7.2.2 Communism and State Capitalism.
During the last decades it seems like the communist doctrine of taking
control over manufacturing means like factories and equipment has moved
on to getting control over the monetary flow. State capitalism by heavy
taxation, public dues, ownership control, subsidizing, and control of purchasing.
By controlling the flow of money through state byraucracy and state controlled
entities power is secured. The strategies are the same, removal of private
incentives, infiltrate, "mismanage" and takeover. For instance
when Norway in the early 70's became an oil exporting country the Labour
Party created Statoil, international oil companies were "forced"
to include Statoil on upcomming licenses, Statoil was given control of
purchasing and contracting on all licenses, when oil prices rize they increased
taxation (petroleum revenue tax) with retroactive effect. They limited
and discriminated Norwegian private oil companies by not given them licenses.
Critical entrepreneurs were "killed" by not letting them contracts.
It was important to remain in power in order to fullfil their plan. Severe
salary increases to the workers and introduction of benefitial regulations
( Work Environmental Law, improved Sick Pay) secured reelection. By getting
representatives into the banks Board of Directors they influenced on the
appointment of bank leaders and bank policy making. Mismanagement resulted
in Government control of more than 50% of the Norwegian banking industry
including the most powerful banks. In stead of fighting back at an early
point the industry layed back pleased with getting orders and contracts.
During this period of time since early 70's the state has undertaken control
of the money flow in Norway. "The one who controls the money makes
the rules."