Banks don’t actually lend out people’s savings. When they create loans, they create that money out of thin air. And fractional reserve banking (A.K.A. the “money multiplier”) is a myth.
The first step is to understand the media, which Media Bias/Fact Check and the Ad Fontes Media* are never going to teach you. The only people who are taught it are those who get degrees in marketing, public relations, political science, history, and journalism; and even then only some of them.
The new post-Trump/“post-truth” media literacy curricula won’t teach it to you either, because it was paid for and crafted by the US military-industrial complex: New Media Literacy Standards Aim to Combat ‘Truth Decay’.
This week, the RAND Corporation released a new set of media literacy standards designed to support schools in this task.
The standards are part of RAND’s ongoing project on “truth decay”: a phenomenon that RAND researchers describe as “the diminishing role that facts, data, and analysis play in our political and civic discourse.”
None of it is a secret, though, and it can be learned.
* I’ve criticized MBFC & Ad Fontes before:
Navalny was seen as a hero by US liberals, because that’s how the Council on Foreign Relations and the National Endowment for Democracy wanted them to see him, so that’s how US corporate media portrayed him.
This government intrusion is brought to you by Surfshark.
Democrat/Liberal candidate’s slogan was “they go low, we go high.”
The thing is, this is largely kayfabe. The Democrats aren’t that dumb: they lose on purpose. It’s a big good cop, bad cop club, and you ain’t in it. Recent blatant examples under the Biden administration:
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The Democratic Party's deceitful game They are willing to bravely support any progressive bill as long as there's no chance it can pass
The primary tactic in this game is Villain Rotation. They always have a handful of Democratic Senators announce that they will be the ones to deviate this time from the ostensible party position and impede success, but the designated Villain constantly shifts, so the Party itself can claim it supports these measures while an always-changing handful of their members invariably prevent it.
You strike me as someone who would have written a hit piece on Marx for profiting from British imperialism and his capitalist buddy Engels
I don’t why you’d have that impression, but you guessed wrong.
Can someone be a landlord and a communist at the same time?
It’s a red flag. At the highest level this boils down to whether that someone is consistently a traitor to their class.
In my estimation Engels was consistent.
his drinking habits to make clear that he is an immature mind
How are you deciding I would think anything like that from what little you know about me? Very strange assumptions.
Okay, Holden Caulfield, best of luck with your own personal, non-phony, left-libertarian revolution.
Others have already given adequate answers, but another angle from which to view the US is as the very core of the imperial core. You can’t maintain that level of global imperialism and a kayfabe democracy at the same time without massive amounts of propaganda and the suppression of any effective left-wing organizing. The most impressive part is that most USians don’t think they’re even being propagandized.
We apparently read different articles. I bet you didn’t even read it.
invests no proper effort to do what actual communists like Marx and Lenin did
😂
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No one knows the compatible left better than Rockhill, because he did his graduate work under some of them, namely Derrida & Badiou.
This is a fundamentally different thing. When you go to pay the fees they charge you, you don’t get to create that money out of thin air.