Freedom and Liberty is my Character — Ataturk
Great Quotes by Revolutionaries & Writers
For those who have not heard of it before: in a nutshell, Ataturkism leads to peace, secular social state, equality, freedom and entrepreneurship!

How are YOU going to bring about real change if you do not exactly know what is wrong?


By Mehmet Kurtkaya Last Update: July 9, 2016

What do you need to live? Money.

Who manages money? Private banks and their puppet central banks.

Who manages your life?

In capitalism, private bankers and the central banks they control determine all interest rates including credit card and mortgage rates that people pay, the number and the amount of loans hence employment, the distribution of loans hence winning sectors and corporations, economic bubbles (1990s tech, 2000s subprime mortgage, 2010s stock/bond), oil prices, real estate prices, rents, agricultural product and grocery prices, salaries, pensions, currency exchange rates and much more.

In short, private banks (Wall Street/London and affiliates) either determine or largely influence all prices, salaries and profits in Western economies, simply put they manage Western economies.

Unfortunately, people are not aware of this most basic fact except for the interest rates on their credit cards, mortgages and loans which they know are determined by the banks. They do not know why they pay 20 percent instead of 10,5,30 or 0. They do not know how these rates are fixed by the private bankers. They accept these rates as a fact of life determined in a so-called "free market" they know nothing about.

Only in times of crisis such as Savings&Loans, internet, subprime mortgages that they become aware of the role private banks play in the economy. Yet they are still unaware of the fact that food prices, car prices, oil prices etc. are also influenced and at times fully controlled by the same major private banks. Employment figures too are largely influenced by central banks these private banks control and this is even publicly stated in bankers' media.

Private banks manipulate all these economic numbers for their own interests!

There are countless proven cases of price fixing and rate rigging including interest rates, interest market rigging (Citibank) gold price rigging ( 9 other banks involved ) and silver, oil price rigging exposed just months after Liborgate, Deutsche, Barclays Foreign Exchange Algos Rigging, insider trading cases where banks have paid tens of billions of dollars of fines since 2008 yet somehow avoided criminal prosecution thanks to Western Justice .

It is not only the prices/markets that are rigged Even The Regulators Are Rigged (SEC in the US) ! And there are questions whether the NSA is manipulating the markets too

US central bank (FED) admits it is causing inequality by printing money that pushes stocks higher!

And who can forget Wall Street owned top rating agencies that rated all the major Wall Street/London banks and corporations which went bankrupt in 2008 including Lehman Brothers and the rest which would have gone bankrupt if they were not bailed out by the governments and central banks via money printing and loans, AAA (most safe) ? Eventually the people around the world paid and still continue to pay for these bailouts via taxes and inflation (price increases in living expenses).

When almost every Western major bank and Western government body is involved in market manipulation, it is impossible to call them scandals like the banker media does. It is not an exception but the rule of capitalism. Manipulating the price of just about anything Western ruled people buy.

Yet people in the West are completely oblivious to this most basic fact about their daily lives and they have fictitious, TV and academic propaganda influenced ideas about what capitalism is!

Ask anyone in the West what capitalism is and you will get a variety of answers almost all wrong or incomplete.

"Capitalism is the econopolitical system of the West ruling over almost all the 130 countries where US military/NATO has bases and some more.

Contrary to what is propagandized in Western media and academia, capitalism is first and foremost a political system. All economic systems are part of politics and it is important to note there has never been economics independant of politics and there can never be."

So, what is capitalism?

"Capitalism is the management of society by private bankers for their own self-interest using money printing and finance schemes including usury.

In capitalism, the government is owned by the bankers. Therefore capitalism is the rule by the bankers and the corporations they control, complete opposite of democracy which is the rule by the people!

The word Capital-ism provides a clue but for clarity it should have been called Bankerism to specify private owners and managers of capital. In addition to private banks, other private finance companies such as hedge funds as well as the major private shareholders of corporations form the backbone of the capitalist class.

