Finalist-PhilBlogAwards 2010

Finalist-PhilBlogAwards 2010
Finalist for society, politics, history blogs



Saturday, June 07, 2008


Erle Frayne Argonza

Among the very revealing facets of the latest Indiana Jones film is its effective deconstruction of ‘free enterprise’ capitalism and the force behind it, the British financier oligarchy. Capitalism and British are actually one and the same, Britain being the ideological heart of capitalist doctrines and action.

Dr. Jones had his ‘junior partner’, the MI6 agent, throughout his adventures. But the shocking revelation to Dr. Jones was that his partner would later betray him for one expected reason: money (or its metallic signifier, Gold).

Capitalism is a system founded on pure greed, and every kind of doctrine—particularly those based on physiocratic economics—was built in so sophisticated a manner to justify it. It is based on the money economy, and thrives only in conditions of imperialist strategies.

There is no way that capitalism or laissez faire can progress without markets overseas to sustain it. And such markets cannot be sustained without economic-political imperialism. That was the purpose of the British Empire territories: as sure-ball markets for British articles of trade and finance capital.

The economic British Empire is very much alive, the financial empire ruled by the British-Dutch financiers is around. But the Empire is now crumbling, and crashing fast, as the financial bubble that it created globally had imploded. The erosion is very rapid, the outcome unpredictable.

The Indiana Jones film showed this collapse and eventual eradication of capitalism well. Mr. MI6, upon seeing the colossal gold in the sanctuary of the dormant alien species (Zeta Reticuli or ‘grey’), hoarded as much as he ca, unmindful of the fast eroding ground that he stood upon, ground that was degenerating due to the force field built by the alien’s preparation to move out of the area.

Maddened by his unfathomable greed, Mr. MI6 could no longer effectively see his very own immediate surround. No calamity, catastrophe, devastation could ever change the focus of this mad man, only gold (money and capitalism) mattered. That’s what the British financiers are doing now: loot and loot more amid destruction.

The spaceship-alien complex, which signifies actually the rapidly emerging post-industrial or information society and its ‘space age’ construct, simply blasted down the mad gold hunter that signifies the old world of ‘money economy’ and its last adaptive system of laissez faire capitalism.
Greed cannot be sustained, systems founded to advance greed can never be sustained, and money-based systems are no match to knowledge-based systems in long run. The former will crumble beyond disrepair as the latter ascends to prominence and dominate all areas of life, including the space terrain.

Joseph Schumpeter, Daniel Bell and Alvin Toffler all forewarned the world about the eventual collapse of capitalism. As soon as the information society moves up, it will crash those institutions founded on hoarding, on money and greed. And that crashing time is now happening.

It is surely an exciting thing to await the next Indiana Jones series. Better watch it please, as the new Indiana Jones Jr. belongs to a new breed of humans, the knowledge-savvy types. Let us see more scenes of capitalism being slam banged, defanged and destroyed in the next episodes coming.

[Writ 30 May 2008, Quezon City, MetroManila]

1 comment:

Glenda Frauberg said...

From film to analysis, really wonderful work Prof Erle.