There is a concept that has been floating around for a while now called Manufacturing Consent. It was put forward by Noam Chomski and Edward Herman. I think the idea has merit in some regards but I have some doubts in general.
Yes I think the mass media is consensual part of the propaganda machine of the left. On the other hand, when they report on what the right is saying, and when the right report on the left, it interrupts the propaganda. It works if you can pick apart the other sides arguments, but it's much harder for he left to pull apart the arguments made on the right, although the not the party line republicans. There is no doubt that their intent is to push the agenda of one side or the other. They lie constantly to create the illusion that their chosen agenda is what everyone should want.
What I really see happening is the manufacturing of conflict between the left and right. I think the reason is fairly simple, if we're fighting with each other we're not looking at the manipulations of the power elite. Hence the growing divide between right and left. The left has for a long time viewed capitalism with incredulity. In the last 30 years, I think a lot of that incredulity is the result of being told we live in a capitalist system, when in fact, since 1913 (or earlier) we've lived in a Crony Capitalist system - entirely NOT the same thing.
Many of the wars that we get involved in make no sense and I believe we are led into them by the same people who use crony capitalism, who seek to destroy the free market, who seek the new world order. I suspect move of the people in mass media don't even know their helping the cause that's destroying them. This manufactured conflict is I think, it's non an uncommon occurrence. We see it in Race baiters like Al Sharpton, Jesse Jackson, Eric Holder, and Barack Obama, men who try to turn every occurrence of black and white interaction into a racial conflict. We see it in journalist and government support for terrorist, Hamas in Palestine, and Al-Queda in Syria and Lebanon. I think it even happens on F*ceB00k - huh, yeah I got the idea from reading a an article link from Maggie's Farm concerning "Likes"
Progressives going for the Nanny State, Republicans going for the Corporate State, both supporting wars that amount to colonial aggression under the guise of spreading democracy. Democracy is Mob Rule - why do so many people think that's a good thing? Look at the riots in Ferguson if you think Mob Rule is a good thing - there's your mob. It's were all mobs go eventually. Without a culture that promotes morals based on a sound philosophy, you end up with situational ethics, which is an oxymoron if I've ever heard one - right up there with Corporate Ethics.
When they start telling you to hate someone for what they say or believe - it's time to start looking to your own beliefs - do they stand up to logic, are they formed from a first level philosophy? If you look at the base of the Libertarian philosophy - despite all the differences, the basics are pretty much the same:
Individuals own them selves and the production of their efforts.
Coercion is immoral.
Individuals have the right to own property.
Self Defense is a Duty to self and third parties where Coercion is used.
Some would simplify and say, The Non-Agression Principle, and Property Ownership, and I'm okay with that because they lead to self defense, and one can assume self ownership.
If you can't get to where they say everyone should be, from that starting place - or what ever starting place you decided is true, then maybe you should examine their agenda before you join the revolution.
Showing posts with label Crony Capitalism. Show all posts
Showing posts with label Crony Capitalism. Show all posts
Sunday, August 24, 2014
Thursday, August 14, 2014
Crony Capitalism
Possibly, the biggest oversight of our founding fathers was, to not include an article in the constitution regarding the separation of economy and state. I'm still digging to see if perhaps they didn't actually make a conscious decision to leave the possibility of government interference in the free market.
When I was studying Economics in college, I took a course on government regulation. My conclusion was that, as a company you wanted regulation - yeah I know, that sounds really wrong. Keep in mind, that regulators, until fairly recently, didn't bother with little industries, there wasn't really enough voter noise for congress to create new regulatory agencies, and regulations. Mostly it affects large industries. Here's how it works.
In the early stages of regulation you have a government sanctioned monopoly of some domain. You are essentially guaranteed a return on investment, more than likely there is government funds to help you build the business. The second stage comes from the hiring of the individuals who used to regulate your business or, at minimum putting them on the board of directors. You now have your Washington insider, who has a serious financial incentive to get additional concessions from the 'new' regulator. Eventually congress get's involved, usually because of a change in technology, or a perceived change in the competitive nature of the regulated industry. Now the regulated corporation sends in the lobbyist, who write bills to favor the company, or industry. They raise funds for re-election, and in return the bills are passed. New regulators are appointed, old regulators are given very high paying jobs and put on the board of more companies. Eventually a previous regulator will split off, and via thecampaign finance donations bribery paid, they will be appointed to regulation again, where they with their new insight in to what the company needs, adjust the regulations, selectively enforce, or ignore regulations depending on financial gain to their now future employer.