Western Big Business, major corporations all depend on finance, hence the means of productions much discussed in socialist terminology whether they are private or public will ultimately be controlled by the private bankers who manage money in the form of bonds, loans, futures, stocks etc.

" During the eight years after the terminal collapse of capitalism in 2008, ownership of the US/EU governments by the Wall Street and the City of London bankers was laid out bare for all to see with the Too Big to Fail and Too Big to Prosecute (Obama: TTIP Necessary So As To Protect Megabanks From Prosecution May 8,2016) words uttered by Western governments and rubber-stamped by their judiciaries.

Capitalism is a wealth generation and distribution system where private banks control every aspect of the economy yet they are accountable to noone! This truth was directly echoed in the words of Blankfein - CEO of Goldman Sachs, world's most powerful bank whose alumni run US and EU central banks and governments among others- when he had said he was doing God's work. "

Banks and other private finance companies are constantly bailed out with the freshly digitized/printed free monies (Quantitiative Easing/QE upwards of 15 Trillion dollars) given by the central banks the private banks control. The whole capitalist system is geared to ensure that the bankers and their corporate cronies stay on top of society regardless of their performance unlike other people who work for a living! They make money because of where they are not because of what they do.

"It is very easy to confirm this fact: When was it that small businesses were saved by the government when they failed?"

Heads they win, tail you lose. Private bank bailouts have been standart since at least the 1700s (WSJ article, Government bailouts: a short list September, 2008) , so bankers know full well they will be saved by the people when they fail. The ultimate guarantee for all the financial dealings of the banks are the people around the world!

Below are just a few examples how in capitalism people around the world are forced to save private Western banks:

- In capitalism bank bailouts are forever: All the big US banks were insolvent in the 1980s too! Article:December,3 2015
- Europe's Bailout Costs In One Chart: 2 Trillion euros And Counting, June,3 2012
- Conspiracy proven FACT: US FED bailed out EU and Japanese banks! September,9 2014
- Bond bubbles risk hits unbelievable 555 trillion dollars, December 22, 2014
- US Taxpayer on the hook for 303 Trillion dollars Wall Street Derivatives, December 12, 2014
- US Taxpayer Is Now A Major Counterparty To Wall Street Derivatives, April 23, 2016
- Deutsche Bank Derivative exposure 73 trillion dollars 20 times German GDP, February 3, 2016
- Italy Just Bailed Out The World's Oldest Surviving Bank
- Italy's Bank Bailout Fund Already One Third Empty After First Bank Rescue, April 29 2016

"And to compensate for the bailout money they pay to the private banks via inflation/government taxes, the people are forced to hoard debt from the same banks they save! And largely for basic living expenses like healthcare, education, housing, even food."

The money that the central banks digitize/print are used by the American, EU, Japanese, Swiss central banks to buy stocks hence stock markets go up, corporate shareholders become richer. FED finally admits frontrunning central banks is what moves markets! These monies that central banks print make big corporations flush with cash which the CEOs use to buy their own shares (corporate buyback) hence stock markets go up!.

"All big corporations in the West are recipients of central bank/FED money. In 2008, when the terminal crisis of capitalism had started, some 20000 companies from McDonalds to European banks such Deutsche bank had gotten money directly from the Western central banks in addition to indirect money handouts in the form of zero interest loans which the people cannot get."

To simulate the capitalist experience one can play a few rounds of the game of monopoly taking as much cash as one likes from the bank and see how long it takes before winning the game, assuming other players do not object!

The wealth distribution in a capitalist society is pyramid shaped. Not unsurprisingly, the capitalist system behaves like a pyramid scheme during the boom years and a ponzi during the bust. Creative destruction is one of the many big lies of the system. Contrary to Western propaganda capitalism is destructive creativity rather than creative destruction!

"Capitalism is the tiranny of the private bankers via the central banks and the governments they control."


