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The elite use socialism as a consolidation and control mechanism. Allen describes Socialism as "a movement created, manipulated and used by power-seeking billionaires in order to gain control over the world." He points out that this is accomplished, "first by establishing socialist governments in the various nations" and then combining them all under the "United Nations." Socialism, in practice, is tyranny. It is control by the wealthy individuals who control the state. It is always oppressive, because they must use terror of some kind to create restrictive laws which ensure their control. .Mark M. Rich
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Allen agreed, writing, "If one understands that socialism is not a share-the-wealth program, but is in reality a method to consolidate and control the wealth, then the seeming paradox of super-rich men promoting socialism becomes no paradox at all. Instead it becomes the logical, even the perfect tool of the power-seeking megalomaniacs." He reveals, "Socialism, is not a movement of the downtrodden masses, but of the economic elite.Mark M. Rich
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In 1987 Senator Jesse Helms, stated "it is no secret that the international bankers profiteer form sovereign state debt. The New York banks have found important profit centers in lending to countries plunged into debt by Socialist regimes. Under Socialist regimes, countries go deeper and deeper into debt because Socialism as an economic system does not work. International bankers are sophisticated enough to understand this phenomenon and they are sophisticated enough to profit from it. .Mark M. Rich