burnt said:
There is one good documentary on this called "The money masters", it all over the web, there are some other good ones but they get caught up in conspiracy theories often.
I've now watched 'The Money Masters'. I'm familiar with the ideas from other internet videos like 'Money as Debt' (a more concise watch) and didn't find it surprising when I watched them because, as is obvious, I have no faith in unrestrained capitalism- which IS the only capitalism there is- any enforced regulation is a socialist action, thus making a mixed rather than capitalist system. It is important not to identify 'socialism' merely with Karl Marx and communism, and acknowledge that there are many different forms of socialism, and that the word 'socialism' has been demonised in the States by the corrupt elite. Noam Chomsky, an American and I hear currently the third most quoted philosopher in the world, is a 'libertarian socialist'. This is not a socialist in the common understanding of the word, and actually is more just the American word for a form of anarchist. Remember, I am not a socialist either- I advocate a mixture of strategies, something as yet without a name, and I'll give a more precise outline soon. Manipulation of markets by the rich has been going on as long as civilisation itself- the video starts in biblical times- and I therefore see it as a product of capitalism. I'm not saying that other political standpoints don't have problems, far from it, I am critical of all standpoints and believe a mix of the current polarised strategies is essential.
Blanket bias against socialism was my first criticism of 'The Money Makers' as I watched. The video was fine until it started muddling the enormous umbrella term 'socialism' as a whole with communism, insinuated using quotes at about 2hrs15mins. I find it strange how he rails against the scheming megarich but just assumes that they'll stop meddling if he sorted out the banks. I suspect a possible misquotation of Lenin used to fit into the video's conspiracy theory but I don't have the time to verify that. Then at about 2:45 the presenter says that Ian Fleming, author of the James Bond novels, was the head of M15! Absolute bullshit! Fleming was nothing more than an intelligence office in Naval Intelligence during the war- an assistant- then became a writer again in peacetime. At this point the video lost all credibility in my eyes. The guy is a joker. Then he says that some people say Ian Flaming wrote these stories (Goldfinger in particular) as a warning to the world, thus insinuating to the viewer that this is to believed. Fleming also wrote Chitty Chitty Bang Bang, what terrible conspiracy is he trying to tell us about in that then?! I wonder what other bullshit a historian or economist could sniff out. He says how the banking conspiracy is "the real reason why both parents now have to work"- I would say it was because the market responded to the increase in available labour due to the emancipation of women during WW2 by a gradual relative lowering of wages. The video's constant repetition is a hardsell techique. The whole video was dragged out, another hardsell technique, I was so bored by the one hour mark but stuck it out somehow. He talks about the growing gap between rich and poor- this is the inevitable result of capitalism, I'm afraid. He tells people to buy silver and gold to survive depression at the end, which made him seem a bit survivalist (the guys scared stiff of the 'New World Order'), and contradicts his earlier rants against metal money. In any case, gold and silver is worthless if society crumbles- only that which is necessary to survive will have value: land, food, fuel and tools. If you want to live life in a bomb shelter in constant fear, then buy these, not silver and gold! And he predicted this massive economic meltdown as happening in 1996- 12 years ago, and what's happening now isn't necessarily going to be a meltdown.
I was going to ask if anyone could give proof of the respectability of the source and who financed the video, but that became unnecessary once the narrator had discredited himself so obviously. I'm not saying it's all bullshit, I'm just saying that that video lacks credibility. Sorry.
The Bank of England was nationalised after the war so my government controls my central bank already, rendering much of the video irrelevant to the UK. What is your capitalist solution for the USA? Because this step is a socialist one, instigated by a socialist Labour government in the UK. It's not a capitalist strategy, the capitalist way is to privatise, privatise, privatise. Sell the rain. If anything, this entire video is a damnation of capitalism unbeknown to the narrator, showing how it enables the accumulation of wealth and power to the extent that individuals can dominate and manipulate society to their own ends.
I'm not sure why we're arguing though, we're both libertarian! Ok, I'm going to formulate my first proposals, then you guys are free to savage it! And generate your own alternatives, maybe we'll end up with something great!