The bankers' good cop-bad cop economists and journalists started writing "Oh, this is not capitalism, this is crony capitalism" To these presstitudes one should ask:

""When in the last 400 years did bankers and their collaborators not network and gain privately at the expense of the people at large using the governments they control?

When in the last 400 years of its existence capitalism was not crony?"

Then they would apologize, "Oh, this is not capitalism, this is oligarchy."

"When capitalism was not an oligarchy?"

"Oh, this is not capitalism this is monopoly."

"When was it that capitalism was not monopolistic whether in finance or industry?"

"Oh there are no longer free markets."

"Which day was it when free markets existed during the last 400 years of capitalism?"

And when the mass spying on society, especially on dissidents surfaced first with the revelations of Wikileaks' courageous Julian Assange thanks to the heroic acts of Chelsea Manning and later on with the revelations of Edward Snowden, most Westerners responded with a big yawn.

And some others protested we are a police state now and democracy is dead.

"When, in the last 400 years in the West, was democracy alive?"

How can you have bankers and their corporate cronies manage a society for their own self-interest yet claim it is a democracy, which means ruled by the people? Is that a hard question to answer?

Capitalism apologists would never ask these questions and certainly not answer them. The liberal economic system is fascism veiled by propaganda, at least since the times of the famed fiction writer, opium company propagandist Adam Smith. Neoliberal, neocon, liberal, and free markets are all trademarks of the same bankers and they are all capitalism by another name


Few rich are capitalist. Access to money and government is what counts. Only when money can be converted to power over governments via banks, lobbies, media and big corporations it becomes a society management tool.

Contrary to Western propaganda, capitalism does not mean the existence of private property, private capital or entrepreneurship.

All of these existed in an anti-capitalist society, the 1930's Ataturkist society.

In fact, lasting freedom of entrepreneurship is only possible in an Ataturkist society and not in a capitalist society where private monopolies mostly stemming from private monopolistic control over money and misallocation of capital ruin entrepreneurship.

Ataturkist economy had state monopolies in vital social sectors including state owned central bank, state owned consumer and investment banks as well as capital controls but the state also promoted private businesses and entrepreneurship as well as independant farming. Ataturkist economy should not be called a mixed economy as not only all economies are mixed but also the major distinction of the Ataturkist economy was that it was managed by the people unlike the US/Europe where the economy is run by the bankers.

1. It is not only in Ataturkist anti-capitalist society that private property and entrepreneurship existed. In fact over millenias since Sumer and at least 4000 years before Sumer, private property existed.

2. Entrepreneurship is the drive for innovation, hard work and reaping the benefits of one's labor and as such is part of the human experience. Entrepreneurship has nothing to do with capitalism which is 400 years old.

3. The existence of a central bank does not necessarily mean existence of capitalism. For example in Sumer money creation was centralized but their system was certainly not capitalism. If central banks are owned or managed or controlled by private bankers then it is capitalism. If a central bank is managed by the people for the people then it is not capitalism.

4. Capitalism is not free markets economics, it is the exact opposite! Capitalism is a centrally managed economic system run by private bankers through central banks they control. There are no free markets in capitalism nor can ever be. The free market in the West is an illusion. Private banks like Goldman Sachs, Deutsche Bank, HSBC and many others have been caught rigging the markets with scandals ranging from libor interest rate fixing, gold and silver price fixing, money laundering, insider trading to terrorism financing. (For example see Deutsche Bank money laundering, terrorist financing probe May 1, 2016 )

5. And lastly, technological advancement is NOT a product of capitalism as its propagandists claim. Technology advances since the control of fire 100000s of years ago and especially since the invention of writing in Sumer at least 4000 years ago. Technology, including space, rockets, materials, medical technology advanced under Soviet Union, now advances under Russia. It advances under China, Cuba and other non capitalist societies.

So when thinking of capitalism one should really understand that the existence of private property, entrepreneurship, free markets, central banks and advances in technology have nothing to do with what capitalism is, contrary to what is propagandized in the West.


