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CHAPTER 20

Is Capitalism the Religion of Money?
Will the Majority Exorcise the Money Trust?

 

CAPITALISM IS THE OLDEST TECHNOLOGY FOR DOMINATING MAN AS SLAVE OR SERVANT. ITS POWER DERIVES FROM MIND MANIPULATION. CAPITALISM IS MADE SECURE, ENDURING, AND INFALLIBLE BY CONCEALING ITSELF AS A RELIGION OF MONEY. AS SUCH, ITS DOCTRINES ARE FABULOUSLY FRAUDULENT.

Capitalism concealed as a Religion of Money can best be unconcealed using Hobbes' Theory of Authority and Power. This doctrine is well explained in Stephen Holmes' Introduction to Behemoth.1 Using Hobbes' doctrine as foundational ground, the following analogic arguments can be advanced:

  1. The Church has been veiled up as the Mediator between Man and God. Banks too have been veiled up -- as Intermediaries between Man and Capital. Both the Church and Banks have posed as gatekeepers2 -- to Heaven or Hell, and to Fortune or Misfortune, respectively.
  2. The secret of religious Authority has been the Psychological Manipulation of the People's Beliefs.3 Both Clergymen and Bankers have posed as intermediaries with special powers. Both have extracted Submission through Fear or "Anxiety" -- Fear of Excommunication and Damnation,4 or fear of Bankruptcy and Financial Ruin. The Church's Psychological dominion has required control over the Scriptures, their Interpretation, and Propaganda.5 Psychological dominion by the Mighty has required control over the Laws and over the Media -- today's perfect Tool for Mass Manipulation. The current increase in the Monopolization of the Media in the United States and in Canada is a bad omen of things to come.
  3. The Essence of Mind Manipulation consists in first divorcing Man from his Conscience, then in Taking Control of his Behavior. The Indoctrination has been Codified as follows: without Obedience to the Church, the Individual is left without Protection from Evil and Damnation.6 This same fiction obtained with the Money Trust: without Obedience and Servitude, the Individual is Vulnerable to Dangers. He must therefore Govern Himself Accordingly.

Fraudulent doctrines. Fraudulent doctrines, masquerading as Religion, have been assailed by the best philosophers. "[A]rtificial religion encourages all the cruelties done in association, conspiracies, seditions, robbery, ambushes, attacks on towns, pillages . . . Each one marches gaily off to crime under the banner of his saint" wrote Voltaire.7 Of course, exposing evil, fraud, and malice is not easy. According to Voltaire, one runs the risk of being "accused of atheism by fanatics and rascals, and condemned by fools."8

The unconcealers of fraudulent doctrines can rest assured; they are in good company. The accused, the censored, the excommunicated, the exiled, etc., include: Socrates, Plato, Aristotle, Paul, Dante, Luther, Galileo, Hobbes, Spinoza, Locke, Voltaire, Hume, Rousseau, Kant, Paine, Russell, Bohm, Pauling, etc.

To understand the Darkness in Capitalism it helps to understand the "Darkness in Religion."9 Of all the philosophers, probably none assailed more vigorously this Darkness than Hobbes, and none mocked it better than Voltaire. The "Power Ecclesiastiques," Hobbes wrote, was nothing but "Usurpation" disguised as "Gods Right"10 [original spelling retained]. Hobbes accused the Pope and the Roman Clergy of his time of having been the chief beneficiaries from "unlawfull Power" derived from "dark Doctrines."11 "Ecclesiasticall Dominion," he argued, was a horrible mischief maintained through a "Vain Philosophy"12 -- Infallibility of the Pope, Exemptions and special privileges for the Clergy, Power over the Sacramentation of Marriage, intelligence collection from Auricular Confession,13 Canonization powers, Demonology and Exorcism, Power to Excommunicate,14 etc.

