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America's Vision: National Capitalism

Politics / US Politics Jul 28, 2010 - 02:24 AM

By: Alex_Wallenwein

Politics

Best Financial Markets Analysis ArticleNational Capitalism Is the Answer to International (and National) Socialism, International (Fiat) Capitalism and Any Other Form of Collectivist Mayhem

America has fought national socialism in WWII and international socialism during the Cold War. Right now, we are involved (or were involved by those who pretend to lead us) in a form of international pseudo-capitalism (essentially a form of super-socialism) generally known as "globalism". All of these economic formations are destructive of individual liberty, individual property rights, and national sovereignty - not to mention a sound currency and a solid and long term-viable financial system.


"National Capitalism" is the answer to all of these. It combines true capitalism based on sound money (not debt) and individual (not corporate) property right with a drive to restore the national sovereignty of the United States (by disentangling them from all forms of foreign interventionism), all led by a resurgence of American focus on individual liberty and property rights. In short, it's the vision of the Founders, expressed in modern language.

"Capitalism" signifies the idea that property must always remain in private hands. Thus, all forms of nationalization or collective ownership are rejected as out of hand. The word "national" stands in contradistinction to "international." International socialism was the nightmare of the Russian October Revolution. National socialism brought us the nightmare of Hitler's Germany.

The worst parts of of national socialism and international(ist) capitalism are "socialism" and "internationalism". The word "national" by itself is benign. It only got a bad name when it was associated with "socialism" under Hitler's tyrannical socialist rule. Capitalism, in its true and non-corporatist, non-internationalist form, is also benign. What is to be rejected is internationalism (loss of national sovereignty) and socialism (loss of individual liberty and property rights).

To be even more precise, the word "Individual" should be included in the name because the emphasis is on individual, non-corporate property rights. Corporations must have no greater property rights than individuals. Corporatism is a form of bastardized (socialized) pseudo-capitalism. Corporations exist and act as collectives. By calling corporate-owned property "private" property, the biggest switch-and-bait in human history was allowed to occur. The concept of privacy must only be applied to individual human beings; and nothing else, or else people will stay confused and the same form of perversion of the Founders' vision will occur again - and again.

Naturally, corporations must be allowed to exist and to be formed and re-formed, but the rights of the individual must beheld as sacrosanct and inviolable, and must be protected by law from the undermining and destructive effects of mis-labeling corporate property as "private". Individual, free men and women have the unquestioned right to form any organization or association they deem just and right, but the product of their designs must not be given superior rights under the law.

This means, for example, that a corporation must not be allowed to pollute a neighborhood just because it provides jobs and "economic opportunity" and therefore could arguably be deemed to further the "public interest" more than an individual could.. As long as a corporation is treated in law like any individual and is subject to the same restrictions as those imposed on individuals by the common law, it can do whatever its leaders and shareholders decide - but no more than that.

Corporations must not be allowed to aggregate political donations in order to achieve pre-eminence in influencing political decisions (i.e., the law-making process).
All forms of corporate and industry lobbies must be outlawed. All forms of so-called "private" (in name only) special-interest lobbies must also be outlawed because what they bring about is nothing short of a form of legislative collectivism. They cause legislation to be tailored to the needs of groups, not individuals, and they inevitably promote group rights over individual rights.. Like corporations, groups must not have superior rights to individuals. Once individuals' equal rights are properly guaranteed, resort to "group activism" is no longer necessary and ends up beign counter-productive.
At the same time, no individual must be allowed to claim or achieve greater rights than any other individual, either. That would only beget the counter-force of collective bargaining drives and special-interest lobbying to "even the score".
Collectivism, in all of its forms, is the enemy.

