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Capitalism Cannot Turn Into Anything But Autocracy

Capitalism Cannot Turn Into Anything But Autocracy

…only to disintegrate altogether soon after

The history of capitalism has an arc of its own. It has a beginning, a high point, and yes, an end — with or without revolutions, climate change or ecological destruction. Capitalism follows a trajectory of natural evolution culminating in a Orwellian dystopia, right before its quick demise. Join me in this short review on the origins of capitalism to understand why every attempt made at dismantling it has failed — and will continue to do so — until the authoritarian technologies making it possible disappear in the not so distant future.


According to Investopedia “Capitalism is an economic system characterized by private ownership of the means of production, with labor solely paid wages. Capitalism depends on the enforcement of private property rights, which provide incentives for investment in and productive use of capital.” What is sorely missing from this definition — as always when it comes to economics — is the role of technology and energy. Both factors have played a crucial role in the conception of this idea, let alone its growth into the hydra it has become. Contrary to common wisdom, I argue, neither of these critical inputs — energy and technology — were brought about by capitalism itself, it was completely the other way around. It was the use of technology and an ever growing availability of energy which has made capitalism possible, and thus the loss of these will be the cause which will eventually bring it to its knees.

Capitalism can never hoped to be dismantled without abandoning technology.

I know that is a harsh statement, perhaps prompting some of my readers to point out how anti-technology I am, and how a socialist revolution / green technologies / Bitcoin / gold / or fill in the blank could turn things around overnight. Well, all I ask is this: bear with me for a few more minutes.

…click on the above link to read the rest…

The End of “The End of History” – U.S. Mid-East Policy’s Fork in the Road

The End of “The End of History” – U.S. Mid-East Policy’s Fork in the Road

In 1989 Francis Fukayama declared that we had reached “The End of History.”  Democracy as a form of government would, in fact, be the end of the evolution of human interaction.  The West had triumphed and that the rest was ‘just a chase scene,’ to borrow a phrase from Neal Stephenson’s brilliant dystopian novel “Snow Crash.”

But, this past week’s events in the Middle East tell me that autocracy has replaced democracy and the trans-national parliamentary system of the European Union that Fukayama championed in his 2007 article in The Guardian.

The EU no longer practices representative Democracy today.  Diktats come down from unelected technocrats in Brussels. They are wholly-owned by stateless rent-seeking oligarchs (i.e. George Soros). Everyone in and around the EU is expected to obey or face tanks in the streets (Spain) or endless legal entanglements from captured international courts (Poland).

If you circumvent the rules, the EU will change them to suit its masters’ needs.  Just look at any proposed Russian pipeline into Europe over the past five years.

In the U.S. we have been subjected to the worst form of operant conditioning by an unelected Deep State and its quisling media for a year. They created the mass delusion that President Donald Trump is a secret Russian agent.

The goal was to overturn a democratic election, which itself the people had to overcome systemic voter fraud to win.

When, in fact, everyone who is involved in creating this mass delusion are covering up their collusion with Russia in ways that are espionage and treason.

So, consider me unimpressed with Fukayama’s assessment of history.  History is one of the praxeological disciplines.  Economics is another.  Any historical analysis bereft of economic imperatives is worthless.

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Olduvai IV: Courage
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Olduvai II: Exodus
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