Tuesday, November 16, 2010

Corporatism:

Corporatism: the worship of money/the religion of consumerism
To: larry.@

Thanks for the article from the National Post titled "Kiwifruit Moralism" .
It was a good satire on left-wing/environmentalist movement.
As one who strongly identifies with liberal values and ideas
I offer the following by way of rebuttal.

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http://www.vivelecanada.ca/article.php/20060317180751493=0D

When man's highest ideal and purpose in life is the acquisition of
money and men deny the existence of any power higher that the power
they feel they receive from being fabulously wealthy,they lose
their sense of right and wrong, and answer to no one for their
actions. They are worshipping false gods
They shut off their consciences, and run amuck over anyone in their
way to achieve goals that lead only to their own sense of importance
see "capitalism run amuck"
We have seen the ascendance of the corporate welfare state where
corporations who tout the free market economy are the new welfare
bums--the billion dollar babies-- blessed with massive government
subsidies/bailouts, the beneficiaries of preferential legislation, and
deregulation-- such that insider trading and corporate cronyism are
epidemic
The corporate welfare state has escaped the vicious
attacks handed the social welfare state as government has become
the hand maiden to the corporate welfare state.
 The media, for its part, has effectively been co-opted to this "out-of-control" corporatism
The corporate welfare state is brought to you by neo-conservatives.
They praise the mantras of privatization and deregulation-- the
vehicles of unmitigated greed. These practitioners have proven that
they cannot be trusted with the keys of the kingdom yet they escape
scrutiny because they control the agenda, the media, and most
importantly effective political opposition is lacking.
Neo-conservatives, and their corporate welfare state, also want to
eliminate, or at least minimize government as it quite simply gets
in the way of unmitigated greed-- so they can act without any
consideration for the public good or public consultation-and this
is just what is happening in the US now.
And this leads us to Benito Mussolini and that little word "fascism"
as corporatism too easily mutates/morphs into fascism.

"Fascism" should more properly be called corporatism,
since it is the merger of state and corporate power."
- Benito Mussolini

In, Lament for a Nation, Grant states
"Yet what is socialism if it is not the use of government to
restrain greed in the name of the social good"

The world has been taken over by the neoclassical market economy
theory and is going to hell in a handbasket, with environmental
destruction, human destitution and mass murder ... by hunger, sickness,and war
 growing by the day. This is officially called by our
economists and politicians as "the free movement of wealth creating
capital"
The neoclassical theory has become the biggest crime wave in human history

If the world hopes to save future generations, it will have to shed
all ideology based economic theories and start following the laws of
physical realities.


The neoclassical market economic system is built on the false
theory of so called "competition", including the twisted out words
of Adam Smith.
 He never said: "In competition self interest serves
the common good".
 A totally asinine and criminal statement, neither Smith, or any
sane person would ever say,.. yet it is being taught as economics.

My friends, you can complain and bitch against the actions of
corrupt politicians and their owners/handlers, the corrupt corporations,
but unless you start going after the universities, where this garbage
is being taught, you're wasting your time. Because they are basing
their actions on the theories coming out of universities, picked up
by corporations in courses on business management and administration.
The corporations own the government and so-called elected public officials serve the interests of their financial contributors and not their constituents.We the people need to reclaim our power and our lives! from corrupt politicians whose loyalty is not to those whom they have been elected to represent but to their financial backers.
If they cannot prove that they are worthy of representing us then they should be fired.

The highest priority for corporations is to maximize profits for their shareholders.
Politicians ,on the other hand, are supposed to represent and promote the public interest.
When elected officials devote more effort to creating opportunities for industries (private corporations)
than for the people who they have been elected to serve, they lose our trust and our respect--especially when industrial growth  comes at a cost to the public interest (such as environmental degradation/pollution)

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Taming Predatory Capitalism

JAMES K. GALBRAITH
In 1899 Thorstein Veblen described predation as a phase in the
evolution of culture, "attained only when the predatory attitude
has become the habitual and accredited spiritual attitude...when
the fight has become the nt note in the current theory of
life." After an entire century's struggle to escape from this
phase, we've suffered a relapse. The predators are everywhere
unleashed; and the institutions built to contain them, from the
United Nations to the AFL-CIO to the SEC, are everywhere under
siege.
Predation has again become the defining feature of economic
life.

