Howard Switzer
1 min readOct 6, 2022

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Yes, I think climate change could be the issue that kills the parasite that is capitalism. The SOED definition is better than the conventional one but I define capitalism this way.

(capital = money) + (ism = system) = capitalism = money system. The central feature and source of awesome power for capitalism is the debt based private global monetary system we have been made dependent on.

Capitalism is a parasite on the back of free enterprise, the two are often and wrongly conflated. Nearly every household, business and government in this world is in debt to and dependent on the banking system. The bankers learned long ago that their most profitable investment was in government.

We know this is true because we know that from 2009 to 2014, the 200 most politically active corporations in the U.S., all controlled by the banks, spent $5.8 billion influencing our government with lobbying and campaign contributions. Those same companies got $4.4 trillion in taxpayer support – a 750% return on their investment.

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.

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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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