Why we’ve got accreditation


Bill Bonner explains simply how the system now works in When the Credit Runs Out:

“Government’s primary concern is not to protect its citizens or their economy. Instead, it aims to transfer more power, status, and wealth to the elite who control it (the oligarchs).

And to do that, it must keep the masses (the poligarchs) sedated. Charles Hugh Smith explains it: “The State has two core mandates: enforce quasi-monopolies and cartels for private capital, and satisfy enough of the citizenry’s demands for more benefits to maintain social stability.

“If the State fails to maintain monopolistic cartels, profit margins plummet and capital is unable to maintain its spending on investment and labour. Simply put, the economy tanks as profits, investment and growth all stagnate.

“If the State fails to satisfy enough of the citizenry’s demands, it risks social instability.””

 

This entry was posted in Cartel, Economics, Management, Politics and tagged , , . Bookmark the permalink.

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