An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
More of the elite seem to be realizing that this is not working.As if a system to systemically loot the poor in favor of the banks and the rich ever could?As if government subsidized usury ever could? As if welfare proportional to wealth ever could?
This guy was a CIA spook. Have the requirements for being part of the elite lowered?
CIA officials are part of the elite as key players in the deep state. Fuller was not just a "spook." He was a key player as former vice chairman of the Central Intelligence Agency's (CIA) National Intelligence Council. He was key player in bringing Gulen to the US and putting him under CIA protection in Pennsylvania, for example.
I see. He is part of the unelected elite responsible for American foreign policy. Another head for the chopping block.
That's why his apparent turn is highly relevant. A number of former key players are saying that this is not working.
Why would he have a beef with the ideology surrounding capitalism? His field is geopolitics, he should level criticism at his peers and the institution he served in.It's like Bill Mitchell making a post criticizing the deep state.
Capitalism is an article of faith in the establishment, where capitalism, democracy, freedom, globalism and liberalism are equivalent terms. This is what neoconservatives and liberal interventionism are all about. The problem is that it ignores the paradoxes of liberalism that are now not only coming to light but also creating problems on a global scale.
His use of a fire analogy is chiefly economic. It boils down to the need for reform in place of laissez-faire, pragmatism in place of blind faith. Let him give the deep state the same treatment, as in transparency in place of secrecy, and realist decision making in place of insanity.
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