The Mullahs’ Ponzi Scheme: Where God is the CEO and Poverty is the Divine Dividend


There is a particular brand of comedy that only exists in the intersection of medieval theology and late-stage terminal capitalism, and currently, Iran is performing the world’s longest-running dark sketch. The news that the Islamic Revolutionary Guard Corps (IRGC) and a handful of geriatric clerics have tightened their grip on the Iranian economy is about as surprising as discovering that water is wet or that a politician’s promise has the shelf life of an open carton of milk in the Sahara. We are told, with the breathless gravity of a freshman sociology major, that 'experts' are questioning how long the regime can survive. I have a spoiler for the experts: they will survive as long as they have more bullets than the people have bread. It is a simple equation that the West, in its infinite, soft-headed optimism, consistently fails to balance.
Let’s look at the players in this tragic farce. On one side, we have the IRGC—an organization that has successfully transitioned from a revolutionary militia into a sprawling conglomerate that makes the average Western military-industrial complex look like a lemonade stand. They don’t just defend borders; they run the telecommunications, the construction firms, the ports, and probably the very ink used to print the increasingly worthless rial. It is a 'protection racket' dressed in olive drab and religious fervor. If you want to build a bridge in Iran, you aren’t just dealing with gravity and concrete; you’re dealing with a board of directors who believe their business plan was co-authored by the Almighty. It’s the ultimate fusion of the corporate boardroom and the torture chamber, a synergy that would make even the most predatory Wall Street shark weep with envy.
Then we have the religious elites, the guardians of the 'bonyads.' These are ostensibly charitable foundations, which is a lovely euphemism for tax-exempt black holes where the nation’s wealth goes to disappear. They preach the virtues of the afterlife while hoarding the earthly assets of the present with a greed that would embarrass a Gilded Age oil tycoon. They tell the masses that their poverty is a test from God, a spiritual refinement, while they manage portfolios that span continents. It is a masterful performance of hypocrisy. They have managed to turn the entire concept of the state into a multi-level marketing scheme where the only way to move up is to be related to a man in a turban who hasn't seen his own feet since the Carter administration.
Meanwhile, the Western 'experts' sit in their climate-controlled think tanks in D.C. and London, staring at inflation charts and predicting 'imminent collapse' for the forty-fifth consecutive year. They treat economics as if it were a rational science applied to rational actors. It isn't. Not when the actors in question believe they have a mandate from the heavens and a monopoly on the local supply of lead. The experts point to the plummeting currency and the rising price of eggs as if these are bugs in the system. They aren't bugs; they are features. A hungry population is a distracted population. When the citizenry is spent spends eighteen hours a day trying to figure out how to afford a liter of milk, they have very little energy left for the arduous task of toppling a theocratic kleptocracy.
The tragedy here isn't just the regime’s cruelty; it’s the universal human capacity for endurance in the face of absolute absurdity. The Iranian people are caught in a pincer movement: on one side, a domestic government that treats the national treasury like a private piggy bank, and on the other, an international community that thinks sanctions are a surgical tool rather than a blunt instrument that mostly bruises the people who are already starving. The Left will cry about the 'imperialist' pressure, ignoring the fact that the Mullahs are doing a perfectly fine job of colonizing their own people’s futures. The Right will bark about 'regime change,' as if they have a track record of doing that without leaving behind a smoking crater and a new generation of extremists.
In reality, the 'tight grip' we’re discussing is the natural state of a dying empire. Power doesn't decentralize when it’s threatened; it ossifies. It pulls everything inward, consuming its own limbs to keep the heart beating for one more day. The IRGC and the clerics aren't strengthening their hold because they are confident; they are doing it because they are the only ones left in the room. They have liquidated the middle class, silenced the intellectuals, and turned the marketplace into a barracks. And still, the world watches, waiting for the 'economic woes' to trigger a cinematic revolution that never quite arrives. We are witnessing the slow-motion collapse of a society into a singular, densified mass of corruption and prayer. It’s not a political crisis; it’s a terminal diagnosis. But don't worry—I'm sure another report from an 'expert' will be out next week to tell us the regime is on its last legs. They’ve been on their last legs so long they’ve forgotten how to walk.
This story is an interpreted work of social commentary based on real events. Source: DW