I am confused about your title and its use of “predatory Capitalism” because I couldn’t see how it applied to the content of your article.
Capitalism, in its unadulterated form, is a form of economics that involved voluntary exchanges between people. Crony Capitalism (aka modern fascism) is what we have today which has a “predatory” nature.
ECONOMICS is the study of people engaged in trade.
People act as producers and consumers. In voluntary trade, people act to exchange the use of their person (body, mind and efforts) to produce goods and/or services for acceptable compensation (money or equivalents.)
People employed in Governments act to referee trade between people, and receive coerced compensation for these non-negotiable services.
Thanks for your comments, Gene. I'm fairly certain this term applies; I explain my reasoning from minute 8 of the presentation, on. We're not talking about plain old-fashioned cronyism here. The 'predatory nature' of this perverted form of Capitalism is now on a Global scale (not surprisingly), and systemic. This isn't just petty criminality, as mentioned, it is a kind of 'Taxation without Representation' . . . and everyday people are done with being 'cash cows' for elites, unaccountable and otherwise. To clarify: I am a proponent of Capitalism in general, though in a form closer to that practiced by the Ordo Liberals, as opposed that of the Neoliberals (as mentioned in my last Substack). I look forward to expanding on this soon.
Governments are broke hence the need to tax more aggressively/efficiently. The move to CBDC will generate 35% more tax revenue is their belief (this is their estimate for the underground economy). Every payment/exchange will be tracked and taxed. They will move to close down bartering as a reaction to CBDC. Home gardens would be an obvious source of goods to barter. When they tell you gardens are illegal..... well will it be to late or will that be the wakeup call?
You're probably correct. In the New Fiscal Age they are going to come after us with taxes on everything. 'Tax and Spend' until we 'own nothing.' . . as per the WEF's plan. The only way out of this, I believe, is for us all to understand the game they are playing. I think my next update here, Neoliberalism Part II, will go a long way to demystifying things. Thanks for your comment :-)
I am confused about your title and its use of “predatory Capitalism” because I couldn’t see how it applied to the content of your article.
Capitalism, in its unadulterated form, is a form of economics that involved voluntary exchanges between people. Crony Capitalism (aka modern fascism) is what we have today which has a “predatory” nature.
ECONOMICS is the study of people engaged in trade.
People act as producers and consumers. In voluntary trade, people act to exchange the use of their person (body, mind and efforts) to produce goods and/or services for acceptable compensation (money or equivalents.)
People employed in Governments act to referee trade between people, and receive coerced compensation for these non-negotiable services.
Thanks for your comments, Gene. I'm fairly certain this term applies; I explain my reasoning from minute 8 of the presentation, on. We're not talking about plain old-fashioned cronyism here. The 'predatory nature' of this perverted form of Capitalism is now on a Global scale (not surprisingly), and systemic. This isn't just petty criminality, as mentioned, it is a kind of 'Taxation without Representation' . . . and everyday people are done with being 'cash cows' for elites, unaccountable and otherwise. To clarify: I am a proponent of Capitalism in general, though in a form closer to that practiced by the Ordo Liberals, as opposed that of the Neoliberals (as mentioned in my last Substack). I look forward to expanding on this soon.
Governments are broke hence the need to tax more aggressively/efficiently. The move to CBDC will generate 35% more tax revenue is their belief (this is their estimate for the underground economy). Every payment/exchange will be tracked and taxed. They will move to close down bartering as a reaction to CBDC. Home gardens would be an obvious source of goods to barter. When they tell you gardens are illegal..... well will it be to late or will that be the wakeup call?
You're probably correct. In the New Fiscal Age they are going to come after us with taxes on everything. 'Tax and Spend' until we 'own nothing.' . . as per the WEF's plan. The only way out of this, I believe, is for us all to understand the game they are playing. I think my next update here, Neoliberalism Part II, will go a long way to demystifying things. Thanks for your comment :-)