As we navigate the complexities of the financial world, this space will serve as our platform to share insights, discuss trends, and explore the policies shaping our economic landscape.
One thing that we know with certainty about our time is that no Western government represents the people it rules.
Western governments represent the interests of those whose campaign contributions elect the government. The government is simply purchased by campaign contributors. It is not a government in the sense of the word used by Thomas Jefferson and Albert Jay Nock. In the United States, the Supreme Court has legalized the purchase of the government by special interests who use government for their agendas. The Supreme Court actually ruled that it is a First Amendment right to purchase the government.
Elsewhere in the Western world it is even worse, because the governments must first represent Washington’s interest. As representing Washington seldom conforms to their interests, no Western government has the support of the people.
How can this be called democracy? It can’t.
Albert Jay Nock told us the truth of our situation in 1935 in the most important book describing the American political system that has ever been written. If you read and understand Nock’s book and read a couple of Charles Beard’s political histories of the US, you will have a very clear understanding why freedom in America is being extinguished.
Albert Jay Nock distinguishes between social power and state power. Social power is when people have power. Then you have government. State power is when the state has power. Then you have tyranny. The situation today is one in which government becomes privatized by powerful interests, including government agencies, to serve their agendas and is transformed into an unaccountable state.
For the record, and in the Western world, democracy is merely an exercise used to convince the people that they are in control. It all began with the replacement of popular sovereignty with the state. Today unthinking patriots support the state at the expense of country and popular sovereignty.
Originally, state power grew by handing out special favors to support the interests of those who gained control of the state. Today the situation has greatly worsened. The state is used to suppress those who object to the special interest agendas.
Where is accountability when free speech guaranteed by the US Constitution can be shut down by banks under pressure from the state?
It is a fact that the complete and total defeat of popular sovereignty has left Americans today living a life of increasing tyranny, in which they are forced to pay in reduced freedom, income and living standards for the riches of the favored few.
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