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  THE MYTH OF CAPIT AL Part one MOR AL SENTIMENTS: ADAM SMITH and the HIDDEN HAND “In treating of political economy, the science which professes to display and to teach means of increasing the wealth of a state, it would seem that the first and most anxious object of inquiry ought to have been, what wealth is, and from what sources mankind derive it ; for it appears impossible to discuss with precision the means of increasing anything, without an accurate notion of its nature and of its origin,”  Earl of Lauderdale [  An Inqui ry into the Natu re and O rigin o f Public Wealth,1804 2nd ed., pp. 112- 113.] When one sets out to answer the question “what is capital,” and then, further to it, “what is capitalism,” the enquirer is quickly and inevitably confronted with the name “Adam Smith.” No other writer, excet erhas for his suosed antithesis, !arl "arx, is invoked so re#ularly as  bein# of such seminal imort to the study of those two terms, as the Scotsman who held forth in the later art of the $%&th on the sub'ects of land, labor, capital , and the #eneration of wealth from the emloyment of their roduction in trade. (n the introduction)reamble to this series the lace these two words * capital &capitalism  * occuy in the occiden tal mindset was identified as bein# that of a mythology reified into a moral  rincile, defended and 'ustified by suosed +natural laws revealed throu#h the alication of ‘reason’  and ‘science’  to the study of mankinds economic life. -his veneer of theoretical reasoning  which the newly created disciline of olitical economy conveniently rovided the $%th occidental /eit#eist made the creation and accumulation of capital a stand in for the  roduction and distribution of wealth * somethin# which all functional societies require to maintain balance and cohesion. -his subtle yet funda mental alteration of the drivin# force of society and its institutions has occurred via money0 what was once a neutral device desi#ned to facilitate trade 1 transaction between eoles became somehow the object of trade itself. (n the  rocess, #reat confusion over the meanin# of capital * what it really is, and how it is best emloyed * has been urosely sread. Adam Smiths le#acy as the ori#inator of what would become ‘economics’  is as much a myth as any other art of the fabricated historical roduction with which the occidental world has clothed its eriod of ascendancy over #lobal civili/ation. 2nly now, at the time when that eriod is into the last sta#es of its wanin# does it even rove ossible to investi#ate and define the many strands of this cloak of deceit for exactly what it is * a suite of myths which have rendered our

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Adam Smith and the 'hidden hand'

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Page 1: Moral Sentiments

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 THE MYTH OF CAPITAL

Part one

MORAL SENTIMENTS: ADAM SMITH and the HIDDENHAND

“In treating of political economy, the science which professes

to display and to teach means of increasing the wealth of a

state, it would seem that the first and most anxious object of 

inquiry ought to have been, what wealth is, and from what

sources mankind derive it ; for it appears impossible to discuss

with precision the means of increasing anything, without an

accurate notion of its nature and of its origin,”  Earl of Lauderdale

[ An Inquiry into the Nature and Origin of Public Wealth,1804 2nd ed., pp. 112-

113.]

When one sets out to answer the question “what is capital,” and then, further to it, “what is

capitalism,” the enquirer is quickly and inevitably confronted with the name “Adam Smith.” No

other writer, excet erhas for his suosed antithesis, !arl "arx, is invoked so re#ularly as

 bein# of such seminal imort to the study of those two terms, as the Scotsman who held forth in

the later art of the $%&th on the sub'ects of land, labor, capital , and the #eneration of wealth

from the emloyment of their roduction in trade.

(n the introduction)reamble to this series the lace these two words * capital &capitalism *

occuy in the occidental mindset was identified as bein# that of a mythology reified into a moral

 rincile, defended and 'ustified by suosed +natural laws revealed throu#h the alication of

‘reason’  and ‘science’  to the study of mankinds economic life. -his veneer of theoretical

reasoning  which the newly created disciline of olitical economy conveniently rovided the

$%th occidental /eit#eist made the creation and accumulation of capital a stand in for the

 roduction and distribution of wealth * somethin# which all functional societies require to

maintain balance and cohesion. -his subtle yet fundamental alteration of the drivin# force of

society and its institutions has occurred via money0 what was once a neutral device desi#ned to

facilitate trade 1 transaction between eoles became somehow the object of trade itself. (n the

 rocess, #reat confusion over the meanin# of capital * what it really is, and how it is bestemloyed * has been urosely sread.

