The Root of Capitalism

Here how capitalism begins.

PRIVATE HIRING: A private person with money hires a person without money for the lowest possible wage in order make as much profit as possible for the person who already has money. The core axiom repeated over the decades by thousands of private employers, created a small very rich and politically powerful elite group of employers6 while it produced millions and millions of employees who remain relatively poor with no wealth or power. The employers’ imperative to get employees at the lowest possible wage lead to the closing of productive jobs in the US and the outsourcing of those jobs and production to Mexico, then to China, and then to India. We did not vote or choose to stop being producers. We do not choose or vote to become a nation of consumers… We did not vote or choose to create global warming. The dynamics of capitalism make the choice for us, and for our employers. The profits of the capitalist employers give them means to make campaign contributions to our elected officials and to lobby them so as effectively to control them. The meager wages of employees gave us at most the right to vote which capitalist money and power then trumps. Democrats are especially guilty of lying to us when they repeatedly promise to protect the “the little guy” and give him health care and then invariably vote as the drug and insurance companies demand.

This private hiring twists into:

MONOPOLY: Competition among capitalist-employers inevitably leads to the elimination of small employers, to price fixing, and to a monopoly of a few large firms, with capacity to produce more than they can sell at a profit. Henry Ford recognized this characteristic in the 1920s when he unilaterally raised the wages of his employees so that they could buy his Fords. Almost all other employers pay us employees such low wages that we cannot afford to buy what we have produced. We would lose our jobs and economic depression would result if nothing was done Capitalism thus needs public money to provide the necessary purchasing power to consume the products of capitalism. We never voted that our economy based on private hiring and competition should change into monopoly.

Monopoly then swirls to:

AN ALLIANCE BETWEEN GOVERNMENT AND CAPITALIST EMPLOYERS: Capitalism badly needs our tax money to keep going. Our Government becomes a critical component of capitalism and to an ever increasing degree, capitalism and capitalist employers control the government. We employees have less and less voting power to get what we need from our government because of the increasing power of employers’ money over our elected officials. Capitalist employers get more and more of what they want such as tax relief for the wealthy and cutting social spending for us so as to make more and more of us desperate to work for ever lower wages. We never voted for this alliance.

This moves into:

IMPERIALISM: When profit making opportunities dwindle at home, capitalists, using the Government, the CIA and the Military go abroad to seek new profit opportunities, new resources, additional customers, and employees willing to work for lower wages. Capitalism at home tends to move inevitably toward capitalism abroad: an American Empire, Imperialism and sometimes War. We have never voted to send or protect capitalism in other countries.

At the same time capitalism destroys our planet home by

USING UP OIL AND RESOURCES, POLLUTION, AND GLOBAL WARMING: In its relentless search for profit, capitalist employers devour oil, minerals, timber, soil, and water, and dangerously pollute the earth and atmosphere. Good places to live, and to fish and to hunt are ruined. Al Gore fails to recognize that the dynamics of capitalism compel capitalist employers to seek profit as their sole motive lest they perish in the competition with other employers. We have never voted to plunder the planet.

Voracious capitalism moves yet again to:

FINANCIALIZATION: The capitalist elite, finding too few profit making opportunities making things that humans need began increasing investment in speculation by buying, selling, and spinning off existing companies to produce the short term profit upon which the survival of capitalism depends. Capitalism, in this phase thus produces nothing new: no jobs, no food, no medical care, and no highways. It produces nothing except more profit and more political power for capitalists. We never voted for this innovation of capitalism.

Capitalists use this money and political power to create:

CORPORATE STATE CAPITALISM: Capitalism mutates so as to merge corporate power with state power so that we now have corporate state capitalism whose powers are exercised solely to create socialism for the global elite at the expense and starvation of the rest of us. As we now see from the bailouts, the elite causes the government to print massive amounts of paper money to rescue the businesses of the elite. It does nothing for us except to impose the burden of taxation and inflation on us employees. We suffer the loss of our jobs, houses and things we need cost more and more, due to uncontrolled inflation. We live in a constant state fear. We are approaching what Wolin calls “totalitarianism posing as democracy.” We certainly have never voted for this.

During all of this, in order to control our thoughts, Capitalists have been creating:

THE PROPAGANDA ARM OF THE CORPORATE CAPITALIST STATE: The power elite control the main sources of information that we citizens and voters need wisely to govern ourselves. They will tell us nothing about the features of capitalism that destroy both our planet and our democracy. The capitalist elite own and control all the major print and electronic media, public relations and advertising agencies. The mainstream media is owned by those who profit from things as they are, and provide uncritical support of war, imperialism, and all activities that contribute to keeping things as they are. This includes the NYT, Washington Post, PBS and NPR as well as TV and radio. The media have the power to inflame, to manipulate, to fail to cover, to deny and to ridicule. The capitalist elite thus impose the ideas, ideology and taboos that benefit the elite upon us. Through research grants and endowments, corporate capitalism controls universities and college professors and what they research and teach. It controls reporters and journalists. It controls even what we citizens think about. We thus get no information analyzing capitalism and its effects on us. We never voted that the media should have this power. The market economy at this stage makes us employees powerless, frustrated, restless, angry, and unhappy. Lacking the truth about the causes of our plight, some of us employees turn toward racism, bigotry, jingoism, evil enemies and other false solutions. There is a risk that we employees would act negatively toward the capitalist elite.

To preserve its power and privilege the Capitalist Elite moves toward:

CONTROL OF ELECTIONS, DECLARATION OF MARTIAL LAW, and FASCISM WITH A FRIENDLY FEMININE FACE: The power elite entertain and divert us with a non-serious circus-like election process. The government and the capitalist elite can then ignore the plunder of our planet home, ignore our lack of jobs, ignore our hunger, ignore our illnesses, and ignore our needy old ages. We employees are in effect placed into wage slavery if we have any jobs at all. If we riot, we are placed in detention camps. If we starve nobody in control cares. If we march and protest at political conventions, we are arrested as terrorists.

Original article written as Cross Examining Capitalism in Dissident Voice.