(14) No autonomy of domestic market in any good or service, strategic use of any natural resources or necessity, protected public utility or social sector, produce-safety, quality or licensing standard, local procurement practice or grant is consistent with the defined principles of this transnational market regime. All have been and continuously are, therefore, slated for challenge and irreversible elimination by trade prescription or scheduled regulatory assimilation. This is a pattern everywhere documentable, but concealed by corporately financed politicians, the corporate media, and former corporate employees who negotiate the agreements. What remains constant through the cumulative momentum and volume of trade and investment decrees is that every article of tens of thousands is constructed to guarantee that dominantly transnational corporations can exploit and increasingly control domestic economies and public sectors across the world with no curtailing limit permissible in law.

(15) Local, national and global management of the money-demand drive wheels of this system is over 95% controlled for by -profit corporate financial and banking institutions which have covertly appropriated control over all government bond issues and investor and consumer lines of credit from government currency creations, national bank loans and state statutory reserves. With no gold or other non-paper standard remaining to control it, corporate bank and financial leveraging have become effectively limitless, with central bank interest-rate raises in the new regime applied only to decrease workers' rising wages and social-sector spending. This is the always hidden underside of the system's propelling domestic and transnational force, why covert financial deregulation of money-demand supply is the secret to its every advance, and why no deep limit can be drawn against world occupation by corporate financial chicanery until the creation of money demand is constitutionally re-appropriated by public authority as its essential basis of sovereignty and investment in the common interest.

Together these underlying principles of the global market system constitute its fixed and largely unseen meta-structure of perception, understanding and judgment in accordance with which all its policy formation and enforced regulation of societies and economics across the world proceed. There is no principle of "the free market", "investment", "competition", "comparative advantage", "efficiency", "fiscal responsibility", "labor flexibility", "inflation control", "growth", "sustainability", "social welfare", "national prosperity", "justice", "civil society participation", "poverty reduction", or other old or new slogan promulgated by global market institutions and advocates that does not conform to all of (1) through (15) in doctrine and effect. Whenever it is claimed otherwise, ask for the evidence from any "free trade agreement" on the planet. The response will always be silence, diversion to another topic, and if the question is pursued publicly, surveillance by the police.

However well-placed its hireling, this mind-locked creed is corporately self-driven and self-referential, and threatens to usurp every level of social and ecological life condition still existing. Given its invasionary past and history, we should not be surprised. Like every Pharaoh of the past, it will topple - the more totalitarian, the more complete the collapse. But remember who advocates for this regime now, for they are agents of the corporate occupation of all of the world's societies and ecosystems by decreed financial and market mechanisms never electorally agreed to by any people on earth.

John McMurtry, Ph.D. is a Professor of Philosophy at the University of Guelph, and the author of Unequal Freedoms: The Global Market as an Ethical System (Toronto and Westport CT: Garamond and Kumarian Press). 1998 and The Cancer Stage of Capitalism (London and Tokyo: Pluto and Springer Verlag, 1999 and 2001). He is completing his forthcoming book, Value Wars, which will be published by Pluto Press in 2001.

He was recently elected a fellow of the Royal Society of Canada in recognition of his pioneering work in the field of social philosophy. The Society said his research has improved both academic and public understanding into unexamined areas that oppress human and environmental life.

� from Monetary Reform Issue Number 11 www.monetary-reform.on.ca