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The Council on Foreign Relations emerged from a 1921 merger, Morgan-dominated from top to bottom, with Elihu Root as honorary president and Morgan’s chief counsel as president. Rothbard recounts the founding of its journal Foreign Affairs, and how after World War II the Rockefellers displaced the Morgans as the senior partners of the Eastern Establishment.
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Rothbard reads the Second World War through rival interests: Rockefeller pressure for war with Japan over oil and rubber, Morgan commitment to Britain and France. He then follows the postwar Eastern Establishment, its “Cowboy” Sun Belt challengers, and the CIA operation in Iran that cut five Americ…
The term that best describes the CEO of the "private" company Flock is "parasite" or "plutocrat" or "welfare queen" because his "business model" is simply finding ways to exploit the taxpayers.
Original article: https://mises.org/mises-wire/no-flock-not-really-private-company
Rothbard traces the Milner Group from Rhodes’s 1891 society through its command of British postwar planning and the expert delegation at Versailles, to the founding of the Institute of International Affairs in Paris in 1919. Its first American member had come to notice by attacking the American Rev…
The neoliberal establishment has done much to define our highly-interventionist, inflationary, and crony system as true free-market capitalism. They shouldn’t be surprised, therefore, that people are turning against it.
Read the article here: https://mises.org/mises-wire/how-neoliberals-fueled-rise…
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