WIKIPEDIA: “ripoff (or rip-off) is an grossly unfavorable financial transaction. It originated as slang that has entered into standard English usage as a business term.[1] “
Ok, starting with infra intro:
This essay is a real assessment of the ripoff scam of how the capital accumulation is made today in the west. This essay is a mockery of the mainstream and paleomarxists, not to mention the whole CARGO CULT vampirism economists of nothing.. Unfortunately not on the level of mockery Gore Vidal was capable of, but it is the proof of the bullshitting of the current Marxist deluded implanted perverted fake so called Marxist analists which even work for brokering stock exchange firms or any similar ultra capitalist financial institutions and as a hobby declare they are Marxists or , like Barroso, make a career starting from some Maoist Marxist outfit training to end the career by joining Goldmine Socks or similar , their Masters Voice real job. It is also a mockery as Bill Mitchell finely put it in his post about how taxation is not the real issue as some 21st Capital Marxists claim. Taxation is a moral stance, a good one, but it has nothing to do WITH THE REAL FUNCTIONING OF THE CAPITALIST ACCUMULATION IN THE 21ST CENTURY.
Regardless of your political view, this essay is a fact. And it is a ripoff, not only a moral one , but a “technical”, “ Law induced”, one. It is the last stage of the classic Marx notion of Capital Accumulation. Strangely, the majority of the Marxists or even social democrats or even green or whatever have not grasped it. This means that they are A, ignorant, B Liars, C Both and more , only implanted agents of the Capital in the role of leaders of mass distraction..
The result is the constant idiotic NOISE they make by their complete bullshit statements about any subject and that is why their political stance is a clueless one. No wonder nobody in the West is going to vote anymore , WD included, apart from the sociopaths of all colors, or maybe sometimes voting only to prevent some complete bunch of dark age sociopaths like Trump Oligarchy and its clan members to take power..
The final conclusion is that the current Left is only a lackey of the current West Oligarchy and this is a secret covered by the clueless superficial analysis and stances they produce which are all in some KulturKampf field of bullshitting around the bush.
In fact the classic crime scene as it is the current Western Capitalism needs always as a boundary condition one simple thing: FOLLOW THE MONEY.
INTRO
It is completely idiotic to look the trigger factor in creating the surplus value of the original capital accumulation. It can be anything, from grabbing land by force or any commodity, robing a bank, borrowing from a bank, hedge fund, from your connections in private and public sector or your pals overseas with armed force as a guarantee for the plunder or from your friends, Mafia of any kind and being a member, your parents or neighbors , your connection with the deep or masonic or religious or any type of authority or power who is willng to “help”, ALL this in order to establish any sort of a business . It is always the privatization as a boundary condition and extraction of commodities, like material, labor, slaves, market position, etc etc.
The fact of the original hoarding- capital accumulation is that a person or a legal entity gets out of this ripoff much more money than it has put in it. The profit or surplus value division/dichotomy is only an accountant view and is only good to cook the books so one can pocket as much as he can. If you can not cook the books to pocket more, than one has to change the LAWS of accounting and the CODE OF CAPITAL. That is why you vote Trump et consortes. Or his Masters of Deregulation (deregulation:the process of removing government controls or rules from a business or other activity) In order to have less or no CONSTRAINTS in doing this ripoff. The extraction of “surplus value” at any cost which means at no cost at all if possible, in order to pocket all or most of it and get scottfree.! By doing so – all this above mentioned and much more, sex and social skills included- one needs not to be literate, one has to have other skills.
SO, the high brow explanations of the original capital accumulation, its natural concentration are left to the lackeys or impostors of the Oligarchy who create the SOFT POWER and make a myth out of the simple ripoff and so produce” culture”, social consciousness and the narrative in order to make this stuff as a God given Gospel of the famous “facts of life” which create the civilization myth.
But folks, this original accumulation is a thing of the past which is maybe somewhat still needed in manufacturing or services,. The other 70% is financialization, I.e, how debt makes money out of debt to make more money out of fake money production which derives (derivatives) from this debt incurred. The story of derivatives and all sorts of CDS and swaps of virtual values and here it comes the bitcoin and similar binary magic and your Trumpcomiceconomic bubble we are stepping into. With no taxation, please, in order to keep faith to the complete ripoff. Unfortunately the voters and fans of this cargo cult will have null gain out of this circus.
