Chris Morlock
@CDMorlock • 13,690 subscribers
Der Staat ist die Wirklichkeit der konkreten Freiheit
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The Buck Stops Here: Epstein Explains Rentier Oligarchy Plainly: The Dollar is a Debt That Will Never be Repaid Here Epstein very eloquently describes the power of finance capital through debt: for every dollar the bank has, it can lend out 10 in "our system". This is impossible for the average person to understand. You need Hudson to decode WHY this is the case, how the dollar operates as the world reserve (with the Euro as a silly lab experiment that is totally subservient and essentially 1:1) and why one dollar of real money equals 10 of speculative potential. It's because the dollar is where "the buck stops" - no one can claim to want anything else because there is nothing else. You either play with the arcades tokens or you do not play at all. The dollar is a Ponzi scheme that represents a debt to itself; one that will never be repaid. In this sense all dialectics becomes self referential and tautological and contained: the dollar hegemony is both it's own debtor and creditor. Epstein wasn't very smart, all he could understand was "I can make 10 with 1 real one." That's it, it's not hard, it simply requires a person to flush all reality down the toilet and ignore all common sense. At the end of the day in "our system" more debt = more asset value. If you told the average person on the street that you were 100 million in debt and this was your "asset", they would laugh. But you have to pay the bank. The financial oligarch and the US Government doesn't have to pay anyone. In a bizarre way, this is actually Communism. The structure of a system that can command the value multiplication of 1 to 10 must have all possible future trajectories planned, all possible outcomes weighed and measured, and all power and authority. Then they kind of calculation required to temporally move labor power from the future into the present succeeds; this is a time machine. But in the hands of a stunted pedophile rentier elite, futures are not planned, there is no guarantee, and the bounty of the future becomes a triangle on the top of the pyramid without anything but a volatile herd of feudal lords pecking away at it's basis. It cannot sustain what is necessary to access the future. Epstein is so dumb he doesn't realize his entire system was essentially explained to the US government by Hudson in the early 70's when they realized that "the buck stops here." It took the last intelligent Marxist to tell the Empire how it's own money worked. "Fractionalized reserves" as the gateway to unlimited debt.
Chris Morlock42,425 Aufrufe • vor 8 Monaten
Anarchism is the Root of Fascism: Listen to the Italians Mussolini: Son of the Century is really a brilliant show. Italian made drama, it covers the entire phenomenon. It explains Fascism as it is in reality in a materialists understanding. Here Mussolini explains the origins of it as Anarchism through Andrea Costa and Amilcare Cipriani. He then goes on to sum up the historical basis: the Lumpen proletariat- men of war who lost the great war, thirsting forever to live up to the concept of "victory" of their wills. What else is Fascism other than eternal war? Rentier oligarchs commanding their class of angered menial servants to preserve their status quo. Benito is just the middle man. Not farmers or peasants like the western left (ala Trotsky) maintains.... The "socialism" that Mussolini speaks of has nothing to do with Marxism. When Haz Al Din and the Infrared pioneered these basic ideas 3 years ago, the left lamented at the very simple concepts that return to a Marxist Leninist and scientific understanding of who Fascists were, and who they are now. From the Italians themselves, who obviously authentically see the connection between Anarchism and Fascism. Will be doing a series on this show depicting all aspects of Anarchism presented in it's full historical context- they go into great detail. It's obvious this isn't simply "right wing" theory at this point, it's the very basis of the collective western left. It will emerge there first and foremost - as it did in historically.
Chris Morlock58,188 Aufrufe • vor 1 Jahr
"Throughout his life, Noam has insisted that intellectuals have a responsibility to speak the truth and expose lies — especially when those truths are uncomfortable to themselves." She says. One of the only things I agree with Chomsky about, what he repeated at SFSU in 2002 in his lecture I attended, was that there was precisely no point in "speaking truth to power" because the powerful where so because they knew the truth- which is what made them powerful (through their lies). Even in this clip where Chomsky got something philosophically right he used the opportunity to shit on AES projects and told us that Lenin, Stalin, and Mao would not have cared about truth. This is the lie, spoken FROM A POSITION OF POWER in the west as a anarchist that undermined revolution for the establishment. Chomsky can be forgiven for Epstein, he cannot be forgiven for his lifetime of work against the real movement and against Communism.
Chris Morlock28,894 Aufrufe • vor 8 Monaten
I'm "comparing" everything to China. Since 2017, China has built a city from nothing that is already twice the size of San Francisco, where I live. It's also far more advanced. This is the reality of Communism, not the opinions of western Leftoids larping as such.
Chris Morlock16,901 Aufrufe • vor 6 Monaten
