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The Stark Truth  
Greg Johnson on Wealth Redistribution

Frans Francken the Younger (Antwerp 1581 - 1642), "Death and the Miser"

Frans Francken the Younger (Antwerp 1581 – 1642), “Death and the Miser”

61:47 / 382 words

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Robert Stark interviews Greg Johnson on wealth redistribution and related topics:

  • Paleolibertarianism and the Tea Party as attempts to channel white political and economic anxieties into race-neutral, free market policies that undermine white racial interests 
  • How the threat of the underclass should not distract middle class whites from the threat of the overclass, which is shipping their jobs overseas and importing non-white workers
  • Why the Right desperately needs to deconstruct free market economic orthodoxy
  • Why it is a good idea to cap incomes
  • Populism as a moral principle
  • Why classical republicanism require a strong middle class
  • Why maintaining the middle class requires junking free market orthodoxy
  • Why redistributing wealth as a normal day-to-day policy is a sign of social imbalance
  • Why wealth redistribution does not need to be part of an egalitarian, socialist policy
  • Why a single massive redistribution of wealth after a revolution would be desirable
  • How to recapitalize and reindustrialize America
  • Why populism requires meritocracy
  • Why meritocracy requires a way to ensure downward as well as upward mobility
  • Why political and intellectual independence require economic independence
  • The Koch brothers
  • Distributism: why we want private property broadly distributed; why we want more small capitalists and fewer big ones
  • The craziness of the real estate market
  • Why mortgage interest deductibility is a racket that creates higher house prices and benefits banks
  • Why it is a good idea to limit the number of houses people can own
  • Reducing the underclass through repatriation, welfare, and eugenics
  • The prospects of breaking the ruling coaltion of plutocrats, public employee unions, and the underclass
  • The Jewish and plutocratic policy of coopting underclass leaders
  • The destruction of the white middle class in California and the creation of a Third World style plantation economy
  • Why the antebellum South was a form of capitalism not an aristocratic or feudal society
  • Tom Metzger’s proposal to ethnically cleanse Baja California and reunite it with Alta California
  • Some recommended reading by Greg Johnson: “The End of Globalization,” “Thoughts on Debt Repudiation,” and “Money for Nothing
  • Why Counter-Currents wants to publish more writings on Social Credit

 

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13 Comments

  1. Sylvanus Carpenter
    Posted May 20, 2013 at 11:31 pm | Permalink

    I wanted to mention that Greg Johnson’s mention of how he would have been a White revolutionary aiming cannons at the rich Whites in their plantation houses reminded me somewhat of Nathaniel Bacon’s rebellion: http://en.wikipedia.org/wiki/Bacon%27s_Rebellion

    And his “Declaration of the People of Virginia”: http://en.wikipedia.org/wiki/Declaration_of_the_People_of_Virginia

    Bacon was, at least nominally, fighting against heavy taxation of the poor Whites, judicial corruption, the personal enrichment of Governor Berkeley at the expense of common Whites and the failure of the Governor to protect White colonists from the Indians.

    I also take note of Bacon’s use of the phrase “against the commonality.” Commonality being the same word (Gemeinsamkeit in German) that Bolton has said in his essay, Wagner as Metapolitical Revolutionary, that Wagner used in reference to the Volk.

    • White Republican
      Posted May 21, 2013 at 1:50 am | Permalink

      It might be worth noting that Wendell Berry uses the term “commonwealth” in a similar manner as “commanality” and “Gemeinsamkeit,” notably in his recent book, What Matters? Economics for a Renewed Commonwealth.

  2. Jaego
    Posted May 20, 2013 at 1:08 pm | Permalink

    Capitalism really does go off the rails very easily and badly if left to its own devices. 60 minutes had a segment a few months ago about how China has built tens of thosands of luxury units that no one can afford. In so doing it tore down a lot of low income housing. It has become an economy that’s not talking to itself at all; a body that has lost its homeostasis. As Plato defined it, health is a love affair between the organs. This is a fine metaphor for a well functioning society as well.

  3. Bob Jones
    Posted May 19, 2013 at 8:40 pm | Permalink

    At one point you said that you favor loans being given out without interest (but with a fee). But later you said that if we are going to have interest you would rather it be high than low.

    Can you reconcile those two statements?

    • Greg Johnson
      Posted May 19, 2013 at 10:53 pm | Permalink

      Low interest spurs speculative bubble economies, which is bad. Higher interest rates tend to discourage speculation, which is good. So if one has interest, low interest is worse than high interest. But one could have a no interest economy that discourages speculative bubbles as well by having rigorous standards of credit worthiness, limited the number of homes or businesses people can acquire, etc.

  4. Brian
    Posted May 19, 2013 at 6:45 pm | Permalink

    High property prices in California are largely due to Prop 13. It shifted taxes away from land and onto labor. If property taxes are low, financial capital is attracted to property. Financial capital can sit on land, making it unproductive and increasing prices for folks who would otherwise use it. This effect is both masked and amplified by a 30-year period of declining rates which would begin about 4 years after Prop 13 was passed.

