Understanding the core, the central element of globalism, is the key to understanding the process going on where governments and corporations have merged to end capitalism as it has always been defined. This is where the phrase “trillions at stake” takes on an understanding and context that clarifies just what the elites have been doing to the common folk for a long time.
Sundance over at CTH has done an outstanding job detailing what is going on.
The understanding comes via a Canadian dairy farmer, who, like thousands of other farmers around the world, is a private business under government control. This example is about dairy, specifically milk, however, the underlying premise goes much further.
This is modern corporatism, the nexus of govt intervention, regulations and the multinational exploitation of industry. This is also the globalist example that shows how the concepts of “capitalism” and “free markets” have been destroyed. First, watch the video:
Influential people, politicians (rules) and corporate leaders (profits), both with vested financial interests in the process, have sold a narrative that global manufacturing, global sourcing, and global production is the inherent way of the future. The same voices claimed the American economy was/is consigned to become a “service-driven economy.”
We were all sold a bill of goods. PDJT said over and over that he would put the American worker up against any around the world. The reason American goods were too expensive overseas was not high wages here but rather high tariff barriers over there. PDJT showed that everyone could benefit from lowered tariffs.
Prior to Trump’s arrival on the scene, Barack Obama had nourished the idea of America being past the stage of being able to compete in the world market for the creation of manufactured goods. His favorite phrase was a “service-driven economy.” Obama was trying to condition Americans to accepting less in their lives. That Americans should no longer expect to be better off than their parents were. This reduction in expectations has now been replaced by the song and dance that people should own nothing and be happy.
To understand who opposes President Trump, Jair Bolsonaro, or any economic nationalist, specifically because of the economic leverage against multinational corporations their policy creates, it becomes important to understand the objectives of the global and financial elite who run and operate the institutions. The Big Club.
There has been a global financial exploitation of national markets. Sundance outlines the four basic elements of this process.
♦Multinational corporations purchase controlling interests in various national outputs (harvests and raw materials), and ancillary industries, of developed industrial western nations. {example}
♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks. (*note* in China it is the communist government underwriting the purchase)
♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).
♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.
This is corporatism and one can see its footprint worldwide. These multi-nationals have incredible influence over the politics of every nation where they are present.
In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar; but the truth is ‘global markets’ have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets. This is the function of the World Economic Forum.
This function of the WEF is being exposed for all to see. The WEF expected to cripple Russia and fomented the war with Ukraine for that purpose. However, Russia, while far from a truly free market economy, had developed a much stronger economy with nationalist overtones. Putin had rallied the Russian people around the idea of nationalism and the result is an economic structure and stability that most western pundits had failed to discern. Russia is not a one-product country.
Multinational corporations and banks control most of the product outputs of nations where their presence is significant.
Sundance notes:
This is perhaps the most challenging to understand. In essence, thanks specifically to the way the World Trade Organization (WTO) was established in 1995, national companies expanded their influence into multiple nations, across a myriad of industries and economic sectors (energy, agriculture, raw earth minerals, etc.).
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A historic reference point might be the original multinational enterprise, energy via oil production. (Exxon, Mobil, BP, etc.)
However, in the modern global world, it’s not just oil; the resource and product procurement extend to virtually every possible commodity and industry. From the very visible (wheat/corn) to the obscure (small minerals, and even flowers).
How was this expansion of control over different aspects of the world economy been accomplished? How were mergers of companies in different countries done? Through the multinational financial institutions, of course. They provide the financing and much of that financing was backed by the full faith and credit of the US government. So, in other words, the US taxpayer was paying to have monopolistic systems set up within the world economy.
When mega-corporations control the majority of output for a particular product, they then can dictate what the price will be in different countries. The supply of a particular product is distributed according to the country’s ability to afford the set price.
Sundance uses the example of lemons:
A corporation might hold the rights to the majority of the lemon production in Brazil, Argentina and California/Florida. The price the U.S. consumer pays for the lemons is directed by the amount of inventory (distribution) the controlling corporation allows in the U.S.
If the U.S. lemon harvest is abundant, the controlling interests will export the product to keep the U.S. consumer spending at peak or optimal price. A U.S. customer might pay $2 for a lemon, a Mexican customer might pay .50¢, and a Canadian $1.25.
The bottom line issue is the national supply (in this example ‘harvest/yield’) is not driving the national price because the supply is now controlled by massive multinational corporations.
Under modern globalism, massive multinational corporations control the majority of production inside each country. This leads directly to controlling the global market for most products and their associated prices.
There are trillions at stake.
There is a circular process at work here. The graft taking place is monumental. Sundance uses the food industry for an example.
Part of the lobbying in the food industry is to advocate for the expansion of U.S. taxpayer benefits to underwrite the costs of the domestic food products they control. By lobbying DC these multinational corporations get congress and policy-makers to expand the basis of who can use EBT and SNAP benefits (state reimbursement rates).
Expanding the federal subsidy for food purchases is part of the corporate profit dynamic.
With increased taxpayer subsidies, the food price controllers can charge more domestically and export more of the product internationally. Taxes, via subsidies, go into their profit margins. The corporations then use a portion of those enhanced profits in contributions to the politicians. It’s a circle of money.
We are now at the point where we can discuss what the Canadian dairy farmer was talking about. The whole process is all about controlling market prices to maximize profits. If too much product is allowed into a specific market, that will drive the price down. For the multinational corporation, this is an absolute no-no. The corporation must control the market price not the free market.
This is where the dumping of the milk comes into play. That is not a market-driven outcome. All of this is being controlled by corrupt politicians, rules makers, and the partnership with the private sector corporations.
Sundance uses OPEC as an analogy.
Think of the process like the historic reference of OPEC (Organization of Petroleum Exporting Countries). Only in the modern era massive corporations are playing the role of OPEC and it’s not oil being controlled, thanks to the WTO it’s almost everything.
Again, this is highlighted in the example of taxpayers subsidizing the food sector (EBT, SNAP etc.), the multinational corporations can charge domestic U.S. consumers more.
Ex. more beef is exported, red meat prices remain high at the grocery store, but subsidized U.S. consumers can better afford the high prices.
Of course, if you are not receiving food payment assistance (middle-class) you can’t eat the steaks because you can’t afford them. (Not accidentally, it’s the same scheme in the ObamaCare healthcare system)
This approach to the global market is present in many sectors of the economy. It is a corrupt manipulation and exploitation of the public. But, they do not care because they believe they control all the levers of power that they need.
When PDJT entered the White House, this apple cart was upset. PDJT’s administration focused on bilateral trade deals and a level playing field with countries not corporations. The national interests of America came first, not the big corporations. Trump stopped the exfiltration of American wealth. This is why they stole the 2020 election.
Again, there are trillions at stake.