The American Corporatocracy

In an article published by Russia Today, Ron Paul states that the United States is “slipping into fascism”:

Republican presidential candidate Ron Paul slammed America’s system of governance at a rally in Kansas City, saying businesses and government are pushing the country into twenty-first century fascism.

But before you start picturing fair-skinned, blue-eyed CEOs and bureaucrats running amok and with their right arms held high, calm down. What the outspoken Texas Republican meant was fascist corporatism – an economic model most prominently seen in Mussolini’s Italy of the 1920s to the 1940s. Fascist economic corporatism involved government and private management of full sectors of the economy – which Paul says is par for the course in today’s America.

“We’ve slipped away from a true republic,” Paul told thousands of his supporters at the rally. “Now we’re slipping into a fascist system where it’s a combination of government, big business and authoritarian rule, and the suppression of the individual rights of each and every American citizen.”

His words, which a few years ago might have been dismissed by most, rang loud and clear in Kansas. Paul’s rally coincided with long-established Missouri and Kansas GOP events – from which many attendees actually slipped away to hear Paul deliver his speech. Drawn out and bled dry by ongoing and expensive overseas military campaigns, Americans are more and more receptive to a foreign policy of peace, which is what Paul promises to deliver.

The presidential hopeful echoed words already once delivered to the American people – by their president. Dwight Eisenhower said, in his farewell address to the nation, “In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.”

The disastrous rise, it seems, has happened. In 2009 alone, the United States was responsible for almost half of the world’s total military spending – 46 per cent, or 712 billion US dollars. Since then, the figures have only grown, to the point that American military spending now exceeds that of China, Russia, Japan, India, and the rest of NATO combined. The US has more than 700 military bases in 130 countries around the world.

But, one might ask, can’t the American government – which oversees the world’s highest gross domestic product – afford some extra military spending?

The simple answer is: no.

The wealthiest nation also happens to have the biggest national debt in world history. With the dollar acting as a global reserve currency, the Federal Reserve leaving the printing press running around the clock, and manufacturing and production being outsourced to cheap foreign labor markets, the US economy looks more like a Ponzi scheme. And as former president George W. Bush told his Argentine counterpart Nestor Kirchner, “The best way to revitalize the economy is war, and the US has grown stronger with war.”

But Americans are tired of war – and are tired of waiting for the magical day when war will magically revive the economy. Which is why Ron Paul may have found the perfect note to strike with voters as he continues to fight in the Republican primaries.

Lets examine Ron Paul’s claims point-by-point:

Big government

According to the U.S. National Debt Clock our nation’s total liability per taxpayer is $1,039,057. That’s right, over one million dollars per taxpaying individual. Our national debt accrues an annual interest of $11,971 per citizen. Our national debt is nearly 15.4 trillion dollars and our unfunded liabilities are 117.7 trillion. RT is not exaggerating when they state that we have the “biggest national debt in world history.”

Big business

Thanks to our out-of-control inflating government instead of a true free market we have government-enabled corporatism. The result is this:

Note how in nearly twenty years the bottom 50% of families have experienced no growth, the next 50-75% has experienced minimal growth and. all the way at the top, the top 10% has experienced tremendous growth. Not convinced?

The bottom 80% (aka, the vast majority of Americans) owns only 7% of America’s financial wealth while the top 1% owns nearly half of all financial wealth in America. This is a trend that has continued for decades as the few elite on the top continue to consolidate more and more of the wealth. Liberals may be tempted to take a socialist approach by increasing taxes on the rich for redistribution of wealth but this only serves to fatten government even more – which means that ultimately that money will be funneled right back to serving the rich’s interests. Instead we must minimize government in order to starve corporatism.

Authoritarian rule

The recent HHS mandate provides a clear example, in which the executive branch has forced companies to provide a product (contraception) free of charge to anyone. The mandate doesn’t even meet any need even remotely requiring federal intervention since, according to Obama’s own administration 99% of women in the United States have used birth control. No issue of accessibility here; this is nothing more than abusing government powers in order to enable cost shirking. Not to mention the violations to religious freedom posed by the mandate.

Suppression of individual rights

One must look no further than the NDAA which authorizes the executive branch to label as a terrorist and then detain anyone, including American citizens, indefinitely and without a trial. President Obama has promised never to use this power against Americans (a promise with no legal value) but with the Enemy Expatriation Act in the works that promise may be irrelevant is the EEA allows for the stripping away of citizenry of anyone deemed a threat to the state. Then, of course, there are the repeated attempts at censorship of the internet from Kill Switch, to SOPA and PIPA, to a new bill yet to be disclosed brought forward by the same people who failed to limit your rights of free speech with the aforementioned bills.

Indeed, even from the few examples listed it would seem that, more and more, our precious home has been commandeered by keynesian economics, consolidation of wealth and property, and tyrannical usurpation of power by the government. It is up to the individual citizens to stand up and be counted and demand a return to the principles of our Constitution and Jeffersonian democracy while we still live in a “Land of the Free” or this trend will never be reversed


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