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Corporatism: A System Of Control Designed By The Monopoly Men Of The Global Elite

Corporatism: A System Of Control Designed By The Monopoly Men Of The Global EliteThe Dow is at a record high and so are corporate profits - so why does it feel like most of the country is deeply suffering right now?  Real household income is the lowest that it has been in a decade, poverty is absolutely soaring, 47 million Americans are on food stamps and the middle class is being systematically destroyed.  How can big corporations be doing so well while most American families are having such a hard time?  Isn't their wealth supposed to "trickle down" to the rest of us?  Unfortunately, that is not how the real world works.  Today, most big corporations are trying to minimize the number of "expensive" American workers on their payrolls as much as they can.  If the big corporation that is employing you can figure out a way to replace you with a worker in China or with a robot, it will probably do it.  Corporations are in existence to maximize wealth for their shareholders, and most of the time the largest corporations are dominated by the monopoly men of the global elite.  Over the decades, the politicians that have their campaigns funded by these monopoly men have rigged the game so that the big corporations are able to easily dominate everything.  But this was never what those that founded this country intended.  America was supposed to be a place where the power of collectivist institutions would be greatly limited, and individuals and small businesses would be free to compete in a capitalist system that would reward anyone that had a good idea and that was willing to work hard.  But today, our economy is completely and totally dominated by a massively bloated federal government and by absolutely gigantic predator corporations that are greatly favored by our massively bloated federal government.  Our founders tried to warn us about the dangers of allowing government, banks and corporations to accumulate too much power, but we didn't listen.  Now they dominate everything, and the rest of us are fighting for table scraps.

In early America, most states had strict laws governing the size and scope of corporations.  Individuals and small businesses thrived in such an environment, and the United States experienced a period of explosive economic growth.  We showed the rest of the world that capitalism really works, and we eventually built the largest middle class that the world had ever seen.

But now we have replaced capitalism with something that I like to call "corporatism".  In many ways, it shares a lot of characteristics with communism, and that is why nations such as communist China have embraced it so readily.  Under "corporatism", monolithic predator corporations run around sucking up as much wealth and economic power as they possibly can.  Most individuals and small businesses cannot compete and end up getting absorbed by the corporations.  These mammoth collectivist institutions are in private hands rather than in government hands (as would be the case under a pure form of communism), but the results are pretty much the same either way.  A tiny elite at the top gets almost all of the economic rewards.

There are some out there that would suggest that the answer to our problems is to move more in the direction of "socialism", but to be honest that wouldn't be the solution to anything.  It would just change how the table scraps that the rest of us are getting are distributed.

If we truly wanted a return to prosperity, we need to dramatically shift the rules of the game so that they are tilted back in favor of individuals and small businesses.  A much more pure form of capitalism would mean more wealth, less poverty and a more equitable distribution of the economic rewards in this country.

But it will never happen.  Most of our politicians are married to the big corporations and the wealthy elitists that fund their campaigns.  And most Americans are so uneducated that they believe that what we actually have today is "capitalism" and that the only alternative is to go "to the left" toward socialism.

Very few people out there are suggesting that we need to greatly reduce the power of the federal government and greatly reduce the power of the big corporations, but that is exactly what we need to do.  We need to give individuals and small businesses room to breathe once again.

With each passing year, things get even worse.  In fact, the founder of Subway Restaurants recently said that the environment for small businesses is so toxic in America today that he never would have been able to start Subway if he had to do it today.

For much more on how small business is being strangled to death in the United States, please see my previous article entitled "We Are Witnessing The Death Of Small Business In America".

What I want to do now is to discuss some of the results that "corporatism" is producing in America.

First of all, we continue to see incomes go down even though we live in an inflationary economy.

As Time Magazine recently reported, personal incomes took a huge nosedive during the month of January...

Data released by the Commerce Department last week showed that personal income fell 3.6% in January, the biggest decline in 20 years. The drop was even bigger when taxes and inflation are taken into account. Real personal disposable income fell by 4%, the biggest monthly drop in half a century.

But this is part of a longer term trend.  Median household income in the U.S. has declined for four consecutive years, and it is now significantly lower than it was all the way back in 2001...

Real median US household income -- that's "real," as in "adjusted for inflation" -- was $50,054 in 2011, the most recent data available from the US Census Bureau. That's 8% lower than the 2007 peak of $54,489.

Meanwhile, big corporations are absolutely raking in the cash.  The following is from a recent New York Times article...

“So far in this recovery, corporations have captured an unusually high share of the income gains,” said Ethan Harris, co-head of global economics at Bank of America Merrill Lynch. “The U.S. corporate sector is in a lot better health than the overall economy. And until we get a full recovery in the labor market, this will persist.”

The result has been a golden age for corporate profits, especially among multinational giants that are also benefiting from faster growth in emerging economies like China and India.

Today, corporate profits as a percentage of U.S. GDP are at an all-time high, but wages as a percentage of U.S. GDP are near an all-time low.

Just check out the following chart.  Corporate profits have absolutely exploded over the past decade...

Corporate Profits After Tax

Meanwhile, wages as a percentage of GDP continue to fall rapidly...

