Not much is ever really new in either economics or politics. So Italy’s nuovo Duce Mario Monte is retracing the footsteps of a man that he probably worships as one of his saintly heroes. Almost 90 years ago il primo Duce, Benito Mussolini, installed a certain Alberto De Stefani, a rather colorless and acerbic statistician, to sort out the Italian economy.
Today we would say that De Stefani, like Mario Monti, was a Friedmanite. This means a disciple of the nation-wrecking Chicago school of economics associated with its shark-fanged progenitor, the late Milton Friedman.
The Chicago School is a black hole of untrammeled capitalism explored to the ultimate boundaries, swallowing entire nations while stoking the forces of neofascism.
There is no record of a successful demonstration of Friedmanism, unless you rate the murder of the elected Chilean prime minister Salvador Allende, and destruction of both the economy and democracy in Chile in the 1970’s as some kind of success in a bleak obverse sense.
Il Duce Monti’s austerity program that just received rapturous applause from Italy’s so recently relegated politicians is such an exact copy of Alberto de Stefani’s miracle plan back in the 1920’s, the old boy might well have come back from the grave bearing the original tablet.
Lower taxes (for big companies, not ordinary individuals), liberalizing labor markets (lower pay for more work), all forms of government fiscal and business regulation back in the box.
Privatization, meaning redistribution of assets among existing players, at knock down prices? You bet. Cutting down on free state education, medical and social benefits? Bring it on.
Looking down from his celestial armchair, one can see old Milton waving and cheering his disciple on: Bellisimo, bellisimo! Avanti!
By 1925, Di Stefano’s great reforms hit the rocks. He clung to the ship, just about, but henceforth he was compelled to watch from the sidelines as the corporatists took the wheel.
Yet he left behind one brilliant idea. Among his many theories about money, Di Stefano thought too much of it was in the hands of ordinary people, who could not be relied upon to spend it properly.
So, he advocated coupons instead of ready cash as the daily commerce of the untermenschen.
Thus, isolating the masses from real money would not only pull the sting of inflation for all time but create a permanently strong lira circulating solely in the selected milieu of the fiscal markets and big business.
Does this sound anything like the Euro to you?
Mussolini balked. Yet if not with quite the same words, but nonetheless the same unmistakable meaning, this is exactly what Sgr Monti has just stated in the Italian Parliament.
Il Nuovo Duce wants a cashless society. He means of course a cashless greater society, or put another way, those 99% of Italians who are to be effectively demonetized, cut off from real cash and forced to make every transaction using bank or government denominated plastic. Or, as we see below, rationing points.
The intention, so says Italy’s new unelected ruler, is to capture the 20% of commerce which is conducted in the underground economy. Excuse my Italian, but this is puro palle.
The 20% to which the enlightened professor refers is that portion of the economy which is largely in the hands of criminal societies, like the Mafia.
They are not accustomed to paying taxes. They will not be selling crack on the streets of all Italy in exchange for Monopoly money.
Can you imagine the crack artists in Monti’s home city, Milan, handing out a neat little printed invoice for each transaction to every one of the city’s 140,000 reputed heroin addicts?
No, the real targets are Italians and their irritating, non-globalist habit of going ‘shopping’ in the true meaning of the word.
This means skirting the big chain supermarkets in favor of the small family-owned shops selling groceries, fresh fruit and vegetables, bread, cheese, meat, fish, cheap clothing, great containers of affordable table wine, what have you.
Italians turn up their noses at sterile hypermarkets (whose market share is per capita the lowest in Europe) because they are infuriatingly addicted to the graceful habit of parlere quando fanno shopping (restorative and invigorating chatter while out shopping).
Going to the local shops or the colorful street markets and treating it as a social experience is an intrinsic element of Italian life and character, but it’s no good at all for the globalists who regard our private lives and customs as their disposable properties.
Of course Il Duce Monti has never met any ordinary Italians at his glittering pay-as-you-learn Bocconi private university in Milan (a mere snip at €14,500 per annum), crammed as that is by the pampered offspring of the bourgeoisie.
It is their privileged parents who do not pay taxes, not the ordinary Italian for whom the taxman has a long and practiced reach. Only 900 Italians (out of 60.2 million) confess to earning over a million Euros per year.
Now, let’s say that you are an average citizen pulling in €1,500-€1,800 top weight Euros a month in return for dreary office routine or shop floor work, then you will retain free in your hand about €1,100- €1,400, all taxes and social deductions taken into account.
Yet, Monti speaks of excessive wages which hamper competition. But basic Italian wages make nonsense of pay in the three top tier Euro economies, the UK, France and Germany.
Italians fight shy of banks, credit cards, charge cards and all the paraphernalia of globalist system because they prefer to trust only the money in their hands.
They have always been resentful of the Euro and hanker for the return of the Lira. The tried and trusted Home Sock and Mattress Bank is not yet extinct.
Visit any post office and you will find Italians queuing, no matter how irritating and drawn-out the process, to pay their household bills – in cash.
The capture of money held in private accounts is a basic precept of Wall Street/Bilderberg fiscal fascism.
It is a long standing mantra of Bilderberg to remonetize the banking structure by seizing all personal cash holdings.
Thereafter, it is a straightforward procedure in the opposite direction, to demonetize the proletarian population of captive economies, a process that we can now seeing taking hold in the USA, Canada, Europe and Australasia.
Ordinary money in free circulation will be progressively replaced by scrip or truck money in order to purchase necessities.
Like the truck money of old issued to workers in mines and factories, these tokens will be exchangeable only in company stores, meaning of course hypermarkets, the rationing centers of the future.
This is what is meant by a “cashless society” and make no mistake about it. You now understand, if you did not already realize, why it is that megabanks everywhere are panicking when disenchanted customers protest by closing their accounts in protest at the imposition of monstrous new fees and charges.
These charges are nothing less than corporate taxes on private citizens. No wonder those trusty old standbys, the sock and the mattress, are returning to fashion everywhere.
But of course there is more to all this than simply money. Consumers must be driven – herded, some might say – towards the intended feeding centers which supermarkets represent.
Fresh food outlets (i.e., non-supermarkets) are already persecuted and under pressure in the US on spurious grounds of health and safety. The same diseased mania has spread to the UK.
The continental mainland of Europe is a more difficult target, but it’s coming. It won’t be long before the Food Police are stalking the market stalls, shuttering offenders whose produce is judged on some diktat as not the right quality or grown and marketed to exact specifications established by bureaucrats.
Remember the great poisonous cucumber scare this summer? File that under the “trial runs to discredit independent producers and retailers.”
All the necessary mechanisms are in place right across the EU. There is no necessity for ghastly new impositions to complement the existing bible of horticultural insanity known as the Common Agricultural Policy (CAP).
Some years back I wrote a rather successful little book about this called The Sacred Cow in which I pointed to industrial agricultural husbandry encouraged by Brussels as forging the food chains that would one day bind ourselves and our families.
How right I was.
Many Italians jolly along in the hope that it could never happen here. Their expressions change when I remind them that they are now living under an unelected junta for the first time since the fall of the dictator Benito Mussolini in 1944.