The financial and economic system personified by the institutions of the USA and the networked world no longer has foundations in the antiquated economic system referred to as “Capitalism”.
It is FAR past time to stop referring to that system as “Capitalist”. At every upper level, it most accurately must be said to function as a Plutocratic Cartel.
In every phase, . . . production, finance, government, global planning, etc., the levers are pushed and proceeds allotted for the primary benefit of a tiny sliver of publicly unaccountable plutocrats and their highly vetted employees, both inside and outside of government. There is no legitimate counter-argument to this observation.
The legislative systems personified by the institutions of the USA and the networked world no longer have foundations in the antiquated political system referred to as “Democratic”.
It is FAR past time to stop referring to that system as a republic, much less as a “Democracy”. At every upper level, it most accurately must be said to function as a “fraud-ocracy”, or some might say “tyranny”.
Even actively participating populations have almost no input into the decision making process of their supposed representatives because the representatives are most accurately described as vetted employees of the plutocrats who have pushed them forward for election, bankrolled their “election campaigns”, and guaranteed their subsequent employment in the “private economy” upon their retirement after good service to the ruling class.
We all know this.
Well . . . those with sufficient neurons and the fortitude to actually get over their shock and reluctance, shake off their brainwashing, and recognize the system as it really exists, know this.
So, I ask one thing . . .
Please stop referring to this system as “capitalism”, and to the plutocratic owners as “capitalists”.
I suggest that what we now endure is “cancer capitalism”, designed for the absolute benefit of “cancer capitalists”.
The current system has all of the downside of cancer in a human body. It has metastasized into a festering and deadly tumor whose continued growth threatens to kill the host organism, our “civilized” human society, bringing down every level of organization above subsistence level village life.
Happy Saint Patrick’s Day.