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The Money System Under the Spotlight

It is a system of subversive slavery that originated in Venice in the 15th century, but it took about 200 more years for bankers in England to perfect fractional reserve lending enough to spark the Industrial Revolution. The Industrial Revolution then gave way to aggressive westward expansion, and it is the reason why I sit here in California today at my computer. The only reason why there are almost 7 billion people on the planet is because of fractional reserve lending; otherwise there aren’t enough precious metals on the planet to facilitate this kind of insane growth. I guess I should be a little grateful

The system is so perfect now that everything and everyone can be bought and sold, and therefore whoever controls money controls everything. It’s the most ingenious political system ever to be created by man. It seems like it is more the work of someone who can see everything all at once then someone who can only see it in pieces. It’s amazing. Everyone runs around trying to get something that is created by their own slavery, they’re all retarded. What the hell happened? The silence to their ignorance can be broken by one word, why? But they are too desperate or too content to ask it. A very large percent of the population in the developed world don’t know where money comes from!

Money is the means for the liquification of wealth (natural resources, human labor, technology) that allows it to be mobilized, moved and accumulated. The monetary “system” is the means for moving this liquidated wealth from the vast majority of people on this planet and giving it to a negligible minority. Imperialism, national debt and taxation, transnational corporations, globalization and outsourcing, everything, is a suicidal swindle.

The saying the rich get richer and the poor get poorer is reflected by the so-called third world being a consequence of the first-world; it is not an earlier stage of society that simply lacks first world development. This is the evidence that the monetary system is not simply a neutral and democratic means of valuation but has an amazing capacity to accumulate. When money accumulates, it has its own kind of gravity…and it fiercely resists any kind of equilibirum.

Consumerism, is an expression of moneys disfunctionalism. It is not only a medium for valuation, it is an instigator of valuation. People buy things because they are expensive, and use them as a status symbol rather that for utility. For those who cannot afford it never get the object of their desire, just the fantasy of desiring. If we buy what we think is the object of our desire (the commodity), we find out that it really isn’t what we were desiring after all, and the desire is displaced onto something else. In economic terms, this leads to rampid consumption but little satisfaction. It also leads to the wide-spread waste of wealth (natural resources and human labor). Advertising is the science of this kind of desire infiltration/proliferation.

The market can, and perhaps should, be seen as a form of desire-engineering for profit. As an arbitor of differing value systems, it is completely undemocratic, since the desires of people who cannot be profited from (those without sufficient money, or purchasing power) have no influece. Those with purchasing power have influence in so far as they follow their desires, but their desires are largely engineered as a means of accumulating capital. Accumulated capital, in turn, provides the means for further engineering of desire, which in turn allows it to further accumulate.

The monetary system is really a machine that functions to liquidate wealth and convert it into capital. The endgame of the monetary system is a wasteland of natural resources and human labor, and a gigantic pile of dead capital.

Money and demand share an insidious and symbiotic relationship within the system. Money doesn’t just provide a measure for some “demand” which is outside of it. Money manufactures the demand itself. If it were otherwise, the world wouldn’t be in the mess it is today. Why does a garbageman make, say $30,000 per year and a corporate lawyer make, say, $300,000? What is at work in the demand of these two different labor commodities? It is the interests of the money itself, the accumulation principle of capital. Even though the labor of the garbageman is far more socially relevant than the labor of the corporate lawyer, the labor of the garbageman is not accretive to the accumulation of capital. Money sets its own values. Money determines what gets built and put into the market, not demand. And then money engineers demand through things like advertising in order to profit off of what it produces.

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