Tuesday, April 26, 2016

Government-Sponsored Corporatism Is 
Leading To The Rise Of Populism
The Daily Bell dispels the myth that the anti-establishment candidates, in particular Donald Trump, in the U.S. Presidential election are anti-business .. it's more of an issue that big business is scared of losing their privileged status in America's corporatism system - which is definitely not capitalism .. the essay identifies 3 big areas of in influence of big American corporations on the government - intellectual property rights, corporate personhood & monopoly central banking .. "Monopoly fiat money benefits the world’s largest corporations inordinately. The money coming out of central banks, especially Western central banks, often finds its way to the largest multinationals first, providing significant liquidity to these massive entities. There are other ways that 'big business' is artificially supported and propped up in the West, but these seem to be the most significant. To claim that the current U.S. 'populist' environment is anti-big business is to radically misconstrue the reality of American capitalism. American capitalism has very little about it that is laissez-faire. U.S. judicial decisions have created an environment in which gigantic corporations can flourish. Thomas Jefferson and other founders were so worried about corporate bigness that corporate creation was lodged at the state rather than the federal level. It was only after the Civil War that judicial decisions began to lay the groundwork for the modern corporate state. The modern corporate state is almost antithetical to the agrarian republicanism that Jefferson and others had envisioned – a free-market republicanism that was responsible for initial U.S. growth."
LINK HERE to the essay

1 comment:

Anonymous said...

America now has nearly 5 PR people for every reporter, double the rate from a decade ago

According to the U.S. Bureau of Labor Statistics, here is how the total American job numbers looked 15 years ago, and today:

2000: 65,900 news reporters, and 128,600 public relations people

2015: 45,800 news reporters, and 218,000 public relations people

So 15 years ago, there were two PR people for every reporter in the country. Now there are 4.8 PR people for every reporter.

This is a huge change, as companies and organizations are seeking to bypass a shrinking media industry and tell their own stories. What this means is that people are getting less objective news and more biased content.