The Market Police

By J.W. Mason

“Globalism in this story is not only, or even primarily, an extension of contacts between people, trade, production. Rather, it is the creation of a set of property rights that, precisely because they span multiple sovereignties, cannot be touched by one government without inviting conflict with another. In this sense it is positively desirable for property claims to cross national borders. Foreign investment, regardless of its value or otherwise for financing production, performs a political function that domestic investment cannot…

Organizing property and production across borders—whether through free trade, protections for foreign investment, currency unions or other devices—does more than limit the power of governments. It also serves, Slobodian writes, “to dissolve the small, discrete collective of mutual identification…in a larger unity.” Hayek spent much of his life searching for “a political model that would undermine the ‘solidarity of interests’ that naturally cohered” among similarly-situated people. Open borders played a critical role here, ensuring that economic interests were never “lastingly identified with the inhabitants of a particular region…

Today, the European Union offers the fullest realization of the neoliberal political vision. There is no sovereign people of Europe; the authority of European institutions rests on a body of law and treaties. The European Union is not a nation, but it is not simply an agreement among nations either. Unlike international agreements, European regulations are directly binding on individuals and not only on the government signing them. In many areas, European regulations and authorities don’t merely constrain, but actually replace, their national equivalents. (This is what makes Brexit so difficult.)

Europe’s incomplete integration—with its confusing mix of powers delegated to Brussels and powers retained by national governments—is often seen as a design flaw. But to Slobodian’s globalists, partial integration is precisely the goal—it means that neither the national nor the international body have the legitimacy and capacity to direct the economy. With no international entanglements, a government is sovereign; with complete integration, sovereignty moves to the higher level. What is wanted is a situation in which some powers but not others are delegated, leaving neither national nor super-national governments able to act outside of circumscribed role…

One might even call this the neoliberal paradox. State power is needed to enforce market relations and property rights, but when it rests on democratic politics, it can easily turn into a vehicle for a broader program of economic planning. So the site of power must be anonymized, hidden from politics—as in the opaque jurisdictional mazes of Europe…

From this point of view, the essential thing about the single European currency is not whatever dubious practical advantages come from having prices across the continent measured in the same units. Rather, it is the creation of the European Central Bank as an ostensibly technical decision-maker, more insulated from democratic politics than any national authority could be.”

Read the entire book review at The Boston Review.

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11 Comments
robert h siddell jr
robert h siddell jr
June 10, 2018 8:58 am

The Devil comes bearing the gift of his Central Bank and managed prosperity.

Uncle Sam
Uncle Sam
  robert h siddell jr
June 10, 2018 3:08 pm

Maurice Strong, the Father of America’s Destruction

Richard Salbato 12-29-09

Rothschild, Rockefeller, Maurice Strong, Al Gore, Goldman Sachs, Mayor Daley, William Ayers, Saul Alinsky, Saudi Arabia, China and the United Nations equals Barak Obama.

When we look at what has happened to the American dream, the American Constitution, the American economy in the past 12 months, it seems that there is a deliberate plan to completely destroy the entire American way of life and even the country as we know it.

Read the rest here…

http://www.unitypublishing.com/Government/Maurice%20Strong.htm

Anonymous
Anonymous
June 10, 2018 9:19 am

Globalism is the UN as the dictator once Nation States are eliminated – this is accomplished by inserting millions of migrants into the countries which have no cultural identity or attachment in those countries.

Note: kokoda commenting, but one has to continually check the box to retain your screen name for a new comment, which is fucking ridiculous so I will be an ‘Anon’ in the future.

c1ue
c1ue
June 10, 2018 10:13 am

Read the full article on the Boston Review.
Note that neoliberalism and the defense of property rights is front and center for the billionaires and banksters, and that Hayek and von Mises were prominent in that movement.
In other words: the EU, the apartheid government of South Africa, and many other examples were all offshoots of the same libertarian nonsense bandied about in the US today – all movements fronting for the oligarchs in each particular society.
Some quotes from the full article:

“This is a recurring undercurrent in Slobodian’s story: institutions created to insulate power from democratic politics can themselves end up as new spaces for politics.”

“But as ‘Globalists’ makes clear, these anodyne terms have a deeply political significance. They are rejections of development as a goal, in favor of a world where the majority of humanity remain hewers of wood and drawers of water.”

