Capitalism: True and False

Hanne Nabintu Herland’s The Billionaire World: How Marxism serves the Elite (2023) is a vital book that will help you understand what is going on in the world today. It will also help you to defend capitalism against objections that are all-too-common today.  Herland distinguishes two kinds of capitalism: real and fake.  The real kind is a voluntary society, in which people trade goods and services with each other, and everybody benefits. The fake kind is one in which a few greedy billionaires use the state to gain power and privileges for themselves. These billionaires are willing to enslave humanity to gain their nefarious ends.

Here is what Herland says about them:

“In the West, the ultra-rich own almost everything. Private investment corporations such as Blackrock, Vanguard, Capital World, Fidelity Management, Berkshire Hathaway and State Street represent capital owners who own media companies, Big Tech, Big Pharma, the military complex, and the food industry. They also fund politicians and exert strong influence over political decision makers as well as government funds and assets.

These investment companies have become so powerful that they control most of the world’s capital. Whichever industry you take a look at, you easily find many of the top shareholders, decision makers and names among the ten leading institutional investors. Most of the companies that we perceive as competing brands are actually owned by the same company; for example The Coca-Cola Company and PepsiCo.

These mastodonte companies completely dominate our way of life, what we eat, drink, watch on TV, what we wear, and who we vote for. They are the rulers of social media, the mainstream media, Hollywood, and most of the entertainment business.”

This domination leads to a totalitarian control over people:

“To an employee, this economic entanglement has vast implications. In order to keep their job and be able to put food on the table, journalists and editors alike have to exhibit their willingness to agree with the narrative being pushed. If they object to the politically correct groupthink, they’re out. The desired narrative is structured to produce the highest possible capital gain for the news business’ super-rich owners, with the blessing of media leaders, government officials, leading politicians, and the academic elite.”

People usually think of Marxism as the enemy of the super-rich, but in fact the billionaires and the Marxists are allied to overthrow Western civilization:

“This is a point the book ponders over. It would have been close to impossible for the billionaire class to succeed without the weakening of the Western social culture. The reference here is precisely to the remarkable socialist revolt against classical, Western values such as the demand for individual accountability, the right to own the fruit of one’s own labour, the establishment of decentralized government and independent institutions, private property rights, and equality, regardless of race, class, or gender; to precisely the Marxist aim of crushing social stability to impose a centralized government and the atheist world order, destroying the “bourgeois” family structure and the nation-state, and repressing free speech and critical thinking for those who oppose the left-wing narrative. . .Fear was key to create an obedient population under Joseph Stalin and fear is the key word today.”

After reading this, you may wonder, “Who is Hanne Herland? Why should we believe what she says? The distinguished and astute Paul Craig Roberts explains and summarizes her views:

“Hanna Herland is a leading intellect of the Western world.  She is a defender of civilization and Christian morality and a stalwart opponent of the Satanic

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Article from LewRockwell

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