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Corporate Coup d' Etat of the U.S. Economy

By   Follow Me on Twitter     Message Richard Clark     Permalink
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As Americans we reject communism because it historically has allowed a tiny group of people to consolidate complete control over national resources (including people), in the process stifling competition, freedom and choice. It leaves its citizens stagnating under the perpetual broken systems with no natural motivation to innovate, improve services or reduce costs.

Lack of choice, lazy, unresponsive customer service, a culture of exploitation and a small powerbase formed by cronyism and nepotism are the hallmarks of a communist system that steals from its citizenry, and is a major reason why America spent half a century fighting a Cold War with the U.S.S.R.

Yet today we find ourselves as a country divided into two distinct groups of people: those who are forced to compete tooth and nail each day to provide value to society in return for income for ourselves and our families, and those who would instead use our lawmaking apparatus to help themselves to our tax money and to protect themselves from true competition.

If you allow weak, outdated players to take control of the government and change the rules so that they can be protected from the natural competition and reward systems that have created so many innovations in our country, you not only steal from the citizens on behalf of the least worthy but you also doom them by shunting off and trapping the capital that would be used to generate new innovation and, most importantly, jobs.

We are losing the opportunity cost of all the great ideas that should be coming from the proper deployment of that $23.7 trillion in capital. Everything from innovation in medical delivery systems to accessible space travel, free energy to the driverless car; all of these things may never come to pass because those powerful individuals who have failed, been passed over by technological advancements, innovation and flat-out smarts, have been allowed to commandeered our government to unfairly sustain their wealth and power.

Unfortunately, they use our wealth and laws not only to benefit their outdated, failed companies, but also to spend a small pittance of their ill-gotten gains lobbying and favor-trading with politicians so that the government will continue to protect them from competition and their well-deserved failure.

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The massive spike in unemployment, the utter destruction of retirement wealth, the collapse in the value of our homes, the worst recession since the Great Depression have all resulted directly from the abdication of proper government.

Yet even with all of that, the only changes that have been made, have been made to prop up and hide the massive flaws on behalf of those who perpetuated them! Utterly nothing has been done to disclose the flaws in this system, improve it or rebuild it. Only true rules-based capitalism ensures constant adaptation and implementation of the latest and best practices for a given business, as those businesses that don't adapt fail, and those who deploy the latest innovations to their customers benefit, prosper.

The concept of communism is rightly reviled in this country for the simple reason that it is blind to human nature, allowing a small group of individuals near-total control, while sticking everyone else with the same crappy systems -- and the bill. America spent countless lives and half a century fighting against this system of government. So why are we standing by passively as big corporations and banks take over our government and stick it to us now?

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Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)
 

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