Foreword

Introduction

Part I Plunder by Trade

1. The Exponential Advantage of High-Paid Labor Trading with Low-Paid Labor

• Wealth Accumulation Expands or Contracts Exponentially with the Differential in Pay
• Underpay through Unequal Currency Values
• Purchasing Power Parity, a Strategy of Deception
• Periphery of Empire Finances the Imperial Centers
• Former Colonies do not have Economic Freedom

2. The History of Plunder by Trade

• Today’s Plunder by Trade Originated Centuries Ago
• From Imperial Cities to Nascent Imperial Nations
• The Advantage of Cheap Water Transportation
• Creating Empires through Control of Trade

3. In Both Internal Trade and World Trade, the Unwitting Hand Their Wealth to the Cunning

• America’s Freedom is based on Economic Freedom
• Friedrich List Wrote His Classic Observing America’s Industrialization
• America Takes Over the Protection of Empire
• Protection for the Imperial Centers, Free Trade for the Periphery of Empire

4. The Historical Struggle for Dominance in World Trade

• Unequal Trades Enriching Britain and Impoverishing India
• Extending Unequal Trades to China

5. World Wars: Deciding Who Controls World Trade

• Germany and World War II
• Japan’s Greater East Asia Co-Prosperity Sphere and World War II
• America Protecting the Imperial Centers

6. They Who Write History Control History

• The CIA’s Mighty Wurlitzer Inoculated the World against Philosophies of Full and equal rights
• Controlling Nations on the Periphery of Empire
• NSC-68, the Master Plan for the Cold War
• Corporate Funded Think Tanks Building upon the Beliefs Created by the CIA
• McCarthyism Suppressing Honest Thought
• Corporate News Media Protecting Corporate Interests
• Destabilizing Internal Political Groups
• Writing History to Protect Wealth and Power
• “National Security” and the “National Interest”
• Professors and Intellectuals are Conscientious and Sincere
• Providing a Beacon for Intellectuals Throughout the World
• Who are the Powerful?
• Who are the Violent and Powerful?
• Damage Control

7. The World Breaking Free Frightened the Security Councils of Every Western Nation

• A Crisis of Overproduction had to be averted
• Fabricating Incidents to Start Wars
• National Security Council Directive 68, Master Plan for the Cold War, Was a Strategy of Tension
• The Korean War, a Strategy of Tension to Attain Backing and Financing for the Cold War
• Peace in Korea Could Not be Permitted
• Containing the Soviet Federation
• World War II’s Huge Costs for the Soviet Federation
• Fictional Missile Gaps were Strategies of Tension
• The Massive Resources of the Soviet Federation and the More Massive and Cheaper Resources of the West
• Efficiencies and inefficiencies in Soviet Planning
• Containing the Soviet Federation through forcing it to Waste its Industrial Production
• Destabilizing Eastern Europe and the Soviet Union
• Now it was Yugoslavia’s Turn to be Destabilized
• Now it was Bosnia-Herzegovina’s Turn
• Then it was Kosovo’s Turn
• Making a Deal with the Corrupt of Russia
• The First Destabilization of Afghanistan was Aimed at the Soviet Federation
• The Decision to Restructure to a Market Economy was made by
• Soviet Intellectuals
• Could the Soviet Union have Avoided the Cold War?
• Imperial, Representative, Participatory and Direct Democracies
• The Essence of the Cold War: Perception Management (Propaganda)
• Encasing Society within a Belief System
• Conceptually Reversing the Process
• Keeping the World in Chains

8. Suppressing the World’s Breaks for Freedom

• America as an Empire Predates the Cold War
• Iran Breaks Free
• Containing Iraq
• Economic Freedom for Indonesia was a Big Threat
• Nigeria Did Not Break Free
• Vietnam Gained Political, but not Economic, Freedom
• Guatemala Broke Free Briefly
• Chile Broke Free Very Briefly
• El Salvador Did Not Gain Even its Political Freedom
• Nicaragua Never Attained Economic Freedom
• Southern Africa’s Frontline States
• The Libyan Threat
• Cuba: Almost Free and May Yet Succeed
• Orchestration of Death Squads and Writing History
• Future Leaders of Nations Picked and Trained
• Erasing the Records Writes History
• The Battle for Trade Supremacy Continues

9. Creating Enemies for the Masses Locks Society within a Belief System

• The Inquisitions of the Middle Ages
• The Spanish Inquisition
• The Inquisitorial Suppression of the Templars
• Winding Down the Inquisitions of the Middle Ages
• The Inquisitorial Suppression of the Illuminati
• Czarist Secret Police Demonize the Jews
• The World Starts Breaking Free From Imperial Centers

Part II. Capital Destroying Capital

10. The Enforcers of Unequal Trades

• The Greatest Peacetime Transfer of Wealth in History
• The Purpose of IMF-World Bank Loans to the Periphery of Empire
• Friedrich List Supports for the Developed World, Adam Smith Structural Adjustments for the Developing World
• The Privatization of the Commons of other Societies

11. Corporate Imperialism

• The Legal Structure for Corporate Imperialism
• Thinking in terms of Units of Production

12. Impoverishing Labor & Eventually Capital

• Power Relationships are Shifting Fast
• Corporate Welfare

13. Unequal Trades in Agriculture

• Hunger is also Determined by Who Controls the Land
• The Market Economy Guides the World’s Production to Imperial
• Centers of Capital
• Beef: “A Protein Factory in Reverse”
• Conceptually Reversing the Process of Free Food
• From Globalized Economies to Local Economies

