I remember when Reagan started the discussion and it was quite obviously about giving corporations free rein. Unfortunately it obscures much deeper processes and relationships.

As the executive and regulatory function, government amounts to the central nervous system of society.

While money and banking amount to blood and the circulation system.

There was a time when government was effectively private. It was called monarchy. Banking remains private, even if we have pictures of presidents on the bills.

Unfortunately in this tension and balance between desires and judgements, democracy shackles government, as politicians can only plan around election cycles, while big money can buy any politician it needs.

Eventually we will have to understand the medium that enables markets also needs to be a form of public utility. The functionality of money is its fungibility. We own it like we own the section of road we are using, or the air and water flowing through our bodies.

It is a social contract, enabling markets, not a commodity to mine from them.

Econ 101 says money is both medium of exchange and store of value, yet one is dynamic, while the other is static. Blood is a medium, fat is a store. Roads are a medium, parking lots are a store.

In order to store the asset, there has to be some equivalent debt to back it, so we are in a delusional state, where we think we have enormous wealth, all backed by increasingly ephemeral debt.

The capital markets could not function, without the government borrowing up trillions in surplus investment money(banks owning the politicians), yet much of it gets spent in ways with no return on investment. How much did we make on blowing up Iraq and Afghanistan? What will be the returns on flooding Ukraine with weapons, other than decades of civil wars across Europe?

Zip. It's a ponzi scheme. The military industrial complex amounts to the trophy wife of the banks. She gets all the toys she wants and no one can tell her she doesn't know squat about strategy.

If our military was actually about national defense, the levels of ineptitude would have had a fair number of those responsible taken out and shot, not given jobs by the arms manufacturers and gigs on the television.