Political economy

Henry Charles Carey (December 15, 1793 – October 13, 1879) was an American publisher, political economist, and politician from Pennsylvania. He was the leading 19th-century economist of the American School and a chief economic adviser to U.S. President Abraham Lincoln and Secretary of the Treasury Salmon P. Chase during the American Civil War.

Carey's central work is The Harmony of Interests: Agricultural, Manufacturing, and Commercial (1851), which criticizes the system of laissez faire capitalism and free trade expounded by Thomas Malthus and David Ricardo in favor of the American System of developmentalism through the use of tariff protection and state intervention to encourage national self-sufficiency and unity.

The British system of FREE TRADE ECONOMY is imperial, colonial, and parasitic.

RFK Jr. says that in 1971 the financial sector accounted for 10% of total U.S. corporate output, 41% in 2000, and now it is over 60%. Since they produce nothing, they act as a pump that sucks wealth out of the population.

He also said that in the last 25 years, the US has spent $8 trillion tearing down schools, hospitals, bridges around the world, while at the same time China has spent $2 trillion building infrastructure around the world.

In 1970, in the US, people retired at 50, only men worked, today both men and women have to work, and people retire at 65.

In 1985, in Britain, it took 2 average annual salaries to buy an average home, today it takes 10 average annual salaries.

What has changed from 1985 to today? Computers and machines have replaced people - so we should be much richer, but we are not, on the contrary - we are much poorer. Elon Musk says that the entire system is designed to the detriment of people, and that the solution does not exist within the matrix.

The US built 5 ships in 2024, China 1800. Production was transferred to China for profit, but profit should not be the only factor in the economy - the development of society should come first.

In the last 30 years, China has lifted 850 million people out of poverty. Professor Richard Wolff explains why the US does not have high-speed railways, and China has 50 thousand kilometers: because they are not profitable on a micro level. But they are on a macro level.

Professor Wolff explains that the Chinese economy is a hybrid of private and state-owned enterprises. Private ones are owned by the US, Europe, Japan and China, and care only about profit, while state-owned enterprises care about the development of society.

The main secret of China's success is the Renminbi - the currency for domestic trade. In this way, it protects society from debt slavery to the IMF, the World Bank and foreign banks.

Just like China, Russia has the Ruble for domestic trade. The Russian Federation distributes apartments to young people for free, gives land and machinery to farmers for free, and non-refundable incentives to entrepreneurs.

Alex Krainer says that the ancient Egyptians and Aztecs did not use money to exchange goods and services, but had social bookkeeping. In Germany, 70% of banks operated without profit, they gave loans for 100 years and free advice to entrepreneurs. The ECB is now banning these banks. Germany was the first exporter in the world and the third largest economy in the world. Today is the sixth. The Anglo-Saxons destroyed their Nord Stream and forced them to close all nuclear power plants. Now they buy 6 times more expensive energy from the USA.

Yugoslavia (I am not abolishing the dictator and murderer Tito) used to give out apartments for free, banks worked without profit, foreign banks and retail chains were forbidden to do business. Renault, Opel, Citroen, Mercedes and Volkswagen produced vehicles within Yugoslavia. Yugoslavia imported only 5% of products. Karino Hromin Sturm says that Yugoslavia had 98% middle class, today Croatia has 13% middle class and 2% rich.

Libya used to have the same economic model, Iran still has it today.

When young people in Croatia buy an apartment, which is extremely expensive, they have to buy one apartment for themselves and one from a foreign bank, which is absurd. Bechtel, a company with 10 employees, built a highway for us from Zagreb to Rijeka and Split. Our companies designed it, our companies built it, and we will pay Bechtel for it for the next 50 years, which is absurd. Another absurdity is that not a single gram of iron from the Sisak and Split steelworks was built into the highways.

The share price of Zagrebacka (read UniCredit) Bank has increased 30 times in the last 30 years. At the same time, the Croatian economy is disappearing. Entrepreneurs in Croatia are forced to take out unfavourable loans, and the state is acting as a service to foreign banks, instead of as a service to its own citizens.

Admiral Domazet Lošo wrote the book Croatian Geopolitical Strategy in the 21st Century or the Croatian Pendulum. But our politicians are not interested in strategy. They are interested in tactics. And the tactic is a soil where all pigs dig.

In 2018, Cobra was asked if a pro-Western government would be good for Iran, and he replied: "there would be more some freedoms, but their standard of living would decrease 3 times, and the standard of living is still the main factor of freedom."