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LAST DITCH OF DEMOCRACY - Majority Rights

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Three centuries, to get people to understand anything about anything<br />

havin’ to do with money. An’ it is now demonstrated on the corpus vilis<br />

of British reformers’ hopes that very little economic reform gets into<br />

practice without precedent organizational and political measures of an<br />

almost earth shaking nature. A curious phrase about “reconstruct<br />

capitalist society” must belong to the translator. I don’t want to pin that<br />

on Joseph, tho’ mebbe that was part of his muddle. I am far less<br />

concerned with Joe’s lacunae than with a few clear positive statements.<br />

Joe said he was aware that “a number of capitalist governments are<br />

controlled by big banks,” notwithstanding the existence of “democratic”<br />

parliaments.<br />

Not bad for a Georgian assassin. And possibly several decades ahead of<br />

the American public and professoriat. Not a single power in which the<br />

Cabinet can be formed in opposition to the will of the big financial<br />

magnates. I wonder: is that why they took Joe for a ride ?<br />

“It is sufficient to exert financial pressure to cause Cabinet Ministers to<br />

fall from their posts as if they were stunned.”<br />

Joey was talkin’ of European cabinets; not of the so very different<br />

American DEMocracy (as they call it) etc. where, unless there is<br />

absolute surety that financial pressure won’t be used, the blighters<br />

seldom or never get in. Joe SAID that the control of government by<br />

money-bags is inconceivable and absolutely excluded in the U.S.S.R.<br />

How different from the home life of our own <strong>DEMOCRACY</strong> (as they<br />

call it), etc. and how different from anything any British politician has<br />

ever encountered, and how different from any state of things that<br />

Churchill’s group would desire.<br />

“Narrow circle” said Joe of individuals connected in one way or another<br />

with the large banks and because of that they strive to conceal the part<br />

they play in this from the people.

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