Marxism Unmasked from Delusion to Destruction.pdf 7471KB
Marxism Unmasked from Delusion to Destruction.pdf 7471KB
Marxism Unmasked from Delusion to Destruction.pdf 7471KB
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FOREIGN INVESTMENTS AND THE SPIRIT OF CAPITALISM<br />
was no longer po«nblc co feed their people without the aid of an American<br />
loon wfaicfa was. tn fact, an American gift. But even this wa not enou^.<br />
The Argentine govrmment expropriated the sham of the Bntish-oMV'ned<br />
raihoad and paid for these expropnatiom m Bnnsh currmc\'. The British<br />
government then taxed the mone>' awa>' horn the people who got this<br />
indemniry <strong>from</strong> Argentina, and used this money <strong>to</strong> pay for wheat, meat.<br />
and ochcr feodwifls bought horn Argentina. Thn is a rvpical case of capital<br />
comumpdon. Savings o( the pa« which had been accumulated in the<br />
form of railroads vwrrr sold m ocder <strong>to</strong> gee food (currmt consumpaon).<br />
This » very charactensoc: it shoM-s ho%%- these fomgn imrstments<br />
were consumed.<br />
But the greater part of European fomgn tmrsiinrntt. including British<br />
invntments abroad, vbrrr stmpK- expruprutrd K>r (he United Sutcs these<br />
cxpropriatiom uui rrpudutions didn't tnc*i\ so much, hrtausc (he United<br />
States IS comparativel>' srry rvh and these tmrsiments didn't pU\- such<br />
a great role m the economy AKo. tn im optn<strong>to</strong>n. the United Sutes is<br />
still accumulating addiiKmal capital But ftn (*rra( Britain. Ck'tnuny.<br />
Swit/eriand. Haiuc. ami other countries, (his meant a considerable<br />
reduction in their v^ralih. the> had imrsied abrtud. tux because (he>wanted<br />
<strong>to</strong> give av^'ay their lATalih. but because (he> wanted income tmm<br />
(he tnwsoncnci.<br />
Their are many diffemii methods of expropriation<br />
1. '/V ((mmtutttttt mtrtlutJi U the counirv goes conmtunistic. the<br />
^osTriiincfK umplv drcbrrs tlui iherr is mi longer am- pris-aie pn»pert>'. i(<br />
takes and i( doeui't pj>- t»M what it ukrs Sometimes (he>- vi>* (hc> will pa\'.<br />
iHit in fact lhe>' find Mune ekiuse tun (o make ihis indeitutifuadon<br />
2. (Utn(iusl0rY i^xMum CH cosine, (here are in scwne (rade agreements<br />
provisKHis prtshibittng any dtscrmtmatson against Ibmgnen and this<br />
includes discrimination by taxation But bu-s nt% be vs-ridcn m) as tux (o<br />
appear (o be against lomgners<br />
y. /Sorr^-eaarlMf^ ttmtfvt I his is (he most popular innhtHl Ihc<br />
(omgn corporatKNi makes a pntlii tn i(s dealtnp in a louturv Ihk (he<br />
t'oreign-exchange ccsntrol lasis-s prrsrnt t( Inwii (ratnlernng (hcsc pmfus<br />
in<strong>to</strong> another countr>' As an example, let us consider Hungar> I here s^rre<br />
<strong>to</strong>mgners who owned small or greater amounts ol Isonch and common<br />
^((X'ks in Hungary. The Hungarian gosrrnment said. "iX course. >-ou are<br />
perfectly tree. You haxr the right <strong>to</strong> rrceisr \x>ur itKcrrst and dividends.<br />
liui \\r ha\r a law. not only for foreigners. alu» for Hungaruns I he Uw says<br />
that the transfer of funch out of' the couiur\ is forbidden c;t)nie <strong>to</strong>