Wages And Salaries As A Percentage Of GDP

Most of the jobs being created in America today are "low wage" jobs.  Tens of millions of Americans are working as hard as they can only to find that they can barely put food on the table and provide a roof over the heads of their children.  The ranks of the "working poor" are exploding and the middle class continues to shrink.

Many of you that are reading this article are members of the working poor.  You know what it is like to stare up at your ceiling at night wondering how you are going to pay the bills next month.

Today, most Americans are living very close to the edge financially.  A recent article by NBC News staff writer Allison Linn shared some of their stories.  The following is one example...

Crystal Dupont knows what it’s like to try to live on the federal minimum wage.

Dupont has no health insurance, so she hasn’t seen a doctor in two years. She’s behind on her car payments and has taken out pawn shop and payday loans to cover other monthly expenses. She eats beans and oatmeal when her food budget gets low.

When she got her tax refund recently, she used the money to get ahead on her light bill.

“I try to live within my means, but sometimes you just can’t,” said Dupont, 25. The Houston resident works 30 to 40 hours a week taking customer service calls, earning between $7.25 and $8 an hour. That came to about $15,000 last year.

It’s a wage she’s lived on for a while now, but just barely.

Sadly, the number of Americans that are "just barely" surviving continues to grow.

But if corporate profits are soaring to unprecedented heights, then who is getting all of those rewards?

The monopoly men of the global elite are.

Just check out the following video which does a great job of illustrating how corporatism has systematically funneled all of the economic rewards in our system to the very top...

Once again, I want to make it very clear that I am not advocating socialism as the answer in any way, shape or form.  Socialism takes away the incentive to create wealth and it almost always results in almost all of the economic rewards going to a very tiny elite anyway.

As I said earlier, what we need is a return to a much more pure form of capitalism, but this is so foreign to the way that most people think that most people will not be able to grasp this.

It certainly would be possible to greatly reduce the power of the federal government and greatly reduce the power of the big corporations at the same time, but this is so "outside the box" for most people that they cannot even conceive of doing such a thing.

We need to create an environment where individuals and small businesses can thrive once again.  But instead, most of us are content to continue "playing the game" and getting enslaved in even more debt.

For example, according to CNBC, auto loans just continue to get larger and continue to get stretched out for longer periods of time...

American car buyers, attracted by new models and cheap financing, are taking out bigger auto loans and stretching out the terms of those loans to a new record length.

New analysis from Experian Automotive shows the average new car loan in the fourth quarter of last year was $26,691 and stretched out over an average of 65 months. The length of the average loan is one month longer than the previous record set in the third quarter of last year.

What will they think of next?

Will we eventually have auto loans that get paid off over 10 years?

By the way, that is another way that the monopoly men of the global elite get all of our money.  They enslave us to debt, and we spend year after year of our lives slaving away to make them even wealthier.

They are very smart.  There is a reason why they have 32 TRILLION dollars stashed away in offshore tax havens.  They know how to play the game, and they are very happy that most of the rest of us are asleep.

Fortunately, it appears that an increasing number of Americans are waking up.

For example, I wanted to share with you all an excerpt from a comment that one of my readers left on one of my recent articles...

In the past year, I've been slowly but surely waking up to the nonsense happening around me. There's so many things I need to simply get off my chest, so excuse the length of this post. Recently in the past two years, I've gotten married and have been medically discharged from the Marines after being injured in Afghanistan. Being 23 years old and married, my goal is secure a secure a future for my family, but with the way things are going, I'm not exactly sure how much of a future we're going to have in 50 years. I can't explain it, but I've felt this need to change my attitude and motivations lately.

I started by turning off the garbage music, television and other mindless entertainment that seems to plague my generation. It was easier than it looked - I don't miss most of it really. The next order of business was to educate myself on world news, so that's what I did. Every day, like clockwork, I check all major mainstream news feeds (NBC, Fox, Abc, CNN, Reuters, BBC, etc.) as well as not-so-mainstream news sites - yours being one of them. It's incredible how fast our world changes and the manner in which it changes. The local 10 o'clock doesn't show anything but local news, sports, weather, lottery #'s and whatever else they decide to throw in. It's a night and day difference once you start to actually research and see what's happening all over the world. Look at the number of comments about a news story on the economy and then look at a celebrity story on the "news"....People are so blind, it truly amazes me. My friends, family and classmates at college seem to be under a spell of some sort. They're distracted - and it's contagious. Nobody I know gives a damn about global affairs/economics. They're more interested in the newest iPhone, cars, shows, movies, and just about anything else you can think of. I'm not saying there's anything wrong with these things, but my friends/family/peers are CONSUMED by these distractions. When the election was taking place in 2012, every Tom, Dick and Harry on Facebook had an opinion and rant. After the circus ended however, everyone simply went back to posting about parties, kittens, Farmville etc. It's a huge joke. For me, it's little terrifying and exciting to see history unfolding in front of our eyes. This country of ours is going through big changes now that will most certainly affect our future, so I strive to adapt and prepare myself and my family. I'm looking at buying my first home this summer. Right now I live in an apartment right outside Philly and spend more money on rent than most pay for a mortgage. I need a house with a little land to raise chickens, grow fruits/vegetables, store canned food - and to be as independent from the system as I can. For my job, I wanted a skill/trade that people would always need, so I picked the funeral business. On the side, I work in construction and have been learning everything there is to know about building with my own two hands. I feel as though these old forgotten skills are going to be handy in a short while.