So Witchdoctor has dealt here now with a few centuries of splitting hair economists pursuing some mumbojumbo cargo cult for the sake of the passing time, glory in the books and lot of travel around the conference rooms possibly 7 stars and a good pension under the coconut tree with a non alcohol pina colada due to aging and some Viagra in the pocket, another trumpocomiceconomic goal which we all salivate for… Is This stage the last surplus value we all crave for?
Ok that was pretty good.
This essay or a final confutation of the accademia bollocks has a tail:
The book of Marco D’ Eramo: a theoretical physicist ( yes, thats WD man!), sociologist, journalist, etc and much more…I TERRONI DELL’ IMPERO.
Due to the Italian iron grip of the Oligarchy media information which is also crucial in capital formation , Marco D’ Eramo is not a world known author as it should be.
I Terroni Dell Impero could be translated as: The Rednecks, Hilly billies, Southerners, Peasants) pheasants haha) and similar jerks.
So, the title is: The Rednecks of the Empire.
Marco D’ Eramo extensively traveled under the famous Mason Dixon line in the USA Empire, for months, years , and checked all and talked to anybody informed or willing to share info.. He checked a lot, from hurricane Kathrina disaster and how nothing was done and people just fled, unis, schools money,gambling casinos, to any subject interesting . The Witchdoctor conclusion is appalling. The USA Empire is a ruthless, mostly third world country with a latent racist streak, not just a streak , but a walking mostly white made apartheid tradition in which each has his own reasons for living in its own bubble apartheid..
For the purpose of this essay Witchdoctor will take into account only the cases from the book, which are absoultely well documented. The South Carolina and Alabama ( oyea, Alabama, again). The conclusions about this cases – the fake capital accumulation process- is Witchdoctors.
This are showcases of how the;
THE FINAL RIP OFF; THE FAKE CAPITAL ACCUMULATION IN 21ST CENTURY works in reality.
So, the case is about some German capital accumulation within the USA Empire. Beware, this is not only the German connection, any multinational Corporation within the US is doing the same. Musk did it by moving in Texas, that is why you love him so much and want his techno chip implant of his private property buzzing in your head..
This case regards cars, BMW and Mercedes but it could be anything or anyone of this Capitalists.
So, South Carolina and Alabama want to make some bucks, that is what they peddle or promote officially, and in order to make some new jobs, they start to bid to the best offer, State against the State, to attract any corporation in their territory.
SO:
They give them land for free.
They make roads them for free
They make them electric grid for free
They make water sewage and all infrastructure them for free
The make them Internet and wifi for free
They give them energy for free
They give them water for free
They make them pay no taxes for free.
They pay even workers which work there out of the State money at least the first year. Factories have workers working for the BMW or Mercedes or any shit for free, for free.Workers work and the State pays the wages out of the State lean pockets on beghalf of the Owners! The sheer fun of the final ripoff!
NOW HA, KARL MARX IS TURNING IN HIS GRAVE! This is original capital accumulation for free going into private hands! Maybe he is laughing out loud, saying, ITOLD YOUSO! But, the Capital Formation/Accumulation is done by the so called “Public Entities” on behalf of the private owners which is a final ripoff.
But this is only the beginning….
This States of the former slaves majority who will be employed there as workforce and this was indeed Karl Marx writing about in his chapters about capital accumulation overseas and simil colonial stuff, but he never dared to even think this accumulation will go so far. And mind, not as a Legal “DEMOCRATIC” Procedure of Dispossession, ALSO see DAVID HARVEY:THE ‘NEW’ IMPERIALISM: ACCUMULATION BY DISPOSSESSION.
But this stuff is not happening abroad, it is happening in the center of the US Empire and is currently spreading into the Europe.
And the real story of the ripoff starts HERE:
This Mason Dixon and other US Federal States have in their Constitution the same schwartze nul clause as the German State has, maybe that is why German corporations love to make the “business” there: The State has to always break even and can not go in debt itself more than the taxes it collects! The schwabian housewife syndrome is already there in the wild west.
