MERCANTILISM HISTORY
( I posted a Saturday article/link if you missed it )
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( I posted a Saturday article/link if you missed it )
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Mercantilism was the early European economic theory and practice of
establishing colonies as a means to eliminate the dependence of other nations
for trade. If you controlled a colony
and it fed your population, no other nation state could force you into disadvantageous
trade. Not that colonialism is anything
new under the sun. That system has been
around since agriculture got started.
But with the new coffee beans replacing beer and wine as the socializing
drink of choice of the days intellectuals, placing new lipstick on old pigs
made for clocking poor behavior with grandiose ideas much easier, being a
stimulant rather than a depressant. Just
as today’s support of First Responders and the military is de rigueur and a
cover for imperialism and home grown tyranny, back then fancy theorists became
slaveries apologists. Of course, today
most folks use the term Mercantilism as a short hand for government support of
business, implying big business controls the government ( back then, government
subsidized colonial acquisition and expansion to grow the home population and
quell rebellion, now government subsidizes corporations as a bribe so enough
jobs are created to pacify the voters and to feed the hope of the Debt Serfs
that they might one day be free ). I’ve
always believed the central bank does the controlling and government and corporations feed off its
credit to survive, but either way we can agree that the government sure seems
to love and feed the corporations.
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Since before our independence, our country has always used the
government to enrich and reward and subsidize the right businessmen. War profiteers did a brisk business at the
start of the Revolution and afterwards most of those newly elected central government
“freedom fighters” cashed in on the newly freed, just acquired Indian lands the
Brits had been keeping from settlement.
They were called Speculators, to give the deed a patina of gambling, but
if you Follow The Money it is easy to see why kicking the English out would pay
the independence agitators. Ever since,
the closed loop of the rich man influencing the government and the government
officials enriching themselves with bribes and kickbacks from the rich was the
only operating system ( and you thought Hilary with too many cattle futures was
New News ). Unfortunately for all the
newly rich or their wanna-be rich offspring clamoring to get into an Ivy League
school ( if you ever had the displeasure to view the movie “W”, a rectal suck
to the establishment if there ever was one, one would conclude that despite
immaturity and a propensity towards alcoholism, Shrub was gifted with a great
memory. Actually, daddy was gifted with
money and that is all it takes to get into school, especially the prestigious
ones. Ivy league schools are the
initiation into the club for our empires future leaders and opinion molders,
not institutions for higher learning.
What do you expect from a bunch of tea slurping class worshiping
Anglophiles? ), the system is in trouble.
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Resources are what makes or breaks tribes, countries, empires or
civilizations. You can’t get much
simpler than that. Our country has
always done business with free or nearly free resources. That was one of the reasons the Great
Depression wasn’t going to end any time soon ( even I will admit, reluctantly,
that the Federal Reserve Bank wasn’t solely responsible ). A glut of resources and farming and
manufacturing, but not jobs, as the American Oil Age arrived in full force. And we did a great job blowing up and sinking
a lot of that surplus. War spending per
se didn’t get us out of the Depression, but getting rid of the surplus
helped. A free resource for business is
one thing, a great thing in our economic system, but not so great once
everything starts getting automated ( the race to computerize everything is
both at once a need to minimize a dwindling resource base AND a replay of the
1920’s as jobs were replaced by machines.
We aren’t in a great depression now only because of the welfare
state. Note to Supreme Nob Job Morons
Rush and Beck ). Here is the main
problem today for the rich. Resources
are no longer free ( the Reagan Revolution was Alaskan Oil fed. Only Saudi Arabian oil saved our empire from
implosion in the early 70’s, or we would have collapsed prior to the Soviet
Union. Us from Vietnam, them from
Afghanistan. Today, or the very near
future, us from Afghanistan ). There are
no more free fixes like Alaska or the House Of Saud. It is all cannibalization. Nothing works like before. Because businessmen all think their
intelligence makes a great business.
They are morons. Anyone who
believes in indefinite growth on a finite planet is a moron. Their business success was just free
inputs. Look at your employer. Does he “buy cheap and sell dear”? Or DID he long ago? Is it now just fighting over a shrinking
pie? How secure do you feel working for
a company with an outdated business model?
END
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