Inspired by these revelations, thinking cynics may deduce that all may not be for the best with Capitalism:

  1. Is Capitalism the Religion of Money? Is it a Dark Doctrine for Dominating Man as Object to be Exploited?
  2. Are the Powers, Privileges, and Indulgences of the Money Trust qua Religion Unlawful?
  3. Is the Doctrine of the Marketplace Infallible? Is the Marketplace a Fabulous Usurpation disguised as Free Exchange?
  4. Are Banks the Churches of Capitalism, and Bankers its Clergy?
  5. Are Loan Applications Auricular Confessions?
  6. Are Credit Bureaus -- the Money Trust's instrument for maintaining an Index of Credit Information -- the Capitalist version of the Index Librorum Prohibitorum?
  7. Are defilement and harassment practices and procedures of Collection Agencies the Capitalist version of the Inquisition's Malleus Maleficarum?
  8. Is Bankruptcy the Capitalists' Power to Excommunicate?

To challenge the Evils of Capitalism, one must grasp the essence of its Power qua Religion. Based on Hobbes' unconcealment, one can see that the Mighty's struggle for mastery of Man as Servant is not secure and cannot be permanent because:

"THE POWER OF THE MIGHTY HATH NO FOUNDATION BUT IN THE OPINION AND BELIEF OF THE PEOPLE"15 [my emphasis].

Gulling and Duping. Hobbes believed that the Papacy was a "Kingdom of Fairies" -- a Kingdom which could only exist in "the Fancies of ignorant people . . . "16

The Power of the Papacy endured as long as Fear could be used to Seduce the people.17 Hobbes' revelations mean that the Mighty command power by gulling the multitude; and that their Authority is based on psychologically duping the vast majority of the people. By analogy: the Power of Capitalists endures as long as Capitalists can use Fear to Manipulate Psychologically the People. As soon as Obedience to Fear-based Authority is withheld, the Unmerited Power of Rapacious Capitalists Crumbles.

Hobbes' philosophy of political power has a modern version: "X has authority over Y if Y follows the rule that he obey X."18

From Encroachment to Reformation. Hobbes alleged that the papacy "encroached upon the rights of kings."19 The encroachment resulted in Henry VIII and Queen Elizabeth Exorcising the Ecclesiastics, and, thus, "cast[ing] them Out."20

The encroachment of the Church was most ruinous for the papacy. In Germany, Martin Luther embraced Reformation. In Switzerland, Ulrich Zwingli did the same; so did John Calvin in France and in Switzerland. The Power and Authority of the Church to mediate between Man and God would never be the same. For Luther and his followers, "sola fide" (faith alone)21 -- not the Church -- became the road to man's salvation. Calvin went much further: salvation is secondary,-- the "chief end of human life" is "'[t]o know God by whom men were created.'"22

Capitalism veiled as Religion is most dangerous to Man. Hobbes' unconcealments reveal these truths:

  1. Fear-based Authority is the Greatest Fraud ever perpetuated on Man.
  2. When a Church Encroaches upon the Rights of the People, it is Exorcised.

THE PRESCRIPTION FOR SAVING CAPITALISM FOR THE NEXT MILLENNIUM SHOULD NOW BE CRYSTAL CLEAR: THE DARWINISTIC NET ADVANTAGES OF THE MONEY TRUST OVER THE CITIZEN MUST BE ELIMINATED BY THE LEGISLATURE. IF THEY ARE NOT, BOTH THE MONEY TRUST AND THE LEGISLATURE RISK BEING EXORCISED AND CAST OUT BY THE MAJORITY. THE REFORMATION IS NOT LIMITED TO ENCROACHING PAPACIES, IT CAN OVERCOME AND CONSUME ANY CHURCH THAT ENCROACHES ON THE RIGHTS OF MAN -- IRRESPECTIVE OF DENOMINATION.

 


1 See Thomas Hobbes, Behemoth, edited by Ferdinand Tönnies, with an Introduction by Stephen Holmes, 1990.

2 Ibid., at xliii-xliv (Gatekeeper-Priests).

3 Ibid., at xxxix ("psychological manipulation" of beliefs).

4 Ibid., at xiv (anxiety about the future), xxxix and 71 ("power to condemn to hell"), xliv (authority through fear and anxiety).