Not one soul out of tens of millions in the US and Europe, who have read it, heard it day in and day out in Western media during the last 35 years asked:

"If Wall Street bankers are the Masters of the Universe, then who are the slaves of the Universe? Let us be more mundane, who are the slaves of the world?"

Wouldn't that be the most obvious question to ask?

From the first fully fledged civilization the Sumerians, to the West, for their livelihood the people depended on kings claiming to be doing God's work: they gave them their foods, they built their palaces, they stood guard in their defence and they gave their lives in their wars.

In Western philosophy's much cleverly hidden and conveniently overlooked masterpieces, "Social Contract" and "On the Origin and Foundation of Inequality of Mankind", Rousseau, the thinker who almost singlehandedly influenced the French Revolution of 1789, speaks, albeit very briefly, of this mind blowing contradiction hidden right before people's eyes for thousands of years.

Capitalism is the most elaborate form of econopolitical systems based on master-slave relationship. And that is the core of the West.

Bush's "Either you are with us or against us" wars are reaffirmation of what the Western capitalism is.

Putin's speech in 2011 after being very patient for years, that the West lives a parasitic life off of the back of other people was a clear rebuke of the US hegemony.

Western oligarchs were getting goods and services from other people including the people of Russia, China, Cuba, Venezuela and the non-Western world -and eventually Western people- in exchange for money with no intrinsic value and only backed by the US military's firepower.

When Vladimir Putin declared that the West does not want partners but vassals, it seems he had pointed out at the structure of capitalism. And when he said "Russia was never enslaved nor will ever be" it was a direct rebuke of imperialism exactly like what Ataturk did a century ago as the first leader to have won the war against Western imperialism. Ataturk had received help from the Russian people and leadership, then the Soviet Union, while waging the war of Independance against the invading West led by the superpower of the era, the British Empire.

"Master-Slave is NOT a manager-employee relationship! It is based on the permanence of the power of the master, as a class, over enslaved people's economic, social and political life over centuries, millenias, controlling all aspects of people's social life."

Capitalism means the people live inside a company 24 hours a day and they cannot get out, like in the movie Matrix. The major difference between bankerism (capitalism) from slave societies such as Sumer and feudal societies of Europe, monarchies and other caste systems was that the average person had a better chance of joining the ruling class by serving it and hence find a higher place in the pyramid, except the top level. This is called the "American dream".

This economic mobility largely depends on the services said people provide to the masters, most of whom are visibly psychopathic. The pyramid shape maybe considered as an advancement over rigid caste/feudal structures. This upward class mobility, however small, gives people an extra drive compared to feudal societies and an increase in economic output. Yet hereditary nature of capitalism is seen not only in families but also as a class. "To be rich either you are born rich or you marry the rich" is incomplete, you can join the capitalist class.

"In the 21st century, this archaic, 400 years old system called capitalism has fallen back to where it started, feudalism. The Western people not only lost their small economic mobility but a trend of downward mobility has picked up momentum after the 2008 bank bailouts. Much like German Uncle Karl had predicted 150 years ago.

US is now meeting its reserve currency dollar's damnest curse after enjoying its blessings since 1945: Master will run out of foreign slaves and use its domestic slaves.

"Capitalism has proven itself as a very regressive econopolitical system for the 21st century society with advanced human rights/values and internet technology!


The average person is not interested in finance and economics because it seems complicated with the math involved. In reality the basics of economics do not require more than primary school arithmetic. All the math formulas and charts one sees in the media or academia are actually based on simple economic relations. The house of cards that capitalism is based upon is actually quite simple.