    In this system, the remnants of the middle class should vie for higher property taxes. In a better system, home ownership would be limited and the overclass would have its excess property confiscated and burned as a restorative ritual.

  5. R
    Posted May 19, 2013 at 2:10 pm | Permalink

    Greg, you mentioned wanting to educate people on certain economic principles. To that end, I’d suggest you make a couple of simple educational videos in a similar format as the ones on Khan Academy, which is run by a former hedge fund manager who made thousands of videos about mathematics, finance, physics, history and other topics, explaining one small concept at a time:
    https://www.khanacademy.org/math/algebra
    https://www.khanacademy.org/science/microeconomics
    The big problem with this particular site is that it is funded and promoted by our enemies, and hence the lessons on politically relevant topics are full of the sort of lies and misrepresentations we see in the mainstream media every day, as you can see here:
    https://www.khanacademy.org/humanities/history/euro-hist/hitler-nazis/v/initial-rise-of-hitler-and-the-nazis
    At any rate, this is a great way of learning. I graduated from highschool having understood almost nothing about math beyond a shaky understanding of what you’d learn up to 6th grade, but using this platform I’ve been able to not only learn everything about math I failed to understand in a decade of schooling, but also advanced topics like calculus and linear algebra.
    The plain black background is distractionless and makes the videos very easy on the eyes when viewed in fullscreen mode, so watching a lot of videos in a row is no problem. The software and hardware this guy uses for his videos is listed here:
    http://khanacademy.desk.com/customer/portal/articles/329318-what-software-program-equipment-is-used-to-make-khan-academy-videos-

    You have a calm voice that is actually quite pleasant to listen to, and I can tell from your philosophy lectures you’ve posted that you have no problem with speaking freely, so you should be able to make great use of this format.
    And on that note, unless it’s too time-intensive I think it would be great if you’d start reading out some articles again like you did in the first couple of podcasts on this site. It’s nice to be able to absorb content by listening to it on my way to work instead of having to dedicate spare time to reading it. I would however prefer it if you simply read one article at a time and linked to the audio file from the article page, rather than bundling up several articles into one long podcast like you guys did back then.
    I would also like to suggest a different naming scheme for the filenames of the CCR podcasts. It should contain the date in a format like YYYY-MM-DD, because that way it’s easier to sort them chronologically. E.g.: CCR20170120-KevinMacDonaldInauguralAddress.mp3

    • Sylvanus Carpenter
      Posted May 20, 2013 at 12:10 am | Permalink

      I think this would be a really great idea. It would do more to actualize the notion of CC as a “right-wing university.” I can imagine a Counter-Currents Academy that made videos on everything from a true Right-wing perspective that is denied to Europeans around the world all with the goal of better educating our people.

      I like the way Khan Academy allows for people to earn badges and awards for intensive studying. That would definitely be a hit. Also, I like that it keeps track of your growth as a student and offers up reviews, tests, and even more areas of potential study based on what you’ve gravitated towards before.

      This could be done for CC, but it would likely require ten more people like Greg Johnson with the intelligence and discernment to be able to explicate ideas.

      Can you imagine lessons on Spengler’s Decline of the West, the traditionalism of Julius Evola, the music of Wagner, ancient Sparta, World War I and II, the Cold War, Nietzschean philosophy, etc? It’d be great.

      • Greg Johnson
        Posted May 20, 2013 at 2:37 pm | Permalink

        Thanks for these kind words and helpful suggestions. We will create separate audio files for my various talks and put them on their own page. In the future, I will make a point of releasing audio versions of most new pieces I write at the same time as the print versions.

  6. Sandy
    Posted May 19, 2013 at 1:00 pm | Permalink

    You mentioned “the problem,” amongst others, of too many immigrants taking rather than producing value. In Canada we actually import quadriplegics. The man was bombed in Iran and left a quad. He decided to go to Canada and after finding an apartment here he signed up for English lessons and physical therapy. He is doing well and although still in a wheelchair has some use of his arms and his hands. The rest of his family has joined him here who hopefully will be serious tax payers to offset the quiet cutbacks going on I the heath care industry.

    I could give other examples but this one is available for all to read at:

    http://www.burnabynow.com/news/Paralyzed+bomb+helps+others/8386852/story.html#ixzz2Tl4OyakW

  7. WWWM
    Posted May 19, 2013 at 8:21 am | Permalink

    Counter-Currents is the best website I have ever come across. Slavery as the ultimate form of capitalism. You guys are going to free us from this false left-right paradigm yet.

  8. Peter Blood
    Posted May 19, 2013 at 12:18 am | Permalink

    Nice discussion, I really wish we could get there. The love of money is a root of all kinds of evil, and America has long been a magnet for people who love money, so it’s no surprise our society is dominated by money lovers and their god. And that the experts, the Jews, sit on top.

  9. Stronza
    Posted May 18, 2013 at 1:40 pm | Permalink

    I haven’t listened yet, but when I saw the title “Wealth Distribution” I was reminded of something I read somewhere or other, as follows:

    Capitalism is the frying pan in which culture is rendered down to the grease of money. Following it, as the night to day, is the thrice hotter fire of ‘Communism.’

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