At the level of nations, "nationalism" (whenever uninfected with any form of collectivism) is the equvalent to individualism. No nation has a greater right than any other. Every country has the unquestioned right to self defense, but NO country has the right to attack or invade any other. When power-hungry individuals in the US no longer have the ability to marshall their control over corporate power (via control of corporations that can lobby for special rights or concessions from government) and when government officials are hobbled in their power-lust by an inability to legislate away the rights of regular individuals, war-making will subside because then the increased costs of waging unjust offensive war will outweigh any potential benefits.

Offensive war only benefits elite groups and corporations - never individuals!

Defensive war does benefit individuals. It keeps them free.

When money can no longer be printed or borrowed in unlimited amounts to finance warfare, warfare will be limited. As long as gold and silver are allowed to freely compete with state-created or state-supported fiat currency, overprinting/over-borrowing of fiat is limited because then fiat over-issuance will immediately show itself in inflated fiat prices compared to the gold and silver prices of goods and services. Over-borrowing, on the other hand, will immediately show itself in rising interest rates. Both make life more expensive for individuals and cause them to put political pressure on government to "stop that nonsense".

Government must only be allowed to borrow from its own citizens. When governments borrow money abroad (i.e., when they are allowed to sell government bonds to foreign holders, especially foreign governments), international economic dependency is increased. As governments come to owe more money to foreigners than to their own citizens, their allegiance naturally changes. That must be avoided at all cost.

No lawmaker, whether local, state, or federal, must be allowed to propose any bill that infringes on rights guaranteed to individuals by the US and state constitutions. When the US Supreme Court explicitly or tactily sanctions such legislation, states must have the absolute right to pass resolutions that nullify such non-laws within their borders. Likewise, counties must have the right to nullify unconstitutional state enactments, and communities within counties must have the right to nullify county-level laws or ordinances.

Finally, individuals must not be allowed to become career politicans. One-term term limits with only minimal pensions for public service will prevent any would-be politician from seeking office to get that cushy government job. With corporations not allowed to aggregate political donations, and with politicans not being able to turn politics into their "career path", political cronyism/corporate favoritism will become a thing of the past. We will have statesmen instead of slippery back-room deal-makers in office.

And, last not least, individual voters need to pay attention to what their elected representatives do after they elect them. Online news blogs devoted to following each individual office hiolder around and reporting on any unconstitutional/anti-constitutional tendencies he might exhibit, combined with a large subscriber base within each state and federal voting district, need to be be commonplace.

Voters should be required to swear allegiance to the principles enshrined in the US and state constitutions before they are allowed to vote. Others need not apply. Every politician is required to swear such an oath before taking office. A voter's function is far more important than that of the politician he elects. Voters should be subjected to the same requirement.

"Politics" must become a matter of individuals electing other individuals to protect individuals' rights - and elections must become a matter of candidates competing with each on the basis of how well they will protect individual rights. Politics and elections must be no more - and no less - than that.

True National Capitalism of this sort, once it becomes entrenched in the US system (as it always should have been), will finally bring about the full realization of the Founders' vision for America. When this interlocking system of checks and balances is institutionalized at all levels of government from top (individual voters) to bottom (supreme court, congress and president), America will finally live up to her original dream: life, liberty, and property. Without it, she will wake up to her perpetual nightmare: death, tyranny, and poverty.

Alex Wallenwein
Should Congress have unlimited power?
http://congressmanwatch-project.ning.com

Copyright © 2010 Alex Wallenwein - All Rights Reserved

Alex holds a B.A. degree in Economics and a juris doctorate in Law. His forte is research. In late 1996, he began to research how money is used by some to exert political and economic control over others' lives. In the process, he discovered that gold (along with silver) is the common man's antidote to this effort. In writing and publishing the Euro vs Dollar Monitor, he explains the dynamics of this process and how individuals can harness the power of gold in their efforts to regain their political and financial autonomy.

Just like driving your car, investing only makes sense if you can see where you are going. The Euro vs Dollar Monitor is the golden windshield wiper that removes the media's greasy film of financial misinformation from your investment outlook. Don't drive your investment vehicle without it!

Alex Wallenwein Archive

© 2005-2012 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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