Counter-Currents
  • Private Events
  • T&C
  • Contact
  • Webzine
  • About
  • Books
  • Podcasts
  • Videos
  • Donate
  • Paywall
  • Crypto
  • RSS
    • Main feed
    • Podcast feed
    • Videos feed
    • Comments feed
  • Advertise

LEVEL2

Donate Now Mailing list
  • Webzine
  • About
  • Books
  • Podcasts
  • Videos
  • Donate
  • Paywall
  • Crypto
  • RSS
    • Main feed
    • Podcast feed
    • Videos feed
    • Comments feed
  • Advertise
  • Recent posts

    • Crowdsourcing Contest! Our Banner

      A. C. C. Reader

      6

    • Adult Cartoons Are a Disaster for Western Civilization, Part 2

      Travis LeBlanc

      6

    • Having It All: America Reaps the Benefits of Feminism

      Beau Albrecht

      2

    • The Captivity Narrative of Fanny Kelly

      Spencer J. Quinn

      1

    • The Virgin Queen Chihuahua Has Spoken!

      Jim Goad

      37

    • Adult Cartoons Are a Disaster for Western Civilization, Part 1

      Travis LeBlanc

      36

    • Plastic Patriotism: Propaganda and the Establishment’s Crusade Against Germany and German-Americans During the First World War

      Alex Graham

      4

    • Race and IQ Differences: An Interview with Arthur Jensen, Part 2

      Arthur Jensen

      1

    • Donald Trump: The Jews’ Psycho Ex-Girlfriend

      Travis LeBlanc

      13

    • Bad to the Spone: Charles Krafft’s An Artist of the Right

      Gunnar Alfredsson

      1

    • Independence Day

      Mark Gullick

    • The Unnecessary War

      Morris van de Camp

      1

    • Bad Cop! No Baklava!

      Beau Albrecht

      7

    • Counter-Currents Radio Podcast No. 552 Millennial Woes on Corporations, the Left, & Other Matters

      Counter-Currents Radio

      6

    • Remembering Charles Krafft: September 19, 1947–June 12, 2020

      Greg Johnson

    • Marx vs. Rousseau

      Stephen Paul Foster

      4

    • The Worst Week Yet: September 10-16, 2023

      Jim Goad

      22

    • The Tinkling Cherub of Mississippi

      Beau Albrecht

      2

    • A Deep Ecological Perspective on the Vulnerability of Eurodescendants

      Francisco Albanese

      3

    • Remembering Francis Parker Yockey: September 18, 1917–June 16, 1960

      Greg Johnson

    • The Counter-Currents 2023 Fundraiser: Idealism Alone Can’t Last Forever

      Pox Populi

      3

    • Ask Me Anything with Millennial Woes

      Greg Johnson

    • Most White Republicans at Least Slightly Agree with the Great Replacement Theory

      David M. Zsutty

      13

    • Field of Dreams: A Right-Wing Film?

      Morris van de Camp

      2

    • Rich Snobs vs. Poor Slobs: The Schism Between “Racist” Whites

      Jim Goad

      97

    • Memories of Underdevelopment: Revolution & the Bourgeois Mentality

      Steven Clark

      2

    • Diversity: Our Greatest Strength?

      Greg Johnson

      2

    • Jon Stewart’s Irresistible: An Election in Flyover Country

      Beau Albrecht

      2

    • Apocalyptic Summertime Fun

      Gunnar Alfredsson

      1

    • Genius Loci: The Rise and Fall of the Great Comedian Peter Cook

      Mark Gullick

      12

    • Counter-Currents Radio Podcast No. 551: Ask Me Anything with Matt Parrott

      Counter-Currents Radio

      2

    • It’s Time to Wind Down the Empire of Nothing

      Morris van de Camp

      1

    • Should Whites Turn Their Backs on the US Military? A Response to Padraig Martin of Identity Dixie

      Spencer J. Quinn

      47

    • Counter-Currents Radio Podcast No. 550: Catching Up with Matt Parrott

      Counter-Currents Radio

      5

    • Race and IQ Differences: An Interview with Arthur Jensen, Part 1

      Arthur Jensen

    • Otázka ženského masochismu

      F. Roger Devlin

    • The Worst Week Yet: September 3-9, 2023

      Jim Goad

      33

    • Robert F. Kennedy, Jr.’s The Real Anthony Fauci, Part Two: The HIV Swindle

      Jef Costello

      33

    • Born Innocent

      Travis LeBlanc

      6

    • The Counter-Currents 9/11 Symposium

      Greg Johnson

    • Remembering D. H. Lawrence: September 11, 1885–March 2, 1930

      Greg Johnson

      4

    • Nothing KKKompares to the KKK

      Jim Goad

    • Catching Up with Matt Parrott

      Greg Johnson

    • Sexuální utopie v praxi, část 4

      F. Roger Devlin

    • Prepping for the Collapse

      Greg Johnson

      9

    • Robert F. Kennedy, Jr.’s The Real Anthony Fauci, Part One

      Jef Costello

      44

    • October ’44 — The Liberation of Nemmersdorf: A Graphic Novel

      Clarissa Schnabel

      9

    • Nothing KKKompares to the KKK

      Jim Goad

      17

    • They Burn Churches Too, You Know

      Spencer J. Quinn

      16

    • There Is a Political Solution: A Review of Guido Taietti’s Political Witchcraft

      Pox Populi

      2

  • Classics Corner

    • Leo Strauss, the Conservative Revolution, & National Socialism, Part 1

      Greg Johnson

      22

    • Leo Strauss, the Conservative Revolution, & National Socialism, Part 2

      Greg Johnson

      3

    • Leo Strauss, the Conservative Revolution, & National Socialism, Part 3

      Greg Johnson

      13

    • Remembering H. Keith Thompson
      September 17, 1922–March 3, 2002

      Kerry Bolton

      1

    • Be All You Can Be: On Joining the Military

      Ash Donaldson

      22

    • Transcript of FOX News’ Banned Report on Israel & 9/11

      Spencer J. Quinn

    • The Banned FOX News Report on Israel’s Role in 9/11

      Spencer J. Quinn

      12

    • The Psychology of Conversion

      Greg Johnson

      43

    • Animal Justice?

      Greg Johnson

      18

    • Uppity White Folks and How to Reach Them

      Greg Johnson

      6

    • Lord Kek Commands!
      A Look at the Origins of Meme Magic

      James J. O'Meara

      7

    • Major General J. F. C. Fuller
      (September 1, 1878–February 10, 1966)

      Anonymous

      5

    • Remembering Johann Gottfried von Herder
      (August 25, 1744–December 18, 1803)

      Martin Lichtmesz

      2

    • Moral Seriousness

      Greg Johnson

      13

    • Columbus Day Special
      The Autochthony Argument

      Greg Johnson

      8

    • Remembering Knut Hamsun
      (August 4, 1859–February 19, 1952)

      Greg Johnson

      8

    • Sir Reginald Goodall: An Appreciation

      Greg Johnson

      3

    • 7-11 Nationalism

      Richard Houck

      28

    • Philip K. Dick’s Do Androids Dream of Electric Sheep? as Anti-Semitic/Christian-Gnostic Allegory

      Greg Johnson

      7

    • Eraserhead:
      A Gnostic Anti-Sex Film

      Trevor Lynch

      17

    • Remembering Revilo Oliver
      (July 7, 1908–August 20, 1994)

      Greg Johnson

      17

    • Lars von Trier & the Men Among the Ruins

      John Morgan

      16

    • Heidegger without Being

      Greg Johnson

      17

    • Junetarded Nation

      Jim Goad

      8

    • Counter-Currents Radio Podcast No. 338
      Ted Talk

      Counter-Currents Radio

      3

    • Hegemony

      Greg Johnson

      11

    • Cù Chulainn in the GPO:
      The Mythic Imagination of Patrick Pearse

      Michael O'Meara

      5

    • Remembering Dominique Venner
      (April 16, 1935 – May 21, 2013)

      Greg Johnson

      11

    • A Robertson Roundup: 
      Remembering Wilmot Robertson
      (April 16, 1915 – July 8, 2005)

      Margot Metroland

      13

    • Metapolitics and Occult Warfare

      Greg Johnson

      2

  • Paroled from the Paywall

    • Death by Hunger: Two Books About the Holodomor

      Morris van de Camp

      4

    • A Child as White as Snow

      Mark Gullick

      6

    • Jonathan Bowden’s Final Lecture on Video: Charles Maurras, Action Française, and the Cagoule

      Jonathan Bowden

      1

    • Who Was Lawrence R. Brown? Biographical Notes on the Author of The Might of the West

      Margot Metroland

      16

    • California Discontent, Part 2: Frank Norris’ The Octopus

      Steven Clark

      1

    • California Discontent, Part 1: John Steinbeck’s East of Eden

      Steven Clark

    • 12 More Sex Differences Due to Nature

      Richard Knight

      3

    • Counter-Currents Radio Podcast No. 545 Pox Populi and Morgoth on the Age of Immigration and More 

      Counter-Currents Radio

    • When White Idealism Goes Too Far: Saints of the American Wilderness

      Spencer J. Quinn

      10

    • A Compassionate Spy?

