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Letter to: Tim Hobden. The Western Morning News Plymouth
Capitalism
9th December, 2006
Dear Mr Hobden
When brother and sister purchase two buses to start a business,
and 25 years
later are awarded £96 million as a parting gift, we get a
sharp reminder of
how Capitalism works. Obviously the business created from two buses
did not
earn the £400 million out of which the £96 million was
paid.
Along the road, credit would have been lavished on the business,
by those
willing to rely on placing profitable bets, for a living. Huge gambles
which
paid-up off, time and time again to build the business into No.
163 on the
rich list. If we are interested in understanding how Capitalism
can acquire
enormous wealth without putting any exchange into the system, then
here is a
good example of the process.
Any form of gambling is a method of cheating the other or others
out of
their money, without having to give them anything in exchange. This
method
of robbing people is perfectly legal, encouraged by the Government
and
worshiped by the people who get robbed. It is a form of Capitalism
beloved
by the Socialist.
Out exchange is the modus operandi of the whole of the Square Mile
of the
City of London. There money is used for the wrong purpose, not as
a means of
exchange, but as a means of acquiring wealth with no exchange. And
all
because, we have never had a definition of money.
Money cannot be correctly defined without knowing its purpose. If
money is
not fit for purpose, money can be used for very evil purposes.
Great Britain became the richest little island in the world by
the use of
the most evil of all forms of out exchange the slave trade. In the
year
2006 the slave trade looks very different. But is no less evil.
We enslave
poor people with debts. We create a shortage of money and use that
shortage
to seduce people into debt by “giving” them credit instead
of money.
That is a very nasty abuse of money, which stems from not fit for
purpose,
engineered by redefining money as credit. We then see that money
men inherit
the earth.
Doctor Edward C Hamlyn MBChB
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