Capitalism is oppressive, says Thinking Housewife.

Thinking Housewife appeals that a capitalistic monopoly hoards money that might, if given a supposed better and equal economic system, provide "the basics" (whatever that means) to every human. Hmmm. This sounds familiar. It sounds like all the international do-gooders who think that if America wasn't so greedy that all the starving African children wouldn't be starving.

Let's see how deep she goes into delusion in response to another comment on her post -

Thank you for writing.

Note the hypocrisy of The New York Times article on the stressed family. The Times promotes and glorifies stress all the time. And then it turns around and tears our hearts out by parading the wreckage before our eyes. If it didn’t have these occasional pieces bemoaning the demolition of the family, more people would see it for what it is — a propaganda arm of centralized money power. 

You write:

 Society now lives in denial about the real decline in wages because it has turned to abusing credit in order to have all these things.

Exactly.

We live in an economy ruled by debt money and economic cartels. What do you see all around you? Monopolistic cartels in every field. And the invisible hand of centralized power. In every area of life. And we’re supposed to believe this is “free markets?” Gimme a break. We live in the Total Work Society caused by pervasive, invisible debt and institutionalized, concentrated greed. Even people without jobs are working, engaged in the consuming task of finding jobs that are not there in a world which is competitive and anxious because there is always a sense that there is not enough. A society without leisure, choked by a “web of debt,” is enslaved. 

Full employment is not a realistic goal in an industrialized world. But ample money is a realistic goal. Everyone deserves the basics. Everyone deserves the basics by virtue of being a human being, not by virtue of being a human dynamo. And there is enough to go around, contrary to what we are taught to believe. An economy founded on usury does not provide enough and is inhuman. Our monetary system depends on the creation of constant, dizzying growth to pay off debt, mindless consumerism and the centralization of economic power. Families are experiencing stress by design. Capitalism is oppressive. 

There is hope. In economies that offer interest-free credit, such as those proposed by the Social Credit movement, there are ideals to embrace. See many great, informative articles on Social Credit here. These offer serious systemic solutions for the binds families are in today, not that any of it could be brought about easily or that economics is all. 

The blinding rhetoric of Capitalism vs. Communism is losing its power. Neither represents economic democracy. Usury, the blogger Anthony Migchels writes, is “pure murder.”

It has nothing to do with ‘oh, it’s so honest, so reasonable, that 5% per year’. Look at how complete nations are gutted to pay off some filthy rich trillionaires.

Billions of people live in desperate destitution because of Usury, dying prematurely, completely unnecessarily. People commit suicide, haunted to the grave by creditors. It tears families apart in financial stress. By the millions. Throughout the West. The World. It is purely genocidal, there really is no way to get around it.

And we have built our entire economy on this horrid plunder. On this monstrous sin!

When will we again see the simple truth as the ancients always did?

Banking is simply institutionalized Usury. Capitalism is simply Banking.

The two rose to prominence together in Amsterdam, London and New York. The whole Capitalist monopoly has been bought with the proceeds of compound interest lending. They are emasculating the West with interest on the debt. The Banks openly try to endebt us to the point where all our income is sucked up by debt service! Years of deflation have made our debts weigh even much heavier in real terms. 

Look how the tumors of ‘the financial sector’ are metastasizing, with their ‘bonusses’, ‘derivatives’, LIBOR manipulation, asset bubbles, defaults, bribing politicians, evictions and repossessions, Gold manipulation, media power, globalism, bail outs, bail ins, fomenting of wars. It is all an outgrowth of the cancer of Usury.

We are already thoroughly enslaved through Usury, it’s not a doom scenario, it is the way we live!

In the aftermath of Usury prohibition in the medieval era, around the time of Luther, the main argument for allowing Usury was that without it people wouldn’t lend. And lending was necessary for the economy, the rationale went. There was (at least perceived) a scarcity of credit.

But today we can provide all the interest-free credit we will ever need at zero cost. In several ways!

The ‘time value’ rationale that Jesuits in Salamanca cooked up in the 16th century has been totally discredited and is irrelevant in a decent monetary system. 