      Beau Albrecht

      11

    • Counter-Currents Radio Podcast No. 544 Pox Populi, American Krogan, & Endeavour on the Metaverse

      Counter-Currents Radio

    • Nietzsche and the Psychology of the Left, Part Two

      Collin Cleary

      2

    • Thoughts on an Unfortunate Convergence: Doctors, Lawyers, and Angry Women

      Stephen Paul Foster

      5

    • Against Liberalism: Society Is Not a Market, Chapter I, Part 3: What Is Liberalism?

      Alain de Benoist

    • Against Liberalism: Society Is Not a Market, Chapter I, Part 2: What Is Liberalism?

      Alain de Benoist

      1

    • Against Liberalism: Society Is Not a Market, Chapter I, Part 1: What Is Liberalism?

      Alain de Benoist

      1

    • Misrepresentative Government: Why Democracy Doesn’t Work, Part IV

      Kenneth Vinther

      2

    • Misrepresentative Government: Why Democracy Doesn’t Work, Part III

      Kenneth Vinther

      1

    • Counter-Currents Radio Podcast No. 543 Greg Johnson on Plato’s Gorgias, Lecture 4

      Counter-Currents Radio

    • Misrepresentative Government: Why Democracy Doesn’t Work, Part I

      Kenneth Vinther

      1

    • Jack London’s The Iron Heel as Prophecy, Part 2

      Beau Albrecht

    • The Scottish Mr. Bond? An Interview with Mystic

      Travis LeBlanc

      2

    • Counter-Currents Radio Podcast No. 542 Greg Johnson on Plato’s Gorgias, Lecture 3

      Counter-Currents Radio

    • The Bard Across Three Reichs: Germany, Shakespeare, and Andreas Höfele’s No Hamlets, Part II

      Kathryn S.

      4

    • The Bard Across Three Reichs: Germany, Shakespeare, and Andreas Höfele’s No Hamlets, Part I

      Kathryn S.

      3

    • Against Liberalism: Society Is Not a Market, Introduction, Part III

      Alain de Benoist

    • Against Liberalism: Society Is Not a Market, Introduction, Part II

      Alain de Benoist

    • Against Liberalism: Society Is Not a Market, Introduction, Part I

      Alain de Benoist

      1

    • Süssical: Jud Süß, Part 2

      Steven Clark

      3

    • Michigan’s Yankees

      Morris van de Camp

      1

  • Recent comments

    • AAAA

      Crowdsourcing Contest! Our Banner

      I found it a bit strange that a cross wasn't mentioned.. Especially considering how many European...

    • Morris van de Camp

      Crowdsourcing Contest! Our Banner

      Some basics for flag designs: https://nava.org/good-flag-bad-flag

    • Janey

      Crowdsourcing Contest! Our Banner

      Background could also be a mountain range/landscape of some sort versus an example of architecture.

    • Janey

      Crowdsourcing Contest! Our Banner

      Maybe someone can take this and expand on it or just be inspired: a flag with a royal blue...

    • Fred C. Dobbs

      Having It All: America Reaps the Benefits of Feminism

      Funny take! But I think the Star Wars franchise jumped the shark in 1982 right after The Empire...

    • Greg Johnson

      Crowdsourcing Contest! Our Banner

      Yes and yes

    • Beau Albrecht

      Crowdsourcing Contest! Our Banner

      Should we send them in as graphics then?  Multiple entries OK?

    • Vauquelin

      Adult Cartoons Are a Disaster for Western Civilization, Part 2

      Say what you want about South Park, but it had one of their main characters be a raving anti-semitic...

    • Martin Lichmez

      The Virgin Queen Chihuahua Has Spoken!

      This annoying little shit clearly picked the wrong guy for a fight.

    • Beastie Goy

      Adult Cartoons Are a Disaster for Western Civilization, Part 2

      You may be the best writer CC (Don’t tell Jim Goad!). Impressive vocabulary, research depth and...

    • 90s kid

      Adult Cartoons Are a Disaster for Western Civilization, Part 1

      I watched SpongeBob until I was in 7th grade. I remember being in woodworking class 20 years ago and...

    • 90s kid

      Adult Cartoons Are a Disaster for Western Civilization, Part 1

      I understand the theme of this article, but it’s rather limited. I have not sworn in nearly 2 years...

    • David Cavall

      Adult Cartoons Are a Disaster for Western Civilization, Part 1

      Our culture and society has been debased. Crudity, moronic humor and crassness are the norm in...

    • Emmett White

      Having It All: America Reaps the Benefits of Feminism

      We have been humoring you ladies, with your daft euphemisms for infanticide like 'reproductive...

    • Liam Kernaghan

      The Virgin Queen Chihuahua Has Spoken!

      "If one goes out of their way to alienate the white working class, you’ve lost the largest potential...

    • DarkPlato

      The Captivity Narrative of Fanny Kelly

      Good review.  Yeah, yeah, I was having the same thoughts too!  The writing seems professional...

    • Jim Goad

      The Virgin Queen Chihuahua Has Spoken!

      Here's the video version of this article. It'll be posted separately here on Sunday, but it'd be...

    • Don

      Adult Cartoons Are a Disaster for Western Civilization, Part 2

      Cartoons a threat to Western Civilization? Hmmm...I kind of bristled at first blush but reading...

    • MBlanc46

      Adult Cartoons Are a Disaster for Western Civilization, Part 2

      Absolutely. A lot of the cartoons were definitely aimed at an adult audience, although there was...

    • Al Dante

      Adult Cartoons Are a Disaster for Western Civilization, Part 2

      Cartoons once had their place for adults in movie theatres as shorts before the main feature, which...

  • Book Authors

    • Beau Albrecht
    • Alain de Benoist
    • Kerry Bolton
    • Jonathan Bowden
    • Collin Cleary
    • Jef Costello
    • Savitri Devi
    • F. Roger Devlin
    • Buttercup Dew
    • Julius Evola
    • Jim Goad
    • Gregory Hood
    • Juleigh Howard-Hobson
    • Greg Johnson
    • Charles Krafft
    • Anthony M. Ludovici
    • Trevor Lynch
    • H. L. Mencken
    • J. A. Nicholl
    • James J. O’Meara
    • Christopher Pankhurst
    • Tito Perdue
    • Michael Polignano
    • Spencer J. Quinn
    • Fenek Solère
    • Irmin Vinson
    • Leo Yankevich
    • Francis Parker Yockey
    • Multiple authors
  • Webzine Authors

    Editor-in-Chief

    • Greg Johnson, Ph.D.

