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★ Capital & Capitalism (II)

Capital & Capitalism (II): see Capital & Capitalism I & Business & Money & Federal Reserve & Banksters & Economics & Company & Corporation & Debt & Greed & Export & Import & Market & Stocks & Fortunate & IMF & Wealth & System & Trade

Emma Goldman - Abby Martin & Richard Wolff - Abby Martin & Peter Joseph - Spitting Image TV - Joe Crow Ryan - The Corbett Report - Naomi Klein & The Shock Doctrine 2009 - Saving Capitalism 2017 - The China Hustle 2018 - 97% Owned: Economic Truth 2012 - Capitalism is the Crisis 2011 - The Treason Trilogy 2011 - Chris Hedges - Betting on Zero 2016 -

 

 

120,739.  That cursed society in which one may see a single man spending uselessly enough to feed thousands of families, an infamous society which permits a few individuals to monopolise all the social wealth while there are hundreds of thousands of unfortunates who have not even enough bread that is not refused to dogs, and while entire families are committing sucide for want of the necessities of life.  (Capitalism & Society & Anarchism)  Emma Goldman, Anarchism and Other Essays ***** audiobook 6.57.08, part III  

 

 

102,319.  From a young age we’re taught fidelity to the system and to the state … In almost every industrialised country in the world socialist parties have huge representations … but in America everyone knows that being called a socialist or a communist carried an immediate negative connotation.  (Capitalism & Socialism & Repression & Communism)  Abby Martin: The Empire Files: America’s Unofficial Religion: The War on an Idea, Youtube 2015

 

102,320.  In the late 1800 there was an intense battle between organised labour and the country’s industrial capitalists.  (Capitalism & Socialism & Repression & Communism)  ibid.  

 

102,321.  It’s been a real battle with real weapons.  (Capitalism & Socialism & Repression & Communism)  ibid.

 

102,322.  Repression in the country’s was reinforced by hired gangs and lynch-mobs.  (Capitalism & Socialism & Repression & Communism)  ibid.  

 

102,323.  But with the new law every single union officer was required to sign an affidavit pledging that they did not believe in socialism.  If you did not sign, you lost your job.  (Capitalism & Socialism & Repression & Communism)  ibid.  

 

102,324.  Under the Smith Act it was deemed illegal for anyone to be a member of the communist party.  (Capitalism & Socialism & Repression & Communism)  ibid.  

 

102,325.  The old guard will use every weapon in its arsenal.  (Capitalism & Socialism & Repression & Communism)  ibid.

 

 

102,311.  In a country that declared the end of socialism a major poll released in January 2016 revealed something unexpected: 43% of people under 30 in the US viewed socialism favourably; compared to only 32% viewed capitalism favourably.  (Capitalism & Socialism)  Abby Martin, The Empire Files: How Capitalism is Killing Itself with Dr Richard Wolff, Youtube 2016

 

102,312.  The problems are systemic.  (Capitalism & Socialism)  ibid.  Wolff

 

102,313.  The system has in it problems it is constantly struggling with because they are built into the system.  (Capitalism & System & Socialism)  

 

102,314.  They don’t see a way out and I don’t either.  (Capitalism & Socialism)  ibid.

 

102,315.  Here in the United States you see the theatrical buffoonery.  (Capitalism & Socialism)  ibid.

 

102,316.  Democratize the Enterprise.  (Capitalism & Socialism)  ibid.  

 

102,317.  Those at the top will buy the political system.  (Capitalism & Socialism)  ibid.

 

102,318.  You [employer/corporation] just ripped people off.  (Capitalism & Socialism)  ibid.

 

 

110,394.  Our economy is based on comsumption, and advertising is the arm of creating artificial demand.  (Capitalism & Advertising)  Abby Martin, The Empire Files: Abolishing Capitalism with Peter Joseph, 2017, Joseph

 

110,395.  Where is the sympathy?  Where is the actual binding purpose of an economy which is to provide for everyone ideally?  The sickness is becoming incresingly more palpable.  ibid.

 

110,396.  83% of all stocks are owned by 1% of the population.  (Capitalism & Stocks & Wall Street)  ibid.

 

110,397.  It’s a cancerous disease.  (Capitalism & Stocks & Wall Street)  ibid.