5 Ibid., at xxxvii (power of propaganda).

6 See Thomas Hobbes, Behemoth, edited by Ferdinand Tönnies, with an Introduction by Stephen Holmes, 1990, at xl and 8 (excommunication: salvation and damnation are controlled by the Church), xlii and 33-34 (obedience for protection), xlviii-xlix ("obedience-for-protection exchange").

7 See Voltaire, Philosophical Dictionary, edited and translated by Theodore Besterman, 1972, at 233 ("artificial religion").

8 Ibid., at 49 (philosophers accused of atheism).

9 See Thomas Hobbes, Leviathan, edited with an Introduction by C.B. Macpherson, 1968, at 706 ("Darknesse in Religion").

10 Ibid., at 703 (Suppression of Reason; Usurpation).

11 Ibid., at 708 ("dark Doctrines"), and 712-715 (Comparison of the Papacy with the Kingdome of Fayries).

12 Ibid., at 682-703 (Of DARKNESSE from VAIN PHILOSOPHY, and FABULOUS TRADITIONS).

13 Ibid., at 707 ("from Auricular Confession, they [the clergy] obtain . . . better intelligence of the designs of Princes, and great persons . . . ")

14 Ibid., at 708 (power to excommunicate), and 710 ("Excommunication" of the "disobedient").

15 See Thomas Hobbes, Behemoth, edited by Ferdinand Tönnies, with an Introduction by Stephen Holmes, 1990, at 16 (foundation of power).

16 See Thomas Hobbes, Leviathan, edited by C.B. Macpherson, at 714 ("Kingdom of Fairies").

17 Ibid., at 714 (power through fear).

18 See Charles E. Lindblom, The Policy-Making Process, 1968, at 37 (The Rule Called "Authority").

19 See Thomas Hobbes, Behemoth, edited by Ferdinand Tönnies, with an Introduction by Stephen Holmes, 1990, at 40 (encroachment "upon the rights of kings").

20 See Thomas Hobbes, Leviathan, edited by C.B. Macpherson, at 714 (exorcism of the papacy by Henry 8 and Qu. Elizabeth).

21 See G.R. Elton, Reformation Europe 1517-1559, 1963, at 16 ("sola fide").

22 Ibid., at 215 (Calvin's catechism).

  

 

HOBBES' THEORY OF POWER
DERIVED FROM AN ANALYSIS BY STEPHEN HOLMES*

 

ELEMENT CHARACTERISTIC AND UNDERLYING PRINCIPLE
Self-fulfilling prophecies1 Prophecies foretelling the future often determine "the event foretold" (xiv).
Anxiety is created by uncertainty about the future: "Ideas in the head control behavior" (xiv)
The unreal can control the real (xiv).
Unpredictable irrationality (gloominess, foolishness, stupidity, etc.) dominates human behavior (xv).
Irrationality2 Irrational behavior is often rooted in irrational motives (xv).
Humans do not have the capacity to "learn from experience"; they are incapable of absorbing "the most obvious truths about natural causality" (xvi).
Norms3 Norms are relative: "'what one calls vice, another calls virtue'" (xix and 45).
Not all motives are reducible to self-interest.
The rich are obsessed with profits (xx); but most people are passive because they are "indoctrinated from infancy" (xxi).
Names4 Names have a greater emotional power than facts: "'words' . . . possess enormous political force" (xxii) -- they "do govern the world" (xxiv).
Public opinion can be manipulated for "subversive effects" (xxiii).
Labeling can be used to "destroy an enemy" (xxiii)
Teachings5 "[T]he power of the mighty hath no foundation but in the opinion and belief of the people" [my emphasis] (xxviii and 16).
Teaching can be used to inculcate obedience.
Doctrines are "politically dangerous": they breed disputes, sedition, and war (xxvii and 95)
Passions6 Irrational passions (love of gain, malice, envy, vanity, spite, narcissism, etc.), not utility maximization, drive much of human affairs (xxviii-xxix).
Passions (revenge, honor, shame, fear, etc.) "regularly override the desire for self-preservation" (xxix).
Political utility of religious fraud7 Power is based on an intangible fiction: "'reputation' for power" (xlvi and 95).
Authority derives from the "gullibility of most people" (xlvi-xlvii).
Gatekeeper-
priests
8
By posing as "gatekeepers to heaven," the clergy induce subservience, fear, obedience, and anxiety (xliii-xliv).
The "ploy" of "sin" is used to manipulate conscience -- to induce "guilt and self-hate" (xlviii and 26).
Sexual guilt and obedience-for-
protection exchange
9
"After inculcating a sense of peril [guilt and self-hate punishable by damnation], they [the clergy] sell their protection from this phantom threat for the price of total obedience" (xlix) [my emphasis]
* The basic elements of Hobbes' Theory of Power and the associated characteristics and underlying principles are derived from Stephen Holmes' Introduction to Thomas Hobbes, Behemoth (1682), 1990.
  