Adam Smiths le#acy as the ori#inator of what would become ‘economics’  is as much a myth as

any other art of the fabricated historical roduction with which the occidental world has clothed

its eriod of ascendancy over #lobal civili/ation. 2nly now, at the time when that eriod is into

the last sta#es of its wanin# does it even rove ossible to investi#ate and define the many

strands of this cloak of deceit for exactly what it is * a suite of myths which have rendered our

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understandin# of the ast, and our ability to navi#ate the resent and future, void of clarity. "uch

in contrast to the overridin# theme of “Era of the Enlightenment”  which infused Smiths

 ronouncements on ‘human nature,’  the ima#ined ‘progress’ of history has brou#ht neither

#reater freedom to mankind, nor #reater nobility of sirit, or even, it would increasin#ly seem,

any #reater sense of meanin# or leasure in the livin# of our lives. (n fact, it is the core ar#ument

of these a#es that far from bein# era of advancement 1 “reason” the +modern a#e, lookin#

 back, will be seen as an interre#num characteri/ed by irrational ursuits and a devolution of our

self understandin#3 brou#ht about by a concerted effort on the art of arties who interests are

inimical to our survival and well4bein#.

While mytholo#ies have their lace 1 urose in our lives 4 to #ive meanin# to and collective

reco#nition of otherwise disconnected individual human exerience3 this reification of caital

into somethin# suosedly above, beyond, and suerior to the mytholo#ical, bears all the telltale

si#ns of an effort to hide truth rather than to reveal it5 (ts now time to take a look at the means

 by which this ma#ic show was brou#ht off, and the ersons who were resonsible for its

 roduction. 6y so doin#, we will be able to re#ard fi#ures like Smith, "arx, and the rest of the

cast in this shadow4uet theatre in a far different * and more accurate * li#ht than that which

they have been reviously seen by.

-hou#h famous for his treatise “The Wealth of Nations,” Adam Smith much earlier

7%89:authored a book from which ( take the title for this se#ment * “Moral Sentiments.” (n it

he addresses the ‘sacred,’  which he osited to be a quality based uon the reco#nition of and

adherence to “ general rules” of human conduct. ;oubtless a reflection of his a#e * that of

‘Reason’ 4 Smiths definition of the sacred is humanistic. -hou#h still layin# li service to the

idea of <od, the theistic rincile is removed from active relationshi to the world of mankind.

Smiths most famous book is best known for the invention it contains re#ardin# the manner in

which the selfish ursuits of man make for a cosmic balance and social equilibrium via the

mysterious activity of markets3 what he called the +hidden hand. =ia this Deus ex machine any

trace of reverence for or even reference to the sublime, the hi#her realms of siritual life, or the

“Sureme 6ein#” became redundant0 the affairs of men were #overned and determined by their

economic concerns. -hus, the transition from the re4scientific a#e of #ods and mytholo#ical

forces was comleted by means of some reasonin# which rather than ne#ate “>i#her ?owers”

 er se, would simly leave them out of the equation. When a +moral hilosoher known for

esousin# suosedly +$hristian values of morality becomes the sokeserson of a cause

seekin# to advance a system that neutrali/es moral rinciles it behooves us to look at how andwhy this aradoxical inversion comes about.

-he time in which Smith was writin# his books was one in between the two “revolutions” *

@n#lands and then rance * best known for their elements of re#icide, and the sillin# of much

 blood in the name of +liberty, (n their aftermath, when !in#s had effectively ceded their owers

to +civilian #overnments, many new doctrines were bein# articulated, on the $ontinent and in

the Americas, centerin# on slo#ans such us justice, equality, and liberty for all. While

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commendable in theory, the back#round from which they srun# was that of a milieu of

societies, mystical systems and ma#ical traditions imorted from the @ast, and a raid transfer of

wealth and influence out of the hands of the formerly dominant landed classes to newly arisen

commercial and industrial interests ea#er to see #overnments resonsive to their desires.