Hopefully we can get a lot more people to wake up and start breaking out of "the matrix" of control that is all around us.

Right now, the system is designed to continually funnel more money and more power to the very top of the pyramid.  The global elite are becoming more dominant with each passing day.  Unless something dramatic happens, at some point the American people will become so powerless that they won't be able to do anything about it even if they wanted to.

The idea of a very tiny elite completely dominating all the rest of us goes against everything that America is supposed to stand for.  In the end, it will result in absolute tyranny if it is not stopped.

Who Runs The World - Solid Proof That A Core Group Of Wealthy Elitists Are Pulling The Strings

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  • moonbeam

    I am so sick of hearing how well the stock market is doing!!I am NOT!!!!!!!!

    • http://www.facebook.com/people/Abinico-Warez/100002657822528 Abinico Warez

      ditto.

    • Iceman

      I had three jobs in three and a half years! I didn`t quit or get fired from any of them but got told how sorry they are that they couldn`t keep me! My unemployment is $260.00 a week! One trip to the grocery store and half of that is gone! My wife works at a rotten job second shift. After working there for seven years, she makes $12.00 an hour! It seems as soon as she gets a very small raise for the whole year, her health insurance costs go up and kills off her raise! Our newest model car is an 1999 van, every thing else is much older. It is nice to not be a money hooker for the bank though. Thank-you Lord that we have paid off our mortgage or the chances would be very high that we would be as a family out in the street. I feel your pain!

  • Jagrick

    Well this morning the local Fox News had on the guy that talks about finance and partly because the market is doing so well he stated the economy is improving. That and housing sales up. Umm i think that people buying the houses are not the ones moving in them either. Smoke and Mirrors.

  • vae victis

    The system we have is the logical result of capitalism. You can say that this isn’t capitalism, but what is? A system oriented to the individual and small business is not a real system, but an idea. This is real capitalism, where the state is the manager of the common affairs of the ruling class, capital.

    • WarriorClass3

      No, that’s socialism. Corporations were not permitted in the early United States unless they could prove they were for the common good, and then they were closely monitored by the State. The early Americans were well aware of the wiles of corporations after having delt with the East India Trading Company. Rockefeller got that law changed by buying off government. What we have now is Corporatism, not capitolism. That was a large part of what the American Revolution was about.

    • Guest

      No, it is neither capitalism or socialism, it is fascism, aka corporatism. The two of you are the exact idiots the article describes. Socialism is a tool of fascism to create a wedge between the poor and the middle class. So, the latter of you morons is slightly better educated than the former. Try a dictionary before you post your drivel.

      • vae victis

        No, why don’t you try history before spewing your drivel. Corporatism is something totally different than our system in the US. It doesn’t mean any collusion between the state and capital, but centralization of capital in organizations called corporations by the state, where all private capital collaborates to form policy. Fascist corporations were almost like branches of government. These aren’t the same things as corporations as you know them. Corporatism is the system used by fascist states, not liberal democracies, which the US still is, contrary to certain beliefs. Socialism is a system in which capital doesn’t exist.

        People in the US are trapped in a political paradigm that strips them of their ability to articulate their true class interests. They believe that they must “empower” private interests in order to weaken the state, or “empower” the state to weaken capital. What they don’t realize is that in any society the state is a tool of the ruling class. No exceptions.

  • Paul

    Corporatism is truly disgusting. It makes me want to puke up the birthday cake I just ate.

  • cannuck21

    Excellent article. The main stream media appear focused on ‘disinformation’ while many / most working people, including the ‘middle class’ just about manage to get by. But for how much longer?? A silent prayer for all.

  • Steve

    They already have full control of us and our country. America is dead already, we just dont know it yet. And its way to late to be talking about fixing anything…

    • Jodi

      I agree, there is no turning back!

      • Greg

        Giving up are you. Why don’t you go ahead and throw yourself off the cliff…Or are you one of them…trying to brainwash everyone in to thinking there is nothing that can be done? Take a few with you on the way out!

        • smallergovnow

          Please share your plan / vision for the way out of this mess…

    • greg

      I disagree. It is NOT too late, you are just giving up! It’s called complacency and that is the very root of why the problem has been allowed to exist. It is the people’s fault. As my Father once said “the government is an extension of the people. if something is wrong in government it is because the people allowed it”

  • Ayn Rand

    THANK YOU MICHAEL!!!! I have always advocated the TRUE capitalist system. Purity and grace it is. It by far crushes the rest of the economic systems. The duopoly that is the corporation-big government team MUST END!

    • markthetruth

      Yea, Who’s going to End It !!!

      the end…

      • markthetruth

        The Jobs Claim Numbers Where a Lie Today, i was on the gov Site at 8:32 it read new Claims 373,000 and Increase 11,000 from the revised numbers of 362,000 up 18,000 from the 344,000.

        It then was replace by the numbers reported.

        They accidentally put out the real report.

        And remember it was a 4 day week the week before???

        the end…

    • Ralfine

      You wont even find purity in religions, even they preach it for thousands of years.

