“Crony Capitalism” Is Fascist-Socialism

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4 years ago

When Milton Friedman said that the companies’ goal must be exclusively to generate profit (as long as they playing by the rules (meaning, they aren’t scammers)), illiterate people instantly accused him for being greedy, not caring about the nature, the planet, the poor people, etc., aka the usual propaganda.

His statement was the answer to the question whether or not a company should take responsibilities for the community, the society it is in, like “supporting poor people”, “giving charities” or organizing specific events out of the profit territory (because remember kids, profit is EVIL in our new, all-equal commie hellhole).

To understand the issue, we must examine what is the economical definition of profit, because many peoples’ understanding is that profit is simply “gaining money”.

But this is only one side of the coin.

Suppose you’re a scammer, like Jordan Belfort (I mention him many times simply because he’s famous), only, you’re doing it on a much greater scale, like George Soros.

Now what do you do?

You technically rob people by the means of lying. You gaining money without giving anything in exchange.

It is essentially a money transfer and nothing else.

The important thing is that no value has been created through the process, except that your victims now became a little bit more wiser, preventing further scams in their own lives (we call this “learning money” in Hungary).

Now take it to the extremes: you are the ultimate scammer of the world, there is no limit on how much people you can scam, so you transfer money from millions upon millions of people to your own bank account.

Suppose you scammed an entire country, and you wiped off everybody’s bank account, but let’s suppose you live in the same country. People are bankrupted, the economy has been destroyed, nobody produces anything, essentially the whole country is just a big BLM / Antifa protest now.

So you have a big pile of money, only, you cannot buy anything with it, so at the end, you successfully scammed yourself.

This is because money consists of two things: the body of it, and the goods and services you can buy with it, in other words: its buying power.

Having said that, what profit can you have when you destroyed the buying power of the money you scammed out of the people? Can having a huge pile of colorful papers be considered as “profit”?

I don’t think so.

So what is profit?

Profit is having the “complete” money, meaning, its body and also its buying power (which emerges from our social law, which many so called “economist” and self-proclaimed “economist” busily ignoring).

This means you can’t have real profit by scamming the people, only when you provide values in exchange for values. You help me, I help you, because two working guy can achieve more than twice as much as one. This is how the economy works in a nutshell.

Now of course the ultimate scammers of this planet are the politicians, and this alone is the reason why they constantly have to print money: because the buying power of money is just constantly has been damaged by them over and over. The economical fallout due to this covid-scam is a fine example of this.

Tell this to anybody who thinks that politicians are useful, and the economy is “more complicated than that”.

It isn’t. They just pretend that it’s complicated to scare you away from learning it, and if you try, you going to face the government’s “Keynesian”, shaman-economics, which is really more complicated than anything, simply because it’s a scam.

Again, you don’t generate profit while you destroy the buying power of your own money. You just collect colorful papers. This isn’t profit. So the only way to go forward is to generate value through the process, to produce something for which the people pay for you voluntarily. This way, you collect the body of money (colorful papers), and you also collect the buying power of it.

The reason why so many people have hard time to understand the money concept is because they ignore the idea of buying power. It is because they can only touch the buying power when they exchange money for goods and services, but not before, thus their mind is in the “can’t see, doesn’t exist” mode.

But it is more than obvious that buying power exists, otherwise nothing what the humans make could exist around you.

Now what is crony capitalism?

They say crony capitalism is when the CEO bribes politicians to fuel himself by tax money (which appears to be free money to him), simply because this is one way to gain more profit. But as we said, this is money transfer, so it hurts money, therefore it isn’t profit (or at least, not on the long term).

Has value been generated through the money exchange? No? Then it’s robbery, not capitalism.

Is the whole thing voluntarily? No? Then the same holds true.

You don’t really generate profit when you accept tax money. You cannot hurt money for profit, because it is like saying you have to wreck your car to make it better. It is insane.

