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Neofeudalism Isn’t a Flaw of the System–It’s the System Working Perfectly

December 14, 2018

Neofeudalism Isn’t a Flaw of the System–It’s the System Working Perfectly

Fakery is always precarious: the truth about the asymmetries of power might slip out and spread like wildfire.

I’ve been writing about neofeudalism and its cousin neocolonialism for seven years:

500 Million Debt-Serfs: The European Union Is a Neo-Feudal Kleptocracy (July 22, 2011)

The E.U., Neofeudalism and the Neocolonial-Financialization Model (May 24, 2012)

The basic idea here is the socio-economic-political system is structured such that the only possible output is neofeudalism. In other words, neofeudalism isn’t a flaw in the system that can be changed with policy tweaks or electing a new president or PM– it’s the result of the system working as designed.

Neofeudalism is a peculiarly invisible hierarchical structure of power: The New Nobility (or aristocracy if you prefer) wields vast concentrations of political, social and financial power, and does so without the formalized aristocrat-serf relationships and obligations of classic neofeudalism.

We appear to be free but we’re powerless to change the power asymmetry between the New Nobility and the commoners. This reality is reified into social relations that are simulacra of actual power, pantomimes acted out in media-theaters to instill the belief that the foundational myths of democracy and social mobility are real rather than misleading shadows.

Neofeudalism is fundamentally a financial-political arrangement, marketed and managed by cultural elites who strive to convince us that we still have some shreds of power. These elites have a variety of tools at their disposal. One has been described by filmmaker Adam Curtis as pantomime: Trump says/does something outrageous, the Democrats cry “impeachment,” and so on.

This theater of pantomime serves two purposes: it projects a simulation of functional democracy that makes us believe impeaching one president and getting another one in office will change anything about the neofeudal power structure; it won’t.

…click on the above link to read the rest of the article…

Trump Seeks Congressional Funding for 60,000-Man Army to Overthrow Assad

March 9, 2018

Trump Seeks Congressional Funding for 60,000-Man Army to Overthrow Assad

ISIS, or ISIL, or Islamic State, has been almost completely defeated in Syria, but the U.S. Department of Defense is requesting an increase instead of a decrease in funding to support “Vetted Syrian Opposition,” or fighters in Syria against Syria’s Government, and it refers to these fighters as being part of America’s “strategy to defeat ISIS,” instead of as being what they now obviously are: fighters for regime-change, or to overthrow Syria’s Government (which is headed by its President Bashar al-Assad, who received 89% of the votes cast throughout Syria in the internationally monitored 2014 Presidential election).

The Trump Administration’s “Department of Defense Budget Fiscal Year (FY) 2019” funding-request to Congress calls for “III. Requirements in Syria” of: 

a Coalition campaign to degrade, dismantle, and ultimately defeat ISIS in Syria. One key element of DoD’s strategy to defeat ISIS is to train, equip, sustain, and enable elements of the Vetted Syrian Opposition (VSO) eligible for support under current law. By the end of FY 2018, these forces are projected to total approximately 60,000 to 65,000; 30,000 to conduct ongoing combat missions against ISIS in the MERV, and 35,000 Internal Security Forces in liberated areas (to provide approximately 20 police/security forces for every 1,000 civilians).

Here is the:

SUMMARY

The FY 2019 request fully funds the Syria T[rain]&E[quip/arm] program based on requirements to sustain a 35,000 Internal Security Force together with a 30,000 combat personnel partner forces (as required) to liberate, secure, and defend territory previously controlled by ISIS [but now no longer ISIS-controlled]. The following is a summary of the requirements in Syria by category:

Category FY 2018 Request FY 2019 Request ($ in Millions) [FY2018, then FY2019]

Weapons, Ammunition, Vehicles and Other Equipment $393.3 $162.5

Basic Life Support $6.1 $8.0

Transportation and Staging $40.0 $28.0

Operational Sustainment $60.6 $101.5

TOTAL $500.0 $300.0

…click on the above link to read the rest of the article…

Time to Trade in Your Jag, Benz, BMW for a Dented Econobox: Days of Rage Are Coming

September 24, 2015

Time to Trade in Your Jag, Benz, BMW for a Dented Econobox: Days of Rage Are Coming

The resistance will take the form of subverting the signifiers of wealth that exemplify the few who have benefited so greatly while everyone else lost ground.

It’s time to trade in your Jag, Mercedes, BMW (and maybe your Prius, Volvo, Lexus, etc.) before the Days of Rage start. As I’ve explained before ( As the “Prosperity” Tide Recedes, the Ugly Reality of Wealth Inequality Is Exposed), the rage of the masses who have been losing ground while the Financier Oligarchs, the New Nobility and the technocrat class reap immense gains for decades has been suppressed by the dream that they too could join the Upper Caste.

But once the realistic odds of that happening (low) sink in, the Days of Rage will begin. For those still who don’t know the facts of rising inequality, here’s what you need to know.

The top 1% skim 23% of all income:

While the top 5% has enjoyed substantial income gains over the past 45 years, adjusted for inflation, the bottom 90% have lost ground:

The last time there was mass unrest in America was the civil rights/Vietnam War era. The power of the civil rights movement arose from the core injustice of segregation (separate and unequal) and institutionalized racism/bias. This institutionalized injustice drew people from all classes and ethnicities into the streets, where they were promptly beaten by police.

 

…click on the above link to read the rest of the article…

 

 

 

How Fascist Capitalism Functions: The Case of Greece

July 12, 2015

How Fascist Capitalism Functions: The Case of Greece

There is democratic capitalism, and there is fascist capitalism. What we have today is fascist capitalism; and the following will explain how it works, using as an example the case of Greece.

