Howard Switzer
1 min readApr 21, 2024

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I think it is those trying to practice 'free enterprise' who should hate both capitalism and the capitalists. Capitalists control the capital. I think it is helpful to see it this way: Capitalism = (capital = money) + (ism = system) = money system. The central feature and source of awesome power for the capitalists is their debt based private global monetary system. Capitalism is a parasite on the back of free enterprise, the two are often and wrongly conflated. Every household, business and government in this world is in debt to and dependent on the banking system.

Nations need to reclaim their sovereign right to issue debt-free money, the most vital prerogative of democratic self-governance, and reclaim their resources for the general welfare of their people.

Any government that does not control its money is controlled by those who do and is an oligarchy, it cannot be a democracy. Money is power embodied in law and thus to claim democracy it must be made a public function.

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Howard Switzer
Howard Switzer

Written by Howard Switzer

Howard Switzer is an ecological architect and monetary reformer in rural Tennessee.

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