      If purity would exist, i’d always prefer pure communism:
      Absence of classes, states, governments, borders. Everybody gives according to his ability. everybody gets according to his needs.

      You want to prosper? Then work. Dont rely on others to work for you.
      You dont like things as they are? then make them better.

    • http://profile.yahoo.com/RIFONMZRDT3C4IAR7X6CMCDFOA Benny

      The problem is that Liberals will never agree to shrinking government. They don’t understand that the problem is big corporations AND big government. They want to blame it all on corporations.

      • Gay Veteran

        The problem is that Conservatives will never agree to shrinking corporations. They don’t understand that the problem is big corporations AND big government. They want to blame it all on government.

        • JustanOguy

          And liberals helped out How when they had full control of all three branches not too long ago?

          Both parties are to blame. Stop the nonsense of playing the blame the other party game. That’s exactly what the cronies in the two party system want.

          • Gay Veteran

            U obviously have never read any of my previous posts. I am quite aware that the 2 parties are 2 sides of the same coin.

  • hillbillyhustle

    I will never give up hope on our country! I believe that when the deceptions of the wealthiest come to light, we the people, will be in the streets protesting and making wiser choices with our voting powers. Most Americans have faith in this system and when the system “completely” fails we will make changes (some of those changes are happening now). I don’t suspect it will be pretty but I see a brighter future for all of us when it the fed, government and corporate elites are exposed. As long as the governments do not get regulation of the internet, we still have a chance!

    Don’t Let The Man Get You Down!!

    • greg scott

      Voting powers? You believe in that fantasy?

      Every year of my life(over 40 now) the government has gotten bigger, more abusive, corrupt and controlling regardless of which gang of thugs was “elected”. Voting is the way they keep you occupied while they pick your pockets and exploit you.

  • markthetruth

    By Perception the Quarterback Get the Money and Spotlight. But without the Lineman He’s Mince Meat.

    How can the average Joe 5’11″ beat a 7’0 in Basketball.

    Why do you think the Athletes are taking steroids, because everyone has to be unnaturally Bigger and Stronger.

    The New Quote now is “Is Bigger Better” Well if ????

    you want bigger Problems
    ——————– Bills
    ———————Debt
    ———————Headache
    ———————Health Problems

    Patents need to be Rewritten. Sorry to Say:

    I’m Glad Samsung is squashing Apple. With there stupid patents.

    the end…

  • markthetruth

    Anybody Else Notice, in there Commercials Their all Saving Us Money . But the more they save us the more Broke We Get.

    the end…

    • Ralfine

      Here is the trick.

      You can save money, if you buy in bulk. You can save even more, if you dont buy, or only buy as much as you need.

      You can also save by using things a very long time, regardless of fashion.

      With more money in your wallet you will be able to pay more (wages) for those things you really need. And less for disposal and landfill.

      I’m off now, helping the city council to plant a new forest. Walking there, too. Saving the bus money.

  • markthetruth

    No man is wise enough, nor good enough to be trusted with unlimited power.

    the end…

  • DiscouragedOne

    I think true capitalism works, crony capitalism does not work.

  • RICHARD

    You might as well say we live in china, It’s not as bad but it will be in the near future, especially after the biggest depression that I see coming hits.. Right now there talking about raising the min. wage, that’s not going to happen!! what they will do is lower the min. wage so the U.S.A. can be more competive with the rest of the world. Ever since the government gave big business the power to move their jobs out of the country the wages have gone down and so has everything else. Everyone is talking about us becoming a socialist country but to me this is a country that is being run by big business, can anyone tell me what’s that called

    • RICHARD

      Give up?? ( FASCISM )

      • Syrin

        Bah, you didn’t give me time to answer! But yeah, it’s fascism. Half of Obama’s cabinet were former Goldman-Sachs board members.

    • Makati1

      Actually, they might just raise the minimum wage and watch more small companies and stores go out of business. After all, who gains by those events? Big Business & government. Big business puts more people on the street and until then, the tax base goes up. Win/Win for them. Loser for the rest of us. They are trying to break the bank. They don’t have their wealth in paper money. They actually own things of value. They want serfs, not independent middle class owners.

      • Simply.Just.Saying

        U said it better than I did but your holding back something… Something valuable that has to do with knowledge about health & wisdom.

    • Ralfine

      China is increasing minimum wages. In China you dont need to buy guns and ammo, you can put that money into education and holidays.

      But if you form an occupy movement, just like in the US, it will be crushed by police.

      • http://www.facebook.com/people/Kevin-Boston/576132255 Kevin Boston

        That’s when we have to determine who our friends are.

    • Hambone

      While we may not live in China, I’d say there is a greater than zero percent chance that China is going to come to us. Michael had an article recently about the Chinese encroachment into the US, and I really believe it’s a precursor to bigger things — Chinese run factories, here in the US, that have a different set of labor standards than American-run factories.

      Like “reproductive rights” and the “war against assault rifles,” it will start small and eventually morph into something most of us would have rejected had we the foresight to see the end game. Today, it’s allowing 15-year olds to work, part-time. Tomorrow, it’s 10-year olds working 12-hour days, 7 days a week with no overtime.

      Still think that $0.98 plastic sand bucket was worth it?

    • kfilly

      Fascism!

