Economics in the Service of Ideology By James Reed

     Here is something I did not know about Adam Smith, the founder of free market economics, beloved by conservatives: he was financed by a globalist of the time:
  https://www.zerohedge.com/geopolitical/geopolitics-epistemological-warfare-babylon-neocon

“Smith at Her Majesty’s Service
Do Smith’s modern followers sincerely believe in the “self-regulating forces of the free market”? Sure they do. Did Adam Smith actually believe in his own system? Whether he did or not, according to recent research conducted by historian Jeffrey Steinberg, Smith received his commission to compose his seminal book Wealth of Nations (published 1776) while riding with Lord Shelburne himself in a carriage ride from Edinburgh to London in 1763. The date 1776 is not a coincidence as this was the same Lord Shelburne who essentially managed the British Empire during the American Revolution and who always despised all colonial aspirations to use protective tariffs, emit productive credit or channel said credit towards internal improvements as Benjamin Franklin had championed in his 1729 Necessity of Paper Currency and Colonial Script. Why develop Industry, asked Smith, when the new “Law” of “absolute advantage” demanded that everyone just do what they are good at for the best price possible? America has a lot of land, so they should stick with agriculture and slave-driven cotton. Britain had a lot of industry (don’t ask how that happened because it wasn’t through free trade), so they should stick with that! India had advanced textiles, but Britain had to destroy that so that India could then have a lot of opium fields so she could do that… which China could then smoke to death under the watch of British Gunships. “Free Trade” demanded it so.”

 

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