-hus, while “liberty, equality, and the pursuit of happiness” were the ublic face of this eriodof transition, the covert #oal of the arties who funded and encoura#ed such slo#aneerin# wasone far different from the reali/ation of those values. As we have been taught  to take at face

value the storyline which best conceals the covert currents of history, we neither look for nor are

offered evaluations of that eriod which could hel us understand what was really #oin# on. As

?eter Sufford uts it, in the introduction to his classic study Money and its Use in Medieval

Europe, “ince historians ha!e generally found the pursuit of happiness hard to analyse and

chronicle, they ha!e concentrated rather on the other two principal preoccupations of the human

race, the pursuits of power and of wealth"”Smith was amon#st the first of those to attemt tosolve the +roblem of hainess by simly conflatin# its resence in our lives with the ursuit of 

wealth, and i#norin# the activity of those in ursuit of influence.

Suffords ithy analysis of the manner in which historians have deliberately truncated the study

of +human nature needs be amended in one way0 while ursuit of wealth 1 ower have indeed

 been the focus of orthodox history, the view of ower relations used to conduct such study has

 been too restrictive to make sense of what has #uided the motives of some of the ma'or actors inthat history. -he urose of our small study here is to release the sub'ect from that restricted

#a/e, in order to lay bare a fuller understandin# of key terms commonly used in olitical

economy3 alienation3 exloitation3oression3 etc. (nclusion of the full #amut of ourhuman exerience * not 'ust the material, but the siritual dimension of that exerience * is a

vital comonent of any +olitical economy because for millennia ower relations have been

defined not 'ust by what occurred in the urely economic asects of our lives, but also in the

more hidden, sychic asects, where theft, exroriation, maniulation and enslavement have all been #oin# on arallel to the material lanes on which those same themes have been layed out.

(ts no accident then, that the recurrence of oular interest in !ampirism, for examle, arrives at

the same oint in time where industriali/ation and financiali/ation of societies creates hi#h levels

of oressive disarity3 these hysical manifestations of exloitative ower relations tend to

mimic what takes lace on the sychic level of existence3. as overt exressions of a covert rocess by which ener#y 3 the root factor in all asects of our lives3 is stolen and)or misused

 by actors with the ower to exert control over others. "uch of or#ani/ed reli#ion is a screen onto

which these covert ower dynamics are layed, but in a distorted manner, so as to confuse us asto who and what are really oeratin# the levers of ower. -he recis of this essay is that the overt

exercise of ower which caitalism in action reresents is * contrary to its advertised messa#e *an occultic manifestation of yet another reli#ion cometin# for ower and influence via theactions of its adherents on the sta#e of history. -he identity of these actors, and the nature of their 

+reli#ion will not be a art of the discussion * for now 4 that must be ut aside for another time.

What matters of the moment is to disclose the resence of their hidden hand and the motivations

for the work which caitalism as a system advances.

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!"E#$%E

Since some of the drives most basic to the character of human bein#s are, as Sufford ointsout,‘hard to analyse’ 3 its easy to see that ‘analysts’ of human nature have simly chosen to

excise si#nificant ortions of their chosen sub'ect in favor of excusin# the inabilities of theirchosen techniques of analysis to fully examine the nature of the subject" @r#o, the +social

sciences, which retend to measure quantitative data in a way that can exlain our sub'ectivewishes and define our qualitative lives. -hat is the stuff of mytholo#y3 not science. With Adam

Smith and those who would follow in his footstes, we enter the Era of Fakelore"

Bichard ;awson was an American scholar of the mid $CDth, whose work centered uon the

study of how cultural tradition became transcribed into what we call ‘fol#lore,’ often in the

 rocess becomin# almost comletely altered from its ori#inal context and meanin#. (t was hewho invented the term fa#elore, in an article written in %E. >e much later defined that term as

+the misalication of sentimentali/ed and rettified tales and son#s for commercial advanta#e.

(t was in such sirit of inquiry that he looked into the myth of ?aul 6unyan, a storied Americanicon, writin# “&aul 'unyan in the News” for the ma#a/ine W@S-@BN 2F!F2B@ in %9G.