Our first problem is to grasp this reality in full.
Postwar prosperity was built on a vast cut in the cost of security
and the achievement of peace in Europe and much of Asia. The
American role in the cold war system was to provide security; for
this the dollar's role as anchor of the world trading system was
our reward. But now, with Iraq, we are seen worldwide as the
leading predator state, promoting war as a solution rather than as
the ultimate economic and human horror.
For this, many would like
to see our privileges revoked.
Corporate and financial fraud and political corruption form the
second great domain of predatory capitalism.
 DeLay, Frist and Abramoff are the names in the news, but the tone is set by the
leadership--Cheney of Halliburton and Bush of Harken Energy--a
large predator and a small scavenger, specialists in cronyism and
expert in nothing else. When predation becomes the accepted
business and political norm, the foundation of capitalism crumbles.
Markets lose legitimacy, investors fly to safety in bonds, and
authentic innovation and shared growth both become unattainable.
The solution must be not just a change of parties but a new
political class, including a new media not under corrupt control.

http://www.thenation.com/doc/20060417/forum/4=0D

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Large contibutions from special interest groups have eroded trust in our elected officials and corrupted our government". A different kind of candidate running a different kind of campaign,depends on the support of ordinary citizens and runs to represent/serve them, not lobbyists and large corporations.
We must elect leaders who are willing to serve, protect, and advance the public interest,rather than betray it!
The failure of the political establishment to protect the public interest is a betrayal of their mandate.
It used to be called treason; now it's called politics!

We must establish and maintain a clear separation between government institutions and corporations(whose loyalty is only to themselves)!
 The independence of the judiciary is deemed to be an essential part of the fabric of a free and democratic society.
Legislators/(those who make the laws) and the government  must also fulfill their role  independent
of the external influences of corporations and their lobbyists.
A lobbyist is by definition someone seeking to influence the outcome of government policy in their own favor!

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Murray Dobbin,a Vancouver-based journalist,author and social activist in his 1998 book titled "The Myth of the Good Corporate Citizen--Democracy under the Rule of Big Business" writes:


“Unspinning “ political issues: a citizen's guide to globalization

"As union, social and environmental activists, we know that the vast majority of Canadians share our progressive values of strong communities, sustainable development, and robust universal social programs;' 
"But somehow, when it comes to choosing governments, those people (including many union members) vote for parties that are slowly dismantling exactly the things people value.
"Part of the explanation is that the language used to talk about these issues in the media is determined not by us but by corporate and party media consultants, business think tanks and right-wing
spin doctors.
"What we are talking about here is how issues are framed."
"All of these effective conservative/right-wing "frames" make our job of promoting social justice much more difficult. -
"But all of them can be reframed from our values perspective. And that also allows us to speak about positive alternatives, rather than always reacting to what they do and say.
"That won't guarantee we will win but if we don't 'reframe' these issues we are likely to keep losing important battles:'

28 comments:

  1. Private corporations should not be allowed to shape public policies!

    ReplyDelete
    Replies
    1.    Corporate money is flooding into political campaigns.
      Politicians become obligated to the corporate donors that fund their campaigns.

      Delete
    2. This comment has been removed by the author.

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    3. America is the best example of the dangers of linking
      business and politics...
      just as Iran is an example of the dangers of linking religion and politics.

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    4. The mantra of "too big to fail" is not capitalism
      but fascism!

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    5. In a democracy the government is supposed to serve all the people, but when corporate lobbyists bribe legislators/politicians with campaign donations(/bribes)
      the people lose ownership of their government,
      The government no longer serves the people,
      and the wealthy end up rigging the laws in their favour.