    Featured Writers

    • Beau Albrecht
    • Morris V. de Camp
    • Stephen Paul Foster, Ph.D.
    • Jim Goad
    • Alex Graham
    • Mark Gullick, Ph.D.
    • Greg Johnson, Ph.D.
    • Spencer J. Quinn

    Frequent Writers

    • Aquilonius
    • Anthony Bavaria
    • Alain de Benoist
    • Kerry Bolton, Ph.D.
    • Collin Cleary, Ph.D.
    • Jef Costello
    • F. Roger Devlin, Ph.D.
    • Richard Houck
    • Ondrej Mann
    • Margot Metroland
    • John Morgan
    • Trevor Lynch
    • James J. O’Meara
    • Kathryn S.
    • Thomas Steuben
    • Michael Walker

    Classic Authors

    • Maurice Bardèche
    • Jonathan Bowden
    • Julius Evola
    • Guillaume Faye
    • Ernst Jünger
    • Kevin MacDonald, Ph.D.
    • D. H. Lawrence
    • Charles Lindbergh
    • Jack London
    • H. P. Lovecraft
    • Anthony M. Ludovici
    • Sir Oswald Mosley
    • National Vanguard
    • Friedrich Nietzsche
    • Revilo Oliver
    • William Pierce
    • Ezra Pound
    • Saint-Loup
    • Savitri Devi
    • Carl Schmitt
    • Miguel Serrano
    • Oswald Spengler
    • P. R. Stephensen
    • Jean Thiriart
    • John Tyndall
    • Dominique Venner
    • Leo Yankevich
    • Francis Parker Yockey

    Other Authors

    • Howe Abbott-Hiss
    • Michael Bell
    • Buttercup Dew
    • Giles Corey
    • Bain Dewitt
    • Jack Donovan
    • Richardo Duchesne, Ph.D.
    • Emile Durand
    • Guillaume Durocher
    • Mark Dyal
    • Fullmoon Ancestry
    • Tom Goodroch
    • Andrew Hamilton
    • Robert Hampton
    • Huntley Haverstock
    • Derek Hawthorne
    • Gregory Hood
    • Juleigh Howard-Hobson
    • Alexander Jacob
    • Nicholas Jeelvy
    • Ruuben Kaalep
    • Tobias Langdon
    • Julian Langness
    • Travis LeBlanc
    • Patrick Le Brun
    • G A Malvicini
    • John Michael McCloughlin
    • Millennial Woes
    • Michael O’Meara
    • Christopher Pankhurst
    • Michael Polignano
    • J. J. Przybylski
    • Quintilian
    • Edouard Rix
    • C. B. Robertson
    • C. F. Robinson
    • Herve Ryssen
    • Alan Smithee
    • Fenek Solere
    • Ann Sterzinger
    • Robert Steuckers
    • Tomislav Sunic
    • Donald Thoresen
    • Marian Van Court
    • Irmin Vinson
    • Aylmer Wedgwood
    • Scott Weisswald
  • Departments

    • Book Reviews
    • Movie Reviews
    • TV Reviews
    • Music Reviews
    • Art Criticism
    • Graphic Novels & Comics
    • Video Game Reviews
    • Fiction
    • Poems
    • Interviews
    • Videos
    • English Translations
    • Other Languages
      • Arabic
      • Bulgarian
      • Croatian
      • Czech
      • Danish
      • Dutch
      • Estonian
      • Finnish
      • French
      • German
      • Greek
      • Hungarian
      • Italian
      • Lithuanian
      • Norwegian
      • Polish
      • Portuguese
      • Romanian
      • Russian
      • Slovak
      • Spanish
      • Swedish
      • Ukrainian
    • Commemorations
    • Why We Write
  • Archives
  • Top 100 Commenters
  • Private Events
  • T&C
  • Contact
Sponsored Links
Spencer J. Quinn Above Time Coffee Antelope Hill Publishing Identaria Paul Waggener IHR-Store Asatru Folk Assembly No College Club American Renaissance The Patrick Ryan Show Jim Goad The Occidental Observer
Print October 28, 2014 6 comments

Kerry Bolton’s The Banking Swindle

Eugène Montsalvat

bankingswindle3,397 words

French translation here

Kerry Bolton
The Banking Swindle: Money Creation and the State
London: Black House Publishing, 2013

Kerry Bolton’s The Banking Swindle is a great introduction to the economics of the true Right, which aligns itself against the forces of usury. The topic of economics is quite neglected in the discourse of the modern Right, especially in the Anglosphere. Concerns about race, immigration, multiculturalism, or historical revisionism consume far more ink than the question of money, however behind all of these issues lies money power. Indeed Bolton refers to its paramount importance:

No other policy of the Right, in whatever part of the world, is possible without the need to first secure the economic and financial sovereignty of the state, and this can only be achieved when the State or Crown assumes the prerogative over banking and credit creation. The bottom line is that no State — and hence people — are truly free while any decisions that are made can be undermined and wrecked by decisions made in the boardrooms of global corporations, by the fluctuations of the world stock market, and by the power of bankers to turn off the credit supply if a state pursues policies not in the interest of the plutocracy. . . . All other issues, including the Right’s now usually be-all issue of race and immigration, are secondary, and no Rightist government could implement Rightist policies until the sovereignty of credit creation is achieved.

The system of interest finance allows bankers to create money out of nothing and loan it at interest, which must be repaid with real production. As Gottfried Feder and Dietrich Eckart stated in their pamphlet, To All Working People, “Interest has to come from somewhere after all, somewhere these billions and more billions have to be produced by hard labour! Who does this? You do it, nobody but you! That’s right, it is your money, hard earned through care and sorrow, which is as if magnetically drawn into the coffers of these insatiable people . . .” Thus entire nations can be bound by debt and their physical assets seized to pay off the creditors who created their debt. Hence we see nations like Greece enduring austerity regimes, where the services are cut and the nation’s assets sold, to ensure that the bondholders do not lose their money. Over and over again people are told to tighten their belts, cut spending, and do without, in order to keep the financial system afloat. Yet during the Great Depression, alternatives to this system were popular and were advocated by nationalist and anti-liberal movements. Bolton illuminates this forgotten chapter in economic history.

Before addressing the various alternatives to the debt finance system, Bolton briefly discusses its history. He notes that while usury dates back to Mesopotamian times, with Babylon’s loans of seed-corn, the modern system of international finance, based in the City of London, yet loyal only to profit, emerged with the expansion of commerce Age of Exploration and the weakened position of the anti-usury Catholic Church following the Reformation. The victory of the mercantile forces of Oliver Cromwell over the agricultural, feudal interests of Charles I in the English Civil War paved the way for financial domination. Cromwell maintained good relations with Dutch, Sephardic Jewish, and Huguenot merchants, paving the way for London to become the major financial centre in Europe.

The so-called Glorious Revolution of 1688 sealed this result, with the Catholic King James II deposed and replaced with the Dutch Protestant William III, who had borrowed heavily from Amsterdam’s banks to fight his wars. Under William II the Bank of England was chartered, establishing a private bank with the purpose of lending the throne money at interest. From 1700 to 1815, the national debt of Britain grew from 12 million pounds to 850 million, funded by this bank.

The Rothschild family, originally from Frankfort and branching out to Paris, Naples, Vienna, and London, became involved in the English struggle against Napoleon under Nathan Rothschild, utilizing their international network to gather information. It is necessary to note that Napoleon’s economic system sought to achieve autarky and the Bank of France limited dividends and extended credit at low interest rates to aid manufacturers rather than leave them indebted. A victory for Napoleon would have meant a tremendous loss for the forces of finance. The victory of the British Empire and its global expansion allowed the Rothschild family to extend their influence.

Nathan’s grandson “Natty” Rothschild cultivated links with imperialist Cecil Rhodes. But Rothschild was not a British imperialist for the sake of Britain, indeed he extended loans to the anti-British Boer government in 1892, much to displeasure of Rhodes. Rothschild simply saw the British Empire as the safest means of supporting commerce. As colonial expansion slowed, they adopted an internationalist line, abandoning the antiquated Empire that now served as a barrier to free trade, forging links with New York and Tokyo following the Second World War.

In recent history, it was the events of the Great Depression awakened many to the flaws of the interest finance system. The Federal Reserve, the private bank that controls the United States’ money supply, called in the loans from its 12 regional branches, who in turn financed the various local banks of the country, at the end of this transaction the ordinary debtor was forced to pay or face foreclosure. In the midst of this crisis, farmers were ordered to destroy stockpiles of food that couldn’t be purchased for lack of funds, while people went hungry. Unlike today, the people and their political leaders did not blindly follow the solutions offered by the same people who caused the problem, rather they sought out alternatives to usury. The interrelated concepts of state credit and social credit found widespread popular support.

