The financier - Socialist plot

In an article written in 1941, "Wheresoever the Carcass is...", C.. H. Douglas explained how International Finance has aided and abetted Socialism. Douglas outlined the main tenets of Socialism, as follows and brilliantly summarized the special interest of International Financiers. in Socialism:

• (1) A preamble that sets out the many glaring defects of the present Economic and Social Systems. (No mention or criticism of Finance permitted). Obviously, this gets a majority vote at once.
• (2) "Labour creates all wealth". Wealth is the object of life, especially if not used but exported. Therefore Present labour has a right to all wealth so long as it exports it. Anyone who has the enjoyment of wealth without labour, is a parasite. (From this postulate is derived the curious inversion that anyone that is paid by the State is ipso facto not a parasite).
• (3) The holding of property, particularly land or buildings, is robbery of the public and is likely to lead to the use of property for pleasure. The holding of property by any organization is better, and the larger the organization and the more secure it is from criticism by individuals, the better it is. The State, which is immune from prosecution by legal process, is better still, at the moment, but a World State, which would be omnipotent, would be best of all.
• (4) Everything can be reduced to a book of regulations. For this reason, a civil servant in Whitehall, or Washington, or Geneva, can farm land in Ross and Cromarty, or Cheshire or Alberta much better than the farmer who lives on the land. Or if he can't, it doesn't matter much, does it? Nobody knows the Civil Servant's name, he'll never see the farmer, and anyway, both the farmer and the Civil Servant will be dead soon.
• (5) The main objective, therefore, is to take everything from the individual, vest it in an untouchable organization, the larger, the better, and thus change the choice of minor tyrannies, which are vulnerable into an overriding single tyranny, which is invulnerable. Taxation is the primary tool by which to attain this desirable end, but restrictive Law, and in particular License Law, is a valuable auxiliary. But Law is the Agency both of taxation and Licensing.

When you have done this, you can put everyone on the wage and salary list, and invent a job for them, even if it's only filling in Forms to show how many people are filling in Forms. Then you will have solved the unemployment problem, which is the curse of Capitalism, if you don't know enough to recognize it as the coming of the Age of Leisure. And if people don't like filling in Forms, well, "He that will not work, neither shall he eat."

It is clear, I think, that it is exactly in the realm to which Socialism has contributed nothing, the realm of individual initiative, invention and scientific discovery, that we have made our progress towards a leisure civilization, se- curity and culture. And exactly in the realm in which Socialism operates exclusively, that of Law and the infringement upon the liberty of the in- dividual that the major and increasing frictions of Society occur, and the stultification of Science is accomplished. It is not the concern of Science to deal with Distribution. And with regard to Finance, which is the mechanism of Distribution, Socialists and the Financiers have always been of like mind.

In this, we approach the answer to our original question why does Socialism receive support from International Finance and specifically German-American-Jew Finance? That answer is that Law places the sanctions of the State, aims continually at the transfer of Property to the State. This property then becomes available as security for State Loans created by the Financiers out of paper credits i.e., the monetisation of the collective credit of the community concerned. The Bond-holders are exactly what their title would imply they are the slave holders of the "New Order". Just enough of the Bonds are distributed to the Public to obscure the real nature of the transaction and to create a vested interest in the protection of the Financier.

Quoted from The New Times, July 29, 1960