 

110,398.  Wall Street: there is nothing positive that this institution does.  (Capitalism & Stocks & Wall Street)  ibid.  

 

110,399.  So you have today about $200 trillion in debt in the world and about $80 trillion in currency.  (Capitalism & Debt)  ibid.  

 

110,440.  Every time there’s a bust … creates cheap labour.  ibid.

 

110,441.  The waste is insane.  ibid.

 

110,442.  The medical industry is the best example of artificial scarcity … The biggest fraud industry out there.  ibid.

 

 

103,306.  You know, Thora, whatever one says about the limitations of a capitalist society it has achieved a remarkable diversity of sweet-tea biscuit.  Spitting Image s8e4, ITV 1990, Alan Bennett  

 

 

105,464.  Goldman Sachs is just plain evil

They are evil as can be,

Goldman Sachs are such a liar

They say one and one makes three

When the funds they sold their junk to

Tanked, they went on a spree

Goldman Sachs is just plain evil

They are evil as can be.  (Capitalism & Banksta & Evil)  Joe Crow Ryan, 2010 song Youtube

 

 

105,465.  In our post-Lehman, post-subprime, post-banksta-bailout world, Goldman Sachs is a synonym for evil.  (Capitalism & Banksta & Evil)  The Corbett Report, ‘Meet Goldman Sachs the Vampire Squid’

 

105,466.  ‘They’re pathological.’  (Capitalism & Banksta & Evil)  ibid.  F William Engdahl

 

105,467.  ‘The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells of money.’  (Capitalism & Banksta & Evil)  ibid.  article  Matt Taibbi, Rolling Stone magazine

 

105,468.  ‘How Goldman Sachs basically created, did the great crash of 1929.’  (Capitalism & Banksta & Evil)  ibid.  Thom Hartmann show 2009, cited Galbraith

 

105,469.  Goldman’s contribution to the subprime meltdown of the previous decade …  (Capitalism & Banksta & Evil)  ibid.   

 

105,470.  ‘So for Goldman to get into the ten billion dollar cheque for bailout they had to go from a gambling house, an investment bank, into a nice commercial bank.’  (Capitalism & Banksta & Evil)  ibid.  Greg Palast, interview Democracy Now

 

105,471.  The tissue of wanton criminality that permeates the very fabric of Goldman Sachs history.  (Capitalism & Banksta & Evil)  ibid.  

 

105,472.  ‘Doin’ God’s work.’  (Capitalism & Banksta & Evil)  ibid.  Lloyd Blankfein

 

105,477.  When Goldman Sachs becomes Government Sachs … well who is going to stop them and how?  (Capitalism & Banksta & Evil)  ibid.

 

105,478.  Save this company, don’t save that one – who’s making those decisions?  Oh that’s right, Hank Paulson, ex-Goldmanite.  (Capitalism & Banksta & Evil)  ibid. 

 

105,479.  Wait – did he say drain the swamp or to fill the swamp as quickly as possible with as many members of Goldman Sachs as can possibly be stuffed into it?  (Capitalism & Banksta & Evil)  ibid.  

 

 

107,964.  The economic chaos that we’re seeing right now on Wall Street and on Main Street and on Washington stems from many factors of course but among them are the ideas of Milton Friedman.  (Capitalism & Crisis)  The Shock Doctrine, 2009, Naomi Klein

 

107,965.  The thesis of the shock doctrine is that we’ve been sold a fairy tale about how these radical policies have swept the globe, that they haven’t swept the globe on the backs of freedom and democracy, but they’ve needed shocks, they have needed crises, they have needed states of emergencies.  (Capitalism & Crisis)  ibid.

 

107,966.  With the population in shock, Pinochet imposed the policies recommended by the Chicago boys: the removal of price controls, the sale of state companies, the removal of import barriers and cuts to government expenditure.  Friedman later acknowledged the importance of the Chilean experiment.  It didn’t work.  (Capitalism & Crisis & Chile)  ibid.  

 

107,967.  This savage stream of pure capitalism … came to dominate the world.  (Capitalism & Crisis)  ibid.  Klein

 

107,968.  Friedman enjoyed a friendly relationship with Nixon.  Several of his Chicago School colleagues and disciples were recruited to work for the government.  Donald Rumsfeld was one of them.  (Capitalism & Crisis)  ibid.  

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