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The Slavery Of Capitalism

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“None are more hopelessly enslaved than those who falsely believe they are free.”Johann Wolfgang von Goethe

A cliché, and yet so pertinent. So many people think that the struggle against the New World Order is about preventing becoming their slaves.

But we ARE their slaves!

The essence of Slavery is that someone else controls the value of our production. 

Under Capitalism, people depending on a wage (the 90/99%), typically consume only about 10% of the value of their own production. The entire System is geared to sucking up our production with unearned income: Usury, Landlordism, Speculation, high prices of Monopoly.

By Anthony Migchels for

In Capitalism, this was achieved by first driving the common people off their ancestral lands by systematically destroying the abundant money systems of the medieval era by forcing Gold Standards everywhere.

This caused a deflation that first savaged the country side.

In this way, the People lost their means of independence, and were forced to work for others for a living, in the cities. Instead of being independent farmers and craftsmen, they were demoted to wage slavery.

By giving him a wage, immediately a large chunk of the value of the worker’s production is taken by the shareholder. The value of the worker’s production is always much higher than his wage.

With Multinationals, profits and shareholder dividends are typically higher than cost for labor. Meaning that more than half of the workers’ production is taken by the owners of the company.

The reason that they get away with this, is because Capital is kept artificially scarce, both through Cartels and through the artificial scarcity of money. In this way, Labor is oppressed, forcing them into low wages and humiliating conditions.

The worker receives his wage, and the remaining value of his production is next sucked up with scientific precision.

A wage slave making $2000 per month has a budget something like this:
$300 for the State
$700 for the Landlord
$100 for Energy
$200 for ‘health’ ‘care’
$150 for Transportation
$50 for Telecom
Total: $1500

What remains, $500, about a quarter, is to eat and try live a life. A fraction of what 40 hours work produced, at least $4000 worth.

The beauty of the System is, that when wages rise, prices, debts (and associated usurious cost), rents, rise along, sucking up the extra purchasing power.

Residual wealth that the Middle Class retains during booms, is disowned a little later with the inevitably following crunch, forcing them into liquidation at depressed prices.

Free Markets, Right?! Supply and demand!
All good and dandy, we think. Fair enough. We use stuff, so we pay.

But when we take a closer look at where all this money ends up, it transpires that all supply chains we depend on (energy, automotive industry, telecom, ‘health’ ‘care’) are dominated by massive International Cartels.

Cartels keep supply low, and prices high, so a lot of their profits are unearned income, not really related to their production, but to their market power. They use this to keep competitors out, and the Capitalist’s core value is ‘Competition is Sin’ (John D. Rockefeller).

What is more, a great many people are enslaved by Landlordism, which is a vicious Tyranny, first established by the Sword, later overtaken by mortgages, the Money Power’s method of disowning the Landed Aristocracy. Landlordism is pure parasitism, and all the Land is owned by a really very small group of mostly very old families. For instance: all the homeowners in Britain combined own only 6% of the Land. All the rest is in the hands of a minute percentage of the population. Many of the main Land holders go back all the way to William the Conqueror.

Usury massively raises all these prices. As we know, Usury is about 40% of prices we pay for all goods and services: cost for capital passed on by the supplier.

This include the land we live on, and on which we are utterly dependent. In fact, Usury actually QUADRUPLES Landlordism´s rents.

But this is not the only way International Finance profits from everything: they also have a decisive stake in most of the Transnationals that dominate the supply chains we are completely dependent upon. Only 20% of Transnationals (there are about 40,000 of them) are independently owned.

In the past, people enslaved in the mines and the sweatshops, say late 19th century Britain, they were even forced by their employers to do their groceries in factory owned shops that charged outrageous prices.

We think we have outgrown this. It’s really time to think again: all that has happened is that Capital (Finance) has upped their game. Local shops on factory compounds are now international supermarket chains. But they are owned by the same people, and serve the exact same purpose: reclaiming Capital’s losses to wages, usurping our production.

People even go so far as to say ‘Capitalism has lifted people out of poverty’! What is so insane about this, is that a man, in 1694, worked about 15 weeks per year on his own farm. Then with the ascent of Capitalism, two centuries later, he worked 80 hours per week in some soul crushing ‘job’, and it was still not enough: his wife and his kids had to work too, just to pay for the rent and some potatoes.

Even today, we work at least twice as much as three centuries ago.

The most galling of it all is that people claim ‘freedom’, because once every four years they get to give away what remains of their power to some Kleptocrat insider with ‘democratic elections’.

This is the reality of Capitalism, which is centered around International Finance and its Usury (Banking).

No solution to all this is thinkable, without the end of Usury by interest free credit for the People.

What Is Capitalism?
Capitalism Is Jewish Usury
How Usury Encloses The Commons

Anthony Migchels is an interest free currency activist and founder of the Gelre, the first regional currency of the Netherlands. His articles can be found at Contact him at [email protected]


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