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September
20
2022

Why the World Economic Forum’s Plutocracy Should Be Dissolved
J.B. Shurk

  • No matter how noble its stated intentions, the “Great Reset” is at its heart a program for driving political power away from individual citizens and toward the controlling interests of a small international class of financial elites…. For citizens to reclaim power, they must not only embrace the basics of free markets once again but also rekindle a fondness for questioning the motivations of political authorities.
  • It is not just kings, generals, and popes who possess great power. Wherever a person, group, or institution is capable — through enticement, coercion, or brute force — of bending an individual’s free will, the structures and instruments of power exist. A local school board, after all, may well have more immediate and intimate influences over a person’s family than the United Nations Human Rights Council and its revolving door of despots who tend to promulgate international resolutions shielding their own crimes.

  • Limited regulation keeps the costs of market transactions low. Respect for private property and fair and impartial application of commercial laws encourage capital investment. Refraining from taxing the fruits of an individual’s labor fosters an exponentially more productive labor force. Providing populations with the tools to pursue and obtain knowledge and skills at minimal expense promotes not only an educated workforce but also politically competent citizens.

  • The small number of multinational corporations that control most television and print news sources around the globe also control the sociological levers capable of manufacturing or shifting public opinion. Power in any form — political, economic, cultural, spiritual… must always be guarded against as a potential foe.

  • “The welfare of the people has always been the alibi of tyrants….” — Albert Camus, Resistance, Rebellion and Death.

  • The great mass murderers of the twentieth century attest to this truth. Lenin, Stalin, Hitler, Pol Pot, and Mao killed tens of millions, but they did so, they assured the world, not for their own glory but for the benefit of “the people.”

  • It is no secret that money influences politics, no matter how profusely politicians may assert their civic independence from the lobbyists and benefactors filling their campaign war chests.

  • Tens of thousands of laws, rules, and regulations make it nearly impossible for any entrepreneur to navigate markets without inadvertently committing infractions or becoming a future target of an ever-growing army of regulatory code enforcers. Citizens are taxed on their wages, incomes, purchases, property, investments, improvements, sales, etc., and should they still possess anything of worth upon their ultimate demise, some agent of the State is likely to take one final cut of their bequeathed estates. The same unit of labor is thus taxed repeatedly along the government’s conveyor belt of confiscation.

  • Notably, today’s plutocrats have little interest in truly free markets…. The World Economic Forum, for instance, demands governments take urgent action to combat or address climate change, cybersecurity, online misinformation, artificial intelligence, overpopulation, the use of hydrocarbon energy, farm ownership, food supplies, the elimination of private vehicle ownership, and the imposition of citizen control protocols to defend against future pandemics. Regulation of people and markets is now of paramount importance to those with wealth and power.

  • When the uber-elite successfully influence politicians to enact laws that benefit their personal financial interests — a corrupt practice known as “regulatory capture” — they distort the normal dynamics of any free market. When governments mandate more expensive forms of “clean” energy across the market, for instance, wealthy corporations capable of enduring these added costs reap the ancillary benefits of gobbling up the market share abandoned by smaller competitors unable to survive. This is by design.

  • This fusion between monied interests and government power has created a type of reverse fascism. Instead of some charismatic political leader in the mold of a Benito Mussolini demanding that titans of industry follow his commands for the benefit of the State and in the interests of the people, a new class of plutocrats now steer the direction of national policies and pay the politicians to make sure the people will comply.

  • When market competition is permitted to grow wealth in perpetuity, however, not only does a growing share of the population increase its wealth, but also political power becomes spread out more diffusely. When the “rising tide” of free markets is allowed to “lift all boats,” neither the plutocrat nor communist politburo holds as much sway. For this reason, both communists and plutocrats share a similar goal — minimizing the prosperity of the majority of citizens, while maximizing the political power of a small minority of government officials. Under communism, this type of power arrangement takes the form of an oligarchy, or rule by a small few. Under the World Economic Forum’s brand of oligarchy where the West’s wealthiest manipulate centrally-controlled governments, the result is demonstrably plutocratic.

  • When corporate behemoths adeptly forestall their own impending financial deaths through political influence and regulatory capture, however, they cheat the markets at the larger public’s expense.

  • For individual liberty to flourish, competing forces must always counterbalance concentrated power in any form. When economic monopoly is used to create plutocratic control over government policy, then it becomes imperative for society to unleash the full potential of market forces to destroy protracted power and wealth and encourage more widespread prosperity.

  • Cheap and abundant energy sources reduce the entry costs of building a business. Minimal taxation that seeks neither to confiscate wealth nor to punish successful innovation produces an endless supply of creative talents and energies. Limited regulation keeps the costs of market transactions low. Respect for private property and fair and impartial application of commercial laws encourage capital investment. Refraining from taxing the fruits of an individual’s labor fosters an exponentially more productive labor force. Providing populations with the tools to pursue and obtain knowledge and skills at minimal expense promotes not only an educated workforce but also politically competent citizens.


 

 

 

J.B. Shurk is a proud American from Daniel Boone country.

 

 

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