Regular readers should have a firm grasp on the concept of Corporatism. The uninitiated might presume that a corporation is merely a vehicle for protecting the owners of the enterprise from the liability risks of conducting business. Much attention has been devoted to economic conditions and aspects when examining the corporate structure. But modest effort is found in business journals that discuss the social consequences of consolidating the entire hierarchy of political favoritism, access to capital and protection from competition that is at the heart of the corporatist model.
Corporatism as Theory and Practice offers a historic perspective
Corporatism and corporations are not yet the same subject. The key word is “yet.” If there is a relationship, it is historical. Very briefly, corporations — legally privileged from birth, pampered by courts, subsidized by Congress, with a social “in” with the most important state personnel — were likely, as ideal engines for accumulating capital, to produce unbalanced economic outcomes, mass discontent, and political unrest.
Combine those engines with inherited dysfunctional institutions such as fractional-reserve banking, eminent domain, primitive military accumulation, governmental distribution of resources, a venal party system, and a mighty executive, and you have a recipe for crisis. American elites recognized the danger fairly early. By trial and error they put together “corporate syndicalism” , “political capitalism” , corporatism , or “interest-group liberalism” . It remained to be seen who (business or state?) would dominate the partnership.
Out of such a context the 21st century version of corporatism maintains little effort to satisfy mass discontent of the populace, because the will to achieve an independent livelihood has been stamped out so wholly by the merged state/corporate system. Viewing this alliance as a partnership vying for dominance is a false outlook. In this new millennium, the globalist economy is under total control by a financial dictate that makes laws, writes regulations, enforces compliance, bankrupts companies not in the club, subsidizes crony ventures, and imposes access to capital as a reward for playing ball.This is not Capitalism, it is demented Corporatocracy.
Corporatism 101 is not taught in school or even debated in the mass media.It all starts with a required understanding that the Corporatocracy economy is inherently destructive to individual liberty. If people are unable to learn this fact, life on earth will sink into oblivion.
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