Traitors

Billionaires are traitors, actively sabotaging the general welfare of America with their insatiable greed, and yet we celebrate them. The only reason we don’t immediately recognize their betrayal is due to the mighty propaganda Wurlitzer that venerates sociopathic CEO’s in an endless loop. It’s Ayn Rand’s world and we just live in it.

In an ironic twist, the billionaires and their corporate media marionettes have realized that while they were busy extracting other nations were busy producing. In response, they’ve sought to shift the blame to a “foreign-devil”, hence their desire for a new cold war against China. I’ve written about this before but China has transformed into a industrial powerhouse, raising the standard of living for millions of Chinese by following the same playbook that America used to develop. Our billionaire elite have abandoned such a model for sustained policies of financial looting, rent-seeking, monopolization and corruption.  

The contrast between the US and China is where we can most clearly witness the treason. The US is falling apart around us, while the Chinese are building the future.

China is rapidly overtaking the United States in a number of areas that threaten to undermine America’s position in the world. Naturally, US leaders and their billionaire backers are concerned about this and have taken steps to remedy the situation. Of course, none of this includes looking in the mirror and acknowledging their own culpability in an economic system that allows Wall Street to siphon off too much of their company’s profits leaving insufficient capital to reinvest in productive activity, critical infrastructure or societal improvement (See Boeing for a how-to manual). Chinese policymakers have taken a different approach to this issue and the results speak for themselves. Standards of living have risen sharply, poverty has been eradicated, health care is universal, critical infrastructure is top-notch, and China is becoming a model for the rest of the world.

Don’t take my word for it. Read the economic data yourself. Or, better still, Google “Chinese cities” or “Chinese high-speed rail” or “Chinese ports” or “Chinese bridges” etc. See for yourself the miracle that is taking place in China today.

Someone forgot to tell the geniuses who want to have a war with China. Former Chinese Ambassador Chas Freeman, explains why a war with China would not end well. “Four decades ago, the United States bankrupted the Soviet Union by forcing it to devote ever more of its economy to defense while neglecting the welfare of its citizens. Now we Americans are diverting ever more borrowed and taxpayer dollars to our military even as our human and physical infrastructure decays. In some ways, in relation to China, we are now in the position of the USSR in the Cold War. Our fiscal trajectory is injurious to the general welfare of Americans. That, along with our liberties, is, however, what our armed forces are meant to defend.”

However, the US still dominates the informational battlefield and most Americans buy into the myth of Chinese intellectual theft, perfidy and villainhood. Incoming Secretary of State Marco Rubio, lays out the charges–“We welcomed the Chinese Communist Party into the global order and they took advantage of all of its benefits… Instead they have repressed, and lied, and cheated, and hacked, and stolen their way into global superpower status.”

That’s one way to put it, but the plan was to neoliberalize China like they did to the US. Decades of “color revolutions,” Gene Sharp, “non-violent” mischief, and NGO machinations were supposed to prepare the ground for a neoliberal revolution, where the Chinese would surrender their traditional culture. Their entire society then becomes a void that can be filled. The American system is then able to fill this void with their own consumerist culture, which neutralizes any country, putting it in a position where it can only be absorbed by the World Economic Forum, City of London and Wall Street.

The plan failed due to the strength of the Chinese traditional culture and the competence and integrity of their leaders. On the other hand, it doesn’t say anything good about America and points to the hollowness of our own culture. Our leaders are on the take and America has devolved into a culture of narcissism where it is every man/woman for themselves. The political/economic/cultural affect of not caring about people but, rather, money and materialism has become a nightmare.

Still, they persist. Along multiple lines of attack, the US corporate media criticizes Chinese “overcapacity.”, coupled with complaints that many Chinese businesses are state-owned rather than private. However, this criticism seems logically inconsistent. America’s reigning neoliberal dogma had always maintained that government-owned enterprises were inherently inefficient and uncompetitive, so denouncing China for having many such state-owned enterprises that were successfully outcompeting private Western corporations merely demonstrated the bankruptcy of neoliberalism.

Then there’s the narrative that China is a totalitarian country controlled by the Communist Party, but it certainly appears that their government serves the the country and well-being of the Chinese people rather than a narrow elite. Here in the homeland the media informs us that we live in a free-market, liberal democracy, yet our government serves Wall Street and the billionaires.

Thanks to RedNote, young Americans are discovering the real China of today, rather than what the media portrays. TikTok influencers are going in RedNote and can’t believe how China has out achieved the United States. RedNote opened a window for Americans to learn more about China by directly interacting with Chinese people. These exchanges also seem to be sparking an even deeper appreciation among Chinese for their own systems. As usual, another epic fail by the neocon gang that can’t shoot straight. An all around massive PR fail for the State Department, USAID and NED.

But don’t expect our billionaire overlords to change. After all, they have won the class-war, the one that really mattered. Neoliberal economists, and their ideologies served their purpose of enriching billionaires. The ideology of neoliberalism promotes a fundamentalist free market concept, featuring privatization, deregulation, and formation of trusts. The resultant financialization of the economy directly led to deindustrialization and a crumbling of manufacturing and the real production and consumption economy. It featured such popular business practices such as asset-light strategy, offshoring and outsourcing which have hollowed out the productive economy. The current US economic system is a rentier oligarchic system where financial parasites feed on the real economy and will eventually subsume it. This economic system has led to unprecedented wealth gap and societal polarization.

The awakening of young Americans gives me hope but we have our work cut out. Neoliberal austerity needs to end, rents and housing and stock bubbles need to be drastically curtailed and it needs to be policy that if you want to get rich you have to actually make stuff and employ Americans. No more monopolies, no more financial looting, and no more rentierism.

The contrast between the Chinese quality of life and ours needs to be broadcast and the villains named. Billionaires are not role models and they are not heroes.

They are traitors.

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