The System: Inching Toward Corporate Fascism for a Hundred Years or More

america the corporatocracy

Sheldon Wolin and Inverted Totalitarianism

Chris Hedges  Nov 02, 2015

Sheldon Wolin, our most important contemporary political theorist, died Oct. 21 at the age of 93. In his books “Democracy Incorporated: Managed Democracy and the Specter of Inverted Totalitarianism” and “Politics and Vision,” a massive survey of Western political thought that his former student Cornel West calls “magisterial,” Wolin lays bare the realities of our bankrupt democracy, the causes behind the decline of American empire and the rise of a new and terrifying configuration of corporate power he calls “inverted totalitarianism.” …

…Inverted totalitarianism is different from classical forms of totalitarianism. It does not find its expression in a demagogue or charismatic leader but in the faceless anonymity of the corporate state. Our inverted totalitarianism pays outward fealty to the facade of electoral politics, the Constitution, civil liberties, freedom of the press, the independence of the judiciary, and the iconography, traditions and language of American patriotism, but it has effectively seized all of the mechanisms of power to render the citizen impotent.

“Unlike the Nazis, who made life uncertain for the wealthy and privileged while providing social programs for the working class and poor, inverted totalitarianism exploits the poor, reducing or weakening health programs and social services, regimenting mass education for an insecure workforce threatened by the importation of low-wage workers,” Wolin writes. “Employment in a high-tech, volatile, and globalized economy is normally as precarious as during an old-fashioned depression. The result is that citizenship, or what remains of it, is practiced amidst a continuing state of worry. Hobbes had it right: when citizens are insecure and at the same time driven by competitive aspirations, they yearn for political stability rather than civic engagement, protection rather than political involvement.”

Inverted totalitarianism, Wolin said when we met at his home in Salem, Ore., in 2014 to film a nearly three-hour interview, constantly “projects power upwards.” It is “the antithesis of constitutional power.” It is designed to create instability to keep a citizenry off balance and passive.

Read More… https://www.truthdig.com/articles/sheldon-wolin-and-inverted-totalitarianism/

Witnessing the End of Financialization and Globalization

america the corporatocracy

We Are All Hostages of Corporate Profits

Charles Hugh Smith July 06, 2018

We’re in the endgame of financialization and globalization, and it won’t be pretty for all the hostages of corporate profits.

Though you won’t read about it in the mainstream corporate media, the nation is now hostage to outsized corporate profits.

The economy and society at large are now totally dependent on soaring corporate profits and the speculative bubbles they fuel, and this renders us all hostages: “Make a move to limit corporate profits or speculative bubbles, and your pension fund gets a bullet in the head.”

Not just pension funds, of course; tax revenues will also be taken out and shotas most of the state and federal income taxes are paid by high-earners and those skimming capital gains from stock options and stock-based compensation packages.

Political and financial authorities have caved in to the implicit threat, lest their share of the corporate swag be tossed in the ditch. To appease public anger, various bureaucratic thickets have been created, but as you can easily see, corporate profits have not been affected.

The global downturn resulting from China’s tightening of credit in 2016 caused a remarkably under-reported panic in central banks, which pulled out all the stops to keep corporate profits high.

Subsidies, tax breaks and exclusions keep the profits flowing not just to corporate managers and owners but politicos, lobbyists and the entire food chain that serves the top of the wealth-power pyramid in America….

Read More: http://charleshughsmith.blogspot.com/2018/07/we-are-all-hostages-of-corporate-profits.html

The answer to the question: “Who are They?” Corporations, Government, NGOs, Foundations and the Rich Men That Control Them All

These two old researcher guys go over the question of, “Who are they?” when it comes to criminal conspiracies involving government, corporations and wealthy individuals and their NGO organizations and foundations.

Powers & Principalities: Episode 39

Download: https://www.podomatic.com/podcasts/tkelly6785757/episodes/2018-02-17T03_36_21-08_00

The Corporatocracy, by Robert Gore | STRAIGHT LINE LOGIC

The interests of Washington and large corporations have merged so completely they are now inseparable.

America’s large corporations and its government have merged. Or was it an acquisition? If the latter, who acquired whom? Unfortunately, the labels affixed to purely corporate combinations lose their analytical usefulness here. While the two retain their own distinct legal structures and managements, so to speak, such a close community of interest has evolved that it’s no longer possible to separate them or delineate their individual contours. Political labels are no help; the ones most often used have become hopelessly imprecise. The Wikipedia definition of “fascism” is over 8,000 words, with 43 notes and 16 references.

However, the conjoined blob is so big, rapacious, and intrusive that akin to Justice Potter Stewart’s famous non-definition of obscenity, everybody knows it when they see or otherwise come into contact with it. This article will use the term “corporatocracy.” It’s less letters, dashes, and words to type than “the corporate-government-combination.” No serviceable understanding of either US history or current events is possible without close study of the corporatocracy. Unfortunately, such study, like entomology or cleaning septic tanks, requires a stout constitution. But take heart, entomologists grow to love their creepy crawly things, and septic tank cleaners say that after a few minutes you don’t even notice the smell.

Read More: straightlinelogic.com/2017/04/28/the-corporatocracy-by-robert-gore/