posted on Jan, 3 2019 @ 07:05 PM
a reply to: ClovenSky
He is actually the godson of Trotsky. And his views are really interesting. Apparently he’s written a book about the history of economics, which he
studied with museums, linguists, and experts of ancient cultures. He also goes very much into the origins of socialism and according to him, there was
a class war between the rentier class, the banks, and other groups against the working class. The banks et al won, and then erased the history of the
clash, and changed the meanings of the terms in order to erase the ideology of the founders of socialism.
According to him, the free market, under Adam Smith, and the classical economists, meant a market free from interest, taxes, and monopolies.
Taxes, as we all know, were originally on the top earners. But it’s more. Taxes were only supposed to be on unearned income ie income that we
exploit others for. Interest, rent, and speculation. Now free market means the opposite, a market free from any protections where capital has
unfettered reign to exploit without any regulation.
Then there’s the word reform. Reform used to mean changing the business model so that workers kept the majority of the profit their work
created. Now reform means austerity, allowing businesses to extract and monopolize all public works and the citizens foot the bill.
He goes on to many different subjects. He talks about how modern economists don’t calculate debt in any govt gdp statistics. And how all bank
interest, rent, etc is added to gdp when in fact it should be subtracted because it removes that money from the economy without creating a product.
He was the one who predicted the crash in 08. He also talks about how the whole point of offshore accounts (which the govt went to him to create) were
there to allow drug money to create liquidity in the us economy, and this is largely what kept our economy going the past few decades. Drug lords
deposit their money in offshore amnesty accounts, it’s then available for banks to lend, and allows US dollars to circulate. Really phenomenal