John McMurtry - "Social State" versus "Corporate State": FROM EUROPEAN FASCISM TO "GLOBAL MONEY-SEQUENCE ABSOLUTISM"
April 23, 2012 This essay is Part X of Prof John McMurtry's "The Undeclared World War, Human Rights versus Corporate Rights"
Corporate-system drivers of “deregulation”, “privatization” and “lower taxes” lead reversals of civil commons evolution. When 70% of France supports the strikes against raising the public pension age in the Fall of 2010, resistance to the totalizing private-profit agenda grounds in the civil commons. Yet even as they are again attacked in Italy and Greece to pay private banks and bond issuers a year later, France’s uprising dissolves from view. More profoundly, Argentina’s’ triumphant default on the very same debt as Greece in 2002 is erased from public choice space. Any example of regaining the real economy from the money-sequence party is silenced – but the unspoken Latin American revolution from Argentina’s historic default carries on. Once released from the debt-money clawhold in the face of the direst IMF threats, it regrouped its economy to public direction, spectacular agricultural productivity, capital and export controls, and world-leading reduction of poverty.
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