What stands out in the mythification of $umberjac# %aul &unyan affords us a #limse into the

wider alication of modern mythmakin# * as racticed by an army of ‘hidden hands’ ' at work

to make culture a rovince of commerce, and tradition a victim of caitalist revisionism. -hetransformation of the ori#inal character as created in the smoky lo# barracks of "idwestern

lo##ers * a trickster fi#ure who often defrauded his mates and made imossible claims 4 into an

iconic stron# man and hero of workin# class, is a study in how the world of our ancestors has been chan#ed to best suit the interests of those who re#ard everythin# in the ublic domain3

common natural resources, common culture, common values, as a otential source of rofit3 to

 be rivati/ed wherever ossible. Anthroolo#ist ;aniel >offman followed u on ;awsonsori#inal study, and in makin# a thorou#h review of all the literature, concluded that ?aul 6unyan

had come to reresent a olitical and economic hilosohy, in fact “turned into the mouthpiece

of a special pleading economic group"”

What Smith and other conscious inventors of the "yth of $aital were u to then bears a

remarkable resemblance to how >offman would come to define the term fakelore 4 “(he

manipulation of the mind through the use of traditional symbols"” -here is indeed no better termthan fakelore to succinctly describe the manner in which +caitalists have hired writers and

thinkers to advance their ro'ect of +caitalism by creatin# hony science out of human

tradition. >istory, economics, sociolo#y, and the rest of the social sciences are all the fields ofendeavor for this work of counterfeitin#, and the academics who labor in each of them are the

wittin# or unwittin# accomlices of those who would hide our own culture from us in order to

effectively achieve what "arx would describe as his real #oal 4 H(f  you can cut eole off  fr omtheir  histor y, they can be easily ersuaded.H Sadly, few understand that in seekin# to achieve that

dubious end, "arx was workin# on behalf of those caitalistic forces which we have been trained

to believe were his enemies3 instead of his bankrollers. Such is the deth of success which the

lon#standin# ro#ram of  fakelore has en'oyed5 -akin# traditional values common to our culture *the virtues of hard work, indeendence, and free tradin# between eole in a settin# of markets *

and transformin# them into an ideolo#y which overtly celebrates them whilst covertly invertin#

them was the essence of this transformation. Alon# the way, our real caital would become

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conflated with +money, and sequestered into a system which was desi#ned to maniulate that

symbolic item into the hands of a chosen few.

rom the +humanism of Smith to ;arwin to nihilism of "arx and Niet/sche is a strai#ht line 4*

via the theori/in# done by each and every one of the +social sciences develoed in order to ursue this rocess of myth makin# we are continuously tau#ht to believe in ‘stages’  of

develoment3 in secies, societies, and economies. -he same theori/in# 4osed as revelations

of ure science 4 also served to disconnect our articular secies from any siritual meanin# or

 urose * confrontin# us in its lace with a mechanistic and meanin#less universe which would

 become the revalent aradi#m of the ‘modern age’  3 an a#e in which mankind would be

exected to confront and solve every challen#e without the aid of any a#ency outside its own

 owers. So bound u in the mytholo#y of capital  and capitalism is this doctrine of progress that

it is imossible to review the myths built around the one without equally re#ardin# those

surroundin# the other. 2nly by many torturous reasonin#s do these ima#ined levels of ‘progress’  

even be#in to seem lausible, when considered ob'ectively. 6ut such is the wei#ht of effortalied to brin# about their accetance and inculcation that they have become the revalent

storyline wherever +caitalism is the dominant system.

T(E M)T( $ &%$*%ESS

-o question the myth of ‘progress’  is in fact to challen#e the entire suosition uon which our

chosen sub'ects are raised u and 'ustified as the ultimate out#rowth of mankinds advance * and

since that is exactly the purpose for which this series has been created  4 rerise of certain more

ancient historical eriods will form a arallel rIcis to that of this story. ?art -hree, "(J@;

S@N-("@N-S constructs a timeline and a viewoint without need for or belief in either  themyths of capital  or a myth of progress. -o comlement that ma'or deviation from the occidental

worldview, the second in this trio of offerin#s *"AB!@- S@N-("@N-S * ->@ B(S@ 2

=22;22 S$(@N$@ * examines the work of thinkers whose writin#s challen#ed 1 cometed

with the storyline of +caitalism before its comlete victory 4 in a study of suressed and

for#otten history. (n revious stories here, such as "usin#s, way that the forces of finance for#ed

their advances via the subsumation of art and artists to their ro#ram has been sketched out. -he

story of $arl !ellner demonstated the conver#ence of industry, science and the occult in the

clearest fashion. (n "arket Sentiments we will surely ay some attention to how the fa#elore of

reresentative #overnment and +democracy were created out of a similar sub'u#ation of the

 olitico4'udicial caste to its will, in the aftermath of Adam Smiths era of transition.

