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Kid Berwyn

(25,055 posts)
3. Money, Power, Fascism -- The Octopus
Fri May 15, 2026, 09:46 AM
Friday
Milton Friedman and the Rise of Monetary Fascism

The Dark Age of Money


by JAMES C. KENNEDY
CounterPunch Oct. 24, 2012

EXCERPT...

Monetary Fascism was created and propagated through the Chicago School of Economics. Milton Friedman’s collective works constitute the foundation of Monetary Fascism. Knowing that the term ’Fascism’ was universally unpopular; Friedman and the Chicago School of Economics masquerade these works as ‘Capitalism’ and ’Free Market’ economics.

SNIP...

The fundamental difference between Adam Smith’s free market capitalism and Friedman’s ‘free market capitalism’ is that Friedman’s is a hyper extractive model, the kind that creates and maintains Third-World-Countries and Banana-Republics, without geo-political borders.

If you say that this is nothing new, you miss the point. Friedman does not differentiate between some third world country and his own. The ultimate difference is that Friedman has created a model that sanctions and promotes the exploitation of his own country, in fact every country, for the benefit of the investor, money the uber-wealthy. He dressed up this noxious ideology as ‘free market capitalism’ and then convinced most of the world to embrace it as their economic salvation.

SNIP...

Monetary Fascism, as conceived by Friedman, uses the powers of the state to put the interest of money and the financial class above and beyond all other forms of industry (and other stake holders) and the state itself.

SNIP...

Money has become the state and the traditional state is forced to serve money’s interests. Everywhere the Financial Class is openly lording over sovereign nations. Ireland, Greece and Spain are subject to ultimatums and remember Hank Paulson’s $700 billion extortion from the U.S. Congress. The $700 billion was just the wedge. Thanks to unlimited access to the Discount Window, Quantitative Easing and other taxpayer funded debt-swap bailouts the total transfers to the financial industry exceeded $16 trillion as of July 2010 according to a Federal Reserve Audit. All of this was dumped on the taxpayer and it is still growing.

CONTINUED...