      Delete
    6. Campaign donations are intended to buy preferential access to power
      Limiting corporate campaign funding and imposing spending limits will simply drive such contributions underground.

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    7. "Big money" runs the US government , not the people!

      Delete

    8. Laws should be made to be fair and to serve everyone equally

      Public policy should be informed by science and not by lobbyists and the  greedy self-interest of corporations or the wealthy elite.

      Delete
  2. Have you seen Michael Moore's film :

    http://www.michaelmoore.com/books-films/facts/capitalism-love-story

    ReplyDelete
  3. the profit motive trumps moral principles:

    Without regulation this kind of corporate behaviour would have gone unpunished.
    Even so, the fines levied are trivial in relation to tbe corporations annual profits,...and are simply written off as "the cost of doing business" --(costs wch are ultimately passed on tous,the consumer).
    The real environmental costs and the cost to human health are never accurately monetized.

    *************************

    - British drugmaker GlaxoSmithKline will pay $3 billion in fines — the largest healthcare fraud settlement in U.S. history — for criminagl and civil violations involving 10 drugs that are taken by millions of people. http://www.calgaryherald.com/touch/health/story.html?id=6876390u




    Barclays Bank fined 450 million:
    LONDON — Barclays Chief Executive Bob Diamond quit his job Tuesday, the biggest scalp in a financial markets scandal that has also seen the chairman announce his intention to resign and sown the seeds for another investigation into Britain’s banking sector.



    REUTERS JULY 2, 2012WASHINGTON, July 2 (Reuters) - The U.S. pipeline regulator on Monday slapped a $3.7 million fine, the largest penalty ever imposed, on Enbridge Inc for a July 2010 crude oil spill which contaminated stretches of the Kalamzoo River in Michigan. The Transportation Department's Pipeline and Hazardous Materials Safety Administration (PHMSA) said its probe uncovered two dozen regulation violations related to the leak on Enbridge's Line 6B near the town of Marshall, about mid-way between Detroit and Lake Michigan. "We will hold pipeline operators accountable if they do not follow proper safety procedures to protect the environment and local communities," Transportation Secretary Ray LaHood said in a statement. Enbridge has 30 days to respond to the order. PHMSA's order against Enbridge accuses the company of failing to adhere to regulations for maintaining pipeline integrity. The agency also said the company attempted to bring the pipeline
    back into service despite receiving multiple leak alarms the night it ruptured, leading to the release of more oil. Enbridge's 30-inch line ultimately spilled more than 20,000 barrels of heavy crude and contaminated 38 miles (60 km) of the Kalamazoo River. The accident shut down the pipeline for more than two months and spawned a massive clean-up that the company has estimated will cost more than $700 million. Following the Enbridge spill and other major pipeline accidents, the Transportation Department enhanced its oversight last year. The department is collecting more data on pipelines and in 2011 closed 102 enforcement cases, its highest level for a single year. Last December, Congress passed a pipeline safety bill that raised maxiumum fines and authorized an increase in the number of pipeline inspectors. Enbridge said it was reviewing the PHMSA order. "We will not comment specifically on the contents of the (Notice of Probable Violation) until that
    analysis is complete," the company said in a statement.

    ReplyDelete
  4. ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism
    --Yves Smith

    nakedcapitalism.com

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  5. I am an American Conservative Christian Vet from Missouri, and I bet I would find more common ground with a New York liberal then with the W/h/o/r/e/s/ in congress who are bought sold or rented daily to the highest bidder.
    It is time to take our country back, time to once again make it a country by and for the people!
    I know I share common ground with a liberal in that we both believe in a balanced budget, That we don't need troops in Trashganistan when our own borders are unsecure. We don't want or need predator drones flying in american skies- We don't need a patriot act, but we need patriots, We don't need a police state - But we need police with common sense.
    We don't need or want a media controlled by multinationals who divide the people on purpose.
    What we don't agree on can be left to a vote of a informed not propagandized majority.
    We need to take our country back!!!
    NOW before we become third world serfs who are happy just to eat

