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Ben
10-07-2010, 05:53 AM
CORPORATE-FRIENDLY "JOURNALISM"

Wednesday, October 6, 2010
by Jim Hightower

It can be amusing to read the business section of newspapers, because corporate coverage tends to be carefully couched in phrases that either obfuscate what's really going on, or are outright Orwellian.
For example, a recent New York Times article on rising airline fares and fees did a rhetorical tiptoe around the core issue. The fact is that practically all airlines have jacked up the price of flying – and in unison! In the real world, there's a word for this: collusion. But the Times put a positive glow on the phenomenon, attributing the industry-wide increases to "a remarkable discipline shown by the airlines."
Remarkable indeed! And how have the high-flying giants been able to achieve such discipline? By deliberately shrinking competition – both through mergers that establish fewer and bigger giants and by agreeing to cut the number of flights that each one offers. No competition, no choice. Take it or leave it.
This is monopolization in action. But that's such an unpleasant word (not to mention an illegal act), so the Times chose to go with a benign, industry-approved euphemism: consolidation. You might expect journalists to question what clearly appears to be rank profiteering through the deliberate shrinkage of consumer choice. Instead, the article approvingly quotes a Wall Street analyst praising the airlines for showing "voluntary capacity discipline." How Orwellian!
And what about that blitzkrieg of fees currently pelting consumers and artificially goosing airline profits? Dare it be called what it is: gouging? Not by the Times, which gently notes that the monopolists are being "increasingly creative" in assessing fees, though it does conceed that the benefit for passengers is "opaque."
What's really opaque is the journalistic value of such corporate-friendly obfuscation.

Ben
10-07-2010, 06:01 AM
And Ron Paul critiquing corporatism....
Politicians, whether they be Dems or Republicans, are not so-called conservative or Liberal. They are merely corporatists.
Remember the basis of conservatism is rooted in classical liberalism that stressed morality and traditional values.

YouTube - Ron Paul: Corporatism - not free markets (http://www.youtube.com/watch?v=ticytEUvVhQ&p=EAACD52101F14F79&playnext=1&index=11)

Ben
10-07-2010, 06:02 AM
YouTube - Ralph Nader on Corporate Power (http://www.youtube.com/watch?v=HAC5zR89Fks)

Ben
10-07-2010, 06:07 AM
YouTube - Corporatism and Medicare (http://www.youtube.com/watch?v=b6Bh-qvn8ts)

PomonaCA
10-07-2010, 08:00 AM
This calls for nanny-state intervention! We must call on the government to seize yet MORE private property.

yodajazz
10-08-2010, 05:50 AM
This calls for nanny-state intervention! We must call on the government to seize yet MORE private property.

Preventing businesses from participating in the illegal practice of price fixing, is a completely different animal from the government seizing private property. A real free market, depends on competition. One entity can gain an unfair advantage by becoming a monopoly, and thus there is no free market. The government's job is to protect the public good. Would it be good for the public if the oil companies were able to charge $20 a gallon, irrespective of the costs?

Looks like PomonaCA is a corporatist. His argument is not logical here. In fact I would state the opposite is in fact true. More private properties are taking over the government! Here's an example: When I was in the Army, one duty was to drive trucks, wherever they were needed. I would say we were making much less than 30 grand a year. Now in Iraq, private contractors were paid the equivalent of say $300,000 a year. Yet people argue that private business is alway more efficient than government. Also that three hundred grand truck driver, had a separate private adminstrator, and who knows how much they made?

Back when Eisenhower, warned about the military-industrial complex, industry, was at least producing jobs. I think today it would be called the military-corporate complex. What he said is truer now than when he said it in 1960. Look at the statistics on the distrubution of total wealth, as just one indicator.
http://www.hungangels.com/vboard/showthread.php?t=50331

Ben
10-09-2010, 05:35 PM
This calls for nanny-state intervention! We must call on the government to seize yet MORE private property.

I thought capitalism was about competition.
We have a state-capitalist system. (I mean, the financial system actually approximated free markets and look where that got us.
And, too, remember that the state creates markets. Without the state, well, there aren't any markets.
And how did radio and TV and computers and the Internet get off the ground? Through public money. The POPULATION or taxpayers shouldered the risks and the costs and then it was handed over to the private sector.)
And, too, corporations are essentially private governments and, well, uh... I get tired of explicating this -- ha!ha!
And capitalism is antithetical to democracy. Capitalism is about investing money to make money. It's not about the care and concern for other people. I mean, well, if a woman down the street doesn't have health insurance, well, who cares. I'm what's called a rational wealth maximizer. I'm only concerned about myself. And not anyone else. That position is very rational. Scary. But rational.
And in a so-called market economy we vote with our dollars. But there are people who don't participate: future generations. But, again, one's goal is to maximize short-term gain... and forget about everyone else.
Scary stuff. (Most Americans want to control their own labor. Most Americans want to be in a Union. Most Americans are social democratic. That's most.)
And this is crucial: in a meaningful democratic society the government and the people are IDENTICAL. Scorning the government is really scorning oneself and other Americans. Again, government is the people.
Now, regrettably, the state has been usurped by corporations. So, well, when one says they hate/loathe/despise the state, well, it's been taken over by corporations. Again, people say: I hate government. But that is simply saying: I hate corporations. Because corporations control the government. Should I go on? ha!ha!ha!

hippifried
10-09-2010, 08:35 PM
I thought capitalism was about competition.
Not necessarily. Capitalism is the pooling of resources to finance projects for profit. That's why I call it privatized socialism with a narrow scope. The capitalist doesn't care if they're financing monopolies or not. That's a consumer worry. There's always a free market, even if it's forced underground, regardless of what "financial systems" are officially accepted. Using the power of government to keep the free market free is a product of democracy. Monopolies are anathema to a free market. That's why we have laws to break them up & allow competition.