Yes, it is capitalism and we know what it does but what is it? It emerged in the 1600s. It is the privately controlled money system. Capitalism = (capital = money) + (ism = system) = money system. The central feature and source of awesome power for capitalism is their debt based private global monetary system. Capitalism is a debt 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 or 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 for US to claim democracy it must be made a public function in order to fulfill its Constitutional mandate as articulated in the Preamble. Join us at monetaryalliance.org