    ReplyDelete
  6. Corporate tax breaks don't translate into new jobs
    By Kelowna Capital News
    Published: September 14, 2012 12:00 PM
    Updated: September 14, 2012 12:4212 PM

    To the editor:
    There is always an easy way out of talking about corporate advantages that translate into disadvantages for the little people. The conversation usually deteriorates into semantics, with one side hurling epithets at the other over their ideological differences.The question we really need to ask, above all else, is: Why do we continue to give enormous businesses tax breaks?Of course it encourages them to come to Canada and save their money, perhaps build some meager infrastructure to validate their position here, but it never seems to create any jobs.Mostly, tax breaks give corporations a place to keep their profits, which is typically redistributed to the top five per cent of the company. That is where the inequality becomes an even larger issue. Tax breaks do not create jobs and redistribute the wealth to those who need it. It opens the door for further entitlements and unprecedented greed.Now, that's not to say that corporate taxes are the solution to every problem. Cutting them down to a reasonable degree is a smart way to try and draw jobs and infrastructure to Canada. The issue comes when companies have no real initiative to create any jobs and are not held accountable for it.The United States is the perfect example of this, as many companies have headquartered in the U.S. for this very reason. Their corporate tax rate is high, but is filled with loopholes that can cut down the tax rate for some companies to zero. That kind of attitude drove the U.S. economy into its steep recession and, so far, has done little to benefit them in general.The Canadian Labour Congress's report, posted on Jan. 25, 2012, clearly lays out the damage these cuts create.We cannot continue to accept this standard as Canadians.
    For Stephen Harper's Conservatives to slash corporate tax rates from 21 per cent to 15 per cent doesn't sound like a lot, but the CLC notes a one per cent cut represents $2 billion in lost revenue. That is $2 billion in lost funding for teachers, community programs, federally funded health organizations and so on. All of these services are essential, according to the federal Conservatives and B.C. Premier Christy Clark's Liberals, so why is it that they (workers) are being made out as the bad guys when they ask for competitive wages?The real heart of the matter is that money talks, which creates a level of undeniable power.
    These corporate forces are not representing the interests of Canadians. They represent the ideal of profit over quality of life.That $2 billion in Federal revenue for that one per cent increase in taxes would pay for 28,571 more teachers, according to Taxpayer.com's slightly over-estimated average salary for educators in British Columbia.So, $2 billion in the corporate world is an incentive, yet not significant in the overall scheme of things. But $2 billion for the average Canadian citizen can represent a better education, sophisticated health care and an improved quality of life.Which is more important to you?Brandon Taylor,Kelowna Find this article at: http://www.kelownacapnews.com/opinion/letters/169812116.html

    ReplyDelete
    Replies

    1. If a 1% reduction in corporate tax is equivalent to
      2 billion dollar loss in public revenue, then a 6% drop (from 21% to 15% ) representd a 12 billion dollar drop in revenue(an amount wch corporations add to their annual profits at the expense of the nation's citizenry)

      Such generous tax breaks reward corporations by increasing their profits. ..while depriving the people of
      education, health care, etc.,etc.

      Delete
    2. If I'm not mistaken
      the corporate tax rate in the US
      is 32%....!!
      So by comparison Canadian corporations are already more than adequately rewarded with tax breaks!

      Delete

  7. Why we need labor unions:

    http://finance.yahoo.com/blogs/daily-ticker/why-labor-unions-172114831.html

    ReplyDelete
  8. Because the "businessmen" of the world (aka "profiteers/greedsters) have united under the banner of "capitalism"..and they have no qualms about exploiting both human and natural resources in pursuit of their profits!

    ReplyDelete
  9. Corporations have an economic role.
    They ought not to have a political role...because they have no conscience and do not reflect the values of the people.