(t makes some sense, then, to take Adam Smith as wayoint from which to measure the timeline

of the +myth of capital’  as a dis#uised deification of the occultic in lace of other, deosed

“>i#her ?owers.” <oin# forwards from his oint in time, we see the quickenin# ace of the

 ro#ram by which we #et to the resent moment3 where everythin# +real *about +markets,

+money, +democracy, or even ourselves * has been abstracted into a sorry swam of ‘deri!ati!e’ 

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values. As $hristoher $ole uts itK “)hile it may be natural to conclude that the real economy

is sla!e to the shadow ban#ing system this is not a correct interpretation """ the higher concept is

that our economy *is* the shadow ban#ing system+ the mpire is gone and we are li!ing

ignorantly within the abstraction+ -odern financial mar#ets are a game of impossible objects"

 .n a world where global central ban#s manipulate the cost of ris# the mechanics of price

disco!ery ha!e disengaged from reality resulting in paradoxical expressions of !alue that should

not exist according to efficient mar#et theory" /ear and safety are now interchangeable in a

 speculati!e and high sta#es game.7 =olatility of an (mossible 2b'ect4 Artemis $aital

"ana#ement Beort 4 CD%C:”

-he careful reader will have already noticed that this trend towards #reater and #reater

abstraction 0  as embodied and emblemi/ed in the reonderance of financial devices which

trade without any actual concrete resence in the world outside of numbers * runs comletely

 arallel yet counter to the suosedly rational basis of the modern worlds conquest of our

material universe3 via its tool of scientific enquiry5 @ven as we retreat from material reality

into the virtual world of machined existence, we are inculcated with the notion that we are in

#reater touch with the ‘thingness of things’  via our technolo#ical suremacy. (t was 6audrillard

who ointed out that erhas the #reatest victory of fakelore has been to dress the technolo#y of

information in the cloth of +communication * “all contents of meaning are absorbed in the only

dominant form of the medium" 1nly the medium can ma#e an e!ent 0 whate!er the contents,

whether they are conformist or sub!ersi!e" 2 serious problem for all counterinformation, pirate

radios, antimedia, etc"” 3.“(hus the media are producers not of sociali3ation, but of exactly the

opposite, of the implosion of the social in the masses" 2nd this is only the macroscopic extension

of the implosion of meaning at the microscopic le!el of the sign"” # 9G Simulacra and

Simulation

-his is in fact no accident * rather, its a reflection of our /eit#eist as a +modern world, in which

thin#s are usides down, backwards, and in serious contradiction3 but no one ays any heed to

the dissonance so created3 it is incumbent uon ones articiation in that world to carry on in

silent acquiescence to an open conspiracy to remo!e the real from reality+" symboli3ing what

was once culture with the si#ns of culture+ symboli3ing what was once roduction of #oods and

services with the si#ns of #oods and services.  While this occurs on multile levels of our

existence, since our focus is on the economic one here, it is there where we will look deeer into

the lon# term ro'ect which Adam Smiths work formed a key art of.

(f we return to the sub'ect of this mythification of caital with >offmans definition in mind 4

“(he manipulation of the mind through the use of traditional symbols"” we #et a clearer icture

of the rocess of fakeloric substitution by which caital #radually chan#es in meanin# and in

substance3. the imortant asects of our lives which anchor us to reality seem to stay the

same3yet they have left us, relaced by their symbols, like a made in $hina olyester $hristmas

tree. (t is this transition from cultural to fakeloric which catches the attention of the enquirer into

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the nature and urose of “capital.” (n the classical schools of economic thou#ht that would

come to treat Adam Smith as an iconic fi#ure, caital is re#arded as bein#, alon#side land  and

labor , the rincial ‘factor of production’  by which humans achieve both wealth and a

 uroseful existence. Lnder this scheme of thin#s, common to all modern theorists on the

sub'ect, whether “left” or “ri#ht,” everythin# outside of those three qualities would become an

“intan#ible”4 conveniently remote therefore, to what needs be studied in order to #ras the nature

of mans motivations and drives. As such, Smiths actual le#acy is that of a brid#e from the

world of the ancients, whose constant re4occuation with discoverin# the “di!ine laws” by

which mans conduct was #overned * as #iven forth by the +>i#her ?owers * to the world of the

desacrali/ed “modernity,” in which the laws of “science” imose themselves onto our lives as

 general rules 'ust as unquestionable as those of the “Sureme ;eity” were to men of re4

modernity.