14. Developing World Loans, Capital Flight, Debt Traps, and Unjust Debt

• Controlling Puppets of the Imperial Centers
• Economic Warfare and Financial Warfare
• The World’s Poor are Subsidizing the Rich
• Building the Infrastructure to Transfer Natural Wealth to the Imperial Centers
• Debt Traps: Loaning Excess Accumulations of Capital Back to the
• Producers of that Wealth
• Peonage has only changed its Name
• Lending Responsibly, a Well-Recognized Tenet of Law
• Canceling Unjustly Incurred Debts

15. The Economic Multiplier, Horizontal and Vertical Expansion of Wealth

• Friedrich List’s Fundamental Thesis
• Gaining Wealth through the Vertical Building of Industrial Capital and the Horizontal Flow of Money
• Accumulation of Capital through Creation of Scarcity
• Invisible Economic Borders Channeling Wealth to the Imperial Centers

16. Japan’s Post-World War II Defensive, Mercantilist, Economic Warfare Plan

• The American-Japanese-China-Oil Exporting Nations Debt-Equity Embrace
• Care for Another’s Economy is Only Between Allies
• Much Japanese Industry has been Forced Offshore
• It is far from Free Trade wherever One Looks

17. Asian Development, an Accident of History

• Will Developing Nations Oppose, or Ally With, the Imperial Centers?

18. Capital Destroying Capital

• Failure to Expand Buying Power to Keep Factories Running is Economic Insanity
• Under Monopoly Capitalism, Industries Build Quickly but Markets Only Slowly Expanding Buying Power in Step with Increased Industrial Capacity
• The Monopoly Hold on Technology and Markets Is Weakening
• Competitive Sharing will Lower Prices and Raise Living Standards

19. China: A New Hope for the World

• Four Powerful Economic Weapons Available for Developing World Use
• Developing World Regional Trading Blocs to Attain Equal Negotiating Power

Part III, Monetary Theory

The Potential of an Economic Collapse

The Ease With Which it can be Halted

Introduction, Part III, Monetary Theory

• Monopoly Capitalism’s Exclusive Property Rights Versus Inclusive Equal Property Rights

20. A Modern Banking Commons, Citizens Paying Banking Profits to

• Themselves
• From Barter to Commodity Money
• From Commodity Money to Coins of Precious Metal
• From Gold, to Gold-Backed Paper Money, to Fiat Paper Money
• Paper Money, to Checkbook Money, to Electronic Money
• Credit or Trust Money
• The Different Meanings of Money
• Money is a Contract Against Another Person’s Labor
• Money Productively Contracting Labor
• Money Unproductively Contracting Labor
• Learning the Secret of Bank-Created Money
• Base Money Circulating is the Money Supply
• Further Testing the Assertions that, Under Modern Fractional Reserve Banking, Private Banks Create Money
• The Fed’s Open Market Operations hide the Simplicity of Money Creation
• Finance Capital is Comprised of Created Money, Resource Rents, Bank
• Profits, and Savings
• A Money Commons:
• The Theory of Interest as Usury

21. A Modern Land Commons, Citizens Paying Resource Rents to themselves

• Land is Social Wealth
• Pride in Ownership Must be Maintained
• The Feudal Origins of Land Titles
• Private Ownership of Social Wealth Moves to America
• Saleable Land Titles Permitted the Mobilization of Capital
• Profound Thinkers Who Believed in Society Collecting Resource Rent
• Commercial Land
• Farm Land
• Home Sites
• When Citizens Pay Resource Rents to Themselves, Taxes Disappear

22. A Modern Technology Commons, Consumers Saving Fifty Percent

• Capital Destroying Capital
• Labor Should Employ Capital
• Efficient Socially-Owned Capital
• Efficient Privately-Owned Capital
• Fictitious Capital
• Invention, a Social Process
• Capitalizing Actual and Fictitious Values
• Royalty Conferring Monopoly Trading Rights is the Origin of Patent Royalties
• The Ever-Increasing Efficiencies of Technology
• A Nation’s Wealth is Measured by, and Siphoned to Titleholders Through, Capitalized Values
• The Financial Structure to Harvest the Profits of Monopolized Patents
• Market Bubbles and Crashes
• Options, Futures, other Derivatives, and Hedge Funds are Gambling Chips in a Worldwide Casino
• Bringing the World’s Markets under Control
• Restructuring Patent Laws is a Key to Efficient Economies

23. Secondary Monopolies Disappear under Full and Equal Rights

• Insurance:
• Law:
• Health Care
• Welfare:
• Agriculture, a Summary of Chapter 13

24. A Modern Information Commons, Education at 5-to-15% Today’s Costs

• Communications Superhighways Will Eliminate Monopolization
• Communication Superhighways Eliminates Intermediaries and Reduces Trading Costs
• Big-ticket, Infrequently-Purchased Items
• Inexpensive, Small, Frequently-Traded Items
• Shopping as a Social Event Entails a Cost
• Reserving TV Time for New Products
• Music, Sports, Movies, and Game Shows
• Investment and Job Opportunities
• Education
• Inspired Teachers for Every Student
• Parents Interacting Closely with Their Children’s Education
• Better Institutions for Socialization
• Maintaining Curiosity, Creativity, and Love of Learning
• Once Borderline Teachable Graduating at the Top of Their Class
• Culture and Recreational Learning
• Minority Cultures
• Foreign Cultures
• Local Television
• Elections
• A Socially-Owned Banking System Paying for Communication Superhighways

25. Capitalism’s Powerful Economic Engine: The Smaller, Mightier, Engine of Full and Equal Rights

26. Summary

27. Conclusion: Full and Equal Rights Creating World Peace and Prosperity

Appendix I: Myths in Monetary Theory

Appendix II: A Practical Approach for Developing Nations & Regions

About the Author

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