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In reply to the discussion: The Dark Age of Money: Milton Friedman and the Rise of Monetary Fascism [View all]AntiFascist
(12,792 posts)30. One concept that sticks...
originally developed by Strauss at the University of Chicago, is the concept of the power of the Great Deception. This concept operates at all levels of humanity and the result, at the low end, is survival of the fittest. At the high end of society, the result is maintenance of the status quo. In a world competing for resources, this philosophy helps to ensure that those at the top remain at the top, and only those at the bottom most suitable for aiding those at the top are allowed to climb the ladder, but usually only up to a point.
The end result is social stratification and this actually runs counter to the goals of a truly free market, which should be much more dynamic, tumultuous, and dare I say revolutionary.
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The Dark Age of Money: Milton Friedman and the Rise of Monetary Fascism [View all]
Octafish
Oct 2012
OP
You're welcome; but, you deserve the credit in bringing this little reported fact - a life
byeya
Oct 2012
#9
David Stockman, Pruneface Budget Director, said the wealth transfer was political...
Octafish
Oct 2012
#42
For roughly 20 years after WWII this nation built up enormous equity. Over the next 30 years
Egalitarian Thug
Oct 2012
#15
This sentence, "...uses the powers of the state to put the interest of money and the financial class
Egalitarian Thug
Oct 2012
#12
this is why the EU is failing: They put the demands of the banks above the needs of people.
librechik
Oct 2012
#17
The EU also needs a treasury and the individual nations need to be able to adjust
byeya
Oct 2012
#20
Govts need to use the military to take over banks, before the banksters buy their military, too.
WinkyDink
Oct 2012
#26
This entire thread is MUST READ stuff! ... My thanks to all of the contributors.
Bozita
Oct 2012
#32