Muite correctly then, Smiths name is commonly counter4osed with that of "arx, because

throu#h his transosition of the rules of conduct from the sacred erformance of duties leasin#to “<od” to those imosed by the +hidden hand of market forces this rofessed $hristiantheolo#ian and ;eist of the $%&th becomes the link to the rofessed Satanist and chief

theoretician of the >e#elian“Dialectical -aterialism” of the $%th. $reatin# new “laws”

#overnin# our +economic lives would become therefore the work a new riestly caste * whoraised themselves u under the banner of “science” to be disciles of an academic reli#ion in no

way different than reli#ions of the ast3 funded, indeed, in their ursuit of theoretical +laws by

the same shadowy financial ower which had worked their ma#ic of debt usury from within thetemles of ast times5

-he work done by ennifer Fake in her Temples of Science series does much to connect the u//le ieces by which this conversion of reli#ion takes lace, outlinin# how ersonalities

common to both bankin# and finance show u in the ro'ect of militari/in# hysics, medicine,

and finance itself, makin# of them all otential weaons of mass destruction. 6ut further dotconnectin# is still needed in underlinin# the irrational, reli#ious, and metahysical doctrines

underinnin# all these suosed manifestations of rational technolo#ical discovery.

#!'$%!%E EST $%!%E

2f course Smith was not alone in this ro'ect to redirect social values in a manner favorable to

the interests of the commercial classes * a small but emer#in# art of @uroean society which

had desi#ns of its own uon the ower and rivile#e of the landed #entry. >e was but art of acontinuum of thinkers which from ohn Focke throu#h to >ume, and then the Scottish

@nli#htenment circle of which he himself was a member, whose emhasis would be uon theconnections between individual liberty, rivate roerty and the sanctity of both work and

savin#. (t was the ro'ect of creatin# a moral 'ustification for the emer#ence of a market4directed

society that ties these ersons to#ether. (n his insi#htful The &sychocultural 'ac+round of

!dam Smith-s Theory of alue Walter Weisskof drew to#ether these strands of thou#ht to

show how the ro#ression from -homas Aquinas aolo#ia for debt)interest)usury to the

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?rotestant revolution of $alvin and Futher would create the conditions whereby those $%8th and

$%&th hilosohers would #radually shift the meanin# of work from bein# “for <ods #lory,” to

the sanctified ursuit of #ain3 whereby labor creates value, and needs be rewarded viaaccumulation of rofits3 the ursuit of which, becomes, via Smith, the natural inclination of

mankind.

!#/(EM0STS !N1 NE/%$M!N/E%S

-he be#innin#s of this new reli#ion of scientific humanism3 mere Fuciferian 6aal worshi ofthe 4olden 5alf  dressed in new clothin#3emer#e in the $%Gth @uroean quest for the

alchemical +?hilosohers Stone. -he transfer of rancis 6acons vision of Novum 2r#anum to

the “new world” colonies had brou#ht about the conditions for a “New Atlantis” in which to

manifest all these ancient fantasies of ower #enerated a new intensity of conviction that * viathe #eneration of “caital” in the alchemists for#e, the ri#htful heirs of 6abylonian and @#ytian

ma#ical tradition could sli themselves into lace as the rulers of society.

-hey formed ‘secret societies, oured over the records of >ermetic and !abbalistic tracts insearch of the keys to invokin# dark forces, all the while advocatin# strenuously for a new,

materialistic or HhumanistH science that denied the existence of the soul. "ost of them were

either hacks, as the case of (saac Newton shows, or mere necromancers, such as ohn ;ee3communicatin# with sirits while formin# fanciful notions of the hysical universe. 6ut such

was the ower of the already emer#in# social medias of that a#e, and the oinion4makers that

already shaed societies thou#hts, that these dubious characters were made into le#endary

 ioneers of our scientific society of modern times. >idin# the true meanin# and #oals of theircabal behind a smokescreen of technolo#ical advancement which suosedly would brin# better

times for all of mankind in its wake, these athetic yet dan#erous dues would emer#e, with the

 backin# of the traditional money ower, as arbitrators of our future3 and desecrators of our birthri#hts.

