CHOMSKY FINALLY AGREES WITH PATRICE AYME: AMERICAN DREAM DIED BECAUSE OF PLUTOCRACY… But Chomsky does not go as far as using the word. And that makes him, and his devoted followers, miss the EPIGENETICS OF EVIL. Thus they complain about the fleas, not the wolf carrying them:
America did not start as a plutocracy in the sense of an extremely wealthy class ruling. Jamestown was like that, but was it was a tiny hamlet fortress. Then England, wrecked by civil wars and revolutions, lost control of its American colonies until the 1700s. Attempts to make Lord Penn the ruler of Pennsylvania ended up in the American Revolution. Washington, Jefferson, and Al. were very wealthy and somewhat satanic, as they held slaves, but they were small fry relative to European plutocrats, who were much wealthier, and much more satanic.
And on it went. The Confederacy was to some extent a plutocratic revolt centered around the idea of buying, selling and abusing people as if they were chicken: it failed.
The first US billionaire was Carnegie. Carnegie was far left, advocating 50% tax on the wealthy, and punishing estate taxes. His widely advocated ideas brought a mood conducive to the passage of the anti-trust act under President Teddy Roosevelt.
So when did the US democracy go bad? JP Morgan, a banker, escaped the anti-trust thrust. Dr. Schacht, a German banker cum economist joined the Dresdner Bank in 1903. In 1905, while on a business trip to the United States with board members of the Dresdner Bank, Schacht met the famous American banker J. P. Morgan, as well as U.S. president Theodore Roosevelt. Schacht became deputy director of the Dresdner Bank from 1908 to 1915. Meanwhile, when Wall Street collapsed in 1907, JP Morgan “bought all of it” (or at least a big part of it), bringing the market around.
By 1914, US plutocrats, and the racist president Wilson, conspired with the Kaiser, enabling the Kaiser to hope to destroy his enemy, the French Republic. That magnificent plot backfired on Germany when Great Britain declared war to the Kaiser within days of its attack on France.
But it did not backfire for the USA: the US supported the Kaiser for three years with ammunition components, etc., while the UK and France piled up debts to the USA. More exactly, US plutocrats made a fortune, while putting the UK and france in their debt.
In 1919, US plutocrats made it so that German fascists could have another go at the French Republic. Meanwhile, the US requisitioned giant amounts of German private property, then transferred that to US plutocrats, finishing the deal by burning the records of these transactions, in a highly convenient blaze. I am not joking: the cause of the burning of the Commerce Building on January 10, 1921 was never determined: rats, smoking were excluded, and electric wires kept new and perfect. The fire started in the file room, was all over in a couple of minutes, and lasted five hours.
In any case, the US became the de facto overlord of the so-called “Weimar Republic” (the official name was “Second German Reich”; Hitler changed it to “Third German Reich” in 1935). That enabled US plutocrats (some of them Jewish) to turn around the US antitrust law.
The symbiosis between Nazism and US plutocracy was total, including the latter giving birth to the former. Dr. Schacht was central in this (and that’s why he was judged and exonerated, as one of the top 24 Nazi war criminals in 1945 at Nuremberg).
To win the war, the US became, de facto, a sort of social democracy. It slowly went back to plutocracy when Nazi operators and collaborators such as the Dulles brothers, took control of the USA in the 1950s. A quick learner and follower, R. Nixon, became president in 1969, setting up the HMO system, while making an alliance with the Chinese dictatorship.
Ford, Carter, Reagan, ramped up the plutocratic pressure. The dam broke under Clinton, who actually dismantled the MOST IMPORTANT legislative piece of president Franklin D Roosevelt’s long presidency: the Banking Act of 1933 (“Glass Steagall”).
The Deep State, suitably plutocratized then established a number of evil corporations which were used as intelligence agencies (internally and externally). This is when Sheryl Sandberg was parachuted from the Treasury Department where she was the official girlfriend of Lawrence Summers (successor of R. Rubin, ex- Goldman Sachs chair) to Google and then Facebook (she will meet with Trump Wednesday).
Chomsky, A Crow On Its MIT Branch, Crowing Lugubriously:
That was for the causes. Chomsky started to condemn the “financialization” of the USA for the acceleration of inequality in 2013, under Obama (Patrice Ayme explained that it was caused by the abrogation of the Banking Act, already more than 10 years ago; Chomsky vaguely describes, Patrice explains…).
Here is Chomsky’s latest description: “The ‘American Dream’ was all about class mobility. You were born poor, but could get out of poverty through hard work and provide a better future for your children. It was possible for [some workers] to find a decent-paying job, buy a home, a car and pay for a kid’s education… It’s all collapsed — and we shouldn’t have too many illusions about when it was partially real… The so-called American Dream was always based partly in myth and partly in reality.” Chomsky said, noting that Americans are losing their hope due to “stagnating incomes, declining living standards, outrageous student debt levels, and hard-to-come-by decent-paying jobs.”
“The inequality in the contemporary period is almost unprecedented. If you look at total inequality, it ranks amongst the worse periods of American history… However, if you look at inequality more closely, you see that it comes from wealth that is in the hands of a tiny sector of the population…
The current period is extreme because inequality comes from super wealth. Literally, the top one-tenth of a percent are just super wealthy,”
Chomsky describes. One of my trusted commenters asked me recently what I thought of Chomsky. A philosopher is not just a botanist. A philosopher would explain. Chomsky also avoid to use the concept of “plutocracy”. He describes it, he describes how wealth, being powerful, grabs power.
Plutocracy, Epigenetics of Evil:
However, that comes short. Very short. Chomsky does not dare to cross the semantic Rubicon of calling it for what it is, the genetics of evil.
This is why Chomsky clings to the idea that the American Founders debated what is at stake now. Now, they did not: the Internet has changed everything, starting with the minds, the moods, hence the genes, or the genetic expressions, to be a bit more precise. We know that fishes in a changed environment, change genetically. Females can become not just males, but super males.
Plutocracy is not just the rule of wealth. We know, from studying epigenetics in other species, that animal behavior influences genetic, let alone neurohormonal expression.
The absolute power of enormous wealth does not just corrupt absolutely, it corrupts genetically.
Complaining about the fleas is good, but seeing the wolf carrying them, better. Wisdom is not just about seeing, but doing it better.