If you want to become a quick expert on these three global economic institutions, this is the book for you. But if you want to become knowledgeable about these three institutions and understand how they undermine Third World and Developing nations for the profit of First World nations, you’ll be highly bored and disappointed. This book goes way too far into the weeds without providing substantial arguments against these three institutions. Perhaps for sake of objectivity, but you can make huge cases and still be objective. For instance, there is a small part where they talk about World Bank funds being used to rape the Brazilian rainforest, “The big early case was the Polonoroeste project, involving five World Bank loans to the Brazilian government in the early 1980s to construct a 1500-km highway and feeder roads into the northwest Amazon region.” I would much rather have preferred a book to provide a general, overall picture of what these three institutions are and do, but then go into detail about the programs where they exploited countries to help extract their natural resources or undermine their domestic agriculture to create dependence on American corn leading to famines.
I am still blown away by the commonly unknown fact that the US Forest Service has built 378K miles of roads to help loggers get access to forests, “eight times the total mileage of America’s interstate system” as Bill Bryson pointed out in his book, A Walk in the Woods. So not only does the US government use taxpayer money to build roads to rape our forests, but they provide loans to other governments to help them build roads to destroy their forests, and the debt schemes and foreign currency devaluation inevitably mean they’re selling raw materials to the US for a bargain. This is called neo-Imperialism, all the exploitation and oppression with none of the costly overhead and bad PR that sunk the British Empire.
This book starts off with a rather biased historical summary of modern economic thought or theory. Keynesian economics, the idea of the government spending and growing to stimulate the economy, became hugely popular and seemed to be vindicated by World War II where government in collusion with the private sector created gigantic industrial gains, namely war supplies and weapons, resulting in economic growth in the 50’s. Of course, interpretation is everything. America’s economic boom in the 50’s was actually the result of Europe self-destructing, transferring wealth to America, and as a result, there was no economic competition for American industry. America was living high on the hog, not because government and big business worked together to make America great, but rather the rest of the world just fucked up and bought US supplies to kill one another. Let us never forget that the Japanese bought US oil which helped it invade China. The book asserts that Keynesian economics went out of style and something called neoliberalism took over, a combination of the free market thought of Friederich Hayek and the Monetarism of Milton Friedman. Not quite so. I don’t think there has been any kind of movement as far as unrigging the rigged market and making it any more freer. And Monetarism has nothing to do with classical liberalism but rather is just another form of government-private sector collusion allowing for banking cartels, AKA central banking. The book would have you think that anti-authoritarian, pro-liberty is bad and benefits the rich and that authority is still needed and beloved for containing the rich and powerful. Pure fantasy. If you truly believed in free markets, you would enforce anti-trust laws and get rid of any banking cartels, AKA the Federal Reserve. Let’s start there. I can’t stand it when people argue against the free market by saying, we have a free market today, look where it’s getting us. Um no, we don’t have a free market, we have a rigged market full of government-big business collusions and cartels.
It is absolutely critical that people understand the scam here. These global economic organizations say they promote privatization and free market economics, just like they claim to promote it in America. They allude to Hayek and other free market economists and thinkers. This is like an Islamist proclaiming their allegiance to Mohammed but actually all being Jews. There is nothing free market about what they’re doing. When they privatized and created “free” markets in Russia, what they basically did was take national property and utilities and gave them to a bunch of oligarchs who dismantled them all and sold off the capital for profit. This destroyed the Russian economy. The same thing is happening throughout the world. The unholy trinity is nothing but a cover for powerful banks and rich people who want to expose nationalized utilities and assets to their rigged market so they can rape them blind, raise prices for everyone and walk away with huge profits while the infected host nation collapses into greater poverty, famine, disease, and political chaos. Radicals and terrorists arise from this political chaos, and then the US Freedom Police jumps in to the rescue to kill a bunch of innocent people, set up a military base, and engage in a perpetual war.
The more and more I learn about how the largest and most powerful nations and global organizations work, the more and more they resemble organized crime cartels, mobs, and syndicates. It’s all theft, extortion, protection money, racketeering, intimidation killings, and occasional false charity. It’s all a racket. The unholy trinity engages in charity causes just like the mob will give out free turkeys on Christmas, but in the meantime, they are the cause of poverty in the first place that necessitates them giving out free food as theatrical and mostly useless mitigation.
