The Billionaire World: How Marxism serves the Elite

By Hanne Nabintu Herland

Read Hanne’s The Herland Report.

In the West, the ultra-rich own almost everything. Private investment corporations such as Blackrock, Vanguard, Capital World, Berkshire Hathaway and State Street represent capital owners who dominate media companies, Big Tech, Big Pharma, the military complex, real estate and the food industry. Whichever industry you take a look at, you easily find the same top shareholders and decision makers among the leading institutional investors.

They also fund politicians and exert strong influence over government institutions. These mastodonte companies completely dominate our way of life.

In my newly released book, “The Billionaire World. How Marxism serves the Elite,” I examine how these investment firms have become so powerful that they control most of the world capital.

With government support from the political elites, the new billionaire class freely engages in the transferring of wealth from the lower classes unto themselves. Democratic presidential candidate Robert F. Kennedy Jr. recently pointed out that: “The working class is now systematically being stripped of their wealth by the corporate elite. Congress functions as indentured servants to the big corporations. The culture war is an orchestrated dispute that keeps blacks and whites fighting each other. It is a distraction from the real culprits of this, which is the Big Three: BlackRock, Vanguard and State Street, these huge corporations that now own 88% of the S&P 500 firms. They are now trying to buy every single family home in America. If we stay on the current trajectory, they will own 60% of the single family homes by 2030.”

The classical Western ideal of freedom of the press and critical thinking that seeks to uncover the abuse of power is no longer much on the agenda. It remains active only as a political slogan in public speeches, emptied of real meaning. Since as early as 2012, only six corporations controlled more than 90% of the U.S. media, after consolidating from 50 companies back in 1983. The stiffening political censorship of past years has revealed how easy it is to direct newspaper and social media content to manufacture the desired consent. Ironically, the journalist’s role is to become the mouthpiece of the new billionaire class, regardless of whether he professes to be so-called left-wing. As the newspaper is dependent on revenues from advertisements, few reflect on the fact that the monopolistic owners of the media also own most of the big corporation products that the paper advertises for.

The media’s role is now mainly to be the mouthpiece of state propaganda. To an employee, this economic entanglement has vast implications. In order to be able to put food on the table, journalists and editors alike are dependent upon the willingness to agree with the narrative being pushed. If they object to the politically correct groupthink, they’re out. The desired narrative is structured to produce the highest possible capital gain for the news business’ super-rich owners, with the blessing of media leaders, government officials, leading politicians and the academic elite.

This is a point my new book, “The Billionaire World. How Marxism serves the Elite,” ponders over: It would be close to impossible for the billionaire class to succeed without the Marxist weakening of the Western social culture. The remarkably angry socialist revolt against classical, Western values has caused social instability, confused, divided and silenced the people, weakened the nation state and thereby removed the obstacles for the billionaire class to gain near total control.

Traditional values such as the demand for individual accountability, the American dream’s focus on the right to ownership of one’s labor, the establishment of a decentralized government and independent institutions not susceptible to corruption, private property rights and equality regardless of race, class, or gender – all these building blocks for national stability have been greatly weakened. In accordance with the Marxist and socialist aim of total destruction of modern society, a centralized, atheist, autocratic government is now being imposed, destroying freedom, the family and democracy itself.

The irony is that the founding fathers of the socialist movement, such as Karl Marx and Vladimir Lenin, were extremely clear on their intent to crush the historic West through revolutions that produced the abolition of all religion and all morality, even calling their own followers who would help them accomplish the goal “useful idiots.” The socialist tool to achieve the demolition of civil society has always been the repression of free speech for those who disagree with them. Fear was key to create an obedient population under communist Josef Stalin, and fear is the key word today.

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Hanne Nabintu Herland

Hanne Nabintu Herland is a historian of comparative religions, bestselling author and founder of The Herland Report. Providing independent analysis on current events, philosophy and religion, the Herland Report also features a YouTube channel with interviews with leading intellectuals from across the political spectrum. Her books include "The Culture War. How the West Lost its Greatness" (2017), "New Left Tyranny. The Authoritarian Destruction of Our Way of Life" (2020), "Trump. The Battle for America" (2020) and her latest, "The Billionaire World. How Marxism serves the Elite" (2023), an analysis of how the elites use Marxist repression to achieve their goals. To learn more about her, visit www.theherlandreport.com and follow her on social media: YouTube, Facebook. Read more of Hanne Nabintu Herland's articles here.


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