    • Bad_Mr_Frosty

      In Fascism the government controls the corporations and the corporations control all means of production. I think “corporate Oligarchy” or “Plutocracy” would better describe our current situation.

      • BradInFL

        Considering the fact that the corporations own the politicians as well, I’d say that fascism fits the bill perfectly. The corporations are in the hands of private individuals, but these individuals own our government, so what’s the difference?

        Our best hope is to take back our government, and by that I mean starting over from scratch regarding who represents us. But since this would require immense measures (expelling all congressmen, senators, federal judges, and our president, and placing as much power as feasible back into the hands of the states), as well as requiring that a sufficient number of people wake up to the seriousness of our present crisis, I’m not too hopeful that the change we need will happen.

  • K

    Michael, the majority of people already are powerless. Why, because they believe they are powerless. Armored vehicles for use in America. Drones and drone strikes in America are legal. Where is the outrage? A man once said. You can take my life, but you can not take my freedom. He had it right. The only way they can take your freedom, is if you hand it to them.

    • greg scott

      The belief in authority is the chains that bind us.

      • K

        True, but also there are a lot of people in this Country, that are cowards They believe in nothing, they will fight for nothing, and there is nothing they would be willing to die for. This is how the Nazi’s took over Germany.And now it is happening here.

    • Obumma

      But most people already have

  • k1mbr0

    Thank you, Michael for these articles. I really enjoy being shown what lies behind the veil that has been pulled over our eyes from a clear and unbiased perspective.
    Your insight into the way things really are gives me even more motivation to help my fellow Americans in a time of need. God bless.

  • Syrin

    Free markets work. We haven’t had a free market in decades. No free market system would have 80,000+ PAGES of regulation and a Federal Reserve Bank

    • Ralfine

      Free markets belong in the same category as the paradise, heaven and communism.

      They are all very nice and perfect. But there is always someone not sticking to the unwritten rules.

      • greg scott

        You can’t have a free market when government is involved. Never works. Government is always co-opted and then used to give greedy people and companies advantages over their competitors.

        • Ralfine

          So, in a free market, there would be no sanctions against Cuba, Iran, North Korea?

          In a free market everybody would be able to choose where to operate their factories?

          In a free market everybody would be able to make anything and to trade with anything, there would be no illegal drugs, as anything and everybody would be tradeable?

          You’d be able to sell your grandmother if there’d be a market for it?

          • greg scott

            Yes. In a free market all the good people would suddenly do horribly destructive things, just because they could. Just like in a system based on force the bad people never use that force to hurt or control or exploit anyone.

            There is no utopia but when people are allowed to be creative in meeting the needs of a group of people living together all kinds of solutions are possible.

            In a free society there would be no state and no political rule so sanctions wouldn’t exist. Neither would slavery.

            If you are curious about what it could or might be like read the free book, “Practical Anarchy” by Stefan Molyneux. You will be surprised at the possibilities it suggests.

  • bobcat

    What we have now is corporate socialism. The big corporations are the government.

    • Ralfine

      Why you put socialism there? Because the MSM telk you you have to fear socialism and communism above all else?

      LOL

      It’s plain old capitalism what you see.

      And it is not new either. Even Lenin wrote about it. But he must be wrong, since MSM and government and corporations tell you so?

      • Jaxon

        actually the definition is very accurate. We have corporate and an over-arching, regulating and controlling govt in collusion with them. The vast majority of Bush and Obama’s appointed and unelected “Tsars” have been corporate heads or banksters.
        Please quit with the communist manifesto rhetoric. Every communist country that has ever existed has had an elitist ruling class over deeply endentured serfs. When the costs of maintaining the labor forces become too great- well whether it was Mao, Stalin or the National Socialists (nazis)- they always have the same solution–death to tens of millions.
        So quit with your utopoian dreams of some strange, twisted communist idealism-which never, ever, ever works in reality. None of us are buying the claptrap you’re selling.
        PS: a couple of observations also from reading your posts. Obviously your atheism and God-hatred seriously skews your political beliefs. Skews them enough that you would prefer a system that is PROVEN to always end in the systematic murder or starving of millions- to a true capitalism which might also allow for any freedom of belief or faith.
        Secondly, your comments also have huge contradictions in them. In one vein you are espousing classic Marxism of ” from each according t his means to each according to their needs”–then you also say things that indicate you think people should be able to reap the rewards of working harder. Which is it? A harder worker earns and keeps the fruit of his labours or does it all belong to the state and they allocate it equally to sluggard and workaholic alike?

        • Ralfine

          you see, there is no contradiction.
          When I help the community to plant trees, then I benefit from it as long as nobody will sell the timber for their own profit.

          In communism there wont be any states. Nobody to allocate recources and profits or wages.

          You want to eat? It’s all you can eat anyway. Oh wait – is that already communism? In the heart of America?

          Communism will be chosen by the people in a worldwide “revolution”, when capitalism prevents progress.

          The first stock exchange existed in the 14th century, but capitalism as an economic system didn’t win over feudalism until the 19th century.

        • Ralfine

          I am Jesus. It’s not god I hate. It’s the church, and her lies and deceptions to increase her wealth and power on the cost of the poor.

          It’s time the poor stand on their own feet, use their own hands and brains and change what they want changed.

