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Capitalism as the Engine of Global Crisis

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A System Can't Fix Itself When It Only Wants to Maintain Itself

The tendency towards increasing concentration of capital that Marx pointed to 150 years ago is alive and well. The United States may once have honored a document claiming that "all men are created equal," but going forward, the only visible prospect is a 2-tier society bankrupting itself in endless war, ruled by Wall St and the MIC. The 2 parties scarcely pretend to be more than instruments of the corporate oligarchy, while the media is the propaganda arm of the entire complex. No solution can emerge from official politics, since its function is not "solving problems," but rather protecting the social order -- in part by stifling consciousness of capitalism's inevitable consequences. Just as the oil companies will not permit recognition of global warming, the 2 US parties cannot permit recognition of US crimes in Iraq, and the MSM cannot permit recognition that the current economic convulsions result from Wall St's looting of society's resources. In each case, powerful institutions are closing ranks to protect capitalist imperatives from the type of critical public examination that would discredit the whole system.

Within the context of capitalism, the oil companies, MIC firms, Wall St banks, and media conglomerates cannot be faulted for what has happened. They did just what they're supposed to do. They wanted to maximize profits, and rightly perceived that this required overhauling the US form of government. Unfortunately, this involved scrapping broad swaths of the Constitution & international law, and debasing the media. Ultimately, you can have maximum corporate profits; or the Constitution and some degree of media integrity -- but you can't have both. ("We can have a democratic society or we can have great concentrated wealth in the hands of a few. We cannot have both." -- Justice Louis Brandeis)

Once we accept that profits shall be society's supreme organizing principle, we condemn ourselves to a trajectory of ever-increasing rule by a consortium of banks, oil companies, and weapons contractors. Averting one's eyes from this unpleasant prospect may feel better in the short term -- but doesn't alter the trajectory, or the forces relentlessly guiding it.


References:
{1} David Hume, 1758, "Of the First Principles of Government." See for example "The People Who Own the Country Shouldn't Run It," Gore Vidal,
http://www.tompaine.com/Archive/scontent/2524.html
{2} Michael Parenti, Contrary Notions, 2007, p 33. The bumpersticker Parenti refers to reads "Subvert the Dominant Paradigm."
{3} Karl Marx, Preface to "A Contribution to the Critique of Political Economy," 1859.
http://www.marxists.org/archive/marx/works/1859/critique-pol-economy/preface.htm
{4} Fan site for the film at http://www.an-inconvenient-truth.com/
{5} Naomi Klein, The Shock Doctrine, 2007, p 301, Ch 14
{6} World Socialist Web Site. WSWS has articulated this theme repeatedly, recently for example at
http://www.wsws.org/articles/2008/jan2008/econ-j23.shtml. A fuller exposition is at http://www.wsws.org/articles/2007/feb2007/nib2-f13.shtml.
{7} See for example Kevin Phillips, Wealth and Democracy, 2002, statistical data developed in book's closing section.

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Richard Mynick is a US citizen who, despite the best efforts of the corporate media, noticed something disturbing about how the 2000 election was decided, & felt it augured poorly for democracy.

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Very good article. I'm just not sure what to do about it. by Brett Paatsch on Tuesday, Jan 29, 2008 at 3:13:32 AM
I know what you mean, of course -- by Richard Mynick on Tuesday, Jan 29, 2008 at 11:47:37 AM
Re: "pie in the sky" by Brett Paatsch on Thursday, Jan 31, 2008 at 6:34:05 PM
The broad question is like a book with 2 chapters. The first by Richard Mynick on Friday, Feb 1, 2008 at 12:37:52 AM
Excellent, scholarly presentation. by waldopaper on Tuesday, Jan 29, 2008 at 10:00:36 AM
Wow! That's a wonderful response (and I don't mean the part by Richard Mynick on Tuesday, Jan 29, 2008 at 1:33:09 PM
Very useful article for someone like me... by Steven Leser on Tuesday, Jan 29, 2008 at 12:11:14 PM
The whole historical subject of "reformist" attempts is both by Richard Mynick on Tuesday, Jan 29, 2008 at 2:47:44 PM
The main place where I think Capitalism went wrong was... by Steven Leser on Tuesday, Jan 29, 2008 at 9:48:35 PM
Said the Joker to the Thief by welshTerrier2 on Tuesday, Jan 29, 2008 at 12:41:02 PM
Thanks wT2, -- you've put almost too much here, for me to by Richard Mynick on Tuesday, Jan 29, 2008 at 5:21:13 PM
Primary Objectives Versus Ultimate Vision by welshTerrier2 on Tuesday, Jan 29, 2008 at 7:08:32 PM
Well (chuckle!), I don't think I can quite satisfy you on by Richard Mynick on Tuesday, Jan 29, 2008 at 11:36:04 PM
Reform, it can be done. by kwalsh on Tuesday, Jan 29, 2008 at 3:46:25 PM
The present system is preparing against Chinese by Stanimal on Tuesday, Jan 29, 2008 at 9:36:55 PM
Pie In The Sky by Robert Moskowitz on Wednesday, Jan 30, 2008 at 2:52:58 AM
About comparisons to "The Matrix" -- there's a very by Richard Mynick on Wednesday, Jan 30, 2008 at 10:28:14 AM
Superb by coyote on Thursday, Jan 31, 2008 at 5:59:07 PM
look behind the mirror too .... by siamdave on Friday, Feb 1, 2008 at 1:40:46 AM