    ReplyDelete
    Replies
    1. Corporations are a threat to Democracy and society ...
      https://debatewise.org/139-corporations-are-a-threat-to-democ…
      2008-04-01 · Then, corporations bought those local businesses, and converted “Ted’s Grocery” to Ãœber-Mega-Super-Intense Wal-mart!!! This to me is a blatant threat to democracy. Imagine corporations (as they do in eastern europe and central america) paying off the government to not enforce labor and minimum wage laws.

      Corporations and the Future of Democracy | …
      https://www.philosophytalk.org/blog/corporations-and-future-d…
      There are lots of ways that corporations threaten democracy. But they’re all, I think, rooted in one basic concept -- the idea of limited liability . That’s the concept that the individuals behind a corporation can shield themselves from full financial responsibility for risks they take.

      The New Corporation: How Good Corporations Are …
      https://www.chapters.indigo.ca/en-ca/books/the-new-corporati…

      Title: The New Corporation: How Good Corporations Are Bad For Democracy in Published: September 8, 2020

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  10. The marketing conspiracy:

    We are being manipulated/baited by advertising?
    Corporations are spending billions to convince you that consumer goods confer
    magical and protective powers on buyers.
    They wouldn't waste their money if their "marketing"  efforts didn't work.
    People are easy targets for advertisers who design seductive campaigns telling us we must have their product to be happy and whole.
    No money? No problem--buy on credit.
    Go in debt.

    "On average" says
    The Narcissism Epidemic
    "materialistic people are less happy and more depressed.Even people who simply aspire to have more money
    suffer from poor mental health; they also report more physical health problems such as sore throats,backaches,a.d headaches a.d wefe more likely to drink too much alcohol and uze illegal drugs.Striving for
    financial success,apparently makes people miserable."

    Listen to Stompin Tom Conner's
    "The Consumer"
    http://www.lyricsfreak.com/s/stompin+tom+connors/the+consumer_20785502.html

    http://m.youtube.com/watch?v=jl75Ou3hNTY&desktop_uri=%2Fwatch%3Fv%3Djl75Ou3hNTY

    ReplyDelete
  11. Dismantling the corporate state:


    http://nader.org/2014/03/11/unstoppable-emerging-left-right-alliance-dismantle-corporate-state/

    ReplyDelete
  12. : "Climate change demands we consume less, but being consumers is all we know" —
    The capitalist ideology prods and entices us to consume more in order to fuel economic growth.
    But in so doing we destroy the environment upon wch all life depends.

    ReplyDelete
  13. Corporate greed and consumerism
    are destroying the planet
    one purchase at a time

    ReplyDelete
  14. Corporations have taken over the world.
    The individual has no value except in so far as he is a means to a corporate end.

    Ayn Rand was wrong!
     The individual humanoid counts for nothing!

    ReplyDelete
  15. In the U.S. political office is bought with money

    The US, has become a corporate regime, and there's an incredible amount of wealth and power in the hands of the very few.It isn't about the people voting any longer, as "every senator and congressman, and the president, is bought and paid for-- they're civilian contractors.
     It's an oligarchy...which means the money elite runs this country," bankrolling specific candidates that kowtow to their views and interests

    Obligated politicians are bought and paid for: those elected to public office are beholden to the corporations and wealthy private donars that funded their campaigns

    Donald Trump says he is willing to spend 1 billion dollars to buy the office of president!

    ReplyDelete
  16. corporate welfare



    Government subsidies for business are greater than Canada's entire defence budget | CBCRadio



    https://www.cbc.ca/radio/thesundayedition/the-sunday-edition-for-may-26-2019-1.5146999/government-subsidies-for-business-are-greater-than-canada-s-entire-defence-budget-1.5148266?__vfz=medium%3Dsharebar

    ReplyDelete
    Replies
    1. listen to this interview with Joel Bakan:
      (it begins 50 minutes into this show)
      https://www.cbc.ca/listen/live-radio/1-96-radio-west/clip/15799729-details-analysis-speech-throne-speeches-federal-party-leaders



      Delete