“Controlled disintegration” was an explicit central-bank strategy, not an accident

Evidence

In the end, though, it was neither the hippy left nor the libertarian right that disintegrated the Global Plan. It was the work of functionaries who had served the technostructure well. We know this from the horse’s mouth, the former New Dealer who was at the centre of the 1971 Nixon Shock and who, between 1979 and 1987, chaired America’s central bank, the Fed. In a 1978 speech at Warwick University, Paul Volcker explained succinctly and cynically what they were up to: ‘[A] controlled disintegration in the world economy is a legitimate objective for the 1980s.’ — Yanis Varoufakis, Technofeudalism, 213

Categorization

• CANDY: Volcker’s blunt ‘controlled disintegration’ quote is a striking, quotable line.
• XREF: Builds on the book’s central thesis that the shift to feudalism was deliberate policy, not market drift. — connects to: Central bank technocracy was framed as superior to democratic control precisely in democratic ages — Clara E. Mattei, The Capital Order: How Economists…, 1013; Financial markets destabilized governments without directly orchestrating their fall; Central bankers inadvertently financed capitalism’s own demise — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 388
• corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 213

Broader Connections

• Financial markets destabilized governments without directly orchestrating their fall #complicates (0.85)
• Central bankers inadvertently financed capitalism’s own demise #complicates (0.80) — Yanis Varoufakis, Technofeudalism, 388