The idea of state credit pre-dates the concept of social credit, which was codified by Major C. H. Douglas in the 1920s and 1930s. In a state credit system, the state prints its own money and uses it to purchase goods and services or loans it to producers at zero or minimal interest, rather than borrowing money from creditors at interest and having the people of the state work to pay the interest on these outside loans.

One early example of state credit was seen in Quebec in 1685, when the colony failed to receive funding from the crown. The Intendant of the Province, Monsieur de Meulle, faced with the inability to pay his troops, and having no ability to borrow money nor a press to print it, simply collected playing cards, cut them up, and used them as currency in the place of outside funds. This action saved the French crown 13,000 livres. The cards acted as scrip: arbitrary objects such as paper or tokens that serve as legal tender.

Scrip was used on the British Isle of Guernsey in 1820, when the state could neither secure outside loans nor increase taxes to raise the funds need to maintain and improve the local infrastructure. To deal with the situation the state issued 6,000 pounds worth of State Notes, which were used to pay for needed improvements on the island. While the idea of a state printing its own money and using it to pay for goods and services directly is dismissed as “funny money,” the Isle of Guernsey subsequently prospered from the creation of debt-free currency. The only difference between this alleged “funny money” and regular money was that it was not created at a usurious interest by a private bank.

In the turbulent years of the Weimar Republic, when hyperinflation effected the value of the Mark, the Wära, issued by the Wära Barter Company, was notable example of economically successful scrip. Following the Great Depression in 1929, the employees of Hebecker in the village of Schwanenkirchen were paid in Wära, which the villagers accepted as valid currency. The resulting success in Schwanenkirchen was described as miraculous in the press and eventually 2000 corporations accepted it until it was banned in 1931. In the Austrian town of Woergl a similar currency to the Wära was implemented, where the mayor’s Local Relief Commission issued stamps to serve as scrip, which paid for new public works programs, which reduced unemployment. The Woergl stamp scrip was outlawed in 1933.

In the English-speaking countries, the events of the Great Depression fuelled interest in alternatives to the debt finance system, particularly the Social Credit system of England’s Major C. H. Douglas. The basic premise of the system is that the amount of money in circulation is never equal to the amount needed to consume the whole of what is produced. This is demonstrated by the “A+B Theorem.” Let A be the amount a producer pays his employees, and let B be the amount a producer spends on outside payments. The minimum amount needed to sustain the producer is the sum, A+B, however only A has purchasing power. Thus B is really a shortfall of purchasing power. To address the shortfall in purchasing power, Douglas proposed a “National Dividend,” paid by the state to the people, issued not as debt to be repaid, but as the birthright of the citizen.

A prominent exponent of this idea was the American poet Ezra Pound, who saw Italian Fascism as a vehicle for Social Credit. In New Zealand the poet Rex Fairburn adopted the ideas of Social Credit as well. Douglas’ tour of New Zealand also inspired Campbell Begg’s New Zealand Legion, which at one timed amassed 20,000 members. In Great Britain, the Green Shirts, an organization descended from the Anglo-Saxon and Medieval inspired Kibbo Kift scouting movement, rallied the unemployed and hungry to the idea of Social Credit. In 1936, Green Shirts founder John Hargrave was appointed an advisor to a Social Credit government in Alberta, Canada. However, the central government foiled attempts at properly implementing the system. W. K. A. J. Chambers-Hunter supported Social Credit ideas in Oswald Mosley’s British Union of Fascists, under the premise that “British credit shall be used for British purposes.” In Canada, a Catholic organization called the Pilgrims of St. Michael, founded in 1935 by Louis Even and still extant, emphasized Social Credit as an alternative to the sinful usury based finance system.

Yet there was another Catholic crusader against usury that influenced the Pilgrims of St. Michael. In America, Canadian-born Father Charles Coughlin, the host of a popular Roman Catholic radio show for children, addressed their parents on broadcast on the issue of money, his well-received attack on usury lead to the creation of the Radio League of the Little Flower. By 1932 he had an audience of up to 45 million listeners. Originally a proponent of the New Deal, Coughlin broke with Roosevelt and created the National Union for Social Justice, which distributed his paper Social Justice. He demanded the abolition of private banking and returning the ability to print and regulate the money supply to Congress, in place of the Federal Reserve. However, increasing opposition in the hierarchy of the Catholic Church and changes in radio regulations caused by the outbreak of World War II forced Coughlin to cease broadcasting in 1940, and in 1942 Social Justice was banned from the US mail.

While much of the popular outrage over the injustices of the debt-finance system died with World War II, it resulted in concrete political changes in several countries. Long before the Great Depression, the Australian Labour politician King O’Malley identified the banking system as the root of the common man’s misery stating, “The present banking system was founded on the idea that the many were created for the few to prey on. Debts are contracted for land, labour, products, and other commodities. When interest rises government bonds depreciate, holders sell to secure ready money to benefit by rise in interest. High rates of interest rapidly increase the indebtedness of the people.”

His proposed solution was the creation of a Commonwealth Bank that would serve as a national bank of the issue of currency without resorting to usury. Eventually, after much struggle, the Commonwealth Bank was instituted as a state-owned, but commercial bank, and it failed to issue state credit, however it’s first governor didn’t use private capital to fund the bank and was able to fund Australia’s government without imposing usurious interest upon the nation.

In the First World War, while other nations were paying 6% on their debt, the Commonwealth Bank only charged 1%, sparing Australia the ensuing economic turmoil. Until 1924, the Commonwealth Bank financed the construction of homes, roads, railways, and other forms of infrastructure at minimum charge, resulting in great prosperity. Yet in 1924, private interests took control of the governing directorate, and this came to an end.

Another political success in the antipodes was the New Zealand’s state housing program funded by the state credit from the Reserve Bank. This project reduced unemployment in the depths of the Great Depression. An initial 5 million pounds of state credit were issued, at minimal interest, without the backing of any other private financial institution. While the state housing project is widely lauded, the unorthodox method of its financing is barely commented upon in history books. The Banking Swindle does tremendous service to financial history by recounting the success of what is far too often dismissed as “funny money.”

The pivotal figure in the struggle for state credit in New Zealand was John A. Lee, a socialist influenced by the ideas of Social Credit, who outlined his vision in Money Power for the People. He stated, “that winning complete financial power as the first move toward a new social order,” realizing that state owned interests would be powerless if they depended upon private or foreign financing, which could be manipulated to produce detrimental effects on New Zealand’s people. This lesson has been lost upon many of the self-proclaimed socialist governments of the world, like Greece, whose socialist government borrowed millions from foreign investors only have austerity forced upon it by these usurers.

The principle of freedom from the chains of international finance appealed to the nationalists of the era as well, as noted by the BUF’s endorsement of “British Credit for British purposes.” One of the founding principles of the German Worker’s Party, which later become the National Socialist German Worker’s Party, was to break the bondage of interest. The primary economic mind behind them was Gottfried Feder, a founding member of the German Worker’s Party. Recognizing that interest gave money a power to reproduce itself at a cost to productive labour, Feder advocated the abolishment of income earned without physical or intellectual labour, a concept enshrined as the 11th point of the NSDAP. While the Marxists focused their ire on private property, Feder stated that “you never hear a word about, never a syllable, and there is nothing in the world which is such a curse on humanity! I mean loan capital!” Following the National Socialist assumption of power state credit was used to fund public works projects and the interest rates were limited by law. Hitler himself remarked:

All thoughts of gold reserves and foreign exchange fade before the industry and efficiency of well-planned national productive resources. We can smile today at an age when economists were seriously of the opinion that the value of currency was determined by the reserves of gold and foreign exchange lying in the vaults of the national banks and, above all, was guaranteed by them. Instead of that we have learned to realize that the value of a currency lies in a nation’s power of production, that an increasing volume of production sustains a currency, and could possibly raise its value, whereas a decreasing production must, sooner or later, lead to a compulsory devaluation.

