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Capitalism's Bottom-up Lie

By   Follow Me on Twitter     Message Rob Kall     Permalink

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From flickr.com/photos/58570552@N04/5372659512/: The Evil Tooth Fairy
The Evil Tooth Fairy
(Image by patrikpaprika)
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There's a huge lie built into the core of capitalism.

it goes like this:
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The Market Decides.
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Libertarians and free market capitalists, like Milton Friedman and his acolytes, believe that "the market decides"
The idea is that the market will determine whether something has value... or not. At face value, this is a very bottom-up idea. The problem is that this core theory-- that literally, policies can be decided based on what the market decides-- that this is the purest way to run an economy-- is based on lies and delusions.
The truth is there is no un-influenced, pure market. Every market is bought, manipulated and corrupted. The idea of a free market should be deposited into the dustbin of history where the idea that kings are chosen by god has long been rotting.
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Milton Friedman, in his efforts to create free markets, became a diabolical monster, using force and theft to steal resources and national assets held by the commons, giving them to corporations. Naomi Klein writes about this, describing disaster capitalism in her classic book, Shock Doctrine.
Yet there are still many ideologues-- really they are naive economic adolescents-- who still embrace this childish fantasy, often along with it, the narcissist message of Ayn Rand, which, in my opinion, is not even adolescent.
The fact is, people who use the free market argument are really arguing for the big corporations and billionaires-- those who benefit from the reality that there is no free market, only a market already corrupted and skewed in the favor of moneyed and powerful interests.
When someone actually proposes the free market in a conversation, there's not much more to do than laugh at the idea. An appropriate reply would be "is it an economy mediated by leprechauns, Green Dragons or winged faieries?" And while youre at it, think of evil versions of Leprechauns and faeries.
Not this kind of Leprechaun
From flickr.com/photos/64669745@N00/4497188614/: The Leprechaun
The Leprechaun
(Image by St├ęphane Moussie)
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More like this kind:
From youtube.com/watch?v=AI-5wN9nxK0: Evil leprechaun
Evil leprechaun
(Image by YouTube)
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Rob Kall is an award winning journalist, inventor, software architect, connector and visionary. His work and his writing have been featured in the New York Times, the Wall Street Journal, CNN, ABC, the HuffingtonPost, Success, Discover and other media. He's given talks and workshops to Fortune 500 execs and national medical and psychological organizations, and pioneered first-of-their-kind conferences in Positive Psychology, Brain Science and Story. He hosts some of the world's smartest, most interesting and powerful people on his Bottom Up Radio Show, and founded and publishes one of the top Google- ranked progressive news and opinion sites, OpEdNews.com

more detailed bio: 

Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind.  Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives  one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big)  to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project. 

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