What kills me, however, is that people who protest these global organizations and America are protesting the lie, the idea that these organizations and America are engaged in free market economics. They portray their rigged markets as free markets, so the world incorrectly opposes free markets, and what else is there but a rigged market. The protestors are doing nothing but throwing more fuel on the fire, giving government more and more power supposedly to regulate and control (rig) the free market, but the government just turns around and rigs it more in favor of the banks and big business. Can’t anyone see this? It’s like if I wore a turban and told people I’m Muslim and started going around shooting people, and people go around saying, “Look, Muslims are dangerous, let’s lock up all the Muslims.” I’m not fucking Muslim! I’m just pretending to be Muslim so you’ll kill all the Muslims.
Likewise, if I’m a rigged market, and go around telling everyone I’m a free market, and then I rob Third World countries blind, don’t run around screaming, “Look, free markets are destroying Third World countries, let’s destroy the free market!” It’s not a FUCKING free market Einstein, it’s rigged, and all you want to do is rig it some more so the banks and rich can rob you blind some more! It absolutely kills me that this author and his academic team are so fucking stupid as to believe these people truly support a free market as described by Hayek when in reality, it’s all a criminal syndicate rigged market. How could they be so fucking stupid? It’s such a simple thing to see. I hate to inform these jackasses that a bunch of white men sitting around colluding and determining the monetary and trade policies of foreign nations is not a free market but a rigged market controlled by criminal banking and trade cartels. They’re so deep in the weeds trying to understand the manufactured complexities of these organizations that they completely miss the obvious scam hiding in plain sight.
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One argument I have against free trade is that it’s not really free trade so long as there are national borders and currencies. Let’s say you’re Liberian and you have a free trade arrangement with England. England has huge advantages and a long history of stealing global resources, so naturally, they make a lot of products cheaper and better than Liberia. If Liberians freely chose what products to buy, they would buy English products, and Liberia would eventually lose all their wealth and become impoverished. Now look at California and Ohio. California and Ohio have no national borders or currencies; they’re just states and people can freely travel between the two states. When factory jobs went to China, Ohioans faced unemployment. Had Ohio been a nation, it’s currency would have crashed, and it would have difficulty feeding all its inhabitants, and it would have turned into a Third World country probably with some psycho white militia elements trying to blow up some more buildings. But Ohioans moved to California or other states like Texas that was enjoying an oil boom. You can’t say there is free trade between Liberia and England like you can for Ohio and California, because Liberians can’t just all move to England. If you allowed Liberians to all move to England, then I would be for free trade, but until that happens, it’s not free trade, it’s just Liberia opening its markets to be destroyed and raped by England.
If you really look into free markets, what you discover is something that you may not like. In a truly free global marketplace, there are no borders. People are free to move wherever they please, and as such, there would be only one currency as people would just choose to freely transact in the most powerful currency around. What you would experience is a huge migration to America and Europe, its populations more than doubling, and there would be people willing and able to do your job for half the price. I’m fine with this, because quite frankly, at least half my wages are the result of America having stolen wealth and labor and then closing its borders to consolidate all this stolen wealth. Are you willing to take a 50% pay cut to create a truly free global market place where poor Third World country people are free to move and work anywhere in the world they want and most likely First World countries?
I honestly think people who oppose free markets would be afraid of what a truly free market means and would be unwilling in their First World comfort to sacrifice their high living standards to create a truly equal and free world. But that 50% pay cut wouldn’t last long, because a truly free market means you get to open your own business, do your own thing, possess and sell drugs, whatever you want, and with all this freedom, I honestly believe, the world economy would get a huge injection of innovation, productivity, and creativity lifting all boats. Also, with a free healthcare system instead of the existing cartel, our healthcare costs would be cut in half at least. That initial 50% pay cut wouldn’t seem so bad after all in the long term, and you would also have the freedom to not pay taxes, to no longer fund the military-industrial complex, which makes up for weeks of your annual paycheck. And with a borderless free global market, we wouldn’t need large militaries for each country. If you were making $100K a year and suddenly made $50K a year, because some Indian dude lowered the wages for your job, you actually wouldn’t feel that $50K drop in income, because you wouldn’t be paying $50K in taxes, fees, fines, levies, and other forms of state extortion.
Finally, if all the Third World people wanted to move to the First World to get higher paying jobs, there would be countless geniuses who simply say, let’s build factories and cities in the Third World where real estate and labor is considerably cheaper and its cheaper to open and run your business? They would have you believe the world is a dog-eat-dog zero-sum game, because they want you to think scarcity and pay higher prices for everything. In reality, it’s a dog-help-dog, positive-sum game where left to our own devices, we’d make each other rich and wouldn’t be so dependent on our plutocratic rulers.
