Publisher: Peter Batt
Series: Psychopath Economics and how to defeat it
Publication Date: December 15, 2017
Binding: Kobo eBook
Part 3 of Psychopath Economics looks at the One Percent’s relentless drive for greater control. It has half of all global wealth, but still wants more. And it is further pushing the herd into a position of dependancy by neutralising or removing the state as a viable alternative to corporate power, through both austerity and international trade agreements.
This comes on top of a debt-money system that already causes structural inequality, allowing it to parasitically extract value from the herd, while maintaining its profits from unsustainable levels of consumption. Despite threats to social cohesion and overwhelming evidence of man-made climate change, the elite seems happy to impoverish millions and restrict the planet’s capacity to support human life as a price worth paying for continuing its control.
Psychopathic power makes no concessions without a threat and so Part 4 – Withdrawing Consent – contends that traditional forms of political campaigning and direct action will have little effect on their own. For instance, though there have been numerous anti-austerity protests around the world, they have done nothing to alter the application of neoliberalism.
Instead, it looks at lines of attack that involve maximising leverage that threaten the elite’s assets. This includes extending the concept of direct action that go beyond even the imaginative protests within bank branches or shopping malls, to encompass short-selling campaigns through the markets, anti-branding campaigns that seek to degrade corporate intellectual property, such as the Brandalism attacks in London, as well as tax and debt strikes. Indeed, it argues that the definition of ‘odious debt’ should be widened to include debt created out of thin air and used as a means of transferring wealth to an already fabulously rich elite.
Peter Batt argues that the debt-money system itself should be shunned, along with the increasingly-worthless fiat currencies issued by central banks, ...