HOW CAPITALISM WORKS- Jersey Flight

One demands specific economic terminology, but I forgo the masters demands...

Capitalism is quite literally a pyramid. Those on top arbitrarily create the economic conditions which filter down to the bottom.

Capitalism is a system dictated by a minority of individuals. These individuals control large sums of capital, thereby seeking to loan out this capital in order to make profit on interest. And it is this interest which sets the pace for the rest of the economy. However, it is important to note that the interest rate on capital (proceeding from the top of the pyramid) is entirely arbitrary. It is based on greed; it is based on the private desire of the individual who owns the capital. Those at the top of the pyramid rule the world through the exploitation of debt, which is manufactured in the form of interest.

It is also important to note that capitalism must continue to expand in order to survive, it is a system that must retain its momentum. This means that capitalism must always transcend in order to survive, however, the idea that this transcendence is synonymous with progress is deeply mistaken. The transcendence of capitalism often comes in the form of manipulation and control, conquest by violence. An increase in profit is the essence of transcendence (for here the idea of transcendence has no social criteria). 

The capitalist world is made up of Lords (those who hold the power of capital), (those who have the power to set the interest rates they choose). In this sense capitalism is a deductive system. Once the premise is set (here referring to the interest rate on capital) then the conclusion of the system logically follows. Everyone at the bottom of the pyramid is in one way or another bound by the interest rates set at the top. These rates (altogether arbitrary), aside from being the product of greed, dictate the social and economic structure of society.

In a capitalist system capital is King; he that has the most capital is Lord of the system of capital.

Without social regulation on accumulation there is bound to be tyranny. Those who amass the largest sums of capital, through the process of exploitation and criminality, eventually come to own the system.

Capitalism is the great enemy of democracy. 

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