100% agree. We have not had free-market capitalism for a very long time--1913 at the latest. What we have is Corporatism (or that annoying term 'crony capitalism'), perhaps even a form of Neo-Feudalism perpetuated by the Int'l banks and their slave fiat system.
Discussion
I could not have said it better myself!
You sound exactly like Richard Wolff now lol
Thank you for the articulation.
Yes I believe 1913 was the first time "we" went off the gold standard if im not mistaken?
Not quite. 1913 was when the banks were cartelized under the federal reserve. They slowly began to centralize a major aspect id the free market system with its.price discovery miracle--that is, interest rates. And the money supply. Holding gold privately was outlawed some 20 years later under FDR, but the "federal reserve notes" were still backed by gold to some degree. Then came Bretton Woods after WWII, when we went to the gold-exchange system. Fast forward to 15 Aug 1971 when the U.S.A. went bankrupt under Nixon and weve been full fiat ever since. And, as everyone knows, "you never go full [fiat]."