Nov 19, 2023
Hanne Nabintu Herland's The Billionaire World: How Marxism serves the Elite (2023) is a vital book that will help you understand what is going on in the world today. It will also help you to defend capitalism against objections that are all-too-common today. Herland distinguishes two kinds of capitalism: real and fake. The real kind is a voluntary society, in which people trade goods and services with each other, and everybody benefits. The fake kind is one in which a few greedy billionaires use the state to gain power and privileges for themselves. These billionaires are willing to enslave humanity to gain their nefarious ends. Here is what Herland says about them: "In the West, the ultra-rich own almost everything. Private investment corporations such as Blackrock, Vanguard, Capital World, Fidelity Management, Berkshire Hathaway and State Street represent capital owners who own media companies, Big Tech, Big Pharma, the military complex, and the food industry. They also fund