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The Purpose Of Economics Is To Camouflage Imperialism — Ramanan

Summary:
Capitalism, imperialism and colonialism were joined at the hip at the birth of capitalism as an iteration of feudalism in which landlords had to admit industrialists and financiers to the club. Neoliberalism is an iteration of this arrangement that is joined to the hip of neo-imperialism and neocolonialism.The political arrangement that corresponds to this economic arrangement is oligarchy.The Case for Concerted ActionThe Purpose Of Economics Is To Camouflage Imperialism V. Ramanan

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Capitalism, imperialism and colonialism were joined at the hip at the birth of capitalism as an iteration of feudalism in which landlords had to admit industrialists and financiers to the club.

Neoliberalism is an iteration of this arrangement that is joined to the hip of neo-imperialism and neocolonialism.

The political arrangement that corresponds to this economic arrangement is oligarchy.

The Case for Concerted Action
The Purpose Of Economics Is To Camouflage Imperialism
V. Ramanan

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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