Conspiratorial Capitalism

The text book definition of Profit is the measurement of efficiencies between competitive companies. Since we no longer enforce the Sherman Anti Trust Act via Ronald Reagan, profit has morphed into a destructive force entity with Crony Capitalism  thrust upon us today coupled with the monopoly factor.  

We see, for example, the increase in prices for life saving medicine increasing 600% to 3,000% for no other reason but that Big Pharma can.  We have replaced text book Capitalism with  Conspiratorial Capitalism, or Crony Capitalism - a systematic, corrupt system bought and paid for by legislators and corporate lobbyists.

Conspiratorial Capitalism is the collusion among legislators, right-wing judges, and corporate mass media.  The Federal Government lowers the tax rate for the wealthy, stops enforcing the Sherman Anti-Trust Legislation, anti-labor and essentially gives corporations and Wall Street free will.  

The powerful right-wing network that hijacks state politics and government through the American Legislative Exchange Council (ALEC) continue their nefarious agenda of wealth redistribution upwards to the Rich. 

Composing legislation, calling for a conference of all state legislators to attend, then handing out previously composed legislation for the legislative attendees to take back to their state legislation to vote upon is what ALEC is about. And, with a majority of Republicans in many state legislatures, the vote is “Aye.”

We now have a Corporate Press free from regulation thru the FCC relaxing the Fairness Doctrine, the Telecommunications Act of 1996, and the FCC revoking Net Neutrality.  Today’s News is mainly infotainment!

There is nothing in the Corporate News about the decline of the middle class, which the last 35 years has left America destroyed while the right-wing agenda of closing factories in the United States to the tune of 50,000 factories and moving American jobs to China continues. 

Our cities throughout the Rust Belt, the name given to our devastated industrial heartland, resemble the bombed ruined cities of WWII Germany.  Detroit, for example, had a population of over 2 million residents in its heyday and was listed as the richest city in America due mainly to its industrial base revolving around the manufacturing of automobiles.  

Today’s population of Detroit is under 700,000 with the difference in resident’s abandoned houses resembling what time did in lieu of bombs.

A rewarding model for business is government subsidies. This business model sets the condition whereby companies pay their workers below substance wages, then their employees apply for food stamps and medicaid in order to live.  All subsidized by the American taxpayer.

Republicans in the U.S. Senate continue  blocking legislation to restore the American manufacturing industry. We do not enforce our tariffs that all other countries use to protect their manufacturing base!

Republican Senator McConnell, Senate Majority Leader, continues to object to Legislation from the House of Representatives dealing with all sorts of remedies, from Russian  interference in our voting, voter security, monopolies, and more. 

Ronald Reagan’s infamous 9 words: “I’m from the government and I’m here to help.”  And, “Government is not the solution to our problem; government is the problem.”  

From this foreboding idea that government is incompetent sprang the buzz word “privatize”.  Let’s privatize everything! 

Perhaps the enemy is only an idea, albeit a bad idea.  The solution would be to educate the American public through the Mass Media.  

But the Mass Media is owned by 6 corporations!  Therein lies the problem.