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The Persistent Blind Spot

Howard Switzer
7 min readApr 8

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Throughout history that minority of people who have spoken up about how capitalist power is derived have been ignored, pushed aside, called cranks or worse, in some cases much worse. It doesn’t matter if they are academics, government, professionals, businessmen, artists, or journalists, if they dare criticize capitalism effectively, they can be canceled. This fact alone should convince everyone that capitalism is indeed the problem.

I was inspired to write this by an excellent article from one of those journalists they’ve tried to cancel, award winning Chris Hedges titled, Reclaiming the US. Read it. Chris expertly exposes that capitalism dominates the ownership of the means of production, exploits earth’s resources and labor, concentrates wealth, creates inequity, drives destructive growth, predatory competition, deploys an array of distractions from the central issue and more. But these are all things capitalism does …so what IS capitalism? What does the word literally mean?

I like to put it this way, capitalism = (capital = money) + (ism = system) = money system. The central feature and source of awesome power which emerged coincidently with “capitalism,” is the debt based private global monetary system they own and operate through the global banking system in order to maximize profit and the power to control. As Henry Kissinger said, “…control the money and you can control the entire world.” It’s a fact seldom mentioned and yet money is a key factor throughout Chris’s article, hiding in plane site.

Chris writes, Capitalism, as Karl Marx understood, is a revolutionary force. It is endemically unstable. It exploits human beings and the natural world until exhaustion or collapse. That is its nature.”

I agree, it is a revolution, a centripetal revolution, violently concentrating wealth and power to the center like a hurricane. As we see fewer and fewer corporations dominating the market and fewer and fewer banks with each “crisis.” Crises that the bankers can easily create simply by stopping lending.

What we propose is a centrifugal system, a revolution that distributes wealth and power outwardly and broadly. These three reforms that have been proposed since the 30s:

  1. Require Congress to be the sole creator of all U.S. money debt-free;

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Howard Switzer

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