The Great Conflation: Fascism is not Capitalism

I have been an activist for several years and have most recently spent my time at Occupy Los Angeles at LA City Hall. Once more, I ran into the same wall that still divides leftists/socialists/anarcho-communists from libertarians and free market anarchists; that contemporary leftist ideology conflates fascism with capitalism. I will define those terms in the next paragraph.

I first must say though, that this situation is particularly saddening to me as I grew up in a house in which the individuals I can comfortably say self-identified as Democrats. I myself voted for Barack Obama because I (wrongly) believed he would end the wars in Afghanistan and Iraq and bring the troops home. Nevertheless, I find much to like about the left can and often times relate much better to those individuals. However, my experience over the last few years has brought me to writing this article, since I feel so strongly that this is the last remaining obstacle in leftists’ way to becoming full-fledged advocates of the voluntary society.

In February 1965, former French President, General De Gaulle, predicted the monetary crisis the USA has brought to the world today. He then, asked for a return to an International Gold Standard. 1:52 video

By Michael McKay, Host

www.RadioFreeMarket.com

In case you missed it, on July 21^st 2011 the U.S. Government Accountability Office (GAO) released a 266 page partial audit of the Federal Reserve (FED).

Here is the punch line: The Federal Reserve secretly kept the Phony-Fiat-Money-System afloat by “lending” out $16 Trillion Dollars to various corporations and banks, many of which were foreign, non-U.S. entities like The Bank of Scotland, UBS (Switzerland), Deutche Bank (Germany) and Societe Generale SA (France) between December 1, 2007 through July 21, 2010 (read this as: Created-Out-Of-Thin-Air and had refused to tell us). The details are on page 131 which you can read here.

Radio Free Market is proud to present and recommend the Excellent Mind and ACID PEN of Mr Andy Duncan, self described British Rothbardian Heretic Providing Random Misesian Blipverts, Podcasts and Commentary whose blog is here.

This is a lecture on Reality Economics, Peaceful Cooperation and the Peace, Prosperity and Freedom Formula, delivered by Michael J. McKay, Radio Free Market founder and host, to the Introduction to Austrian Economics class at the University of Iowa.

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Suppose that we were supplied with groceries in same way that we are supplied with K-12 education.

Residents of each county would pay taxes on their properties.  A huge chunk of these tax receipts would then be spent by government officials on building and operating supermarkets.  County residents, depending upon their specific residential addresses, would be assigned to a particular supermarket.  Each family could then get its weekly allotment of groceries for “free.”  (Department of Supermarket officials would no doubt be charged with the responsibility for determining the amounts and kinds of groceries that families of different types and sizes are entitled to receive.)

Except in rare circumstances, no family would be allowed to patronize a “public” supermarket outside of its district.

By Dr. Yuri Maltsev

Carthage College

Paper delivered to the Austrian Scholars Conference March 12, 2011, Ludwig von Mises Institute Auburn, Alabama.

“If we wish to save the world from barbarism we have to refute socialism, but we cannot thrust it carelessly aside”, - Ludwig von Mises

Good Morning Ladies and Gentlemen.

My Name is Michael McKay and I have the privilege of delivering this paper by Dr Yuri Maltsev titled “Unbreakable Union: Lessons Learned from the Demise of the Soviet Union.”

Why did Dr. Maltsev choose this title?

This important essay was written by Radio Free Market Special Commentator and Guest Host, Mr Aaron Brown.
I highly recommend you share it with everyone you care about.
MM

The Muddled Economics of Ellen Brown and the Greenbackers

by Aaron Brown

 Ever since 2008 and the explosion of public interest in the Federal Reserve and monetarysystem, I have kept track (in my noggin) of different ideological and theoretical objections to the Fed. One of the most common objections I have seen to the Fed is that it is private, as if the so-called privacy of the Fed is what makes it such a destabilizing and evil institution; those individuals who hold this point of view more often than not are in favor of public control over money as a remedy to the "private" Federal Reserve. If you are one of those who are of this mind, that the Fed is private and that it is this characteristic that makes it so insidious, I have news for you- the Fed is not private. It is a creature of government through and through^[1].

It was December 25, 1914, only 5 months into World War I. German, British, and French soldiers, already sick and tired of the senseless killing, disobeyed their superiors and fraternized with "the enemy" along two-thirds of the Western Front (a crime punishable by death in times of war). German troops held Christmas trees up out of the trenches with signs, "Merry Christmas."

"You no shoot, we no shoot." Thousands of troops streamed across a no-man's land strewn with rotting corpses. They sang Christmas carols, exchanged photographs of loved ones back home, shared rations, played football, even roasted some pigs. Soldiers embraced men they had been trying to kill a few short hours before. They agreed to warn each other if the top brass forced them to fire their weapons, and to aim high.

A shudder ran through the high command on either side. Here was disaster in the making: soldiers declaring their brotherhood with each other and refusing to fight. Generals on both sides declared this spontaneous peacemaking to be treasonous and subject to court martial. By March 1915 the fraternization movement had been eradicated and the killing machine put back in full operation. By the time of the armistice in 1918, fifteen million would be slaughtered.

by Eric Margolis

December 21, 2010

After nine years of war in Afghanistan, costing over $100 billion in taxpayer money and 700 American lives, the full truth about this murky conflict remains elusive.

The government and media have colluded to paint the picture of a noble, patriotic, heroic, flag-waving American crusade in Afghanistan that is, alas, very far from reality. As the 19^th century cynic Ambrose Bierce pointedly observed of patriots – "the dupe of statesmen; the tool of conquerors."

And now we are being told by senior administration officials that al-Qaida’s new base and center of activity is…wait for it…in Yemen!

If that’s the case, why are 150,000 US and dragooned NATO troops still in Afghanistan?