MeghalayaAlfaNL
Money and corporations
What is the role of capitalism in the fall of the West?
To answer this question we need to look at money. How much money is there in the world? No doubt answers vary, but here is what internet detective Alf has come up with:
(1 million / miljoen = 1 x 10^6 = 1.000.000
1 billion / miljard = 1 x 10^9 = 1.000.000.000
1 trillion / biljoen = 1 x 10^12 = 1.000.000.000.000
1 quadrillion / biljard = 1 x 10^15 = 1.000.000.000.000.000)
Walmart, the #1 corporation, has a yearly revenue of $480 billion. If you add up the top 25 corporations yearly revenues they make about $5 trillion a year.
The United States federal budget for 2015 is $4 trillion. Interestingly $0.6 trillion of that is money spent they don’t actually have, but I guess that as the feds control the money press, such deficit isn’t considered a big problem.
There is about $80 trillion in number money worldwide (so stuff like bank notes and saving accounts).
The amount of money in worldwide property I read estimated at 250 trillion dollars. Lower than I expected.
The worldwide debt is about 200 trillion dollars. How can the amount of debt be twice the amount of money needed pay off debts?? Here we see again how money is only part factual, other part magical. Technically speaking money is only a means to a goal, so if you control the means (like the FEDs do the printing press) you control the goal and you needn’t worry as much about debt. In fact, debt is a useful tool to create money out of nothing.
The value of the stock market amounts to 70 trillion dollars.
The value of derivatives, which if I understand correctly, is mostly gambling with the financial market, apparently amounts up to 1.2 quadrillion dollars! If I happen to have an intelligent reader who can explain why this market is so huge, please do.
So the total monetary value of at least the West comes down to a sloppy 1.8 quadrillion dollars, or 1.800.000.000.000.000 dollars, give or take a dollar or two.
So back to our original question: how evil are capitalists?
I don’t think capitalists are so evil. I disagree with the idea that capitalists are bandits and that all their production of wealth is an accidental side effect. Most white capitalists dislike slaying the goose that lays the golden eggs. If you turn a profit this year, you’d like to turn an equal or greater profit in next 20 years. Or so it goes for most white males, who enjoy building stuff.
I also don’t think capitalists are that powerful. Back in high school they taught me that international corporations are so powerful because they can operate international, meaning they escape the laws of Western nations. But as Moldbug says: independence? What independence? Independence granted by the international community? What does independence even mean if it has to be granted? What is Somaliland?
In reality there is no escaping the international community. Even a powerhouse like Royal Dutch Shell is supervised by the dozens of NGO’s, diplomats, state department agents and whatnot. The priests are in charge, the capitalists follow.
But it’s still good to assess the capitalists’ power level. Which seems to me best expressed in money. As we saw, the total budget US ($4 trillion) is narrowly defeated by the unison of the 25 biggest companies ($5 trillion). So the top 25 companies united are a good monetary opponent for the US — but even then the US military budget ($600 billion) alone tops company #1 Walmart ($480 billion).
… And beyond money there’s the priests-in-charge thing. Money is worth a lot, paper is worth nothing. Even property is worth nothing if you are not allowed to defend it.
Thus we see every company obediently saluting the Rainbow Flag.
![](data:image/svg+xml;charset=utf-8,<svg height="287px" width="456px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
The merchant class is powerful, but not so powerful. Religion trumps money. Holiness is where the status of modernity is found, which explains why all the rich kids are digging wells in Ghana.
No comments:
Post a Comment
Ameya jaywant narvekar