(n a universe formed of dead matter in which substance in the form of solid sheres raced aboutwithout aim or si#nificance, and hysical death marked the end of all exerience, it was easy for

these financial owers to #o about their business of #ainin# control of the ublic and rivate

economies both. (n a world stried of siritual meanin#, the ursuits of science would min#leand co'oin with the ursuits of rofit, until, in our modern a#e, they would become one and the

same, in the interlockin# directors dictatorshi of military4industrial4a#ro4harmaceutical

corora4fascism we deem to olitely call ‘western democracy,’  and re#ard as the innacle of

human achievement5

or most readers, it will be somethin# of a stretch to ima#ine that Smith, Bicardo, and the others

of the “classical” school of economics share with "arx and the socialists a continuum of urose * buildin# the myth“capitalism” 4 which ultimately manifests in a system which swallows all

oosites in its neverendin# quest to monooli/e both wealth and the human ima#ination. 6ut

 behind the veil of illusion which comlicit academia and media hirelin#s have laced over ourhistory, that is exactly what the evidence oints to5

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-hanks to the efforts of scholars like $arl Wennerlind, we can trace the mechanics of this

con'unction of science, hilosohy, ma#ic, and monooly finance caitals from the be#innin#s of 

the modern era. (n his book /asualities of /redit Wennerlind outlines the exact names and

 ersonalities of this financial revolution* and how their disarate interests are brou#ht to#ether

via the quest to increase the suly of currency * #olden visions of credit based money creation

#radually relacin# the failed quest of the alchemist to create wealth out of dross material.

“the same social reformers who had pursued alchemical transmutations switched their attentionto the promotion of a generally circulating credit currency, authoring some of the first proposals

 for such a currency" (he similarity between alchemy and credit was far from lost on them, with

one person suggesting that a well'functioning ban# is6

‘5apable of multiplying the stoc# of the 7ation, for as much as concernes trading in .nfinitum6

 .n breife, it is the lixir or %hilosophers tone"’”

Lnder the smokescreen of olitical revolutions like that of $%8th @n#land then, these financialrevolutions would transform all of @uroe from #od4fearin# !in#doms into satraies of a money

 ower driven by the same worshi of dark forces which its antecedents in antiquity had

followed. All that chan#es via Smith and the latter day aolo#ists of his tradition is that this

 rocess of embe//lement is #iven moral 'ustification and a veneer of social beneficence with

which to dis#uise the malevolent reality. (n contrast to the orthodox storyline of our invented and

 fa#eloric  history, the true story of the “A#e of @nli#htenment” involves a cast of characters like

“Sir $harles” ;ashwood, one of the founders of the >ellfire $lub, infamous for its satanic

masses and edohilic child abuse and sacrifice, who was both @n#lands financial c/ar as

$hancellor of the @xchequer and a friend of a similarly4minded occultist, 6en ranklin, 4 art of

a community of interest which would seek to imose similar occultic values over the “new

world” of the Americas.

(n art -wo, M!%"ET SENT0MENTS 2 T(E %0SE $ $$1$$ S/0EN/E the creation

of a hony oosition to the sequestration of social wealth will be examined, as the next ma'or

sta#e of develoment in this dulicitous camai#n. -he banker4funded “communist” revolutions

and railroad4funded American universities will come into view as tools by which to eliminate thereal oonents of the cabal, and to indoctrinate subsequent #enerations in the new foundation4

aroved “#eneral education” desi#ned secifically to terminate free4thinkin# and the emirical

investi#ation of our world.

"arx saw the stratification of society into continuously warrin# labor versus caital as a useful

tool in the mobili/ation of the +workin# classes into a force which would overthrow society. >is#oal was the destruction of the western culture, not emanciation of the oor and oressed. -his

comes throu#h clearly in his own writin#s, rior to his bein# chosen by "oses >ess to lead a

culture war a#ainst “$hristendom.” (n these writin#s, he avows his alle#iance to the satanic, to

destruction as a value in itself, and seeks ven#eance uon “<od.” or all those reasons, he was a

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 erfect foil for those social forces which sou#ht to turn back the challen#e to their bur#eonin#

 ower and wealth. 2n the continent, this challen#e came via the writin#s of ?ierre4oseh

?roudhon, in the Americas, from those of >enry <eor#e. 6oth saw the rent4seekin# sequestrationof land and caital by those whose wealth was +unearned by their labor as the basis of social

disharmony and economic disarity. 6y /eroin# in on this inherent contradiction to the +labor

theory of value above described * urosely overlooked and avoided by the rest of the economicwriters, ?roudhon and <eor#e were the #reatest threats to the moneyower in the $%th, much

more than those suosedly antithetical forces of +socialism and +communism. -his shows itself 

as true by the manner in which the hired #uns of the voodoo science resonded.