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Upon reading about the Bretton-Woods new world banking order, it seems that early on America largely disregarded Russia, and I’m thinking is it possible that they fired the first shot of the Cold War by excluding Russia from the head of the table?
Out of curiosity, I did some Googling around and came upon the above link. One of the most shocking parts of this article is as follows:
“Two countries came out of the war with more industrial capacity than when they entered it. One was the United States, and the other – astonishingly – was Germany. Steil writes that a remarkable 80 per cent of the country’s industrial plant capacity remained intact. Germany exited the war with a greater functioning machine tool stock than it had on entering it – much of it new (one-third of industrial equipment was less than five years old, up from one-tenth in 1939).
The gigantic Allied air offensive, in other words, had left the working population starving, cold and homeless, but had largely preserved the factories.”
This is absolutely shocking. History books would lead you to believe that the US targeted factories and civilians were unfortunate collateral damage, but this suggests that, quite the contrary, the US were targeting civilians and trying to avoid factories! Did America strategically avoid bombing German factories in preparation of using Germany as an economic ally against Russia? Was America’s Cold War premeditated?
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The book is highly cultivated but ultimately sterile, because like most academics, it gets lost in the weeds, and the reader is so busy trying to understand the complexities, history, and trivial details of these three organizations that their fundamental weaknesses and biases are lost in the mix. The reader comes away simply confused more than well-armed with arguments against these organizations. I skimmed most of it. This is ultimately the weakness of modern academics and how it is actually encouraged to exacerbate and proliferate unnecessary complexity, to obfuscate, to manufacture complexity in order to further confuse the public and justify their existence as experts of rather obtuse, complex, and detailed social issues and policies far beyond the critical eye of the common person.
It’s all a scam. It’s like a con-artist trying to promote a pyramid scheme by selling the simple point that it will make you rich, and then when you want details, he hires some Economist from MIT to show you quantitative formulas, figures, tables, advanced math, acronyms galore, and copious amounts of data to confuse the hell out of you. Wall Street actually created a whole new field of Finance called Quantitative Analysis using some of the most talented mathematicians from prestigious nerd schools to do nothing but obfuscate and confuse investors. The public and investors both walk away feeling inadequate and stupid, not even knowing where to begin questioning the analysis. The big degrees from prestigious universities overwhelms them. They think, these guys are so much smarter than me, how could I possibly doubt or begin to question their logic and analysis? All the while, they simply fail to realize, it’s all a scam.
Most people who get big degrees from prestigious universities are just being exploited and used as part of a scam to sell a policy, idea, investment, law to the public. The Ph.D. is so lost in the woods with the details of his field, so blinded by the righteousness and brand name power of his school, that he can’t take a simple step back to realize his hard work is being used as nothing but fodder for confusing and exploiting a mark, usually an unsophisticated retirement or insurance investment manager, an unsophisticated politician who graduated from a state university, or the general public that no longer reads books and relies on late night talk shows for news.
These so-called social “science” experts will argue that you cannot possibly debate us unless you learn all our acronyms, understand all our math, find errors in our formulas, and debate the validity of every chart, figure, table, and formula. This is a simple trick. By the time you’ve wasted all your time trying to do this, some other social “scientist” will have come out with another paper or study that you will need to refute in order to claim legitimate criticism of their idea. And oddly enough, unless you have one of their fancy degrees, thereby proving you’re already brainwashed, your criticism is dismissed as provincial. (In case you’re wondering, I actually do have an Ivy League degree in Economics, but I actually didn’t drink enough Koolaid to play their con to make a living.) They’re always one step ahead of you, because they’re all getting paid by big business or government grants, and there’s more of them than you, and you’ll never win.
Fact is, you don’t have to play their stupid games. You can formulate arguments against their ideas without refuting every single stupid trick they’ve conceived to obfuscate. You don’t have to be a fake social “scientist” with a bullshit Ph.D. from Elitist WASP College to understand and debate social or economic policies. Anyone who says so is brainwashed and delusional and an utter servant to a ruling class protected by “law enforcing” henchman and intellectually validating (rationalizing) social “scientists.” I imagine they may have been concerned about opening up all their secrets to nonwhites, but alas, so many nonwhites applauded themselves for their elitist WASPy degrees and the accompanying academic accolades and perks that they gave them even more credibility by supporting their corrupt ideas with a bunch of nonwhite lackeys. They do the exact same thing putting nonwhites in charge of these global organizations as theatrical proof that they’re not really super white, super elitist corrupt, criminal syndicates. And yes, they do the exact same thing with our American presidents. Look, we have a black man in charge, how could America possibly be the mostly white, elitist destroyer and rapist of Third World Africa?