Capitalist systems use money as the main element of power. The more money you own, the more influence you have.
In particular, purchasing power can be employed to make a political assertion when wealthy individuals use their wealth to hold positions in the corridors of power and influence through attending exclusive private schools, social clubs , or social events that enable them to meet with other people with the same desires.
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Control of the political system is also possible through the wealthy through a financial investment that provides those who are in charge with favorable views, by using marketing and PR campaigns to change public perceptions to their advantage or by forming pressure groups that influence the political process directly.
The phenomenon is usually referred to as corporate lobbying, nepotism, corruption, cronyism, or the old boys’ club’. However, all these phrases refer to the same behaviour.
This is because people with a lot of money are able to build societies that are in line with their needs.
This is apparent in the Koch brothers as well as the Mercer families Examples.
Charles and David Koch, American billionaires are the main owners of America’s second largest privately-owned company.
Their families, as well as a variety of wealthy donors have invested hundreds of millions (probably hundreds of billions) to establish committees and think tanks to support the policies of the Koch brothers that includes low taxes as well as deregulation and a reduction in environmental protections.
The Mercer family is a significant contributor to right-wing think tanks as well as newspapers in the USA as well as Breitbart News and the Heritage Foundation.
The Open Societies Foundation was founded by George Soros, a Hungarian billionaire. It is believed that he have donated more than $32 billion to the foundation since its beginning. George Soros is a bad reputation for a lot of conservative European as well as American politicians due to his assistance to asylum seekers from Western countries as well as its advocacy for immigrants who are legal to gain citizenship in the USA.
“The The Strong Will Do Anything They Can Do, while the weak will accept anything they must Accept” — Thucydides. The Melian Dialogue
Sometimes, the military’s power is paired with the idea of financial power being utilized to further their own goals.
Consider the United Fruit Company as an illustration. The rulers of Latin America ensured that the United Fruit Company had a favorable business environment. This enabled the company to set up profitable business operations throughout Latin America before World War II.
In 1944, United Fruit experienced difficulties in Guatemala which was one of their largest bases. A popular uprising ensued, Jorge Ubico (the Guatemalan President) was a dictator who close to US interests and a fervent advocate of the United Fruit Company was deposed.
In the ten years following Many of the presidents who were a follower of Ubico took land reform measures which returned vast swathes of land belonging to United Fruit to the Guatemalan people.
The United Fruit Company was fed up in 1954 and began soliciting the American government to take actions. Because the majority of Dwight D. Eisenhower’s staff members had relations with United Fruit, they were willing to help.
The CIA orchestrated an attempted coup in Guatemala which overthrew the elected president and replaced him with an unfriendly dictator. This resulted in four years of civil war between Guatemala’s most disadvantaged and a succession of American-backed dictators, which left over thousands of people dead.
In the month of March, 1999 the US President Bill Clinton apologized to Guatemala for the atrocities committed by dictatorships backed by the US. He said that it was crucial to ensure that the United States clearly state that they would not be supporting troops or intelligence groups who engaged in violence or massive repression.
Guatemala is not the only instance. It’s hard to comprehend the magnitude of the devastation and bloodshed that the United Fruit Company, along with its powerful allies in the government and military caused in a variety of Latin American countries.
A few years ago, it was not too far away from home
The examples of corporations being militarily and politically active is not restricted to the decades-old Latin American states.
In the case of Harold Wilson, the British Prime Minister, a number of high-ranking British military officers and other political leaders plotted for years to establish the coalition government of their own.
Many people believe this is a bizarre conspiracy. However, Peter Wright, a whistleblower with MI5 verified the conspiracy in Spycatcher. The book was banned in England following its release in 1987.
Hugh Cudlipp (ex-editor of the Daily Mirror) and Brian Crozier (ex-intelligence officer) are the other two individuals who have confirmed the plot of Wilson.
The theory of conspiracy is that they were thinking of one particular person who would lead the government that was not elected. It was Lord Mountbatten who was a cousin both of Queen Elizabeth as well as Prince Phillip.
Patrick Sawer is a Senior News Reporter for The Daily Telegraph. He wrote:
Lord Mountbatten was a dangerously close candidate for the industrialist cabal, generals and tycoons planning a coup against a Labour government. Mountbatten and his conspirators believed that 1968 was the year of national crisis. The plan was to remove Harold Wilson as Prime Minister by forming a coalition government.
The events were featured in Season 3 Episode 5 on The Crown TV show The Crown. The episode was appropriately called “Coup”.
In the USA the United States, a similar plot was developed in the year 1933.
Franklin Delano Roosevelt was elected. He had pledged to end the gold standard and to implement a set of economic policies that were left-leaning and were later referred to as the “New Deal”. The powerful magnates who controlled big corporations such as Chase Bank, Standard Oil and General Motors conspired with other corporations like Goodyear, Standard Oil, Standard Oil, General Motors and Goodyear to form an army of private soldiers that could reach half a billion veterans of the military to take over Roosevelt and establish a fascist dictatorship.
The plot was dubbed the “Business Plot” and the conspirators sought Major Gen. Smedley Butler, a 34-year veteran of the US Marine Corps who was at the time the highest-ranked Marine in US history and was appointed to head their private army.
Butler was unhappy with his experience in the US military and was unable to participate in the plot. Butler also testified on the issue in the United States House of Representatives in 1934.
Despite Congress concluding that they could verify all of Butler’s claims however, no one was arrested or convicted. None of the major people involved in the plot was required to testify in front of Congress.
Smedley Butler published a book entitled War Is A Racket shortly after. The book’s summary reads:
War is an act of racket. It’s been for a long time. It is the longest-running most lucrative, the highest-profitable, and definitely the most brutal. It is the sole international version. It’s the only one in which the profit is determined in dollars, as are the lives lost are measured in dollars. Rackets are, to me something that’s not the way it appears to the vast majority of people. There is a tiny number of “insiders” who understand the nature of. This is done to the benefit of and at the cost to the affluent. Some individuals earn huge fortunes through the war.