I Finance The Current Thing

“I, the greengrocer, XY, live here and I know what I must do. I behave in the manner expected of me. I can be depended upon and am beyond reproach. I am obedient and therefore I have the right to be left in peace.”

Finance as it exists today is a chokepoint for extra-legal and supra-democratic political attack, in the sense of activists pushing high-modernist agendas via the absolute practical necessity for corporations to have at least a commercial bank, if not access to capital markets. The looming threat of regulators, goliath capital “allocators,” or even individual banks cutting off corporations from the ability to finance themselves — with artificially cheap, politically preferential capital or otherwise — is why multinational corporations virtue signal for LGBTQ+ rights in the United Kingdom but dare not do so in Saudi Arabia, and for Black Lives Matter in the United States but conveniently ignore slave labor and genocide in China.

The customer base of Nike, McDonald’s, or whoever, and the beneficiaries of assets managed by BlackRock, or whoever else, may or may not care about these causes. But this doesn’t matter: This is not a clumsy attempt at marketing. Or rather, it is, but the customer is the tax-collecting state, the operationally necessary rent-seeking banking cartel, and the social caste of narcissists that populate both ranks, rotating amongst roles, and from which the decision makers wish not to be excommunicated. It is very much not individual consumers or savers.

This is perhaps the cleanest way of describing how the merchant strikes back. Much of her financial necessities and actions will be entirely within her own control. She will return to a state of having only one customer: the customer.

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