HOUSE_OVERSIGHT_029045.jpg
2.09 MB
Extraction Summary
4
People
5
Organizations
7
Locations
0
Events
2
Relationships
3
Quotes
Document Information
Type:
Transcript / government record (house oversight)
File Size:
2.09 MB
Summary
A transcript page, likely from a House Oversight Committee production, featuring a speaker (rhetorically similar to Steve Bannon) discussing the dangers of 'state-sponsored capitalism' (China/Russia) and 'Objectivist' libertarian capitalism (Ayn Rand). The speaker contrasts these with 'enlightened capitalism' of the Judeo-Christian West and warns that younger generations are being drawn to libertarianism as a form of personal freedom. A pull quote highlights the speaker's observation that ISIS has successfully utilized capitalist tools like Twitter and Facebook.
People (4)
| Name | Role | Context |
|---|---|---|
| Speaker | Unknown (implied) |
The person delivering the speech/interview regarding capitalism and global politics (Rhetoric aligns with Steve Banno...
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| Pope Francis (Holy Father) | Religious Leader |
Cited regarding his experience with crony capitalism in Argentina.
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| Ayn Rand | Author/Philosopher |
Referenced as the figurehead of the 'Objectivist School' of libertarian capitalism.
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| Karl Marx | Philosopher |
Referenced in comparison to how libertarian capitalism commodifies people.
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Organizations (5)
| Name | Type | Context |
|---|---|---|
| UKIP |
United Kingdom Independence Party, mentioned as part of the conservative movement.
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| ISIS |
Terrorist organization mentioned in the pull quote regarding their use of capitalist tools.
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Social media platform mentioned as a tool used by ISIS.
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Social media platform mentioned as a tool used by ISIS.
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| House Oversight Committee |
Implied by the footer 'HOUSE_OVERSIGHT'.
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Locations (7)
| Location | Context |
|---|---|
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Cited as an example of state-sponsored capitalism.
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Cited as an example of state-sponsored capitalism.
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Cited as a place where Pope Francis witnessed crony capitalism.
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Mentioned in relation to the UKIP movement.
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Mentioned in relation to the populist movement.
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Mentioned in relation to the populist movement.
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Referenced as the source of 'enlightened capitalism'.
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Key Quotes (3)
"But there’s a strand of capitalism today — two strands of it, that are very disturbing. One is state-sponsored capitalism."Source
HOUSE_OVERSIGHT_029045.jpg
Quote #1
"The second form of capitalism that I feel is almost as disturbing, is what I call the Ayn Rand or the Objectivist School of libertarian capitalism."Source
HOUSE_OVERSIGHT_029045.jpg
Quote #2
"Look at what’s happening in ISIS ... look at the sophistication of which they’ve taken the tools of capitalism ... at what they’ve done with Twitter and Facebook."Source
HOUSE_OVERSIGHT_029045.jpg
Quote #3
Full Extracted Text
Complete text extracted from the document (2,032 characters)
environment. And you’ve had a fairly good track record. So I don’t want this to kinda sound namby-pamby, “Let’s all hold hands and sing ‘Kumbaya’ around capitalism.” But there’s a strand of capitalism today — two strands of it, that are very disturbing. One is state-sponsored capitalism. And that’s the capitalism you see in China and Russia. I believe it’s what Holy Father [Pope Francis] has seen for most of his life in places like Argentina, where you have this kind of crony capitalism of people that are involved with these military powers-that-be in the government, and it forms a brutal form of capitalism that is really about creating wealth and creating value for a very small subset of people. And it doesn’t spread the tremendous value creation throughout broader distribution patterns that were seen really in the 20th century.
The second form of capitalism that I feel is almost as disturbing, is what I call the Ayn Rand or the Objectivist School of libertarian capitalism. And, look, I’m a big believer in a lot of libertarianism. I have many many friends that’s a very big part of the conservative movement — whether it’s the UKIP movement in England, it’s many of the underpinnings of the populist movement in Europe, and particularly in the United States.
However, that form of capitalism is quite different when you really look at it to what I call the “enlightened capitalism” of the Judeo-Christian West. It is a capitalism that really looks to make people commodities, and to objectify people, and to use them almost — as many of the precepts of Marx — and that is a form of capitalism, particularly to a younger generation [that] they’re really finding quite attractive. And if they don’t see another alternative, it’s going to be an alternative that they gravitate to under this kind of rubric of “personal freedom.”
The second form of capitalism that I feel is almost as disturbing, is what I call the Ayn Rand or the Objectivist School of libertarian capitalism. And, look, I’m a big believer in a lot of libertarianism. I have many many friends that’s a very big part of the conservative movement — whether it’s the UKIP movement in England, it’s many of the underpinnings of the populist movement in Europe, and particularly in the United States.
However, that form of capitalism is quite different when you really look at it to what I call the “enlightened capitalism” of the Judeo-Christian West. It is a capitalism that really looks to make people commodities, and to objectify people, and to use them almost — as many of the precepts of Marx — and that is a form of capitalism, particularly to a younger generation [that] they’re really finding quite attractive. And if they don’t see another alternative, it’s going to be an alternative that they gravitate to under this kind of rubric of “personal freedom.”
“Look at what’s happening in ISIS ... look at the sophistication of which they’ve taken the tools of capitalism ... at what they’ve done with Twitter and Facebook.”
HOUSE_OVERSIGHT_029045
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