Rahul Mehta Gandhinagar LsCandidate
The real strength to MNC-owners aka Global-eleitemen aka American-eleitemen come from weapon making abilities, NOT from their banking monopoly . Their banking monopoly does fetch them huge profits, but the monopoly is maintained via weapons, and so at core it is weapon making abilities, not banking monopoly.
(Some use the word Global-elitemen I use the word MNC-owners)
A story is making rounds of internet (see link in first comment) that Global elitemen are ruling India and while world via their banking monopoly. The story is prima-facie true, but wrongly projects banking monopoly as "root cause". The deeper cause is weapon making ability i.e. The MNC-owners are able to rule NOT via banking network, but because of weapons. How?
The banking network would have collapsed long back without weapons. eg Saddam Hussein was planning to start a new currency called as petro-dinar backed by crude oil, and that would have reduce the strength of dollar and MNC-owners drastically. But using weapons, MNC-owners murdered Saddam. Later, Gaddafi was planning to start same petro-dinar, and it would have worked too. But using weapons, MNC_owners murdered Gaddafi as well.
So at core is weapons, NOT banking mafia. The baking mafia aka MNC-owners do operate, but what give monopoly to banking mafia is weapons they have. Using weapons, the MNC-owners kill emerging competition and thus they preval.
Why MNC-owners can make better weapons while we in India cant? Thats because they have better engineering and tech. But then, why do they have better engineering? Because disputes that engineers face with labor, govt employees etc get resolved in few days in USA instead of months/years in India, and unfairness is less. And so engineers in USA are far far more productive than engineers in India even though basic mental ability of Indian engineers is not less.
I have explained all this in chap-20 of my book at rahulmehta . com/301.htm