL DECAY = $5.3 Trillion /Year GLOBAL DIRTY ENERGY fossil fuels COST says International Monetary Fund (IMF). + $492 Billion/Year in WELFARE from governments in write-offs and write-downs and land-use loopholes = IMPOSING Deadly effects of DIRTY ENERGY emissions on HUMANS
CAPITALISM IN FINAL DECAY = Taxpayers Give Big Banks $83 Billion a Year = WELFARE TO BANKSTERS Lowering the big banks’ borrowing costs by ALMOST 1% (that is BELOW ZERO)
CAPITALISM IN FINAL DECAY = $64 BILLION/ YEAR IN WELFARE to 5 BANKSTERS (JPM + B of A + Citigroup + Wells Fargo + Goldman Sachs) = Their SO-CALLED “Profits they report are essentially transfers from taxpayers to their shareholders.”
CAPITALISM IN FINAL DECAY = 41% of GDP = Government Expenditures = Corporate WELFARE for Privatization of whole parts of the military + Contracting of corporations for 70% of intelligence gathering + Privatized Prisons + Schools + Disastrous for-profit health care SCAMS = CREATING CRIMINAL SCAMS THAT SUCK AMERICANS INTO POVERTY MAKING SUPER-RICH SUPER-RICHER! = ZERO EFFORTS ON EFFICIENCY OR LOWER COSTS = MAXIMIZE INEFFICIENCIES AND COSTS (LIKE F35 + SUBMARINE SCAMS)
CAPITALISM IN FINAL DECAY = Creates a carcass of the state + Disintegrates the structures that sustain capitalism itself.
CAPITALISM IN FINAL DECAY = Marx saw capitalism (Free trade + Free markets + Individualism + Innovation + Self-development works only in the utopian mind never in reality) causes hoarding of wealth by a tiny capitalist ELITIST GROUP + Exploitation of workers + Masses can no longer buy CHIOT that propelled capitalism forward + Wealth goes to ELITISTS (O.OOO13%) = World’s richest 1% = Own 50+% of world’s wealth
CAPITALISM IN FINAL DECAY = Assaults the working class for 4 decades = FLAT INCOMES + SLAVE LABOR IN ASIA (NEXT AFRICA 22 cents/hour) CAUSED LOSS OF 60,000 FACTORIES AND 12+ MILLION JOBS
CAPITALISM IN FINAL DECAY = Working poor forced to compete with SLAVES IN AFRICA = Serfs in the global marketplace = USA #1 IN INCOME AND WEALTH INEQUALITY IN DEVELOPED WORLD = Non-unionization + Use foreign engineers and software specialists that do professional work = All these workers with NO rights of citizens.
CAPITALISM IN FINAL DECAY = Capitalists engineered this HORRIBLE SITUATION and MAKE IT EVEN WORSE WITH Global loan sharking (USURY RATES in 1,000s %) and speculation BETS ON WHO WILL DIE NEXT.
CAPITALISM IN FINAL DECAY = Bundle unpayable debts into credit default swaps + OTHER GIMMICKS sold to Pension funds, cities as SURE LOSERS and THEN BET WORKERS WILL LOSE THEIR PENSIONS.
CAPITALISM IN FINAL DECAY = Marx called “fictitious capital” = Vaporization of money = NEXT CRASH WILL END THIS FAKED CAPITALISM = Far worse than the global crash of 2008. OH ! FED RESERVE WILL TRY ISSUING EVER LARGER DEBT MONEY ADDED TO BANKSTER LOOTING THAT WILL DESTROY SAVINGS = DESTROYING THE ELDERLY AND STUDENTS AND NEW GRADUATES = Crippling with personal debt and NO BUYING POWER.
CAPITALISM IN FINAL DECAY = Austerity is ELITISTS policy for the 99% = Victims of financial fraud
CAPITALISM IN FINAL DECAY = Marx described the tactic used in 2008 = Massive state (TAXPAYER + FED RESERVE) intervention in the economy to SAVE THE ELITIST CRIMINALS = GOLDMAN + JPM + AIG.
CAPITALISM IN FINAL DECAY = 2008 Welfare Socialism state for the Criminal Financial ELITISTS as Marx predicted followed by an increasing and volatile cycle of booms and busts = System closes in on disintegration and collapse = Two major stock market crashes + Implosion in real estate in 1st decade of 21st century.
CAPITALISM IN FINAL DECAY = Corporations own LYING media work overtime to sell public the fiction of a recovery using FAKED NUMBERS AND OUTRIGHT LIES.
CAPITALISM IN FINAL DECAY = MEDIA gives AMERICANS a twilight zone of global capitalism with some EVIL TRICKS LEFT TO PLAY but which ultimately END IN DISASTERS for HUMANITY.
CAPITALISM IN FINAL DECAY = MULTINATIONAL CORPORATE CONTROL AND STRANGULATION OF GOVERNMENTS AND TAXPAYERS = CAPITALISM FINAL BREATH AS IT DESTROYS ITSELF.
ONLY QUESTION LEFT = WHEN?
“The old is dying, the new struggles to be born, and in the interregnum there are many morbid symptoms,” Antonio Gramsci wrote.