Mark Whitehouse at Bloomberg headlined on 27 June 2015, “If Greece Defaults, Europe’s Taxpayers Lose,” and presented his ‘news’ report, which simply assumed that, perhaps someday, Greece will be able to get out of debt without defaulting on it. Other than his unfounded assumption there (which assumption is even in his headline), his report was accurate. Here is what he reported that’s accurate:

He presented two graphs, the first of which shows Greece’s governmental debt to private investors (bondholders) as of, first, December 2009; and, then, five years later, December 2014. This graph shows that, in almost all countries, private investors either eliminated or steeply reduced their holdings of Greek government bonds during that 5-year period. (Overall, it was reduced by 83%; but, in countries such as France, Portugal, Ireland, Austria, and Belgium, it was reduced closer to 100% — all of it.) In other words: by the time of December 2009, word was out, amongst the aristocracy, that only suckers would want to buy it from them, so they needed suckers and took advantage of the system that the aristocracy had set up for governments to buy aristocrats’ bad bets — for governments to be suckers when private individuals won’t. Not all of it was sold directly to governments; much of it went instead indirectly, to agencies that the aristocracy has set up as basically transfer-agencies for passing junk to governments; in other words, as middlemen, to transfer unpayable debt-obligations to various governments’ taxpayers.

…click on the above link to read the rest of the article…

 

 

Wikipedia as Propaganda Not History — MH17 as An Example

July 9, 2015

Wikipedia as Propaganda Not History — MH17 as An Example

Screen Shot 2015-07-08 at 7.17.43 PM

Wikipedia articles are more propaganda than they are historical accounts. And, often, their cited sources are misleading, or even false.

On 15 August 2007, the BBC headlined “Wikipedia Shows CIA Page Edits,” and Jonathan Fildes reported that, “An online tool that claims to reveal the identity of organizations that edit Wikipedia pages has revealed that the CIA was involved in editing entries.” I.e.: What the CIA doesn’t like, they can (and do) eliminate or change.

More recently, on 25 June 2015, an anonymous reddit poster, “moose,” listed and linked directly to 18 different news reports, in such media as New York Times, Washington Post, Telegraph, Mirror, Guardian, and Newsweek, reporting about wikipedia edits that were supplied not only by the CIA but by other U.S. Government offices, and by large corporations. That person opened with a news report which implicated Wikipedia itself, “Wikipedia honcho caught in scandal quits, defends paid edits,” in which Wikipedia’s own corruption was discussed. Most of the other news reports there concerned unpaid edits by employees at CIA, congressional and British parliamentary offices, the DCRI (French equivalent of the U.S. CIA), large corporations, self-interested individuals, and others. One article even concerned a report that, “All-Russia State Television and Radio Broadcasting Company (VGTRK) changed a Russian language version of a page listing civil aviation accidents to say that ‘The plane [flight MH17] was shot down by Ukrainian soldiers’.” Basically, wikipedia has been revealed to be a river of ‘information’ that’s polluted by so many self-interested sources as to be no more reliable than, say: “New York Times, Washington Post, Telegraph, Mirror, Guardian, and Newsweek.”

And that’s not reliable at all. For example, everybody knew in 2002 and 2003 that Saddam Hussein was stockpiling WMD “Weapons of Mass Destruction,” because they had read it in such ‘news’ sources as that. Consequently, even when wikipedia links to those sorts of articles, it can be propagating lies. 

 

…click on the above link to read the rest of the article…

U.S. Wealth-Concentration: The Most-Accurate Current Estimates

July 8, 2015

U.S. Wealth-Concentration: The Most-Accurate Current Estimates

CURRENT REALITIES:

Wealthiest Tenth (10%) of Americans Own 75% of America; They Draw 40% of All U.S. Income.

Wealthiest Hundredth (1%) of Americans Own 43% of America; They Draw 20% of All U.S. Income.

Wealthiest Thousandth (0.1%) of Americans Own 22% of America; They Draw 8% of All U.S. Income.

Wealthiest Ten-Thousandth (0.01%) Own 11.2% of America; They Draw 5% of All U.S. Income.

Wealthiest 0.0025% (Forbes 400) Own 2.75% (of all trackable privately-held wealth, not including ‘non-profits’ that are controlled by them).

That last (2.75%) is this $2.29 trillion divided by this $83,296 billion (representing all of the privately owned wealth in the U.S.), in the final quarter of 2014.

Incidentally, the wealthiest tenth are worth over $1 million and draw incomes above $200,000; so: they’re all “millionaires” in common parlance; all of the “top 10%” are.

Following will be mirror-images of the above-cited breakdowns:

Poorest 90% of Americans Own 25% of America; They Draw 60% of All U.S. Income.

Poorest 99% of Americans Own 57% of America; They Draw 80% of All U.S. Income.

Poorest 99.9% of Americans Own 78% of America; They Draw 92% of All U.S. Income.

Poorest 99.99% of Americans Own Less Than 88.8% of America; They Draw Less Than 95% of All U.S. Income.

Poorer 50%: Comprehensive figures for the wealthier and poorer 50% of Americans haven’t been published as recently. However, for the year 2010, the wealthier 50% of Americans owned 98.9% of America, and the poorer 50% of Americans owned 1.1% of America. That was the year after the crash had supposedly ended in 2009. The last prior year in that same study was 2007, the economic peak, and it showed the wealthier half owning 97.5% of America, and the poorer half owning 2.5% of it. In other words: the losses from the Wall Street economic crash went overwhelmingly to the poorer half of the U.S. population (their wealth going down from 2.5% to only 1.1% of America’s total), because of the bailouts to Wall Street. 

…click on the above link to read the rest of the article…

 

 

 

 

Olduvai IV: Courage
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Olduvai II: Exodus
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