          They are made in god’s image, the creator. So it’s time to use their creation skills instead of waiting for someone else to do everything for them.

  • Jackson

    Massive corporations have an absolute stranglehold on all political and economic affairs in America. We apparently have the right to vote, but it it limited to people that are practically chosen by corporations by there funding for us to vote for. I’m tired of how detached people are from the actual affairs that face us a nation. If we really want to make a difference we need to act, however, I’m not really sure how much it will help.

    • greg scott

      Right to vote is worthless. Voting is a con used to keep us believing we have a say in what our rulers do to us, which we don’t. The two parties play us against each other while they both rob us blind.
      Only difference is how much they want to steal (few percent difference) and where they spend the loot. Either way we lose.

  • great perplexity

    To realize the truth of a situation is a first step. To withdraw from it when the certainty of its outcome is known is isolation. What then is the answer to solving the crushing truth we face? That is the question that I ask myself over and over. I don’t need any more facts or analysis to understand. I see it every day in ordinary people who struggle. What can I do to help someone in need when I have nothing to give?

  • Ralfine

    The interesting thing is, that this was foreseen over a hundred years ago and that those guys were declared enemies of the people by the capitalists.

    And there is still the fear of socialism and communism, even by those who promote charity.

    Open Source does not work. Why? Because people will download more programs than they actually need and more than they contribute.

    Right?

    • DiscouragedOne

      When did you get to be god and say open source does not work? I know many who would completely disagree with you.

      • Ralfine

        Open source uses the communist principle. And everybody will tell you that communism cannot work because man is evil.

    • Bad_Mr_Frosty

      Um, your comparing computer programs to food, fuel and medical care.

      • Ralfine

        That’s incidental.

        I see people who spend time and effort to improve things without getting paid by those who benefit.

  • http://www.facebook.com/roger.stamper.965 Roger Stamper

    i am glad most of them wake up

  • Simply.Just.Saying

    But then again, we sit here like sitting ducks waiting for the worst to come? This country did build the biggest middle class ever but then again some would spend some wouldn’t. This who couldn’t we’re at fault for dragging the middle class. Not saying in a rude way but something between those lines say that we didn’t work together like back then in ww2… Remember the “We can do it!” Slogan? The one with a women flexing her biceps with a red bandana over her head. The rich taunted the middle by showing off. I noticed by working as a security guy that we, Americans, are just too materialistic. No bueno…

  • WarriorClass3

    As long as there is a government to be bought off, to grant exclusive privleges to those with money (concessions), there will never be pure capitalism. It is government that makes these evils possible.

    • JustanOguy

      EXACTLY!

  • http://twitter.com/mijj mijj

    > Isn’t their wealth supposed to “trickle down” to the rest of us?

    this idea of wealth “trickle down” is a most puzzling phrase.

    It gives the impression that the source of wealth is the elite. And, by their graciousness, they bestow a portion of their created wealth upon us less worthy folks. Presumably, the ultimate source of wealth in this mythology is God Almighty who bestows greatest wealth upon the most righteous.

    In reality, though .. it’s the people who actually physically create and manufacture who create wealth. Before wealth can trickle down, it has to be taken from those who create it.

    Well before any trickle down that may or may not happen on a whim, there is a “torrenting up” of wealth.

  • Jodi

    What an excellent comment above from one of your readers. He is totally, one hundred percent right. I even noticed people who strongly disagree with our government & the current president still don’t get it. People are consumed by electronics, music, movies & celebs. For me, I’m the only person in my family who woke up along time ago. I’ve tried endlessly to wake my friends & family up but it backfired. People just don’t want to hear it. All I have left is to help myself & my immediate family to prepare for the worst. For the rest, well…I’ll just say “I told you so”. And that is all I can do.

  • http://www.facebook.com/joe.kleinkamp Joe Kleinkamp

    Corporations have the advantage over small business not only in their lobbying ability.

    They can afford legal departments to ensure compliance with the thousands of regulations.

    They have accounting departments to minimize or eliminate tax liability.

    They can afford national ad campaigns such as 30 second million dollar spots during the superbowl or olympics.

    They have the economies of scale working in their favor as they buy in huge quantities directly from the producers.

    The little independent can’t compete with the franchised, well funded, represented, advertised, politically connected and monopolistic corporations.

    • nygrump

      They can afford international mercenaries to expedite wetwork

    • JustanOguy

      And they can afford to crush any small businesses that are a threat to their business with frivolous litigation…

      Or just buy them out..

  • harry ash

    u target th wives n kids of th wealthy..u block their sanitation…u fix their communication..bypass th security..its easy…justa little thought my friends…u dont hurt them…u deprive them…judges, bankers police thugs, army seniors…educate th children of th fascists n they will turn th worm

    • Ralfine

      Once, the Greens did something interesting. They blocked the sewer lines going into the river.

      They took a boat, went to the sewer pipes, put in balls and pumped them up.

  • ItIsWellWithMySoul

    Awesome blog!!!!!

  • chris

    Mussolini defined fascism as really corporatism. I think you are mostly right Michael in your articles but the deception is far larger than most people imagine i think.