Therefore those companies whose goal exclusively is to generate profit are the only companies who helping to the economy. Those who offering free stuff by the means of charity are damaging themselves, thus their profit making ability, therefore at the end, the economy. Why would you give money to charities when you can make more money with that money which going to help everybody on a level when you inject it into the economy?

I mean what can be a bigger charity than producing buying power?

The answer is: nothing.

By making new goods and services (or making the same in new places where they don’t existed before), you upgrade the money, because that money now can buy more things, thanks to you. This is what we refer to when we say “you making money”. In reality, you make the buying power of money.

And guess what? How many people have money in their pockets? Well, almost all of them. And you just upgraded their money with them having nothing to do with it. They didn’t help you, yet, you helped them, since they can now use another goods and services, thanks to you.

Charity - compared to this - is an amateur approach.

So there is no such thing as “crony capitalism”. That is socialism, because it’s a mandatory money transfer without creating value.

But it’s still not the whole truth.

Have you ever wondered why already successful people need government (tax payer) founding? I mean, why would already billionaire companies need free money, like Google, Twitter and Facebook? They are on the top already. And it is not as if they can’t make more money on their own.

Now let’s get back to the profit making business-approach for a moment.

If you create a social platform like Twitter for profit, your goal is to have there as much people as possible. You want them to have conversation with each other, and it absolutely doesn’t matter what kind of conversation is that. You just want people to talk on your platform about anything. This will attract companies who can advertise through your platform, thus you going to gain profit.

The more the people, the more the profit.

So what is the point of censoring or banning them in your platform? You make them to stop having conversations, thus you loosing money.

Having said that, Twitter’s goal is not purely to make profit, and we explained why it is a bad thing.

Banning somebody is an important feature on a platform. But it has to be executed by individuals, not by the company. If you don’t like what somebody says, you can ban him or her from your account, so YOU don’t see him or her anymore. But what if others are still want to see it? Nothing. It is their business.

Suppose there is a group on Twitter which is openly advocating ritual sacrifice.

If you ban them, you just simply not going to see what they’re doing, but they going to do it anyway.

On the other hand, if you let them to do whatever they want to do in your platform, you expose them to the whole world, so the world has a chance to take them down.

This is why censorship is meaningless.

Are they Nazis? Good. See, there are a bunch of Nazis, and you can check who’s with them, and therefore you can avoid them and / or attack them. But silencing them only makes them hidden from the public view, which is a bad thing, since you don’t want Nazis to lurk around you without you knowing it.

So it is not just bad in terms of profit, but also bad in regards to the society we live in.

Do you really think that such an intelligent person like the CEO of the Twitter who made such a giant company, can’t figure this on his own already? It is not me who has to explain this to him. He already knows it.

So why he’s doing it?

Now back to the track: why an already billionaire company would need free (tax) money? It is because they are that greedy, right? It is “easy” money.

Well, no. As we said, this way they damaging the economy, thus their own money. And they are pretty awesome in making money, so they don’t need anything for free. It is entirely the unskilled slackers who constantly need free money, not the millionaire and billionaire entrepreneurs.

So what really happens is that it is the government who blackmails the company when they reach a certain amount of power (influence).

Think about it: government takes money from the people by force, giving nothing in exchange but the illusion if civility.

On the other hand, companies producing stuff for which the people pay voluntarily, because that good or service is just awesome.

So companies and the government are two completely opposite things. In fact, they are each others enemies. The more buying power you have, the less you need “free stuff” from the government, so the government becoming more and more “obsolete”. And this is exactly why the government are trying to stop the company.

It does it by offering the company an ultimatum: you either work for us, or we drive you out of business.

And they can do it, because they are the lawmakers.

Companies don’t need governments, but governments need companies to stop being free. They need you to need them.

So essentially governments are gaining control over the company by blackmailing them, thus they don’t have to be afraid of them anymore.

