Capitalism vs Consumer Sovereignty

Capitalism vs Consumer Sovereignty

“As we view the achievements of aggregated capital, we discover the existence of trusts, combinations, and monopolies, while the citizen is struggling far in the rear or is trampled to death beneath an iron heel. Corporations, which should be the carefully restrained creatures of the law and the servants of the people, are fast becoming the people’s masters.”

The distinction between good and bad banking, that is, between usury credit monopoly and debt money  versus loans on pooled household savings of debt-free national treasury (fiat) money

Dick Eastman
January 12, 2012

Capitalism is a system of exploitation.  Interest, monopoly credit and monopoly rent are what enslave us, not entrepreneurship, market exchange or profit.   Interest and monopoly power destroy the equilibrating, harmonizing, mutual-gain poissibilities of a market economy where laws regulating contract and ownership are corrupted by the interests of an organized minority that wages economic warfare by buying politicians on the black market so that cheating will be legalized by convenient rewriting of the rule book.


Capitalism vs Consumer Sovereignty


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