In the realm of international trade, Germany directly bartered their surplus commodities for the commodities of other nations, avoiding the financial system’s commodity exchanges. Through a policy of economic self-sufficiency, above all avoiding the credit market’s snares, German was able to create full employment for its people. Henry C. K. Liu, a modern economist stated, “through an independent monetary policy of sovereign credit and a full-employment public works program, the Third Reich was able to turn a bankrupt Germany, stripped of overseas colonies it could exploit, into the strongest economy in Europe within four years, even before armament spending began . . . While this observation is not an endorsement for Nazi philosophy, the effectiveness of German economic policy in this period, some of which had been started during the last phase of the Weimar Republic, is undeniable.”

Furthermore, Germany’s Axis partners also pursued nationalist alternatives to the global financial system. In 1932 the Bank of Japan was reorganised as a state bank, issuing credit based solely on the needs of Japanese producers. From 1931–1941, Japanese industrial production rose 136% and the national income grew 241%. In Italy the state assumed control over the major banks through the Instituto Mobiliare Italiano in 1931. In 1936 Banking Law made the Bank of Italy the only bank for lending credit to other banks, removed limits on state borrowing, and removed Italy from the gold standard. Moreover it declared that the issuing of credit must serve the public. The Italian Social Republic took the ideas of profit sharing and worker co-management further during its short existence from 1943–1945, actively seeking to involve the common man in the control of industry with a program developed by former Communist Nicola Bombacci.

With the defeat of the Axis and the subsequent Cold War, Rightism, which had previously opposed liberalism in the economic as well as social spheres, became synonymous with Anglo-American free market policies, which played into the hands of debt finance. In regards to the origins of this supposed Capitalist versus Communist clash, Bolton also makes it clear that the Bolshevik Revolution was welcomed by American financiers such as Jacob H. Schiff and John B. Young. Schiff himself financed The Friends of Russian Freedom, which spread revolutionary propaganda to Russian prisoners of war during the Russo-Japanese War.

The true reason for the financiers’ enmity against the Tsar was Russia’s refusal to cede sovereignty over its economy. The State Bank of the Russian Empire was under the control of the Ministry of Finance and it extended credit at minimal interest to Russian producers. Russia possessed large reserves of gold itself, so it had no need to borrow from the outside. For the most part the Tsarist economy was autarkic, beyond the grasp of international finance.

Against this false opposition between equally destructive ideologies of capitalism and communism, which have at their root atomized materialism, the real right stands for the superiority of spiritual values over profits. Bolton approvingly quotes Tsarist apologist George Knupffer, “We would feel certain that all of those who put the spirit above things material, duty above greed and love above hate and envy are in the camp of the Organic Right.” A fundamental premise of the economics of the true right must be the subordination of money to a higher cause, cultural good of a people. The people should not work to earn money to maintain their humdrum lives as cogs in the machinery of debt-finance, they should work for their greater glory. Communism and Capitalism are two sides of the same materialistic coin. As Spengler noted:

The concepts of Liberalism and Socialism are set in effective motion only by money. It was the Equites, the big-money party, which made Tiberius Gracchus’ popular movement possible at all; and as soon as that part of the reforms that were advantageous to themselves had been successfully legalized, they withdrew and the movement collapsed.

There is no proletarian, not even a communist, movement that has not operated in the interests of money, in the directions indicated by money, and for the time permitted by money — and that without the idealist amongst its leaders having the slightest suspicion of the fact.

Throughout the 19th and 20th centuries there were movements that fought both forms of materialism, as Bolton has chronicled in this book and others. While today’s Right devotes much time to issues of race and immigration, it is necessary to understand the economic origins of this increasingly rootless, atomized world we must fight. The Banking Swindle serves as an excellent history of the movements that sought to break the bondage of interest and as primer on the true economics of the right. In this dark age of austerity, it illuminates a way forward for the nations under the heel of global finance, and one can only hope that it inspires the actions necessary for their liberation from these golden chains.

 

Related

  • Plastic Patriotism: Propaganda and the Establishment’s Crusade Against Germany and German-Americans During the First World War

  • Bad to the Spone: Charles Krafft’s An Artist of the Right

  • The Unnecessary War

  • Remembering Francis Parker Yockey: September 18, 1917–June 16, 1960

  • Field of Dreams: A Right-Wing Film?

  • It’s Time to Wind Down the Empire of Nothing

  • Robert F. Kennedy, Jr.’s The Real Anthony Fauci, Part Two: The HIV Swindle

  • Robert F. Kennedy, Jr.’s The Real Anthony Fauci, Part One

Tags

bankingbook reviewsC. H. DouglaseconomicsEugène MontsalvatEzra PoundfascismFather Charles CoughlinGottfried FederJohn A. LeeKerry BoltonNational SocialismOswald SpenglerSocial CreditThird Way economicsusury

Previous

« From the Editor 
Lana Lokteff interviews Greg Johnson

Next

» “Everything is Still Possible”

6 comments

  1. James J. O'Meara says:
    October 28, 2014 at 11:59 am

    An excellent review of an important, nay, essential book!

    0
    0
  2. Glen says:
    October 28, 2014 at 7:29 pm

    Thanks for this excellent review of The Banking Swindle. I’ll order the book soon, for this is a topic near and dear to me. I just received “The Social Credit proposals explained in 10 lessons and viewed in the light of the social doctrine of the Church” by Alain Pilote, published by Pilgrims of Saint Michael, Rougemont, Quebec, Canada. Amazon distributor, “Mystical Rose,” upgraded my shipping to first class and included a writing pad for free.

    0
    0
  3. Kerry Bolton says:
    October 29, 2014 at 3:47 am

    Thank you very much for the detailed review.

    0
    0
  4. Jaego says:
    October 29, 2014 at 1:56 pm

    A Nation who puts race first will get the money issue right. But there is no guarantee of the opposite. That’s the difference between Conservatism and the true Right.

    0
    0
  5. EconBabe says:
    October 30, 2014 at 12:45 pm

    Though White Nationalism is the only social dispensation I can imagine leading to civil outcomes, I (an anonymous academic economist with a pension to protect) cannot foresee a successful program based on your stated “Right-wing alternatives to capitalism”. Some recent submissions to Counter-Currents have put me off in the following particulars. Your authors might wish to address them in order to challenge, and perhaps attract, those of us with more conventional training in economics.

    1. Kerry Bolton’s The Banking Swindle is admirable as concise history and critique; but I am afraid you will not (and should not) convince anyone familiar with economic history that ‘fiat money’ is better than ‘debt money’ or, for that matter, the reverse. As history shows that all forms of political organization have worked, and all have failed, so it has been with all monetary regimes. Civility, whether in politics or commerce, is not a formula: it either resides in dedication to continuance of a national ethos, or it is absent.

    2. Achieving “sovereignty of credit creation” does not mean that even the most benign and gifted sovereign also achieves sufficient wisdom to govern an economy. The Nazi’s public works programs were superior in outcome to those of the Democrats, but only because they were governed by a technically superior ethnos. Pre-war National Socialism was not, however, especially efficient in purely economic terms.

    3. While there are civic alternatives to capitalism-the-self-interested-disposition-of private-property there are no practical alternatives to capitalism-the-criterion-for-economic-optimality. Spengler analogized human society to a biological organism, and we might be wise to view society’s material substrate in the same way. The economy is a self-organizing dynamic system that is only made stable by its affinity to a unique state. Capitalism’s premise of ‘marginal revenues tending toward marginal costs’ is the homeostasis of this economic beast. Conceal its homeostatic point, and the beast perishes in a chaotic search to find it.

    4. Social Credit and Distributism have their benign applications as means for spreading purchasing power in an ethnically coherent state, but please don’t fool yourselves into thinking this will create an optimal distribution of productive assets on the supply side of a modern industrial economy. Assets exist in certain amounts at certain times and places because they are generally optimal, not because of how purchasing power might be distributed on the economy’s demand side.

    5. If you want to close down the Austrian School, then quit validating the Jews and Catholics who tell you that their Socialist Calculation Problem cannot be solved. It is our Socialist Calculation Problem, and it was solved decades ago entirely within the context of our uniquely Western scientific tradition. (My favored solution can be seen operating continuously at http://www.sfecon.com.) Socialist calculation is the only functional means for optimizing productive assets without the involvement of international financial markets.

