Dylan Ratigan’s ‘The Cost of Corporate Communism‘ has appeared all over the net recently. He hosts MSNBC’s ‘Morning Meeting’ and uses ‘corporate communism’ to ‘describe the ruling-elite corporate/financial EMPIRE that has taken over our country’ as an OPEdNews diary puts it.
The massive spike in unemployment, the utter destruction of retirement wealth, the collapse in the value of our homes, the worst recession since the Great Depression have all resulted directly from the abdication of proper government.
Even with all that — the only changes that have been made, have been made to prop up and hide the massive flaws on behalf of those who perpetuated them. Still utterly nothing has been done to disclose the flaws in this system, improve it or rebuild it
What we have now isn’t communism, as the State does not own the means of production.
Nor do they even control it. The control is firmly in private hands, and a tiny few control way too much, and effectively dictate to DC what to do. That’s certainly been true with the bailouts and banks.
I’d say it’s more like a theftocracy or a kleptocracy.
Zero Hedge, which is mostly libertarians, posted his article, and I commented
Interesting isn’t it, that James McMurtry, a populist socialist, and John Rich, who is sharply right wing, are doing songs about the same subject. Unemployment and pain for many caused by plundering done by a few.
“We Can’t Make It Here” – James McMurtry.
“They’re Shutting Detroit Down” – John Rich.
I should also point out, isn’t it telling that Ron Paul, a libertarian, and Bernie Sanders, a socialist, are the two leading the bill to Audit the Fed?
We’re starting to see something new in US politics, the beginnings of the breakdown of the left-right divide and a realization that just maybe we have issues on which we agree. The financial crisis is one of them. It’s not about left vs. right but rather the elites vs. everyone else. This is something that many, regardless of where they are on the political spectrum, are starting to agree about.
It’s called populism. And it’s on the upsurge. More than anything else, this scares the elites.