So the above mentioned States by giving all this stuff for free incur into debt and even faced bankruptcy as only the federal entity- the US Empire has the central bank to make fiat money and this Federal entity is not really obliged to bail out any of these Mason Dixon States.
By making this free capital accumulation for the private companies, The State has to issue debt- bonds. In order to repay this debt the State uses the PEOPLE TAXES which ARE MEANT for the PEOPLE NEEDS living there. Like; Schools, Hospitals, Universities, roads, State WELFARE FOR KIDS AND POOR, homes for elderly, subsidies for people needs like for small businesses or self employed, ETC, ETC, ETC hahaha,haha ha. Hop. This State has also to cut the existing services, staff and even put higher taxes on the physical persons- the people living there , all this in order to repay the debt because it gave the private firms the free capital accumulation. As for now, the new jobs income taxes never covered the capital accumulation made by the local State debt. This is really the cherry on the cake of the complete dispossession.
This State bonds- debt- bonds are bought by you know who, even maybe some guys in your Trump government which are getting appointed in this moment in time. Or by Black Rock, Vanguard or State Street? Hahhahhaha, which spend them for their profit as a famous and really huge “SURPLUS VALUE” by buying even more stuff and dispossessing more, this surplus value which was meant to be a capital accumulation tool of the mentioned BMW and Mercedes, who in meantime got their surplus value for free:!
The circle of the fake capital accumulation is concluded and as we see the Private owners- the Capitalist- do not need any more to make for themselves all the stages of the capital accumulation as the old story said. The Capital accumulation is all made on life support of the State and its Hilly billies- the residents-, mostly black some white and some Hispanic. It is not made only or prevalently by hoarding surplus value on the market sales margins and by exploitation of the workforce. Capital kick start and even maintenance, constant low or no taxes, tax breaks, extra boost free subsidies, is given for free by a Public BODY of ANY TYPE, State agencies, Public Bank grants free low interest subsidies with a long return , financial markets loans which derive from State debts- bonds. With no stake holder rights in return, just a christmass present to a private Capital as it should be.
Did Witchdoctor forget an important fact? There are no workers Unions in this places. They are strongly advised not to try, KKK or any brute force or bullying is legal to prevent the pay rise demands. So the capital accumulation keeps the old ways and practices and adds a ton of new ones to make “SURPLUS VALUE GREAT AGAIN “!
What about this- TECHNO FEUDALISM?
OK, this was Yanis Varufakis idea an a book, a good one.
But in these days, Witchdoctor has started to read again, after 50 years! Isaac
Asimov GALACTIC EMPIRE SERIES especially the “Currents of Space”.
Hm, what was this current in space which made Witchdoctor buy a new version of some of Isaac Asimov books and now he has double editions?
It was pure random stupidity to buy again and read again the books he already has?
And why exactly he reread especially this ones, after 50 years?
Ok, who knows how time goes and spacetime swirls, but the NOTION OF TECHNOFEUDALISM is there, in all this books. But, surpise, surprise, this stuff was written in… 1952!!!!
It is all there, the Vassal States/Planets, the Serfdom, the US Empire, the Elected Masters by lineage and brute force, the Fascist Autocracy evolving ino a Galactic Empire…. The wars and THE RADIOACTIVE PLANET EARTH which became radioactive because the locals made the last war, all way down into the mist of past mythical origin lost in oblivion of all this Galactic Empire and all Technofeudal structure with the best possible technology of all, all types of surveillance and mind control included.
Ok, who has read this ? Definitely all of the wannabee curent autocrats or their counselling lackeys who sold this prophetic Asimov stuff as the political program: And people bought it, together with the future possible nuclear radioactive Earth.
Did Yanis read it? Haha.
Musk has read it, or some of Trumps entourage of the 2025 plan definitely did.
But suddenly Witchdoctor remembered; the Space Analyst! He forgot about the space analyst as the space analyst forgot himself and his task in the book….
And he remembered; The definition was and is ; Space Analyst of Nothing! The guy who analyses the Currents of Space, the guy who checks and makes projections….
You know- analysing Nothing- Witchdoctor hobby.