Guest Post by Martin Armstrong
There is a very serious problem in the social sciences where some academics think they can control the economy following the path first blazed by Karl Marx. Previously, the accepted normal was Laissez-faire, meaning that the economy was far too complex for governments to interfere. This emerged from Adam Smith and his “Wealth of Nations.”
The academics needed to raise their stature and to present themselves as problem solvers at first in a crisis, but then they crossed the line into believing that they could restructure the world economy. That was set in motion by Karl Marx.
Before Keynes died, he admitted that his theories were wrong. He had spent his life arguing against Smith and that economists could manage the world to bring an end to recession and depressions. This new theory in economics promised that the government could create perpetual prosperity.
Then came the 1974 Crash and the emergence of stagflation, which was supposed to be impossible. Volcker delivered his “Rediscovery of the Business Cycle” and how it had defeated Keynesian Economics – the “New Economics,” and Schwab never listened.
The previous Fed Chairman Arthur Burns, who was there when Bretton Woods collapsed, also noted that the business cycle had always won. Academics were wrong, and they could not create a land of utopia.
Schwab has continued the Marxist belief that academics are capable of redesigning the world economy. Schwab believes, like Marx, that he has the mental capacity to see the world and reshape it. He has convinced world leaders to listen to his nonsense, which has proven wrong every time it has been attempted.
Schwab has convinced world leaders that this time it will work, and they will gain more power. Do any one of these people, incompetent to rule the world, know anything about how the economy works? Communism and socialism have always failed because we are human, and we are not worker bees to be directed from some central hive.
Nixon’s famous 1959 Kitchen debate made it clear that under Marxism, no innovation ever took place that increased the standard of living for the people. All innovation was directed at creating more power for the state and its nuclear weapons. Only when people are free to discover, think and explore does the standard of living ever increase.
Today, Big Tech is aligned with the dark forces out to change the world and eliminate our freedom to everything. They cancel our speech to prevent any narrative that dares to challenge what these people believe because they have been promised to rise to the top of society as long as they help destroy the very country where freedom allowed them to climb the ladder to the top. Has money just corrupted their thinking? Or have they just been lured by Schwab’s dream of being the new elite in the changing new world?
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I keep seeing people who haven’t learned from history. Our Government is a good example.
In history, The evil people at the top live well for a while, and then they tend to be dealt with by angry mobs. Or a lone gunman. Look around and realize how many people are actually trying to control everyone. If they get all tyrannical and make people’s lives miserable It’s time to make some changes. Right now I am at the polite civil disobedience level on thinking I disagree with. I watch the senile stuff Joe Biden says, and his shrinking brain makes him talk like he really thinks. He talks like a tyrant who tells people what to do, even if it’s dumb and hasn’t worked in the past. Time for coffee.
The 300 or so Billionaires that meet in DAVOS pre pandemic pre vaccine pre Bio Warfare finances and propagandized by this cabal of massive haves need to be stripped of any and all authority . Their accumulated wealth confiscated to pay off national debts where possible and make whole all pension and retirement funds bankrupted by their organized theft .
This bunch and the political puppets they own are to walk out of our federal court with the clothes on their backs and their families so broke financially , morally and mentally they qualify for welfare . The federal reserve theft and economic enslavement system now totally in control must be completely gutted world wide !
The pandemic and the economic crisis was all planned and instituted over decades and it all falls under CRIMES AGAINST HUMANITY ! Nuremberg Code covers all this as well as the U.N. charter
Line them up for public execution after a fair trial we can put it on line world wide or pay for view !
The true investor class screwed the pooch on this planet and the jig is up . Torches and Pitch Forks Where Justice is denied or fails !
^^^^^^
G.R.E.E.D should have consequences.
How about we put them in a prison where we televise THEM trying to live in say, North Dakota with only a couple of solar panels, eating the tasty bugs they tell us about, doing subsistence agriculture and walking 50 yards to a creek for water and all the crap they think sounds so great for the rest of us? The solar ovens will be fantastic this time of year.
They should all be fat and especially happy as they “will own nothing”, right? The bumper crops they will need are a piece of cake since everybody knows that any dumbass can “put dirt on seeds.” We’ll get to watch in 4k HD while old Bloomberg does just that.
This is great. It’s even better than a televised: Strip them naked and blow cold air from a vent because they don’t need to see the outside. Sunlight is Vitamin D producing and all. Don’t want to give them an edge. Feed them a daily sleeve of saltine crackers and make them wash down with salt water. Wait, you can’t find saltine crackers anymore? That’s right, because there’s a shortage. Oh well, the water will have to do. Own nothing and be happy? You first.
Name all those giving the orders and planing of this genocide, hunt them down and arrest them all, try them all, convict or exonerate those tried, an appropriate sentence for those convicted. Then move on the ones that were following orders to mass murder folks. There needs to be justice for all those who can no longer seek it. That said, do you REALLY think there will be Nuremberg Trials for these criminals? The recent history says NO.
Torches and pitchforks against F-15’s and atomic weapons! Joe gonna stomp us bad. Sit tight, I will recompense says God.
Looking at that filth, I always get the impression he was the first human/ cockroach hybrid that lived.
Now we just need a giant can of Raid.
Schwab, Gates, Zuckerberg etc..all puppets. If we can’t even name the people/ groups of people running the show, then we may as well all fall in line.
No Name – Here are the Names!
That’s us at the bottom…just a little bit lower than whale shit to the 300.
An oldie but goody…
The comittee of 30 and the Comittee of 13 are above the300.
Thank you. There are a bunch of names there I would not of guest & more I don’t know.
The Brave New World of Klaus Schwab….