=ia the bo#us theori/in# of ‘the dismal science,’  we have been tricked into believin# that

economic matters stand searate from, and even suerior to those of culture 3a deceit which has

had the ironic effect of damenin# both+free enterrise, and the ursuit of hainess 4 which isan unquantifiable ur#e that imels human bein#s and therefore outside the concetion and

control of such shallow materialist reasonin#s. As history roves out, what the bankrollers of the

new !oodoo science of economics really sou#ht was to have a free hand in movin# the caital

acquired by monoolistic device7such as the @ast (ndia $omany, for instance:into land3 bymeans of which they could become rentiers who rofited from the interest thereof3 comletely

without effort4 e#. ‘labor’  of any kind5 So comletely has the aradi#m of debt)interest)usury+caitalism been allowed to infect and deform societies the world over, such that those who

labor least are #ranted the #reatest reward. (t should #o without sayin# this a comlete inversion

of the suosed formula enned by Smith, in which work was suosed to #rant the moral#rounds for the rivile#e of endless accumulation of wealth.

!*ENTS $ CHA!E 

Seen from this viewoint, the role of Adam Smith in the #rand scheme of thin#s3 one which

ima#ines there to be more +chance in the develoment of these interlockin# theories and social

 hilosohies which srin# out of the @uroean “@nli#htenment”3 is that of an a#ent of socialchan#e * every bit as much as the one credited to the acobin elements stirrin# u the fires of

revolution in rance, or the more occultic but equally driven @n#lish #entry with their “>ellfire

$lub,” "asonic secret societies, and kabbalistic Bosicrucian mysticisms. =ia the +false frontfaOade of +reason and +science enablers such as Smith ave the way for conquest by comletely

+irrational and +ma#ical currents of the mainstream of @uroean culture, which will drive the

course of western3 and therefore, #lobal3 civili/ation increasin#ly towards the rocks of its

doom. Whereas, in %8GD, it is still necessary in be#innin# the activation of these currents toaeal to “moral sentiments,” in the aftermath of the bloody revolutionary utsch in rance it

 becomes more and more ossible to dro the mask of morality, and with the work of 6entham

and other more utilitarian minds, roceed towards the unveilin# of the new era of self4created Niet/schean suerman sulantin# all forms of ;eity and morality.

As the story of !arl "arx himself bears out, the cou of the “2ge of nlightenment” was nota#ainst religion er se* rather it was it was the removal of one form of reli#ious sentiment7the

Abrahamic one:and its relacement by another7the Satanic, or “Fuciferian one:. 6ehind the

smokescreen of suosedly secular4driven modern values of humanism was an archaic, ma#ic4

 based system of worshi, entirely anti4human in essence, bein# laced so #radually over the

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ruins of the +#od4dfearin# nations of the occident as to be entirely invisible to its intended

victims. @ven the advent of the inverted morality of Aleister $rowley in the early $CDth faied to

 rovoke much notice, let alone rotest * avin# the ath for the ultimate and overt redation andde#radation of Aquino, ;utrux, and the mind4controllin# child raists subsidi/ed and suorted

 by the secret security or#ans of all the ma'or western owers by the later art of that same

century.

-he role of +moral philosophers’  such as Adam Smith in this occultic camai#n has never been

 roerly considered. -his story may #o some small way towards correctin# the record, whilstriin# off the mask of +rationalistic science which covers over the true face of our occultic and

irrational modern a#e, with its necromantic symbols and si#ils by which the world has been

hynoti/ed into a comliant accetance. As another famous “moral hilosoher” said lon#, lon#

a#o, 8igns and symbols control the world, not phrases and laws,8   $onfucius 799%4E8 6$:.