We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Sunday, March 15, 2015

Feudalism, Fascism, Libertarianism and Economics

Click here to access the introduction of this new book, authored by Eric Zeusse, by the editor of Real-World Economics Review whose parent company is the publisher of the book.
Existing microeconomic theory is proven false by a now overwhelming body of empirical evidence. ....
.... The source of microeconomic theory is actually the need those aristocrats felt, to “justify” their wealth. That’s what produced this theory – the theory that’s now known to be false (but that remains helpful to today’s aristocrats and is thus still financed heavily by them).
Our historical account starts by describing the attempt by the DuPont brothers and other American aristocrats in 1933-34 to overthrow FDR and to replace him by a dictator patterned upon the neo-feudalists (“fascists”) Hitler and Mussolini.
Referred to here is the little known historical incident of the attempt to overthrow the US government by right-wing American capitalists (some funded the Nazi Party in Germany) using retired General Smedley Butler. This history has been widely suppressed by our masters so that few Americans are aware of it. You can learn the details in an excellent book by Jules Archer entitled The Plot to Seize the White House.