Table 20-1   Basic Elements of Hobbes' Theory of Power -- Derived from an Analysis by Stephen Holmes

This is a partial list of the basic elements of Hobbes' theory of power. The list is derived from Stephen Holmes' Introduction to Hobbes' Behemoth, 1990:

1 Self-Fulfilling Prophecies, at xiv-xv.
2 Irrationality, at xv-xviii.
3 Norms, at xviii-xxii.
4 Names, at xxii-xxv.
5 Teachings, at xxv-xxviii.
6 Passions, at xxvii-xxxiv.
7 The Political Utility of Religious Fraud, at xliv-xlvii.
8 Gatekeeper-Priests, at xliii-xliv.
9 Sexual Guilt, at xlvii-xlviii; especially xlviii (obedience-for-protection exchange).

Sources and Notes:
1-9 Thomas Hobbes, Behemoth (1682), edited by Ferdinand Tönnies, with an Introduction by Stephen Holmes, 1990 (portions of the Introduction appeared in "Political Psychology in Hobbes's Behemoth," in Thomas Hobbes and Political Theory, edited by Mary G. Dietz, 1990 (University Press of Kansas)).
9 See also Thomas Hobbes, Leviathan (1651), edited with an Introduction by C.B. Macpherson, 1968, at 720 ("he that upon promise of Obedience, hath his Life and Liberty allowed him, is then Conquered"), and 728 (relation between protection and obedience).

Copyright © 1998 by Macroknow Inc. All Rights Reserved.

  

 

ROLE OF THE MONEY TRUST IN NATIONAL GOVERNANCE
TWO MODELS

 

Plate 20-1

   
Plate 20-1   Role of the Money Trust in National Governance: From a Darwinistic Compulsion to Dominate, to a Duty to Serve

The flow of authority, legitimacy, and control on the left is consistent with Darwinistic Capitalism. In a phony democracy, the People are controlled and exploited by the Money Trust, with the Government effectively acting as the Trust's Agent. The flow on the right is the only one acceptable in a democracy. In a real and absolute democracy, the Money Trust serves the interests of the People by facilitating, enhancing, and preserving the CREATION OF WEALTH; the Government by the People guarantees the SAFETY, STABILITY, AND FAIRNESS OF THE MARKET SYSTEM.

[Copyright © 1998 by MACROKNOW INC. All rights reserved.]

  

 

WHAT IS THE IDEAL NATIONAL ECONOMY?
THE FLOW OF MONEY -- WHO CONTROLS, WHO PLANS, WHO GETS WHAT?

