Wallstreet and the Bolshevik Revolution | INFJ Forum

Wallstreet and the Bolshevik Revolution

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kinglear

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I'm going to read the work of the academic Prof Anthony Sutton and share some of his insights and factual information in this thread

In the 1970's he wrote a trilogy of books that looked at the role that the american financial elite played in funding various events in history

First of all they funded the 1917 bolshevik revolution which saw 1.7 million political opponents of the bolsheviks murdered and many tens of millions of others indirectly killed through collectivisation of farming and the gulag prison system

Soon after this the nazi party came into being (which was also funded by the financial elites) in the early 1920's some might say as a reaction to the events in russia but also to the communist uprisings within germany itself such as in hamburg where once again violence was deployed by the left

His work seems very poignant today as we see an aggressive strain of the left assert itself that pushes all of the planks of the financial elites agenda while simultaneously we are seeing the rise of new technologies that threaten to turn our entire societies into a giant technocratic gulag system
 
Wall street...

Left...

4KBl.gif
 
Credentials of the author:

Anthony C Sutton, born in london in 1925, was educated at the universities of london, gottingen and california. He was a research fellow at the hoover institution for war, revolution and peace at Stanford, california, from 1968 to 1973 and later an econimics professor at california state university, los angeles. he is the author of 25 books including the major three volume study 'Western Technology and Soviet Economic Development'. he died in 2002
 
88chaz88 said:
Wall street...

Left...
Click to expand...

please refer to marx's 10 planks of the communist manifesto to see that the creation of a central bank is one of the 10 planks

the financial elite created their central bank in the US in 1913 and in the same year created the IRS so that they could tax people on their income which is against the constitution
 
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cartoon by Robert Minor in st louis dispatch (1911)

Karl marx surrounded by an appreciative audience of wall street financiers: John D Rockefeller, J.P.Morgan, John D Ryan of national city bank and morgan partner george w perkins. Immediately behind karl marx is teddy roosevelt, leader of the progressive party
 
The books dedication:

To

those unknown Russian libertarians, also known as Greens who in 1919 fought both the reds and the whites in their attempt to gain a free and voluntary russia
 
PREFACE

Since the early 1920s, numerous pamphlets and articles, even a few books, have sought to
forge a link between "international bankers" and "Bolshevik revolutionaries." Rarely have
these attempts been supported by hard evidence, and never have such attempts been argued
within the framework of a scientific methodology. Indeed, some of the "evidence" used in these
efforts has been fraudulent, some has been irrelevant, much cannot be checked. Examination of
the topic by academic writers has been studiously avoided; probably because the hypothesis
offends the neat dichotomy of capitalists versus Communists (and everyone knows, of course,
that these are bitter enemies). Moreover, because a great deal that has been written borders on
the absurd, a sound academic reputation could easily be wrecked on the shoals of ridicule.
Reason enough to avoid the topic.

Fortunately, the State Department Decimal File, particularly the 861.00 section, contains
extensive documentation on the hypothesized link. When the evidence in these official papers
is merged with nonofficial evidence from biographies, personal papers, and conventional
histories, a truly fascinating story emerges.

We find there was a link between some New York international bankers and
many revolutionaries, including Bolsheviks. These banking gentlemen — who are here identified —
had a financial stake in, and were rooting for, the success of the Bolshevik Revolution.
Who, why — and for how much — is the story in this book.

Antony C. Sutton
March 1974
 
''I am in sympathy with the Soviet form of government as that best suited
for the Russian people...''

Letter to President Woodrow Wilson (October 17, 1918) from William
Lawrence Saunders, chairman, Ingersoll-Rand Corp.; director, American
International Corp.; and deputy chairman, Federal Reserve Bank of New York
-Sutton p6
 
Sutton continues...

The contradictions suggested by Minor's cartoon have been brushed under the rug of history
because they do not fit the accepted conceptual spectrum of political left and political right.
Bolsheviks are at the left end of the political spectrum and Wall Street financiers are at the
right end; therefore, we implicitly reason, the two groups have nothing in common and any
alliance between the two is absurd. Factors contrary to this neat conceptual arrangement are
usually rejected as bizarre observations or unfortunate errors. Modern history possesses such a
built-in duality and certainly if too many uncomfortable facts have been rejected and brushed
under the rug, it is an inaccurate history.

On the other hand, it may be observed that both the extreme right and the extreme left of the
conventional political spectrum are absolutely collectivist. The national socialist (for example,
the fascist) and the international socialist (for example, the Communist) both recommend
totalitarian politico-economic systems based on naked, unfettered political power and
individual coercion. Both systems require monopoly control of society. While monopoly
control of industries was once the objective of J. P. Morgan and J. D. Rockefeller, by the late
nineteenth century the inner sanctums of Wall Street understood that the most efficient way to
gain an unchallenged monopoly was to "go political" and make society go to work for the
monopolists — under the name of the public good and the public interest. This strategy was
detailed in 1906 by Frederick C. Howe in his
Confessions of a Monopolist.
1
Howe, by the way, is also a figure in the story of the Bolshevik Revolution.
Therefore, an alternative conceptual packaging of political ideas and politico-economic
systems would be that of ranking the degree of individual freedom versus the degree of
centralized political control. Under such an ordering the corporate welfare state and socialism
are at the same end of the spectrum. Hence we see that attempts at monopoly control of society
can have different labels while owning common features.

