The class structure of ‘America’ has always been oligarchy, ie rule by the rich, who in Marxian terms are really just placeholders for the artificial species I call Capital. At founding only a fraction of even the White population could vote. They immediately put down a debtors rebellion (Shay’s) of unpaid soldier because hell with them, even being a White man wasn’t enough, you had to be a propertied White man. ‘America’ is designed for rule by property and that has never changed and never will. That’s the whole business model and why mess with a bad thing?....
In the exact same way, the White mafia has ‘busted-out’ entire continents. They corrupt local compradors, debt trap entire nations, strip the resources, and then ‘light a match.’ They have done this to every country on Earth and now there’s nothing left to bust-out, so they’re cannibalizing the imperial periphery (Europe, the UAE) before descending on their own corpse.
This is how you understand what’s happening today, with war everywhere, prices rising even in the imperial core, and yet the stock markets going gangbusters. Of course, stock markets are just the place where genteel gangs do their dirt in public. The seeming illogic of modern politics is simply an age-old mafia bust-out.
A Leveraged Buy-Out
In genteel gangland, however, this isn’t called a bust-out. It’s called a leveraged buyout (LBO). It’s the same thing with more lawyers. In an LBO, private equity guys (White word for oligarchs) borrow against a company (which they don’t own yet) to buy the company. If this sounds like a con, it’s because it is, but it’s legal because the bank’s in on it. ‘America’ has legalized corruption.
Once the PE gang takes over the company, they run up bills on the joint’s credit, unload assets out the back, fire people, and maybe do a bit of insider trading. Then when the underlying business inevitably fails, they leave it for dead and move onto the next one. It’s carnivorous capitalism. A genteel bust out.