As an example, consider a tennis ball that a player hits. One can write complex math equations involving the path of the ball, but the essence is that a player hits the ball to win the game. If one looks at the tennis ball within the context of a math equation, one will see only a transient part of the game, only one shot and they will not even be aware that this is part of a tennis match. The game, though, does not depend on this equation, nor this one shot, rather on the players’ ability, strength, training and of course the fact that it is limited to predetermined rules. So, Western economists would only look at snapshots of the whole at times with complex formulas or unreliable statistics, willfully ignoring all the reality surrounding the events they analyze.

They would not personally benefit from learning economics! They cannot duplicate the results of finance executives and shareholders who run the Western world of finance as it is a small club and they ain't in it. This is the fate awaiting every retail investor or any citizen subject to Western economics.

How about the American or European dissidents? Wouldn't they be better off if they learnt the basics? Unfortunately, most are not interested, as capitalism seems too big for them to tackle. Furthermore they are too tired, busy and consumed to find time to look at the realities and the managers of the society they live in.

People are not interested in things they believe they cannot change. Furthermore, they are too tired, busy and consumed to find time to look at the realities and the managers of the society they live in.

Even worse they are happy counting whatever monies they have so-called "earned" from the corrupt system.

"That is exactly why Ataturk wrote an address for Turkish Youth as the only potential savior in case society failed and was invaded. He reaffirmed his stance with the Bursa Address a couple of years later in the 1930s.


Although its early beginnings can be traced back to early merchant banking in Italy, Hanseatic League of Germany and the Baltics, trade guilds and monopolies in European city states, international traders in Europe and the Atlantic slave trade starting in the 1400s, the start of capitalism as we know it can be dated to the founding of Dutch East India company in 1600 and the British East India company in 1602. The latter had received monopoly charter from the Queen of the British Empire to trade with and loot Asia. This marked the start of banker ownership of government. The shift of power from kings and priests to the bankers was completed in 1696 with the founding of the Bank of England as the private monopoly for issuance of money in the British Empire. This monopoly power of money issuance spread to other Empires in the West and the territories acquired by the Western Imperialist Wars. Colonialism was being replaced by capitalism's highest stage, Imperialism as Lenin put it. This is the what Globalism/Neocolonialism is, resented in the world by many countries controlled by the West.


Capitalism has started as the management of society, that is to say governance, through the use of money/capital loaned as debt at interest by the bankers.

Debt is a future obligation and is the bond that links the slave to his master since the first slave societies in Sumer. The people who could not pay their debts would sell their children to slavery just like in the West today. However Sumer 4000 years ago was more advanced socioeconomically than the West today as there were debt jubilees every 7 years. Sumerian Turks knew society would crumble under debt!

Banks now manage the future of nations with elaborate schemes they developed like mortgages, retirement accounts, derivatives. As such they control society's present economy and its concocted future wealth by using money and finance. The ability to print and control a nations' money with a private monopoly is the governance of society with finance schemes, as Rothchilds' two centuries old quote shows.

Starting in the early 1800s in England paper money replaced gold. Paper money was first invented in China, used by the emperors and had resulted in hyperinflation and collapse in China many centuries ago. It was later adopted by European bankers for their own interest as means for giving out loans to industry and the people.

Soon the leverage of paper money dwarfed existing capital. Bankers issued debt and managed debt rather than existing capital. A certain leverage is needed as it provides economic expansion depending on the country and the people but the debts issued by the banks were simply too much as the system was very violent, growing through imperialistic wars abroad and repression, slavery, bubbles popping at home since the Tulip Bubble in mid 1600s Europe.

Bankers printed money freely and legally for their own interest in form of loans/debt to businesses and people. Hence they managed future promesses and obligations without basing them on existing capital! They printed money out of thin air. Money printing was used as a tool of imperialism and slavery. Debts exploded and provided an opportunity for the bankers to gobble up businesses and industries hence capitalism took over societies.

The terminal failure of capitalism is baked into its cake as demonstrated by Uncle Karl mathematically, albeit in a complicated manner. The only way debt at compounding interest can be sustained is through infinite growth which is impossible to achieve in a finite world. Individuals can pay back their debt but societies as a whole or the collection of societies known as the West cannot as bankers issued debt many times their existing resources sometimes as much as 30 times to devour assets around the world at much inflated prices.