Consequently, one barrier to mature understanding of recent history is the notion that all
capitalists are the bitter and unswerving enemies of all Marxists and socialists. This erroneous
idea originated with Karl Marx and was undoubtedly useful to his purposes. In fact, the idea is
nonsense. There has been a continuing, albeit concealed, alliance between international
political capitalists and international revolutionary socialists — to their mutual benefit. This
alliance has gone unobserved largely because historians — with a few notable exceptions — have
an unconscious Marxian bias and are thus locked into the impossibility of any such alliance
existing. The open-minded reader should bear two clues in mind: monopoly capitalists are the
bitter enemies of laissez-faire entrepreneurs; and, given the weaknesses of socialist central
planning, the totalitarian socialist state is a perfect captive market for monopoly capitalists, if
an alliance can be made with the socialist powerbrokers. Suppose — and it is only hypothesis at
this point — that American monopoly capitalists were able to reduce a planned socialist Russia
to the status of a captive technical colony? Would not this be the logical twentieth-century
internationalist extension of the Morgan railroad monopolies and the Rockefeller petroleum
trust of the late nineteenth century?

Apart from Gabriel Kolko, Murray Rothbard, and the revisionists, historians have not been
alert for such a combination of events. Historical reporting, with rare exceptions, has been
forced into a dichotomy of capitalists versus socialists
 
The Bolshevization of Wall Street was known among well informed circles as early as 1919.
The financial journalist Barron recorded a conversation with oil magnate E. H. Doheny in 1919
and specifically named three prominent financiers, William Boyce Thompson, Thomas Lamont
and Charles R. Crane:

Aboard S.S. Aquitania, Friday Evening, February 1, 1919.
Spent the evening with the Dohenys in their suite. Mr. Doheny said: If you
believe in democracy you cannot believe in Socialism. Socialism is the poison
that destroys democracy. Democracy means opportunity for all. Socialism
holds out the hope that a man can quit work and be better off. Bolshevism is
the true fruit of socialism and if you will read the interesting testimony before
the Senate Committee about the middle of January that showed up all these
pacifists and peace-makers as German sympathizers, Socialists, and
Bolsheviks, you will see that a majority of the college professors in the United
States are teaching socialism and Bolshevism and that fifty-two college
professors were on so-called peace committees in 1914. President Eliot of
Harvard is teaching Bolshevism. The worst Bolshevists in the United States
are not only college professors, of whom President Wilson is one, but
capitalists and the wives of capitalists and neither seem to know what they are
talking about. William Boyce Thompson is teaching Bolshevism and he may
yet convert Lamont of J.P. Morgan & Company. Vanderlip is a Bolshevist, so
is Charles R. Crane. Many women are joining the movement and neither they,
nor their husbands, know what it is, or what it leads to. Henry Ford is another
and so are most of those one hundred historians Wilson took abroad with him
in the foolish idea that history can teach youth proper demarcations of races,
peoples, and nations geographically.

3
In brief, this is a story of the Bolshevik Revolution and its aftermath, but a story that departs
from the usual conceptual straitjacket approach of capitalists versus Communists. Our story
postulates a partnership between international monopoly capitalism and international
revolutionary socialism for their mutual benefit. The final human cost of this alliance has fallen
upon the shoulders of the individual Russian and the individual American. Entrepreneurship
has been brought into disrepute and the world has been propelled toward inefficient socialist
planning as a result of these monopoly maneuverings in the world of politics and revolution.
 
So you’re just going to post the whole book up page by page?
Sweet.
 
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Skarekrow said:
So you’re just going to post the whole book up page by page?
Sweet.
Click to expand...

no i thought i'd post some highlights but you have to set the scene...

so you have accused me of having no evidence and i'm going to show you some evidence

it's going to be fun
 
kinglear said:
no i thought i'd post some highlights but you have to set the scene...

so you have accused me of having no evidence and i'm going to show you some evidence

it's going to be fun
Click to expand...

As evidenced by one author and his opinion (in what year what it...1974?).
BTW it’s Antony...not Anthony.
It’s going to be fun all by yourself.
Cya
 
Skarekrow said:
As evidenced by one author and his opinion (in what year what it...1974?).
BTW it’s Antony...not Anthony.
It’s going to be fun all by yourself.
Cya
Click to expand...

I'm glad you have taken the time to look up the authors name

that is a good start

and yes he was speaking about these people and their agenda way back in the early 70's

but no not evidenced by one author evidenced by the evidence
 
kinglear said:
please refer to marx's 10 planks of the communist manifesto to see that the creation of a central bank is one of the 10 planks

the financial elite created their central bank in the US in 1913 and in the same year created the IRS so that they could tax people on their income which is against the constitution
Click to expand...

Wall Street resembles Marx's idea of a National bank as much as you resemble Karl Marx.
 
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88chaz88 said:
Jeez, really changes my point so much, right?
Click to expand...

marxism has been funded at every stage by the same wallstreet financiers who created the federal reserve bank

did they use that fed to make the people of america more wealthy?

clearly not

people in general have become poorer while those marx loving oligarchs have grown richer. judge a tree by its fruit
 
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