Wall Street, Banks, and American Foreign Policy, by Murray N. Rothbard
Download and save this invaluable reference source to read later in detail. In order to seriously understand present day America and the problems which beset our country, you must have an understanding of the past.
This powerful concise, definitive booklet is the best introduction to power elite analysis of the American nation-state ever published. It is now read and praised world-wide by academic scholars and the attentive general public. It was first brought to my attention while serving on the senior national staff of a presidential campaign in 1984 by our chairman. Its author served as an advisor to that campaign. It was initially published as a 15 page article for a financial newsletter, World Market Perspective, in that year, and later after the 1995 premature death of Rothbard, the full complete expanded version was subsequently published with excellent introductions by Justin Raimondo and Anthony Gregory. For years I used the original abbreviated newsletter version when I taught high school Economics and U. S. History with a series of short answer essay questions. My students loved it – “Rothbard Rocks!” one of them told me.
An understanding of Power Elite Analysis is the “litmus test” separating real libertarians from alternative lifestyle dilettantes dabbling in free market theory.
Sometimes labeled “Libertarian Class Analysis” or “Establishment Studies,” this examination of causal relationships regarding the nature and scope of political power, who has it and how it is exercised, is crucial to understanding the nexus of the State as organized crime.
Note the similarity between this analysis and what researcher Peter Dale Scott calls “Deep Politics,” the critical examination of the sub-rosa reality behind surface events, an attempt to unmask the true face of power, exposing the elite social, economic, and financial groups and individuals who benefit from the exercise of State coercion.
Contemporary events and the persons involved in them are not isolated random or static occurrences. There is a crucial backstory or history to them, the actual story behind the spurious or propagandist accounts put forth by the establishment “fake news” regime media or court academia.
Understanding the dynamics and interplay of power relationships is often not easy for it requires diligence and tenacious research in order to seek authoritative and definitive answers to what is going on in these events.
Fortunately, there are dedicated scholarly researchers who trace the often arcane and internecine networks and interlocking relationships of these actors – their backgrounds, conspiratorial action, mentors and criminal associates, who flesh out these events.
If you ever wanted to know the backstory of how elites came to dominate America’s political economy and foreign policy, here is your preliminary guide.
For those seeking further deep explorations on this subject of the privileged class of political and financial elites long dominating America’s political economy and foreign policy, here is a wonderful follow-up I prepared further outlining this historical analysis:
Who Rules America: Power Elite Analysis, the Deep State, and American History
9:29 pm on August 13, 2023
