What’s difficult for most ordinary people to realize is that if they have a few thousand dollars on hand, with no debt of any kind, then they are worth more than any major bank. JP Morgan, Wells Fargo, BOA, et al, are living off never-ending, cheap money from the Fed. Whatever their “stock market value” is, it’s dwarfed by at least 2-3 times that amount in debt– which they can never repay. Hence they are zombies. This situation applies to most household, corporate & all national debt. That is the crux of this impending financial crisis.
These banks, stock markets & hedge fund investors hold extravagant claims to assets that are 99+% worthless. These are all toxic assets that will all go to zero when the next crash hits. It’s called a Ponzi scheme. Central banks all around the world have this same policy, so no nation will be spared. The capitalist system is about to implode upon itself in every epicenter, in a mountain of bad debt fueled by rampant corruption condoned by the entire global establishment.
This isn’t going to be your regular periodic crash, like in 1987, 1998, 2000, or even 2007-08 which was the biggest shock wave since 1929. This next collapse of corruption is going to call into question the viability of the entire capitalist system on Facebook. It’s going to take riot police & military troops to keep hungry workers from their bank savings. The only way a government can stop people from posting on social media is to shut down the internet. That will anger people, for sure.
This show of force will be deemed necessary for “national security,” as the banks are insolvent, so a military-police state will be needed to maintain “law & order.” If you are not among the elite class, then this will be your fate. ATM’s will not give you cash. and the bank deposits will be inaccessible. “How am I supposed to live?” you may ask. The answer is that you aren’t.
This is class war in the death-throes of capitalism. Through the internet & social media, the youth & workers of the world have been exchanging ideas for over a decade, since the crash of 2007-08. These lessons have been learned & absorbed by a great many.
For the masses, it’s about leadership, in terms of having a vision for the future of humanity along with everything else on this planet. Leadership needs to be revolutionary, with a scientific program for equality & peace. Karl Marx gave civilization that program when he published The Communist Manifesto in 1848, a year of revolution in Europe.
Socialism is best expressed in our modern world in the writings of Leon Trotsky, who should be considered the last classical Marxist; and today through the International Committee of the Fourth International, which publishes the World Socialist Web Site. Trotsky founded the 4th International in 1938, two years before he was assassinated by an agent of Stalin, so this party has a long & impressive political history.
Political leadership is groomed by reading the WSWS, and adopting their line. Opportunities for polemics are plenty, but they are in areas of subjectivity such as opinions on art, and analysis of profound new ideas. Predicting future events by using Marxism & its dialectical method is an invaluable form of leadership that must be cultivated among the working masses.
The revolution of the future needs to be leaderless. When great & courageous individuals become elevated to supreme leader of a movement, they can easily be neutralized by any deep state conspiracy. Think Malcolm X, MLK or John Lennon, who were all assassinated. Great leaders of today don’t seek cult followings & celebrity status, they seek to be understood & influential.
Great leaders are the best listeners & observers. They see & hear things others miss, because they make it a point to be aware of their surroundings. This is sound leadership, because it compliments the survival instinct. We can’t continue to be at war with our planet, and expect to survive as a species. Leaders must understand & weigh all positions.
The root idea of socialism is that leadership is shared. This will allow the best in any field to rise to the top, since everyone will have access. This idea is abhorrent to every capitalist, who prefer monopoly, mass slavery, world war & annihilation– to socialism.
This is obviously sociopathic “thinking,” which is why Donald J. Trump is now the US President who has been given unlimited governmental authority to wage war on socialists. That’s what economic inequality, internet censorship, and war on immigrants while inciting neo-Nazi violence is all about– it’s the political strategy of fascists.
The objective of socialists since Trump was handed the US Presidency on November 8, 2016 is to discredit fascism & the deep state– in order to prevent a world war. It’s over three years, and humanity has now been perilously driven to the brink of world war by these madmen & madwomen.
But the truth is there is no mass support for any of these lunatic semi-corpses anymore. They are ready to crumble, and will, as soon as their supply of free money, media monopoly & military obedience finally fails them as a class.
If there is an election this November, Trump will get less votes this time, because he no longer fools so many people. The situation for most is getting worse, while Trump the conman keeps making speeches on how things are better than ever. That’s the way it is for billionaires.
For the Democrats it’s their primary season, as Iowa is finally two weeks away, with billions already spent on 2020. Among young, left-leaning voters, Tulsi Gabbard was by far the most popular early candidate, especially after she embarrassed #MeToo & BLM party favorite Kamala Harris as shown here.
Gabbard has been a target of Hillary Clinton, who refers to the congresswoman from Hawaii as a “Russian asset” in the media. We’re talking about a left-leaning, CIA Democrat in Tulsi Gabbard. She has been neutralized at this point, fundraising-wise, but now Bernie Sanders has regained the top spot in many Democratic polls. This deeply concerns the Clinton’s, Barack Obama, John Kerry, and the rest of the deep state.
At this point, any expression of any impulse to the left is dealt with hysterically through the corporate media. Denunciations, censorship & blacklisting are the methods. Hence the term “fake news,” which didn’t exist ten years ago, but is understood by everyone with a functioning brain today.
Serious political discussions need to be ongoing for as long as possible, with the realization that the deep state may eventually block internet access to the masses. This coordinated shutdown of essential services has been rehearsed over & over during “natural disasters” such as earthquakes, hurricanes, floods & fires.
The ruling establishment has its hands on all the levers of power, and a playbook from which it never veers. This makes them powerful, but predicable. When you know what the ultra-rich will do in every crisis, then you can be ready with a revolutionary strategy to defeat them. It’s up to the yearning masses to consider all this, and be ready to act when the time comes.
The #1 rule in bourgeois politics is: no socialism. Only Trump is allowed to say that, because he’s a fascist, which is acceptable. Democrats prefer to hide that primary motto, under the guise of pseudo-politics such as feminism & black racialism, which support elite members of those demographics, under the tired lies of class discrimination & social inequality.
Both parties double-down on their reactionary ideologies, because they have no other choice. As the absurdity of their policies became more apparent, their social support erodes even further. Kids don’t believe in politicians anymore, like they used to. There’s too much information, and access to it, which proves them liars. Millennials are smart like that.
Conclusion: These are the outlines of the coming social revolution. The wildfires in Australia and everywhere else will never be contained under capitalism, and that is now apparent on a mass scale. Humanity has reached it’s tipping point, where business-as-usual is about to come to an end. There is too much want & awareness, combined with too much excess & hypocrisy, for things to continue as before.
The deep state can’t behead 21st-century socialist leadership, because it’s now grown to a point where so many advanced workers & youth have become learned & class-conscious that leadership will be able to nurture & replenish itself from within. Socialized leadership for permanent revolution.
Julian Assange is an example of this process, as he sits in Belsmarsh prison outside of London, awaiting a rigged extradition trial. Assange is a courageous whistle-blowing journalist who has been kidnapped & tortured by the US & UK governments & deep states. But even if he dies in prison, WikiLeaks will live on. The point is to get Julian Assange out alive, which protects ALL journalists & whistle-blowers.
The coming Julian Assange trial portends this revolution. While the courts of law are rigged, the court of public opinion is squarely behind Assange & freedom of the press. This up-coming show trial could be the spark that ignites this coming socialist revolution. The ruling establishments fear this, while revolutionaries are preparing for it.
The reason capitalism must collapse and be revolutionized into socialism is because it’s an idea whose time has come. There is no amount of fake media, authoritative coercion & physical violence that can stop an idea whose time has come. That is a fundamental truth of socialism.