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Michael Clark
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Michael J. Clark was born and raised in Sinclair, Wyoming. He is a poet, novelist, artist, historian, and market analyst. His fine arts portfolio can be found at the following address: http://www.hoalantrangallery.com/MJC2.htm His writing portfolio can be found at:... More
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  • IT IS DEMOCRACY THAT MAKES AMERICA GREAT, NOT CAPITALISM 2 comments
    May 17, 2014 2:13 AM

    My view is that the 2 political systems at the Poles are Fascism and Socialism/Communism. Fascism is rule by the Patriarchy; Socialism is rule by the Matriarchy. These two forms of tyranny can be viewed metaphorically as the Fascist Fathers and the Matriarchal Socialist Mothers. Each side of the brain, essentially, is struggling for power in the world; and each gets their own seasons to rule, relatively speaking.

    In between Fascism (the rule of the Right-Wing) and Socialism/Communist (the rule of the Left-Wing) is Democracy. Democracy is the best system of government in the world because it consciously attempts to balance these two tyrannies, lets both sides in, let's both sides participate in the process. Democracies find the two forces of power agreeing to share power. The Fascist rule connects to orthodox religion, capitalism, nationalism, individualism, competition for survival. The Socialist/Communist (Communism is a form of Socialism) connects to anti-religion (or to the religion of the Son, Jesus Christ, vs. the Patriarchal Father Religion, the Old Testament), economic socialism, internationalism, and cooperation for survival.

    Many people on this site argue that capitalism is the best system. However, capitalism without democracy is a lousy system, with the rich 1% owning everything and ruling everyone (oligarchies in South America and Africa are a good picture of this). Communism without democracy also does not work.

    It is not capitalism that made and makes America great, it is democracy. Democracy also makes Sweden great, and Germany, and the UK. Democracy is the key, not the economic system. Every great country is a balanced mixture of Fascism/Capitalism and Socialism -- a democracy is the means by which the volatile, nation-destroying deadly enemies are kept in balance.

    The key to the survival of Democracy is a healthy, large middle class. The middle class identifies with the Fascist Fathers when the economy needs to bloom and when material evolution proceeds (what I call Day-Cycles; what some economists call the 'business cycle'; what a farmer would call the 'growth cycle'); the middle class shifts alliances to the Socialist Mothers when the growth cycle ends, becoming more concerned with those at the bottom that the few at the top.

    Of course both sides, both extremes, the Fascist Fathers and the Socialist Mothers, come to hate democracy, seeing it as protecting the power of the hated other, the rich one the one hand, and the poor on the other. As the middle class is weakened by economic decay and social disintegration stemming from that decay, the two extremes become more powerful, harden, and demand absolute control.

    Any system (State Capitalism, for instance) that seeks to shift assets further into the hands of the very wealthy at the end of the growing cycle is threatening Democracy, by targeting the Middle Class for destruction. The Fascist Fathers are oligarchs at heart; their desire always is to sift more and more power and wealth into the hands of fewer and fewer people -- to 'corner the market' in stock market terminology. The Socialist Mothers are committed to sharing, to distribution the wealth, to fairness.

    Central bank monetary policies today are threatening democracies all over the world. But the central banks work for the 1%, the most powerful members of the society, the oligarchs. Central banks do not work for the 99%.

    If their policies destroy our democracy, our ability to peacefully balance to two major forces of destiny (right and left), then we will discover that it was not capitalism that made America great, it was democracy.

    Best,

    Michael J. Clark, CGTS

    Hanoi, Vietnam

    17 May 2014

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  • minxx
    , contributor
    Comments (34) | Send Message
     
    Well said Michael. Wanted to ask you what are your thoughts on precious metals (gold, silver). Have gold and silver prices bottomed yet?
    Thanks
    17 May, 04:54 AM Reply Like
  • Michael Clark
    , contributor
    Comments (8467) | Send Message
     
    Author’s reply » I am emotionally attached to the precious metals, since I have said they should appreciate through 2019. Have to admire the Fed (and world central banks) in their ability to control every market in the world. Of course, that is not their job -- and we are living with their abuse of power every day.

     

    PM's. No. Not yet. I think they may have a mad rush up toward 2019, but not yet.

     

    USDollar is bearish. Gold is bearish. How is that possible? The Federal Reserve is adept at fixing markets. They want the dollar weak, but not too weak. They want gold weak. They want the Euro strong but not too strong. They want to break the VIX whenever it raises its head up. And they can do all this by throwing money at their problems...for a while at least. For ever? Do we want to live in a world of fixed markets with the banks fixing everything -- and getting absolutely rich in the process, while everyone else gets poorer and poor? Some want that. I don't.
    17 May, 05:16 AM Reply Like
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