The biggest mistake these entrepreneurs making is that they let this to happen. Except in the Atlas Shrugged novel, they hardly do anything against politicians. This is because they are businessmen, and not some kind of freedom fighters. They don’t have the intention, nor the guts to do it. They just enjoying their money, and surrender to the forces of government when the time is coming.

The other big problem they face is that the public aren’t on their side. Criminals like AOC, Sanders and all the communists are doing everything to make you believe that rich people are greedy robbers, Christianity helps you to understand that they going to the hell anyway, and the Greenpeace explain to you that they destroying the planet completely, whereas nothing can be more greedy than who asks for money which isn’t theirs, poor people are already in the hell of poverty on Earth, and nothing can be more polluting than the cheap Chinese garbage the world’s poor people buy which ends up in the trash days after.

Who would stand up for them in these circumstances? That’s why Ragnar Danneskjold in Ayn Rand’s novel described himself as the friend of the friendless.

Sad, very sad, bud true.

I often wonder if the world ends before the people realize that capitalism is the one and only way to live, and rich people are their biggest friends, instead of their biggest enemies as the scammers claim. Because believe it or not, our entire future as human species are depending on this simple realization.

If the government control the companies by force, this is called fascist-socialism. This is exactly what Hitler did in his time, using the very same methods as the politicians nowadays.

Thomas E. Woods: Hitler’s Economics:

It is so sad that even bright-minded people like Yaron Brook who openly advocates Ayn Rand’s ideas are fail to notice this. He says Twitter has a right to do anything on his platform, because it owns it.

Well, if they are fueled by tax money, then Twitter isn’t really owns itself. It is more likely YOU who have a share of the company, like it or not.

Again, a capitalist doesn’t want to censor his own platform. And what Twitter does is that it let anybody to talk about killing police, being a pedophile, being racist against white people, looting and killing, if they’re Antifa or BLM members. So their censorship is highly selective.

This creature has more than 100k followers and probably never going to be suspended ever, despite the craziness he or she advocates.

Check this article for similar things.

The other insanity is when they say the owner has the right to require its customers to wear masks.

Sure, except if he says you can enter without masks, his shop going to be closed tomorrow, probably forever, by the very same fascist-socialist methods.

https://www.rt.com/op-ed/492340-football-politics-blm-mix/

Think about how many people consider BLM as an aggressive Marxist, anti-Trump, anti-capitalist organization. Apart from corrupt politicians (all of them) and rotten rulers, conservatives are the wealthiest people of the planet. And they are those who not going to buy Lo’real products anymore. As a “for profit” capitalist, do you think this is the proper way to raise your gains?

Isn’t so interesting that these companies doing nothing when taxes are rising, for instance?

Someone should tell them that Trump supporters also use tires. And probably the more expensive ones.

Oh wait, looks like somebody already told them:

https://www.redstate.com/jeffc/2020/08/19/here%E2%80%99s-how-goodyear-responded-to-backlash-over-anti-conservative-bias/

But there are many, many more:

https://conservativeus.com/the-full-list-here-are-the-269-companies-who-are-supporting-blm-antifa-riots/

So what do you think why companies doing things which causes them losses?

Simply because they forced to do it!

Do you think productive companies support looting, killing, and Marxist ideas which eventually leads to the collapse of the economy, thus their businesses, as it happened always, without exception through the history of communism?

Someone build a huge company, then risking it entirely by supporting people who are completely out of their mind, and who are the puppets of some shady powerful people behind the scenes?

Well, yes, because the company ALSO the puppet of the same shady people. It is either you do it, or we collapsing your business. And if you do it, your business going to collapse on the long run anyway.

But as Keynes said, on the long run we are all dead, so who cares?

These companies are fueled by tax money (your money) as long as possible, then they going to collapse with the economy, and this is exactly what fascist-socialism is.

Yet, some people still think that communism and fascism are two opposite things.

So at the end of the day, companies are really should care about profit, and profit only, otherwise they should be considered as corrupt, evil institutions in the hands of corrupt, evil people.

Funny how the people think the complete opposite, right?

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