    6. Try grounding your understandings of money on Nietzsche’s view of societies as networks of obligations:

    http://www.sfecon.com/1_Discussions/15_Money/Nietzsche.pdf

    Then think of money as the unit of measure through which social and commercial obligations are quantified.

    Thank you. I feel better now.

    0
    0
  6. Kerry Bolton says:
    October 31, 2014 at 8:04 am

    EconBabe
    Your views on economics are so muddled that you really should ask for you money back from the tertiary institution that failed to deliver a sound education. The nature of credit is not taught in economics classes. Fiat money is a red herring. We’re talking for the most part credit, since commerce does not primarily operate on the amount of currency in circulation, but the amount of credit issued as a debt. New Zealand is an example where state credit was used to fund state housing, at 1% and the project and spinoffs found work for 75% of the unemployed when much of the rest of the world was still in depression.
    the most dramatic example of the failure of debt finance is what is called ‘poverty amidst plenty’, where for example, Irish starved to death in masses while they were obliged to export food to pay for their debt, or the farm produce that was destroyed in NZ and the USA during the depression because there was not the means of facilitating its purchase and distribution, while masses starved. How does that relate to optimal assets?

    Jaego, how many white nationalists have the foggiest idea about the debt system? If a white nationalist movement assumed power, it seems the chances are high that there would be darn fool arguments about the efficacy of gold or silver or the merits of market forces. How many ‘nationalist ‘parties don’t even have a proper finance policy ?

    Things were better understood in Coughlin” s and Pound’s time. During the 1930s in NZ the banking system was popularly understood, far better than present-day educated people . a few years ago we even had a NZ Minister of Finance who claimed that credit is based on savings deposits in banks – it remains unclear whether he was lying, joking, or stupid.

    0
    0

Comments are closed.

If you have Paywall access,
simply login first to see your comment auto-approved.

Note on comments privacy & moderation

Your email is never published nor shared.

Comments are moderated. If you don't see your comment, please be patient. If approved, it will appear here soon. Do not post your comment a second time.

  • Recent posts

    • Crowdsourcing Contest! Our Banner

      A. C. C. Reader

      6

    • Adult Cartoons Are a Disaster for Western Civilization, Part 2

      Travis LeBlanc

      6

    • Having It All: America Reaps the Benefits of Feminism

      Beau Albrecht

      2

    • The Captivity Narrative of Fanny Kelly

      Spencer J. Quinn

      1

    • The Virgin Queen Chihuahua Has Spoken!

      Jim Goad

      37

    • Adult Cartoons Are a Disaster for Western Civilization, Part 1

      Travis LeBlanc

      36

    • Plastic Patriotism: Propaganda and the Establishment’s Crusade Against Germany and German-Americans During the First World War

      Alex Graham

      4

    • Race and IQ Differences: An Interview with Arthur Jensen, Part 2

      Arthur Jensen

      1

    • Donald Trump: The Jews’ Psycho Ex-Girlfriend

      Travis LeBlanc

      13

    • Bad to the Spone: Charles Krafft’s An Artist of the Right

      Gunnar Alfredsson

      1

    • Independence Day

      Mark Gullick

    • The Unnecessary War

      Morris van de Camp

      1

    • Bad Cop! No Baklava!

      Beau Albrecht

      7

    • Counter-Currents Radio Podcast No. 552 Millennial Woes on Corporations, the Left, & Other Matters

      Counter-Currents Radio

      6

    • Remembering Charles Krafft: September 19, 1947–June 12, 2020

      Greg Johnson

    • Marx vs. Rousseau

      Stephen Paul Foster

      4

    • The Worst Week Yet: September 10-16, 2023

      Jim Goad

      22

    • The Tinkling Cherub of Mississippi

      Beau Albrecht

      2

    • A Deep Ecological Perspective on the Vulnerability of Eurodescendants

      Francisco Albanese

      3

    • Remembering Francis Parker Yockey: September 18, 1917–June 16, 1960

      Greg Johnson

    • The Counter-Currents 2023 Fundraiser: Idealism Alone Can’t Last Forever

      Pox Populi

      3

    • Ask Me Anything with Millennial Woes

      Greg Johnson

    • Most White Republicans at Least Slightly Agree with the Great Replacement Theory

      David M. Zsutty

      13

    • Field of Dreams: A Right-Wing Film?

      Morris van de Camp

      2

    • Rich Snobs vs. Poor Slobs: The Schism Between “Racist” Whites

      Jim Goad

      97

    • Memories of Underdevelopment: Revolution & the Bourgeois Mentality

      Steven Clark

      2

    • Diversity: Our Greatest Strength?

      Greg Johnson

      2

    • Jon Stewart’s Irresistible: An Election in Flyover Country

      Beau Albrecht

      2

    • Apocalyptic Summertime Fun

      Gunnar Alfredsson

      1

    • Genius Loci: The Rise and Fall of the Great Comedian Peter Cook

      Mark Gullick

      12

    • Counter-Currents Radio Podcast No. 551: Ask Me Anything with Matt Parrott

      Counter-Currents Radio

      2

    • It’s Time to Wind Down the Empire of Nothing

      Morris van de Camp

      1

    • Should Whites Turn Their Backs on the US Military? A Response to Padraig Martin of Identity Dixie

      Spencer J. Quinn

      47

    • Counter-Currents Radio Podcast No. 550: Catching Up with Matt Parrott

      Counter-Currents Radio

      5

    • Race and IQ Differences: An Interview with Arthur Jensen, Part 1

      Arthur Jensen

    • Otázka ženského masochismu

      F. Roger Devlin

    • The Worst Week Yet: September 3-9, 2023

      Jim Goad

      33

    • Robert F. Kennedy, Jr.’s The Real Anthony Fauci, Part Two: The HIV Swindle

      Jef Costello

      33

    • Born Innocent

      Travis LeBlanc

      6

    • The Counter-Currents 9/11 Symposium

      Greg Johnson

    • Remembering D. H. Lawrence: September 11, 1885–March 2, 1930

      Greg Johnson

      4

    • Nothing KKKompares to the KKK

      Jim Goad

    • Catching Up with Matt Parrott

      Greg Johnson

    • Sexuální utopie v praxi, část 4

      F. Roger Devlin

    • Prepping for the Collapse

      Greg Johnson

      9

    • Robert F. Kennedy, Jr.’s The Real Anthony Fauci, Part One

      Jef Costello

      44

    • October ’44 — The Liberation of Nemmersdorf: A Graphic Novel

      Clarissa Schnabel

      9

    • Nothing KKKompares to the KKK

      Jim Goad

      17

    • They Burn Churches Too, You Know

      Spencer J. Quinn

      16

    • There Is a Political Solution: A Review of Guido Taietti’s Political Witchcraft

      Pox Populi

      2

  • Classics Corner

    • Leo Strauss, the Conservative Revolution, & National Socialism, Part 1

      Greg Johnson

      22

    • Leo Strauss, the Conservative Revolution, & National Socialism, Part 2

      Greg Johnson

      3

    • Leo Strauss, the Conservative Revolution, & National Socialism, Part 3

      Greg Johnson

      13

    • Remembering H. Keith Thompson
      September 17, 1922–March 3, 2002

      Kerry Bolton

      1

    • Be All You Can Be: On Joining the Military

      Ash Donaldson

      22

    • Transcript of FOX News’ Banned Report on Israel & 9/11

      Spencer J. Quinn

    • The Banned FOX News Report on Israel’s Role in 9/11

      Spencer J. Quinn

      12

    • The Psychology of Conversion

      Greg Johnson

      43

    • Animal Justice?