Sometimes, the push to regulation comes from unions, early on, those regulations were primarily to prevent unscrupulous business operators from forcing workers into unsafe work environments. That for the most part (not entirely) ended back in the seventies.
In the end, the government who was trying to control the business is in fact, owned by the business. As long as they avoid any monstrously huge public impropriety the politicians will work with them and help them fleece theconsumer voter.
AT&T benefited hugely from it's government sanctioned monopoly - the euphemistic deregulation phase, on the surface seemed like a good thing, what it in fact did was create new regulatory conditions on multiple smaller organizations. Additional opportunities for jobs for regulators, lobbyists, and additional complex regulation that would allow the companies to avoid competition, due partly to the onerous barriers to entry crated by the wall of bureaucratic red tape.
Regulation is used as a giant club which is used to beat potential entrants into the marketplace, thus stifling competition. The large corporation, a million, or even 100 million dollar legal budget is an asset. It erects barriers that smaller more efficient, more competitive companies can not scale.
Thus crony capitalism is born.
The last thing a crony capitalist really wants is an elimination of government interference. There are few if any crony capitalists amongst small business. That generally only happens if a congress critter leaves office and returns home to start said business, or go to work with a friend and long time supporter.
If you want to see this in operation, take a look at the number of ex regulators working at Monsanto, or Verizon, or AT&T, or .....
When I was studying Economics in college, I took a course on government regulation. My conclusion was that, as a company you wanted regulation - yeah I know, that sounds really wrong. Keep in mind, that regulators, until fairly recently, didn't bother with little industries, there wasn't really enough voter noise for congress to create new regulatory agencies, and regulations. Mostly it affects large industries. Here's how it works.
In the early stages of regulation you have a government sanctioned monopoly of some domain. You are essentially guaranteed a return on investment, more than likely there is government funds to help you build the business. The second stage comes from the hiring of the individuals who used to regulate your business or, at minimum putting them on the board of directors. You now have your Washington insider, who has a serious financial incentive to get additional concessions from the 'new' regulator. Eventually congress get's involved, usually because of a change in technology, or a perceived change in the competitive nature of the regulated industry. Now the regulated corporation sends in the lobbyist, who write bills to favor the company, or industry. They raise funds for re-election, and in return the bills are passed. New regulators are appointed, old regulators are given very high paying jobs and put on the board of more companies. Eventually a previous regulator will split off, and via the
Sometimes, the push to regulation comes from unions, early on, those regulations were primarily to prevent unscrupulous business operators from forcing workers into unsafe work environments. That for the most part (not entirely) ended back in the seventies.
In the end, the government who was trying to control the business is in fact, owned by the business. As long as they avoid any monstrously huge public impropriety the politicians will work with them and help them fleece the
AT&T benefited hugely from it's government sanctioned monopoly - the euphemistic deregulation phase, on the surface seemed like a good thing, what it in fact did was create new regulatory conditions on multiple smaller organizations. Additional opportunities for jobs for regulators, lobbyists, and additional complex regulation that would allow the companies to avoid competition, due partly to the onerous barriers to entry crated by the wall of bureaucratic red tape.
Regulation is used as a giant club which is used to beat potential entrants into the marketplace, thus stifling competition. The large corporation, a million, or even 100 million dollar legal budget is an asset. It erects barriers that smaller more efficient, more competitive companies can not scale.
Thus crony capitalism is born.
The last thing a crony capitalist really wants is an elimination of government interference. There are few if any crony capitalists amongst small business. That generally only happens if a congress critter leaves office and returns home to start said business, or go to work with a friend and long time supporter.
If you want to see this in operation, take a look at the number of ex regulators working at Monsanto, or Verizon, or AT&T, or .....
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