  • http://www.facebook.com/people/Bill-Goode/541544002 Bill Goode

    Well, Michael, I notice you did not post my earlier comment, no discussion about why. I would suggest the question “Does the fact it was not posted say more about you or about me?” I am not aware of any of my comments ever being rejected by an author of an article or an editor of a news website. There was no profanity; just some mild disagreement. I suppose you will not post this comment either.

  • Bob

    Way beyond the point of no return…

  • http://www.facebook.com/people/David-McElroy/100001281755133 David McElroy

    As Mussolini said, “Corporatism is Fascism”! It is a matter of using law and policy to put all loss and liability upon the working class with “Socialism”, yet concentrate profit and privilige in the hands of a few “Capitalists” like Gates, Buffet, Rothschild and Rockefeller in collectivist blend some call the “Third Way”. A lot of smoke and mirrors are employed to keep the non-elite masses subdued with illusions of “Hope & Change” while they get enslaved in deeper and deeper levels of impoverished tyranny.

  • Hambone

    Seriously… where on earth is Gary? Michael just gift wrapped this one for his pre-packaged mantra, and he’s suddenly nowhere to be found.

  • Wally

    “From bondage to spiritual faith;
    From spiritual faith to great courage;
    From courage to liberty;
    From liberty to abundance;
    From abundance to complacency;
    From complacency to apathy;
    From apathy to dependence;
    From dependence back into bondage.”
    - Alexander Tytler?

    We are at the end of the Democratic cycle. Bondage has already begun. Just take a look at the endless regulations that control our lives. This is a post constitutional America. Freedom of Speech is dead at least for conservative thinkers and even some liberals, even Bob Woodward says he received threats from the white house. If Obama has his way the second amendment will soon be history. Thomas Jefferson and the founders believed the following – “A government big enough to give you anything you want, is strong enough to take everything you have.”

    The problem is the apathy and dependence have blinded most of the population. When the SHTF they will have no clue what is happening.

    Please prepare now as time is running out. Don’t let the Dow fool you, don’t let the media play you for a fool. Educate yourself. Wake up. The takeover of America is almost complete. The elitists plan is almost done.

  • Washington76

    Michael, Another great topic and article, Thanks’

    CORPORATE FASCISM: The Destruction of America’s Middle Class
    http://www.youtube.com/watch?v=hTbvoiTJKIs&feature=related

  • piccadillybabe

    People in America worship money and the people who have it. We have placed so much value on stuff. Most people are just not happy with a nice inexpensive new car. They have to have all the bells and whistles and it has to be expensive. It’s important that the brand name be emblazened on the item so all who see it see that you have “arrived” and are one of the “successful” people walking this planet, not a working stiff. How shallow to have your personal worth measured by how much money you make or your socioeconomic status. In essence, Americans have created/enabled this plutocracy of fascism in this country by the very nature of our value system and our blind worship of wealth. The late Steve Jobs was a prime example. His followers (and he did have a following) waited anxiously in anticipation until he unveiled his latest electronic device like it was the holy grail. Of course, his devices always commanded top dollar as he off shored his factories and made enormous profits off the backs of Chinese workers. As Americans, we still can make a difference and give back just by changing our value and belief system. We have to start seeing wealth for what it is, down-right evil. We need to start valuing character, integrity and honesty as the most important principles by which we judge our fellow man and not how deep the pockets are.

  • greg scott

    Corporations are creatures of government who use the government to stifle their competition. Just like government corporation shouldn’t exist.

  • Greg

    “It must be the will of God! Nothing happens without his approval! ” See what I mean? I am actually embarrassed to be human.

  • Washington76

    “I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.” Thomas Jefferson

  • A.S.

    It is impossible to change the system. Michael already said why:

    “But it will never happen. Most of our politicians are married to the big corporations and the wealthy elitists that fund their campaigns. ”

    Why will Congress start voting honestly and make a law that will limit their own power and that of the corporations and banks, if it will lower their own salaries, bonuses, bribes, etc.? The keywords are “fund their campaigns.” If they get in for another term, then they can continue doing things like insider trading, which is legal for them.

    If no one sees this point, then you are stupid! There is no more hope anymore…even if you fire all of them, a new 535 will take their place, hungry for limitless profits and backing by the same evil corporations. There really is no more hope other than making another American revolution!

  • http://www.facebook.com/people/Abinico-Warez/100002657822528 Abinico Warez

    Call it what it is: capitalism. Why are you inventing new terms? And tell people to google topics like Marxism, communism, socialism, etc.

    • JustanOguy

      It’s Crony Capitalism which is certainly not a new term. Look it up..

  • Carl

    Corporatism IS Capitalism, they are the same thing.
    If you desire to make a proper distinction, then it would be between the economic system of Free/Private Enterprise, which built the nation, as opposed to Capitalism, or as it should rightly be called, Corporate Mercantilism.

    So, when you say: “In early America, most states had strict laws governing the size and scope of corporations. Individuals and small businesses thrived in such an environment, and the United States experienced a period of explosive economic growth.” You’re speaking of the Free/Private Enterprise System where Capitalist endeavors were relegated to Bankster Financing, Stock Exchanges and Corporate industrial production.

  • Bad_Mr_Frosty

    You forgot about all the riots and wars this “reset” will trigger. In the long run, yes, things will be better, but first rivers of blood must flow.