The whole scheme known as capitalism is a pyramid scheme that is guaranteed to fail in the absence of exponential growth which of course can never happen for sustained periods in a finite world.

In fact even if the West enslaved Russia and China, which is impossible by the way, capitalism can only postpone its demise and not change it.

The only reason why capitalism went on for 400 years is that terror, coups, civil wars and wars instigated by the bankers and their governments and their media furthered people's slavery until today.


In addition to the management of production and existing resources through the use of money and finance schemes, banks act like accountants of both the individual and the society. So when people try to save whatever meager earnings they have they actually save the bankers since the accounting is done by the same bankers whose wealth is tied to their host, the people.

Capitalism is fraud and money is the enabler. Bankers provide both divisions and peace brokerage among sections of society and among nations using wealth transfers. They set them up against each other, people vs. people, nations against nations, generations against generations. Contemporary examples are plenty: German society against Greek society, baby boomer vs. millenials, fake right vs. fake left.

Divide and conquer on all fronts.

They are the ultimate middlemen yet invisible -except for the internet- unlike the politicians they control.

Once a war/coup is over they financialize the results, put them on paper as privatizations, usury, asset confiscations etc and the slavery starts. Since the whole system is based on fraudulent future promises and leveraged debt of printed money, when the day of reckoning comes they step aside and set people fight each other on real world assets dwarfed by the immense paper/digitized wealth. And during the collapse they pick distressed assets pennies on the dollars with monies they print.

Divide and conquer as the basic policy tool is prevalent in providing the exchanges nations use, currency exchanges, bonds and finance as well as trade.

Rinse and repeat.


Capitalism impoverishes people with printed debt at interest then use the same people as cannon fodder or patsies, recent examples being the meltdown in American subprime mortgages and Greek economic collapse. It is a war on two fronts: a class war within the West/Western controlled territories and an imperialist war elsewhere, against countries capitalism could not conquer.

What most people fail to see is that debt is a two way promise! People only see other people who struggle with their debts to pay back seemingly omnipotent banks. The truth is largely the opposite of what people know. Rather, it's mostly the bankers who do not keep their end of the deal. The private banks manipulate the value of the money people use via printing too much money, largely via credits and loans, for their own gain and at interest no less. The bankers' trick is simple: when they loan money to anyone with a pulse knowing full well the boom will end with a bust just like it does since 400 years, the latest example being subprime American mortgages, they also give themselves and their corporate cronies, stocks, bonuses and huge salaries. Basically Western banks sell participation to a pyramid scheme while acquiring huge personal gains.

Hence consumer prices rise and the people are impoverished via inflation and they need debt to survive. They are slaves to the bankers who enrich themselves at the expense of other people and at the same cause increase in unemployment and crash the economy with unpayable debt.

This is wholesale fraud by the bankers to stay on top no matter what (Too big to Fail) as made apparent in the aftermath of the 2008 Western bank bailouts. The rigging of interest rates, gold prices, HFTs, currency manipulation is a fact proven by even the corrupt Western regulators. Yet banks continue to rule over the econopolitical system by simply paying fines as cost of doing business.

And if central banks controlled by private banks do not continue printing money, capitalism goes bankrupt in a deflationary downward spiral since fewer and fewer people own most of the productive assets and the people at large become poorer and unemployed as evidenced in an ever-increasing income inequality ( Richest 1% about to own over half of Global Wealth, 2015), and the disappearance of the middle class. Capitalism is destined to fail with or without money printing, bound by hyperinflation and deflation hence in a terminal stagflation.

The whole capitalist system is run on faith until physical failure hits people on the head or the wallet. And the answer to which one comes first is obvious.

So, what comes after capitalism?

Those who are free with a clear conscience must start the discussion.