The Ism of Destruction Conclusion

The Final Days Of Capitalism

For the past century and a half, the issue of Fascism and Communism has inescapably confronted the American economic landscape. We as a nation, in a defining moment, had experienced a period of indiscretion as McCarthy and Hoover viciously attacked the socialists leaning consciousness as communists. In reality what this country was experiencing was the beginnings of a class struggle, when the United States would adopt the principles of corporatism, capitalism for the elite, against the interests of the multitudes, that middle class that serves as the backbone of any society, the working class.

Corporatism had become part of American economics even before the first great depression. With its beginning firmly implanted by the enactment of the 1913 Federal Reserve Act (FRA), by which the Banks took full control over our money supply. The large corporations, however, would begin to appear even prior to the passage of the FRA, as the industrial revolution began to take hold, and family fortunes had been amassed first through the slave trade then the opium trade with China .

This new law however, allowed the banks to expand the corporate presence in America and to develop even larger more powerful and politically dominant companies, companies that over time would become strong enough to take control of the Government itself.

By the late 1920’s and mid 1930’s the American Banking interests had begun to openly promote Fascism in Germany and Italy having paid hundreds of millions of dollars to both Mussolini and Hitler, in addition they entered into a coup to over through the duly elected government of the United States, the administration of Franklin Roosevelt, in its place was to be a fascist government. History acknowledges that this attempt was led by none other than the JP Morgan banking interests. This coup contrary to popular belief, did not fail.

Capitalism must of necessity control, not only labor, but the markets of commerce, and the product to be introduced. It is because of this need to expand its market presence that corporations continue to grow and absorb other companies, and to become monopolies, first in their geographical area, then internationally. A perfect example of this control is the terminator seed. The patented technology enables a seed company to genetically alter seed so that the plants that grow from it are sterile; farmers cannot use their seeds. The patent is broad, applying to plants and seeds of all species including both transgenic (genetically engineered) and conventionally-bred seeds.

Here then, the corporate presence has taken full control over the worlds food supply, they control what foods will be grown and the amount necessary, and the seeds by which to develop that market, and thereby the price.

What else could the purpose of this technology be, except to control the food supply and its market? Accordingly, several countries also following the capitalists formula have passed laws coercing this seeds use, thereby controlling agriculture on an international scale.

Capitalism now in its end stage had three important periods:

According to the Marxist economist Ernest Mandel, (a revolutionary Marxist theorist).who popularized the term “late-stage capitalism” with his 1972 Phd dissertation, believed that late-stage capitalism will be dominated by the machinations, or perhaps better, fluidities, of financial capital.

In his work Late Capitalism, Mandel argues for three periods in the development of capitalism. The last or "Late capitalism" is a term sometimes used to refer to capitalism from about 1950 onwards, generally with the implication that it is historically limited, and will eventually end.

The three stages:

First is market capitalism, which occurred from 1700 to 1850 and is characterized largely by the growth of industrial capital in domestic markets.

Second is monopoly capitalism, which lasted until approximately 1960, and is characterized by the imperialistic development of international markets as well as the exploitation of colonial territories.

Third, is late capitalism, which displays such features as the multinational corporation, globalized markets and labor, mass consumption, and the space of liquid multinational flows of capital!

Accordingly, Mandel and the other Marxist philosophers saw something of mischief with the capitalist system, and warned of its decaying effects and of the final and inevitable transition of government. They favored communism as the benefactor of the working class.

Mandel’s philosophy has its origin in Karl Marx's judgment that the capitalist mode of production, like any other mode of production, is in the broad sweep of history a limited and transient phenomenon, rather than being the natural, ever-lasting condition for human life. Thus, it can be periodized in terms of its historical emergence, its heyday, and its subsequent phase of decline and disappearance.

In general, Marx seems to have believed as a generalization that no mode of production disappears until it has developed all the productive forces which it can contain within its social relations of production. Technologies would ultimately become incompatible with the existing social framework, causing that social framework to break down, and a new social framework to emerge. According to Rosa Luxemburg (another Marxist philosopher), that could mean an advance to socialism as she had advocated, or fascism, or a relapse into barbarism.

What we have witnessed of the failure of democracy in America , with its progeny capitalism, is a transition of democracy into fascism.

The industrial revolution which began around 1760 made dramatic changes to the colonial society, by way of its economic functions. The process of economic and social change took place gradually over several decades. Yet prior to the onset of the industrial revolution the Gross Domestic Product (GDP) per capita remained broadly stable, however, the Industrial Revolution and the emergence of the modern capitalist economy would soon change that. With the Industrial Revolution, began an era of per-capita economic growth in capitalist economies, like Europe and North America .