Notwithstanding credit and money scarcity, the medieval man worked only 15 weeks to feed his entire family in the Usury free economy. Bones found in England show that people there only achieved the same height as the late medieval Briton in the sixties of last century. 

Compare that to the sweatshops of the 19th century, the heyday of Capitalist domination over Labor.

Imagine what our life would look like without Usury, and with plenty of dirt cheap credit  plus today’s technology!

 I want to single out this part:

Everyone deserves the basics. Everyone deserves the basics by virtue of being a human being, not by virtue of being a human dynamo. And there is enough to go around, contrary to what we are taught to believe.

What is considered "the basics"? A roof over ones head? Food on the table - three meals a day plus an afternoon snack? Healthcare? A car? Decent clothing for every occasion? A job that provides contraception? A job, if you are working in retail or food services, that provides a living minimum-wage?

Contraception was deemed a "basic" healthcare requirement by those who wanted it in their healthcare plan, if not freely provided. I highly doubt Thinking Housewife would agree with that.

You know what else was brought to national attention and deemed a "basic" - actually a "right" - by sheer proselytizing of so-called dignity aka virtue of being a human being? Same-sex "marriage" and adoption.

At least with the above two cases so-called "basics" were crystal clear; you knew what the supporters wanted. But with Thinking Housewife and her major beef with capitalism? Vague as can be. Maybe she means being debt free? Possibly. Then again, if you aren't deep in credit debt, the only debt I can see one struggling with is academic loans and medical debt.

Luckily, my parents were extraordinary with their money and my sibling and I graduated our undergraduate years with zero debt. My father is amazing when it comes to budgeting. If there's one thing Americans are horrid at, and I mean horrid, is budgeting. They purchase houses and cars they know they cannot comfortably pay off. They go into six figure debt for undergraduate work. They consume merchandise they don't even need or barely use - this isn't a "treat" after a year's hard work or spending a bonus - no. This is buying a brad new car when a used one from a reputable dealer does just fine, looks just fine and feels just fine once you're in it. This is yearly Disney vacations with the kids. Why not a regional road trip? Medical debt was never a reality. 99% of the surgeries my family had were mostly covered by their health insurance via job. If it didn't cover all of it the balance was doable where our budgeting skills saved the day. We never dived into our retirement savings to pay for a anything medical - we have an account for general savings which was used. My parents mortgage was also never crippling. They now just hate paying their property tax (as does everyone who pays attention to such things).

Many of the ailments caused by debt can be less harmful based on several factors.

(1) A decent job. My mother is a nurse and my father was an accountant. McDonald's won't provide the health insurance that private practice or a state run hospital does.

(2) A wanted skillet. Both my parents have a skill set that is always needed in a functioning society.

(3) Be debt averse. To use my parents as an example again: They see debt as one of the worse things a person can get himself into. If they can minimize the debt, all the better. If they can go without it while still getting what they want, or opting for a fine alternative - the ideal.

(4) Budget for almost everything.

(5) Spending restraint. This isn't necessarily the same as budgeting. Budgeting implies that you have saved money for certain items and expenses. By "spending restraint" I mean not buying shoes that cost $150 when you need that money for your monthly groceries or phone/internet bill. It means not buying a $1000 suit when the suits in your closet do just fine - there is no real need to by that suit. It means forgoing vacation and instead spending that time exploring your own city or metro area. It means creating homemade meals - breakfast, lunch, dinner and snack - six out of the seven days and just going out to Sunday brunch once a month.

In other words my parents in many ways hoard their money to themselves, they save and they don't spend full-price when buying almost anything - be it groceries, a car, clothes and vacations. They aren't "charge it" trigger happy. Cash is always in their wallet.

I'll give Thinking Housewife credit for bringing up usury and the phenomenon that is excessive consumerism. The rest? Please move to Sweden if you think capitalism is "oppressive." I guarantee you'll be happy there. If one isn't complaining on how backwards America is in terms of healthcare providing, socially and transportation wise, they're complaining on how capitalism is oppressive. I guess Thinking Housewife has something in common with modern leftists.