“In a direct material sense, the rich countries are the beneficiaries of the international division of labor. But in the neoliberal paradise they too must surrender their sovereignty. Like the countries of the South, they are bound by international agreements. Critics sometimes see this as a surrender to faceless bureaucrats, but (Europe aside) this isn’t quite right. Unlike the European Central Bank, international agreements don’t directly replace any function of national governments; they don’t have their own staff or any tools to enforce themselves. It is better to think of them as compacts between national governments to support each other against the demands of their own peoples. In the words of GATT economist Tumlir, by subordinating themselves to international bodies, states are “salvaging their own sovereignty against internally grasping forces.”

“The Federalist Papers open by Alexander Hamilton’s observation that U.S. independence offers an experiment to decide “whether societies of men are really capable or not of establishing good government from reflection and choice.” Slobodian’s neoliberals are, in effect, those whose answer is: not.”

Neoliberalism is precisely the marriage of “Democrats” and “Republicans” via bankster money. It is what lies behind the present US Health Care system. It is the major driving force behind offshoring.

RT Rider
RT Rider
June 10, 2018 11:02 am

I’m always amused at how these “economists” create new theories and jargon so as to obfuscate or ignore the real reason for Globalism – which is the continuation of the counterfeiting racket carried out by the banking cartel since WWII.

Today’s money is all debt-based and, therefore, requires some form or collateral or promise (promissory) to make good, or secure the obligation. Also needed, is income to service all these debt obligations. Unfortunately, for the cartel, we hit the debt wall a long time ago and they’ve had to resort to outright money printing to not only inflate asset values for increasing collateral, but also to service existing debt. So debt is being creating to service existing debt. This is why debt is in the exponential growth phase. The debt load has not only surpassed our ability to pay back, we can’t service it either from existing income.

The purpose of the new world order is to expand the cartel’s ability to seize all collateral globally, and to socialize any losses that might come about from time to time because of reckless lending and speculation – 2008 redux. Eliminating borders and the rights of sovereign nations over property and money issuance is the neatest way to accomplish these goals. By granting the right to a global cartel, for the creation money at a whim and, as a result, debase labor and steal property, isn’t neo-liberalism – it’s more like neo-feudalism. They had made us all into debt serfs, without the protection of law or property rights.

Anonymous
Anonymous
  RT Rider
June 10, 2018 7:55 pm

This is the single best comment I’ve ever read about the NWO. Yes, I believe debt expansion is the reason.

Thunderbird
Thunderbird
June 10, 2018 1:58 pm

All that goes up must someday come down. In today’s humanistic global madness don’t think the fall is not already in the works. Secular governments and even empires have short lives. That is the defect in atheism… it self destructs.

robert h siddell jr
robert h siddell jr
  Thunderbird
June 10, 2018 3:37 pm

There is a big Natural Disaster wrecking ball that comes along every couple hundred and thousand years that helps destroy governments (and civilizations); we are a couple years (you can count the months) from the next one (the Modern Grand Solar Minimum) that should become obvious even to the government “Climate Scientist” by the Fall of 2019. Have you noticed anything about volcanoes lately?

Thunderbird
Thunderbird
June 10, 2018 5:33 pm

I wonder how much the earth is worth? How much is the U.S. from coast to coast worth? How much is 320 million people worth? Some how the U.S. treasury must have a figure.

I’ll bet the US debt has not even put a dent in the material value of all this real estate and people that it uses for it’s guarantee on the debt. Wait until we claim Mars as an asset of the US. How much is that worth?

Now for the people this is too much to comprehend. But the bankers know something the people don’t. They know that physical money is finite but digital money is infinite. And as long as the people use plastic debit and credit cards that have infinite debit and credit lines the casino stays in operation.

It is really the people that keep the game going. I have no problem with that. I remember the 60s when credit was hard to get. Today credit is easy to get because we have no gold standard. No one really owns anything. Everything is titled.

The earth belongs to GOD. We all have a short lifespan. GOD outlives us all. This includes bankers and the elite. What is important to the common folk is a roof over their head, food in their belly and some entertainment which is amply provided by our technology. What is important to the elite is large enterprises that produce durable goods and material wealth. What is important to the monk is not material wealth but spiritual wealth.

So it really comes down to this: We live and then we die. Many are satisfied with living simple and enjoying the fruits of the earth. Some are satisfied with controlling the herd, and some are satisfied with accumulating the fruits of the earth, while others seek the spiritual life.

All under the watchful eye of GOD. There is material value and there is spiritual value. Which of these classes of value is eternal?

BB
BB
June 10, 2018 8:41 pm

Thunderstorm , I keep saying this but nobody seems to believe me.

Thunderbird
Thunderbird
June 11, 2018 6:31 am

BB, you mean no one listens