Corporate TakeOver(1): Health Care

Sunlight Oxygen
9
188 views
  • About
  • Export
  • Add to
A Vote for Romney ...

is a vote to complete the takeover of America by big corporations. Take the story of health care in America.

When I want to step back and want to get a broad view of what’s going on in the world of capitalism, I have the luxury of talking with Robert A.G. Monks. Bob Monks is a shareholder activist, author and committed captialist. I asked him how the practical effects of the strange notion of corporate personhood has affected how we govern ourselves.

Summarizing Mr. Monks assessment:

1 — The corporate perspective dominates political considerations.
2 — American health care is the world’s most expensive and much less effective than health care in other developed countries, which have single-payer systems.
3 — Given the clout of interested corporations, such a single-payer system cannot even be realistically discussed in America today.
3 — By acknowledging the current reality, President Obama achieved what Presidents Clinton, Johnson, Truman and Roosevelt could not.
4 — In order even to address our health care challenges, large businesses in the field had to be effectively bribed.
5 — The American political agenda is being framed almost exclusively by corporate interests.

Some who run big corporations and are among the 1% are not afflicted with purblind self-interest. Bob Monks, who is certainly among the 1%, has argued regularly and persuasively that corporate power and its abuses are destroying capitalism and along with our collective well-being. He also argues that profits are an insufficient metric for human well-being. Though rare, he is blessedly not alone.

In the old days, individuals and businesses would occasionally bride a Senator or a Congressman or a government official to get special considerations. In a bizarre reversal, we now have the routine oddity of the government bribing big corporations in order to try to serve the public interest. This opens the door a rich new variety of crony capitalism, one definition of which is:

"... a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of dirigisme."

Unfortunately this definition also includes the archaic notion that the flow of influence and power is from politics to business. That flow is now firmly reversed, thanks corporate personhood and the political power of seriously big bucks.

So, if you’re a fan of crony capitalism, if you trust Exxon, Goldman Sachs, KBR, Monsanto, the U.S. Chamber of Commerce and their crony kin to look after you and your community, Mitt Romney and the Republicans is your kind of band. Go ahead, help complete the Corporate TakeOver.

Overwhelming evidence suggests that your trust is misplaced and heartily abused.

1 comment

...and Larry Fink, the mightiest man of all corporations...Black Rock Inc.!!!
By Siri 335 September

More videos from Sunlight Oxygen

Charles Darwin and the SunMine