truthfund

The Republic Run by Cartels

In Capitalism, Cartelism, Cartels, Corporate welfare, Crony Capitalism, Fascism, Federal Reserve, Michael Moore, Politics on October 4, 2009 at 12:40 am
“It’s Socialism”, the republicans scream in the crowded theatre.  “Obama’s a goddamn Fascist”, chant the milky-white teabaggers.  “We need unregulated Capitalism”, shout the free-market economists who were silent before the crash.  Meanwhile, the corporate-backed democrats whine that the problem is greed-driven Crony or Cowboy Capitalism.  And the liberals cry that we are becoming a Corporate Welfare State.
No wonder why nervous Americans are angry, confused, and cynical.  How do we fix what we can’t define?  Or is it, perhaps, that old definitions simply no longer apply?
Modern socialist countries in the western world like Switzerland, France, or Canada are hardly Nazi Germany and Sarkozy is clearly not Mussolini.  To compare modern socialism to Nazis, or Fascism, is intellectual dishonest and an insult to these countries that thoroughly kick our ass in any study vital to a healthy and happy society.
Michael Moore tells us capitalism is evil in his new movie Capitalism: A Love Story, and suggests we need to replace it with democracy.  He implies that we have a sort of totalitarian pyramid economy where the top 1% control as much wealth as the bottom 90%.  But I thought voting with our wallet is democracy?
The truth is, our economic-political system has become a far more dangerous and uncontrollable monster.  All the regulation in the world can’t keep this creature caged, and its obvious growl is muffled by the very noise written above.
What we have is, too-big-to-fail Cartelism masquerading as the free market capitalism whose government is desperately trying to pick up the debris from their financial 9-11.  And this economic terrorist attack is provably an inside job, but the silence in accountability is deafening.
Cartelism is defined as; an economic system where a small group of companies in a given industry control a large majority of the market-place and act as “competitors”, but ultimately they work in concert to influence industry policy by purchasing legislative votes in their industry’s favor.
That’s a mouthful.  Let me break it down for you pragmatics.
Cartelism is:
An seemingly free market economic system
A small group of companies control entire industries
They work together to shape industry policy
And purchase legislators to vote their interests
These cartels dominate every major industry in the United States and they own nearly all public officials.  That is an indisputable fact, and until we recognize the nature of the beast we cannot slay it.  What’s even more disturbing is that these Cartels have spun a global web.
Follow this blog for individual Cartel reports coming soon.

“It’s Socialism”, the republicans scream in the crowded theatre.  “Obama’s a goddamn Fascist”, chant the milky-white teabaggers.  “We need unregulated Capitalism”, shout the free-market economists who were silent before the crash.

Corporate-backed democrats whine that it’s greed-driven Crony or Cowboy Capitalism. And the liberals cry that we are becoming a Corporate Welfare State while looking for their handout.

How can we fix an economic system that we can’t even define?  No wonder why Americans are angry, confused, and cynical.  Or is it simply that old definitions no longer apply?

Modern socialist countries in the western world like Switzerland, France, or Canada are hardly Nazi Germany, and Sarkozy is clearly not Mussolini.  To compare modern socialism to Nazis, or Fascism, is intellectually dishonest and an insult to these countries that thoroughly kick our ass in any study vital to a healthy and happy society. Shouldn’t our ultimate goal be a healthy and happy society?

Michael Moore tells us capitalism is evil in his new movie Capitalism: A Love Story, and suggests we need to replace it with democracy.  He states that we have a sort of totalitarian-pyramid economy, where the top 1% control as much wealth as the bottom 90%.  He’s mostly right, but I thought voting with our wallet is democracy?

The truth is, our economic-political system has become a far more dangerous and uncontrollable monster.  All the regulation in the world can’t keep this creature caged, and its obvious growl is being muffled by the very noise written above.

What we have is best described as too-big-to-fail Cartelism, masquerading as free market capitalism whose government is desperately trying to pick up the debris from their financial 9-11.  This economic terrorist attack is provably an inside job and the silence in accountability is deafening.

I define Cartelism as an economic system where a handful of companies in a given industry control a large majority of the market-place.  They act as “competitors”, but ultimately they work in concert to influence industry policy by purchasing legislative votes.

That’s a mouthful.  Let me break it down for you pragmatics.

Cartelism is:

An seemingly free market economic system

A small group of companies control entire industries

They work together to shape industry policy

They purchase legislators to vote for their interests

These cartels dominate every major industry in the United States and they own nearly all public officials.  That is an indisputable fact, and until we recognize the nature of the beast we cannot slay it.  What’s even more disturbing is that these Cartels have already spun a global web that we’re all caught in.

Follow this blog for individual Cartel reports coming soon.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

%d bloggers like this: