I used to think exactly that.
Until I found out that Wall Street financed totalitarianism throughout the 20th century.
How could capitalists be communists, I wondered ?
These financiers are monopolists, that’s the key to understanding it. You have to think about it from the point of view of a multi-billionaire who has engineered a monopoly for himself. He hates competition. He is increasingly drawn to the easier large investment instead of many small ones. He is invariably drawn to become the backer of politicians and have government working for him instead of bothering his monopoly. He finds a convenient enormous investment and fee earnings potential by becoming the banker to the government itself, the mechanism that creates and manages a market for government bonds. The government receives spendable cash for the bonds. He soon figures out that he can do this with many governments around the world. The politicians in all the debtor nations can then be backed by him financially - and media influence if he sits on the boards of media companies - to remain in power. He can spend his money to trash candidates that won’t go along with his loan-shark grip on the country. He can move capital from country to country, financing the building of manufacturing plants, infrastructure projects, etc.
I think this is mind-boggling. But I take everything away and look at a few simple statements that are simple historical fact that have no rational explanation.
J P Morgan founded the Council on Foreign Relations.
Why would a bank want to found a foreign policy think tank ?
Ok, I investigate actual real history.
I look at the influence of the Council on Foreign Relations on the U.S. State Department and U.S. Presidents. I look at specific names in both and the length of time and significance of their influence.
It is still mind-boggling to me, but it’s simple historical fact.