Foreword

Introduction

Part I Plunder by Trade

1. Capital Accumulation through High-Paid Labor Trading with Low-Paid Labor

• 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, a Strategy of Tension
• The Korean War, a Strategy of Tension
• 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
• Errors 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 Democracies, Representative Democracies, Participatory Democracies, Direct Democracies
• The Essence of the Cold War: Propaganda Encasing Society within a Belief System
• Conceptually Reversing the Process
• Keeping the World in Chains

8. Summary of 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

• Meltdown on the Periphery of Empire as the Center Holds
• Bond and Currency Markets lowering Living standards for the Politically Weak
• Corporate Welfare

13. Unequal Trades in Agriculture

• Hunger is 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
• The Periphery of Empire is a Huge Plantation Providing Food and Resources to the Imperial Center

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, Accumulating Capital through Capitalizing Values of Externally Produced 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
• Capitalizing Values through Underpaying the Weak on the Periphery of Empire

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

• The American/Japanese 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. Southeast 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
• Industries can be built 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. 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 The Potential of an Economic Collapse: The Ease with which it can be Halted

Introduction, Part III

• Monopoly Capitalism’s Rule of Law vs Henry George’s Rule of Law

20. Henry George’s Rule of Law: A Modern Money Commons

• 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 Computer 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
• Primary-created money and Circulating Money
• Testing the Assertions that, under Required Reserves, Private Banks Create Money
• The Fed’s Open Market Operations hide the Simplicity of Money Creation
• Accumulation of Capital under Henry George’s Inclusive Rule of Law
• A Money Commons:
• The Theory of Interest as Usury

21. Henry George’s Rule of Law: a Modern Land Commons

• 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
• If Society Collected Resource rents, other Taxes could be Eliminated

22. Henry George’s Rule of Law: A Modern Technology Commons

• Labor should employ Capital
• Efficient Socially-Owned Capital
• Efficient Privately-Owned Capital
• Fictitious Capital
• Invention, a Social Process
• Capitalizing Actual and Fictitious Values
• 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 Subtly-Monopolized Patents
• Market Bubbles and Crashes
• Options, Futures, and other Derivatives are Gambling Chips in a Worldwide Casino
• Bringing the World’s Markets under Control
• Restructuring Patent Laws

23. Secondary Monopolies Disappear under Henry George’s Rule of Law

• Insurance
• Law
• Health Care

24. Henry George’s Rule of Law: A Modern Information Commons

• Efficient, cheap, Communications may Eliminate Monopolization
• Communication 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 WiFi

25. Capitalism’s Mighty Economic Engine: Henry George’s Twice as Powerful Engine

26. Summary

27. Conclusion: Henry George’s Rule of Law Creating World Peace and Prosperity

Appendix I: Myths in Monetary Theory

Appendix II: A Practical Approach for Developing Poor Nations & Regions

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