Friedrich Engels in The Condition of the Working Class in England in 1844 spoke of "an industrial revolution, a revolution which at the same time changed the whole of civil society." In his book A Vocabulary of Culture and Society, Raymond Williams states: The idea of a new social order based on major industrial change was clear in Southey and Owen, between 1811 and 1818, and was implicit as early as Blake in the early 1790s and Wordsworth at the turn of the century.

The causes of the Industrial Revolution and the on vent of modern capitalism were complicated and remain a topic for debate, with some historians believing the Revolution was an outgrowth of social and institutional changes brought by the end of feudalism in Britain after the English Civil War in the 17th century. As national border controls became more effective, the spread of disease was lessened, thereby preventing the epidemics common in previous times. The percentage of children who lived past infancy rose significantly, leading to a larger workforce. The Enclosure movement and the British Agricultural Revolution made food production more efficient and less labor-intensive, forcing the surplus population who could no longer find employment in agriculture into cottage industry, for example weaving, and in the longer term into the cities and the newly developed factories. The colonial expansion of the 17th century with the accompanying development of international trade, creation of financial markets and accumulation of capital are also cited as factors, as is the scientific revolution of the 17th century.
By the late 18th to the early 19th century with the expansion of modern capitalism new political philosophies would emerge vying for control over this new economy. The notion advanced under the old feudal systems of Europe , a merger between capital and government began in earnest with the Rothschild’s banking interests now fully in charge of 5 nations. The Rothschild dynasty would seek partnerships in America , and ready alliances were forged.

By the mid 19th century two opposing political theories or ideologies vying for control of the world’s political structure became antagonistic and began in open debate; Communism and Capitalism. Capitalism an outgrowth of the feudal system, the landowners aligned with the ruling elite, a monarch or king, was better defined originally as a form of Fascism and it was for this reason that Lenin and Marx attacked it. They argued for the working class, that class of individuals that had no right to land but only a right to sell their labor.

Marx and Engels clearly understood the differences, yet we are taught that they are evil, and should be feared, when in fact they fully understood capitalism, but took their preventive measures to the extreme.

Communism which is at the far left of the political scale is as evil as Fascism which is at the far right. Democracy can exist at neither end of the political arena, and capitalism can not exist under communism, but thrives under fascism, it is for this reason that democracy, which tolerates capitalism because the leaders are rewarded by the capitalists, and beholden to their wealth, that any democracy will transition over time to fascism.

The proponents of capitalism have inaccurately promoted capitalism as a more effective means of generating and redistributing wealth than socialism or communism, or have portrayed the widening gap between rich and poor that so concerned Marx and Engels as a temporary phenomenon. Recent history demonstrates that under Capitalism, more appropriately defined as corporate America , the discrepancy between the classes have widened substantially.

Marx thought that Capitalists were evil, that they exploited labor to enhance their own wealth. So far history has demonstrated that Marx view of Capitalism was a correct assessment. In all Capitalists countries but paradoxically America , Labor is used and discarded, as the Capitalists engender wealth for themselves. The recent financial crisis demonstrates the shift from a lack of adherence of labor, to the grants of financial support from those very persons disenfranchised by the capitalists system, the middle class.

Marx succinctly summarized his approach when he wrote in the first line of the first chapter of The Communist Manifesto, published in 1848:

“The history of all hitherto existing society is the history of class struggles.”

This statement is a truism. Marx argued that capitalism, like previous socioeconomic systems, will inevitably produce internal tensions which will lead to its destruction. Just as capitalism replaced feudalism, he believed socialism will, in its turn, replace capitalism, and lead to a stateless, classless society called pure communism. This would emerge after a transitional period called the "dictatorship of the proletariat": a period sometimes referred to as the "workers state" or "workers' democracy".

The internal struggle Marx anticipated was to be a struggle between the classes, the working middle class and the elitist’s upper class. This struggle was inevitable, as the workers vied for their share of the wealth produced by their labor.

Historically Marx theory was both right and wrong. Capitalism Marx rightly theorized would fail, however Communism would also fail. That one element all have failed to consider in political equations is the human frailty greed.

It is time now for serious considerations of a new economic theory, one that eliminates the banks as the capitalists, and our elected official’s their beneficiaries. It is time for an economic system that would provide protection for the workers, punishes those who acquire wealth through dishonest means, and one that will more evenly redistribute that wealth.

It is also time we began to rethink the manner of control over our currency. To remove that control from the banks, that agency that has abused their franchise.

Perhaps that system would encompass the government itself as the capitalist, and manager of our money supply?