http://www.counterpunch.org/2012/10/24/the-dark-age-of-money/

Outstanding OP, Botany. Danny Casolaro died fighting the Octopus. The record shows DU was on his side.
who else is attacking Trump's prosecutors, and the man who convicted the rioters Trump pardoned, released bigtree Friday #1
Where are Merrick Garland and Lisa Monaco Today? gab13by13 Friday #2
Garland delayed in prosecuting Trump after GOP tried to delay his nomination for a huge loss of time. GreenWave Friday #4
Money, Power, Fascism -- The Octopus Kid Berwyn Friday #3
and the Supreme Court who not only enabled Trump back into office bigtree Friday #7
Garland did not stop the traitor nor his conspiracy. Kid Berwyn Friday #20
charges were brought some 17 months before the election bigtree Friday #22
In truth, it goes back to Dealey Plaza on 22 November 1963. Kid Berwyn Friday #24
The Berwyn Book Encyclopedia yellow dahlia Friday #64
The OCTOPUS in Dallas: Poppy involved in JFK Assassination Kid Berwyn 16 hrs ago #77
Thanks, Kid! yellow dahlia 16 hrs ago #78
Garland fell short for whatever reason and on that basis given the ramifications, was a colossal failure. Defending him KPN Friday #29
no, the courts fell short, then the American people followed bigtree Friday #36
Thanks for all the good information. Minds may not be changed, but facts will be out there. Joinfortmill Yesterday #68
This message was self-deleted by its author Joinfortmill Friday #40
Agreed. The moment he knew of stolen state secrets he should arrested him... returnee Friday #49
the courts failed us bigtree Friday #50
As I understand it... returnee Yesterday #66
counterpunch was basically a Russian tool during the 2016 election bigtree Friday #12
CounterPunch sucks most when they publish an article I don't agree with. Kid Berwyn Friday #21
Alisa Valdes-Rodriguez is doing her courageous part with the Epstein horrors on her substack. Bumbles Friday #5
If Merrick Garland is really "one of them" then why wasn't he approved for SCOTUS? FakeNoose Friday #6
As Is Your Prerogative. But Don't Think You KNOW Garland...... ColoringFool Friday #9
most people who pretend he's some double agent don't know anything about the actual prosecution bigtree Friday #11
What became of those prosecutions? CivicGrief Friday #30
instead of just being trifled with this bigtree Friday #35
Ha! Future prosecutions. CivicGrief Friday #41
what's sad is the literal surrender from people claiming to be so concerned with prosecuting Trump bigtree Friday #47
If Jack Smith ever comes forward and says that Merrick Garland is actually "corrupt" and "in with them" FakeNoose Friday #53
Garland hate guarantees clicks MorbidButterflyTat Friday #33
Republicans prevented Garland Mad_Machine76 Friday #62
That's because Garland is not (and never was) one of them FakeNoose 21 hrs ago #74
I HAVE SAID MOST OF THIS, EVEN BCCI. AND THEN THE "WOOO! TINHAT!" COMMENTS...... ColoringFool Friday #8
This message was self-deleted by its author bigtree Friday #10
To people like Thiel, Musk, and their employees manipulating the data to get their and the Powers That Be .. Botany Friday #13
Don't forget the bomb threats karin_sj Friday #52
I've been saying the same thing for years. Irish_Dem Friday #18
May I suggest lonely bird Friday #14
So glad that he prioritized avoiding the appearance of a political agenda Orrex Friday #15
This message was self-deleted by its author jfz9580m Yesterday #67
The Garland Society folks don't like this one bit. BannonsLiver Friday #16
Garland society folks are pro prosecution of Trump bigtree Friday #17
Bahahaha BannonsLiver Friday #25
no doubt the Anti-Trump Prosecution society exists bigtree Friday #37
Epstein class oligarchs irisblue Friday #19
😬 Floyd R. Turbo Friday #23
Bookmarking for later reading. Epstein-town? CoopersDad Friday #26
Maybe that's why it always seems like 1 step forward 2 steps back bucolic_frolic Friday #27
Well, one thing cannot be denied, Garland was an Obama SCOTUS choice. Joinfortmill Friday #28
True. My understanding was he selected Garland as someone the R Senate would surely approve -- part of his "team of KPN Friday #31
Great post/thread Botany, even if in small or even large part it is theory. Theory is what leads to finding facts and KPN Friday #32
All I know is, Trump never talks about Garland nor does he seek revenge against him thebigidea Friday #34
you have to be kidding bigtree Friday #38
I see you graduated to Trump Truth Social posts CivicGrief Friday #42
this is specious bigtree Friday #45
It's a false claim to imply Trump is going after Garland in the courts like he is everyone else thebigidea Friday #57
not yet bigtree Friday #59
It's possible that Donald is AFRAID of Garland, with good reason I might add. Joinfortmill Yesterday #70
Is "Thiswillhold" the QAnon of the left? chowder66 Friday #39
It is BlueAnon. It pushes CT crackpottery that repeatededly has been debunked, yet it persists. Celerity Friday #43
Yes. mr715 Friday #56
I love history. I love mysteries. I love taking things... littlemissmartypants Friday #44
Knowledge is good Botany Friday #46
This thing, I call it the evil of psychopaths, has existed for all time. ... littlemissmartypants Friday #48
by the way, the substack is conspiratorial claptrap bigtree Friday #51
It appears there is a good chance This Will Hold is actually Russian state sponsored disinformation Wiz Imp 21 hrs ago #76
It is difficult to have useful discussions of this type of material, because... TygrBright Friday #54
You mean we should be a.... reACTIONary Friday #65
Untangling the Octopus Kid Berwyn Friday #55
who is this new poster, and what expertise does he have for making these claims bigtree Friday #60
To help explain how Epstein was protected since Reagan. Kid Berwyn Yesterday #73
It's disgusting to see this kooky CT nonsense rise to the top of the Greatest Page Fiendish Thingy Friday #58
Every bit of it is sourced and footnoted. Hardly kooky conspiracy theory. Botany Yesterday #71
Thanks for sharing, Botany! That was an important read. It was jam packed. yellow dahlia Friday #61
This is why I have become a misanthrope. BigmanPigman Friday #63
Garland was blueknight73 Yesterday #69
a tragic mistake themaguffin 21 hrs ago #75
Well, there's this. It seems that Merrick Garland was NOT popular with the Federalist Society Joinfortmill Yesterday #72
Eaton Corporation LessAspin 14 hrs ago #79
And in 2021 Eaton bought Tripp Lite and that allowed the placement of firmware patches onto the Botany 2 hrs ago #80
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