      Greg Johnson

      18

    • Uppity White Folks and How to Reach Them

      Greg Johnson

      6

    • Lord Kek Commands!
      A Look at the Origins of Meme Magic

      James J. O'Meara

      7

    • Major General J. F. C. Fuller
      (September 1, 1878–February 10, 1966)

      Anonymous

      5

    • Remembering Johann Gottfried von Herder
      (August 25, 1744–December 18, 1803)

      Martin Lichtmesz

      2

    • Moral Seriousness

      Greg Johnson

      13

    • Columbus Day Special
      The Autochthony Argument

      Greg Johnson

      8

    • Remembering Knut Hamsun
      (August 4, 1859–February 19, 1952)

      Greg Johnson

      8

    • Sir Reginald Goodall: An Appreciation

      Greg Johnson

      3

    • 7-11 Nationalism

      Richard Houck

      28

    • Philip K. Dick’s Do Androids Dream of Electric Sheep? as Anti-Semitic/Christian-Gnostic Allegory

      Greg Johnson

      7

    • Eraserhead:
      A Gnostic Anti-Sex Film

      Trevor Lynch

      17

    • Remembering Revilo Oliver
      (July 7, 1908–August 20, 1994)

      Greg Johnson

      17

    • Lars von Trier & the Men Among the Ruins

      John Morgan

      16

    • Heidegger without Being

      Greg Johnson

      17

    • Junetarded Nation

      Jim Goad

      8

    • Counter-Currents Radio Podcast No. 338
      Ted Talk

      Counter-Currents Radio

      3

    • Hegemony

      Greg Johnson

      11

    • Cù Chulainn in the GPO:
      The Mythic Imagination of Patrick Pearse

      Michael O'Meara

      5

    • Remembering Dominique Venner
      (April 16, 1935 – May 21, 2013)

      Greg Johnson

      11

    • A Robertson Roundup: 
      Remembering Wilmot Robertson
      (April 16, 1915 – July 8, 2005)

      Margot Metroland

      13

    • Metapolitics and Occult Warfare

      Greg Johnson

      2

  • Paroled from the Paywall

    • Death by Hunger: Two Books About the Holodomor

      Morris van de Camp

      4

    • A Child as White as Snow

      Mark Gullick

      6

    • Jonathan Bowden’s Final Lecture on Video: Charles Maurras, Action Française, and the Cagoule

      Jonathan Bowden

      1

    • Who Was Lawrence R. Brown? Biographical Notes on the Author of The Might of the West

      Margot Metroland

      16

    • California Discontent, Part 2: Frank Norris’ The Octopus

      Steven Clark

      1

    • California Discontent, Part 1: John Steinbeck’s East of Eden

      Steven Clark

    • 12 More Sex Differences Due to Nature

      Richard Knight

      3

    • Counter-Currents Radio Podcast No. 545 Pox Populi and Morgoth on the Age of Immigration and More 

      Counter-Currents Radio

    • When White Idealism Goes Too Far: Saints of the American Wilderness

      Spencer J. Quinn

      10

    • A Compassionate Spy?

      Beau Albrecht

      11

    • Counter-Currents Radio Podcast No. 544 Pox Populi, American Krogan, & Endeavour on the Metaverse

      Counter-Currents Radio

    • Nietzsche and the Psychology of the Left, Part Two

      Collin Cleary

      2

    • Thoughts on an Unfortunate Convergence: Doctors, Lawyers, and Angry Women

      Stephen Paul Foster

      5

    • Against Liberalism: Society Is Not a Market, Chapter I, Part 3: What Is Liberalism?

      Alain de Benoist

    • Against Liberalism: Society Is Not a Market, Chapter I, Part 2: What Is Liberalism?

      Alain de Benoist

      1

    • Against Liberalism: Society Is Not a Market, Chapter I, Part 1: What Is Liberalism?

      Alain de Benoist

      1

    • Misrepresentative Government: Why Democracy Doesn’t Work, Part IV

      Kenneth Vinther

      2

    • Misrepresentative Government: Why Democracy Doesn’t Work, Part III

      Kenneth Vinther

      1

    • Counter-Currents Radio Podcast No. 543 Greg Johnson on Plato’s Gorgias, Lecture 4

      Counter-Currents Radio

    • Misrepresentative Government: Why Democracy Doesn’t Work, Part I

      Kenneth Vinther

      1

    • Jack London’s The Iron Heel as Prophecy, Part 2

      Beau Albrecht

    • The Scottish Mr. Bond? An Interview with Mystic

      Travis LeBlanc

      2

    • Counter-Currents Radio Podcast No. 542 Greg Johnson on Plato’s Gorgias, Lecture 3

      Counter-Currents Radio

    • The Bard Across Three Reichs: Germany, Shakespeare, and Andreas Höfele’s No Hamlets, Part II

      Kathryn S.

      4

    • The Bard Across Three Reichs: Germany, Shakespeare, and Andreas Höfele’s No Hamlets, Part I

      Kathryn S.

      3

    • Against Liberalism: Society Is Not a Market, Introduction, Part III

      Alain de Benoist

    • Against Liberalism: Society Is Not a Market, Introduction, Part II

      Alain de Benoist

    • Against Liberalism: Society Is Not a Market, Introduction, Part I

      Alain de Benoist

      1

    • Süssical: Jud Süß, Part 2

      Steven Clark

      3

    • Michigan’s Yankees

      Morris van de Camp

      1

  • Recent comments

    • AAAA

      Crowdsourcing Contest! Our Banner

      I found it a bit strange that a cross wasn't mentioned.. Especially considering how many European...

    • Morris van de Camp

      Crowdsourcing Contest! Our Banner

      Some basics for flag designs: https://nava.org/good-flag-bad-flag

    • Janey

      Crowdsourcing Contest! Our Banner

      Background could also be a mountain range/landscape of some sort versus an example of architecture.

    • Janey

      Crowdsourcing Contest! Our Banner

      Maybe someone can take this and expand on it or just be inspired: a flag with a royal blue...

    • Fred C. Dobbs

      Having It All: America Reaps the Benefits of Feminism

      Funny take! But I think the Star Wars franchise jumped the shark in 1982 right after The Empire...

    • Greg Johnson

      Crowdsourcing Contest! Our Banner

      Yes and yes

    • Beau Albrecht

      Crowdsourcing Contest! Our Banner

      Should we send them in as graphics then?  Multiple entries OK?

    • Vauquelin

      Adult Cartoons Are a Disaster for Western Civilization, Part 2

      Say what you want about South Park, but it had one of their main characters be a raving anti-semitic...

    • Martin Lichmez

      The Virgin Queen Chihuahua Has Spoken!

      This annoying little shit clearly picked the wrong guy for a fight.

    • Beastie Goy

      Adult Cartoons Are a Disaster for Western Civilization, Part 2

      You may be the best writer CC (Don’t tell Jim Goad!). Impressive vocabulary, research depth and...

    • 90s kid

      Adult Cartoons Are a Disaster for Western Civilization, Part 1

      I watched SpongeBob until I was in 7th grade. I remember being in woodworking class 20 years ago and...

    • 90s kid

      Adult Cartoons Are a Disaster for Western Civilization, Part 1

      I understand the theme of this article, but it’s rather limited. I have not sworn in nearly 2 years...

    • David Cavall

      Adult Cartoons Are a Disaster for Western Civilization, Part 1

      Our culture and society has been debased. Crudity, moronic humor and crassness are the norm in...

    • Emmett White

      Having It All: America Reaps the Benefits of Feminism

      We have been humoring you ladies, with your daft euphemisms for infanticide like 'reproductive...

    • Liam Kernaghan

      The Virgin Queen Chihuahua Has Spoken!

      "If one goes out of their way to alienate the white working class, you’ve lost the largest potential...

    • DarkPlato

      The Captivity Narrative of Fanny Kelly

      Good review.  Yeah, yeah, I was having the same thoughts too!  The writing seems professional...

    • Jim Goad

      The Virgin Queen Chihuahua Has Spoken!

      Here's the video version of this article. It'll be posted separately here on Sunday, but it'd be...

    • Don

      Adult Cartoons Are a Disaster for Western Civilization, Part 2

      Cartoons a threat to Western Civilization? Hmmm...I kind of bristled at first blush but reading...

    • MBlanc46

      Adult Cartoons Are a Disaster for Western Civilization, Part 2

      Absolutely. A lot of the cartoons were definitely aimed at an adult audience, although there was...

    • Al Dante

      Adult Cartoons Are a Disaster for Western Civilization, Part 2

      Cartoons once had their place for adults in movie theatres as shorts before the main feature, which...