  • John

    The status quo is unsustainable. It will collapse.

  • 2Gary2

    tax the rich and spread the wealth

  • 2Gary2

    “If you’re caught with an ounce of cocaine, the chances are good you’re
    gonna go to jail. If it happens repeatedly, you may go to jail for the
    rest of your life,” Warren said. “But evidently if you launder nearly a
    billion dollars for drug cartels and violate our international
    sanctions, your company pays a fine and you go home and sleep in your
    bed at night — every single individual associated with this. And I
    think that’s fundamentally wrong.” …….Senator Warren.

    .

  • 2Gary2

    Michael–more socialism is the answer. Capitalism will ALWAYS turn into corporatism, ALWAYS. It is an inherent flaw in capitalism

    • Ralfine

      To fight monopolies you need more competition. Locally, regionally, globally.

      In the end you have capitalism everywhere.

      And when capitalism chokes the economy, it will be replaced by communism.

      Lets say in 500 years?

  • shogun_01

    the bankers are too smart – we literally pay them until the day we die, until we pay back every cent to the bank. what a good scheme

  • Sardius

    To all that came to America from the former soviet countries:

    Remember reading about Bolsheviks murdering, torturing, deporting and lording it in our countries?

    Remember learning from our elder family members and friends about all of that?
    Remember how enraged we were? And still are?
    Well, brothers and sisters, those same Bolsheviks are here, planning to do the same again, to us and our families and friends.
    Payback time?

  • JW

    The idea that the power of the Federal Government can just disappear is most likely untrue. Roll it back and numerous factions will come forth reestablish it.

    Most discussion of the economy refuses to face two facts. Those speaking always choose one or the other of these two.

    1. The economy relies on the factors of production, labor and capital, to produce. These are the only ones entitled to the product whatever else may be.

    2. The economy exists to provide for the livelihood of the people. It is the buttress for happy, stable lives. Being a factor of production is not a relevant issue.

    The first is most likely to attract the right. The second attracts the left. Then they simply argue against one another–and fight.

    Unfortunately, both issues must be addressed. For this a government that governs for the general welfare is necessary. Such a government is not likely to be democratic for it must find a system that answers successfully both the points above and most importantly insist that the population act in accord with that system whatever their personal preference.

    That is a tall order.

  • Colin

    The middle class is a relatively new concept in the history of the human species. (The phrase first appeared in 1745, and its definition was finalized in 1913.) For thousands of years, there have been two classes of people: the poor and the rich. This began to changed with the rise of the mercantile class who began to fill a niche between the poor and the rich. Over the centuries, this class came to include laborers. If we do lose the middle class, humans will be returning to how things were like in the past.

    Our nation was dominated by corporations in the late 19th century. The socialist reforms (progressive reforms) were an attempt to restore balance to society. With socialism in decline, and no replacement in sight, there seems little that the common people can do to restore balance.

  • Tosheba

    Once again women receive a free pass.

  • frank1569

    ‘Pure capitalism’ is solely supported by over-consumption.

    The real problem is that, for the first time in our history, the vast majority – even us working poor folk – have more than enough food, shelter, clothing and stuff. We’re fat/obese, both physically and materialistically. How many cars can you own? How many iPhones, and sofas, and appliances, and etc?

    Here’s an example: in the early 2000s, US TV sales all but died because the average American already had at least two, and they lasted 10-15 years (mine’s 19 years old and still going strong.) In other words, we hit the limit of TV set over-consumption.

    Since it’s unconstitutional for our government to force us to buy goods from corporations, they instead declared analog ‘illegal’ by 2009, thereby forcing us to by new ‘digital’ TVs.

    Now, the reason a tiny elite controls most of the wealth is because only a tiny percentage of humans are so greedy as to be declared mentally ill. Like all ‘crazy’ people, those suffering from Severe Greedism cannot control themselves. So it’s up to us to control them.

    Sure, we’re all greedy to some extent. But we’re able to control it for the greater good. See: cops, teachers, nurses, virtually our entire military, etc.

    Although Socialism as we know it may not be the answer, an evolved form may be. Let’s call it NFL Socialism – salary caps, revenue sharing, universal health care, and strict rules and penalties for violators.

    Remember, ‘pure capitalism’ is dog-eat-dog, everyone fighting each other for a piece of the same pie. And dogs that enjoy eating other dogs do not care about the fate of other dogs, or the planet said dogs live on. They only care about eating as many dogs as possible, the consequences be damned.

  • JustanOguy

    Wow… Excellent Article Michael! Good job on this one…

  • JustanOguy

    Something you don’t mention is how much money the Big Corporations are paying Lobbyists to influence the lawmakers in Washington D.C. and State Governments.

    I’ve got a couple of buddies from college that now work for Law Firms as Lobbyists representing corporations and special interest groups… pretty disgusting system.

    Crony Capitalism at it’s finest..

  • Texar

    There is a way to non violent revolution. Collectively, we could corner the market on silver. This would collapse Chase and cause a chain reaction collapse. Then WE would be holding real money when the $ collapses. Buy silver!

  • Forgali Furniture Canada

    Hey, great list !

    For furniture lovers – just saw Ante Furniture and Lighting opening another
    store

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