 

Plate 20-2

  

SELECTED MONEY FLOWS

a1 Personal taxes (direct and indirect), licenses, fees, purchases of government securities
a2 Purchases of goods and services, investments
b1 Family income (wages, salaries, dividends, interest)
b2 Corporate taxes (direct and indirect), licenses, fees, sales of government securities
Transfers to families
Corporate subsidies
Revenues from exports, dividends and interest earned from foreign investments, repatriation of capital
Cost of imports, purchases of foreign securities, dividends and interest paid to foreign investors, etc.

  

   
Plate 20-2   The Ideal National Economy: The Flow of Money -- Who Controls, Who Plans, and Who Gets What?

  CAPITALISTS claim to offer two great instruments for organizing and directing human economic transactions:

  1. The marketplace -- a place were people can buy and sell freely what they please, at competitive prices, without coercion.
  2. The corporation -- a legal instrument for organizing and directing effort, innovation, and resources, for the purpose of producing goods, services, and wealth.

Unfortunately, the empirical evidence, from around the world, tends to indicate the following:

  1. Market processes are failing miserably for many because of widespread corruption, exploitation, predation, etc. Driven by greed, and hell-bent on exercising "monopolistic practices,"1 many transnationals can abuse their massive economic and technological powers -- at the expense of people.
  2. A potentially Orwellian electronic web can soon allow a few institutions to control, through ubiquitous electronic means, almost every aspect of economic human life -- a sure road to totalitarianism and servitude.
  3. The concentration of Media powers can soon allow unprecedented global manipulations and distortions of reality -- by a trivial few.
  4. Big corporations are increasingly behaving like "para-governments"2 with substantial coercive financial powers -- and trivial social responsibility. This is potentially a most dangerous development. Big Business leaders represent the interests of big stockholders, not necessarily those of the People.
  5. Governments are increasingly behaving like Big Business. Democracy is perverted when politicians become Agents for Big Business.

What can people do? The People can demand that politicians provide clear diagrams showing the actual and expected flows and concentrations of assets, including Money -- between and among the entities identified in this Plate, by region and by year. If the implied concentrations of indenture, servitude, or misery3 are or become unacceptable, then the politicians can be fired.
 

SURVIVAL OF CAPITALISM
SOME FORMIDABLE ISSUES
A Need for recognizing that people and families come first -- not Big Governments, not Big Business.
Need for taming the people's hostility: with decent, stable, well-paying jobs.
Need for accountability and responsibility in the marketplace, and for eliminating unmerited rich-poor gaps.
Need for a secure, stable, and reliable safety net.
Need for protecting citizens against coercion and indentured servitude.
B Need for legislation and moral law to secure the freedom of individuals, and to eliminate net advantages of Big Governments and Big Business -- over citizens.
Need for effective and independent judicial powers -- for fighting crime, fraud, deceit, misappropriation, expropriation, defalcation, abuse, etc., in the marketplace.
Need for assuring the security and privacy of citizens.
Need for
truly free trade -- not exploitative trade masquerading as "free trade."
C Need for domestically owned and controlled technology and industry.
Need for fair distribution of the benefits from science and technology.
D Need for defeating "monopolistic practices."
Need for protecting small businesses:
  • from destabilization by lenders or creditors;
  • from predatory "creative destruction"; and
  • from other devastations from overinvestment cycles.

Need for protecting innovators against domination of science and technology by the Money Trust.

Sources:
1 Schumpeter's expression; see Joseph A. Schumpeter, Capitalism, Socialism and Democracy, 3rd ed., with a new Introduction by Tom Bottomore, 1942, 1947, 1950, and 1976, at 81-86 (The Process of Creative Destruction), and 87-106 (Monopolistic Practices).
2 On para-governments, see Friedrich A. Hayek, Law, Legislation and Liberty, Vol. 3, 1979, at 13-17 (Coalitions of Organized Interests and the Apparatus of Para-Government).
3 In Friedman's words: "the typical state of mankind is tyranny, servitude, and misery"; see Milton Friedman, Capitalism and Freedom, with the assistance of Rose D. Friedman, 1962 and 1982, at 9.

[Copyright © 1998 by MACROKNOW INC. All rights reserved.]

  

 


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