  • Book Authors

    • Beau Albrecht
    • Alain de Benoist
    • Kerry Bolton
    • Jonathan Bowden
    • Collin Cleary
    • Jef Costello
    • Savitri Devi
    • F. Roger Devlin
    • Buttercup Dew
    • Julius Evola
    • Jim Goad
    • Gregory Hood
    • Juleigh Howard-Hobson
    • Greg Johnson
    • Charles Krafft
    • Anthony M. Ludovici
    • Trevor Lynch
    • H. L. Mencken
    • J. A. Nicholl
    • James J. O’Meara
    • Christopher Pankhurst
    • Tito Perdue
    • Michael Polignano
    • Spencer J. Quinn
    • Fenek Solère
    • Irmin Vinson
    • Leo Yankevich
    • Francis Parker Yockey
    • Multiple authors
  • Webzine Authors

    Editor-in-Chief

    • Greg Johnson, Ph.D.

    Featured Writers

    • Beau Albrecht
    • Morris V. de Camp
    • Stephen Paul Foster, Ph.D.
    • Jim Goad
    • Alex Graham
    • Mark Gullick, Ph.D.
    • Greg Johnson, Ph.D.
    • Spencer J. Quinn

    Frequent Writers

    • Aquilonius
    • Anthony Bavaria
    • Alain de Benoist
    • Kerry Bolton, Ph.D.
    • Collin Cleary, Ph.D.
    • Jef Costello
    • F. Roger Devlin, Ph.D.
    • Richard Houck
    • Ondrej Mann
    • Margot Metroland
    • John Morgan
    • Trevor Lynch
    • James J. O’Meara
    • Kathryn S.
    • Thomas Steuben
    • Michael Walker

    Classic Authors

    • Maurice Bardèche
    • Jonathan Bowden
    • Julius Evola
    • Guillaume Faye
    • Ernst Jünger
    • Kevin MacDonald, Ph.D.
    • D. H. Lawrence
    • Charles Lindbergh
    • Jack London
    • H. P. Lovecraft
    • Anthony M. Ludovici
    • Sir Oswald Mosley
    • National Vanguard
    • Friedrich Nietzsche
    • Revilo Oliver
    • William Pierce
    • Ezra Pound
    • Saint-Loup
    • Savitri Devi
    • Carl Schmitt
    • Miguel Serrano
    • Oswald Spengler
    • P. R. Stephensen
    • Jean Thiriart
    • John Tyndall
    • Dominique Venner
    • Leo Yankevich
    • Francis Parker Yockey

    Other Authors

    • Howe Abbott-Hiss
    • Michael Bell
    • Buttercup Dew
    • Giles Corey
    • Bain Dewitt
    • Jack Donovan
    • Richardo Duchesne, Ph.D.
    • Emile Durand
    • Guillaume Durocher
    • Mark Dyal
    • Fullmoon Ancestry
    • Tom Goodroch
    • Andrew Hamilton
    • Robert Hampton
    • Huntley Haverstock
    • Derek Hawthorne
    • Gregory Hood
    • Juleigh Howard-Hobson
    • Alexander Jacob
    • Nicholas Jeelvy
    • Ruuben Kaalep
    • Tobias Langdon
    • Julian Langness
    • Travis LeBlanc
    • Patrick Le Brun
    • G A Malvicini
    • John Michael McCloughlin
    • Millennial Woes
    • Michael O’Meara
    • Christopher Pankhurst
    • Michael Polignano
    • J. J. Przybylski
    • Quintilian
    • Edouard Rix
    • C. B. Robertson
    • C. F. Robinson
    • Herve Ryssen
    • Alan Smithee
    • Fenek Solere
    • Ann Sterzinger
    • Robert Steuckers
    • Tomislav Sunic
    • Donald Thoresen
    • Marian Van Court
    • Irmin Vinson
    • Aylmer Wedgwood
    • Scott Weisswald
  • Departments

    • Book Reviews
    • Movie Reviews
    • TV Reviews
    • Music Reviews
    • Art Criticism
    • Graphic Novels & Comics
    • Video Game Reviews
    • Fiction
    • Poems
    • Interviews
    • Videos
    • English Translations
    • Other Languages
      • Arabic
      • Bulgarian
      • Croatian
      • Czech
      • Danish
      • Dutch
      • Estonian
      • Finnish
      • French
      • German
      • Greek
      • Hungarian
      • Italian
      • Lithuanian
      • Norwegian
      • Polish
      • Portuguese
      • Romanian
      • Russian
      • Slovak
      • Spanish
      • Swedish
      • Ukrainian
    • Commemorations
    • Why We Write
  • Archives
  • Top 100 Commenters
Sponsored Links
Spencer J. Quinn Above Time Coffee Antelope Hill Publishing Identaria Paul Waggener IHR-Store Asatru Folk Assembly No College Club American Renaissance The Patrick Ryan Show Jim Goad The Occidental Observer
Donate Now Mailing list
Books for sale
  • The Trial of Socrates
  • Fields of Asphodel
  • El Manifiesto Nacionalista Blanco
  • An Artist of the Right
  • Ernst Jünger
  • Reuben
  • The Partisan
  • Trevor Lynch’s Classics of Right-Wing Cinema
  • The Enemy of Europe
  • Imperium
  • Reactionary Modernism
  • Manifesto del Nazionalismo Bianco
  • O Manifesto Nacionalista Branco
  • Vade Mecum
  • Whiteness: The Original Sin
  • Space Vixen Trek Episode 17: Tomorrow the Stars
  • The Year America Died
  • Passing the Buck
  • Mysticism After Modernism
  • Gold in the Furnace
  • Defiance
  • Forever & Ever
  • Wagner’s Ring & the Germanic Tradition
  • Resistance
  • Materials for All Future Historians
  • Love Song of the Australopiths
  • White Identity Politics
  • Here’s the Thing
  • Trevor Lynch: Part Four of the Trilogy
  • Graduate School with Heidegger
  • It’s Okay to Be White
  • The World in Flames
  • The White Nationalist Manifesto
  • From Plato to Postmodernism
  • The Gizmo
  • Return of the Son of Trevor Lynch’s CENSORED Guide to the Movies
  • Toward a New Nationalism
  • The Smut Book
  • The Alternative Right
  • My Nationalist Pony
  • Dark Right: Batman Viewed From the Right
  • The Philatelist
  • Confessions of an Anti-Feminist
  • East and West
  • Though We Be Dead, Yet Our Day Will Come
  • White Like You
  • Numinous Machines
  • Venus and Her Thugs
  • Cynosura
  • North American New Right, vol. 2
  • You Asked For It
  • More Artists of the Right
  • Extremists: Studies in Metapolitics
  • The Homo & the Negro
  • Rising
  • The Importance of James Bond
  • In Defense of Prejudice
  • Confessions of a Reluctant Hater (2nd ed.)
  • The Hypocrisies of Heaven
  • Waking Up from the American Dream
  • Green Nazis in Space!
  • Truth, Justice, and a Nice White Country
  • Heidegger in Chicago
  • End of an Era: Mad Men & the Ordeal of Civility
  • Sexual Utopia in Power
  • What is a Rune? & Other Essays
  • Son of Trevor Lynch’s White Nationalist Guide to the Movies
  • The Lightning & the Sun
  • The Eldritch Evola
  • Western Civilization Bites Back
  • New Right vs. Old Right
  • Journey Late at Night: Poems and Translations
  • The Non-Hindu Indians & Indian Unity
  • I do not belong to the Baader-Meinhof Group
  • Pulp Fascism
  • The Lost Philosopher
  • Trevor Lynch’s A White Nationalist Guide to the Movies
  • And Time Rolls On
  • Artists of the Right: Resisting Decadence
  • North American New Right, Vol. 1
  • Some Thoughts on Hitler
  • Tikkun Olam and Other Poems
  • Summoning the Gods
  • Taking Our Own Side
  • Reuben
  • The Node
  • The New Austerities
  • Morning Crafts
  • The Passing of a Profit & Other Forgotten Stories
Copyright © 2023 Counter-Currents Publishing, Ltd.

Paywall Access





Please enter your email address. You will receive mail with link to set new password.

Edit your comment