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#163267 - 11/23/09 12:58 AM Understanding Root Causes
moonflower Offline
Pooh-Bah

Registered: 01/17/03
Posts: 2026
Loc: South of the Thumb, MI, USA
I orginally came across this article by freelance writer, Charles Sullivan back in January, 2006. Today while clearing out old papers from my desk I came across it again. It pretty much sums things up about capitalism and how the system works against the average citizen. Not only in America but all over the globe.

What was written here by Charles Sullivan back in Jan. of 2006 regarding the economy inevitably collapsing of its own excess and waste has come to pass. It was long in coming but that collapse came after the last 8 years of Bush and Chaney and their corporate cronies greedily raping the economy. The weight of the excess and greed just became way too heavy.

This article written back in 2006 orginally had a subtitle and read: "Understanding Root Causese - It's capitalism, stupid!" But I guess that offended some people so they omitted that subtitle at OpEdNews where the article first appeared and is still in the archives.

It's well worth the read. Daf, I think you especially will like this article. tongue


Understanding Root Causes
By Charles Sullivan (about the author) Page 1 of 2 page(s) For OpEdNews: Charles Sullivan - Writer



Imagine, if you will, that you are fielding a baseball team. You are a player on a team that possesses immense talent. Your opponent has never lost a game. The opposition is undefeated not because its players are superior to your own, but because it makes the rules of the game to assure its own victory. It wins because your team has to play by a fixed set of rules that it does not. Although you have an excellent pitcher on the mound, the strike zone is microscopic and in constant flux. Your opponent's pitcher, however, enjoys a huge strike zone. Your opponent also owns all of the umpires officiating the contest. Who but a fool would play such a game with the expectation of competing, much less winning? The outcome of that game, no matter how well your team performs, has already been determined. To participate in such a charade is an exercise in futility.

Those of us who demand a better America find ourselves the unwitting participants in just such a game. We are in good faith trying to operate in a system that is inherently unjust. Corporate lobbyists have overrun the capitol, as well as every branch of government, including the judiciary. Corporations lord immense power over both people and process, when they should be servants to the people. Legislation is sold to the highest bidder. Workers, comprising some ninety percent of the populace, have no representation or protection against the industry predators that exploits them. We are bound by rules that our rulers are not. We cannot possibly compete in this system; much less create democratic freedoms and equality. The system operates on monetary capital, not moral capital. The system does not deserve our loyalty or our participation. The time has come to create a new game with a level playing field. Working people are weary of serving 'The Man.'

Justice cannot be served without the full participation of the people in the process, and at every level.

Thinking that we can reform a system of economics and politics that is rotten to the core only serves the interest of wealth and power. Reform can do no more than maintain the status quo; it will assure the continuation of the present system in which power and influence is concentrated in the hands of a few, at the expense of the many.

Let us finally have the courage to acknowledge that the root cause of virtually everything that ails America can trace its origins to capitalism in its various incarnations. We have built our political and economic institutions upon a rotten foundation. The system cannot long stand. Under capitalism, the large majority will always be subservient to the small minority. To call this form of plutocratic despotism a democracy is an insult to our intelligence. How can any nation declare itself free when the great majority of its people are wage slaves to plutocrats and corporations? When they are cannon fodder for its powerful military?

If ever we are to have a chance at becoming a free and democratic society, rather than the permanent war economy we have become, capitalism must go. Working class people must come to see capitalism as the enemy it is. The way to democracy lies in putting the means of production into the hands of the workers themselves. But first the economy must be pried lose from the fingers of the plutocrats and the corporatists who claim to own it.

Political freedom can only occur through economic emancipation. Not only can the present economy not long endure - it must inevitably collapse of its own excess and waste. Meanwhile, we must organize the work place with an old revolutionary unionism that was in vogue more than a hundred years ago. It was revolutionary unionism that gave us the weekend, paid vacation, and the eight hour work day by prying them from the hands of the capitalists.

Loyalty to a system that is inherently unjust cannot provide justice to the masses. This will only assure the unbroken continuation of the unjust outcomes that are injurious to the great majority of the people. America is dying from the cancer of capitalism. The malignancy cannot be cured by giving her a few aspirins. Radical treatment is the only hope for her survival. The alternative is the certain death of hope for the vast majority of the people. Hope lies in the smoldering rubble of empire.

Working people must be more than the property of their employers. We must be more than machines to be exploited by those with wealth and power. Workers must emancipate themselves from the system of power and corruption that enslaves them and smothers their dreams for social and economic justice. The way to that freedom is through the economy - industrial freedom.

The machinery that produces wealth for the small minority through the enslavement of the great majority came into being with public funds. For example, huge tracts of land were given to the railroads at the behest of corporate lawyers - an advantage not enjoyed by people of average means. Never mind that this land was stolen from the Indians. However, capitalism allows the private ownership of the economic engines that drive the country. It fosters the concentration of wealth at the top by exploiting everyone below the top. That which was created with public funds belongs to the public, not to those with the capital to buy control through the courts and congress. Power to the people means that those who produce should enjoy fully the fruits of their labor, not merely a small percentage of it. This is assuredly the most just and expeditious means of self emancipation from industrial slavery.

Through the deliberate perversion of language, with the aid of the commercial media and its lackeys, truth has been distorted almost beyond recognition. We the people must wake up from our stupor and understand how and why we are in the present predicament. Let us speak plain and clear truth to power whose meaning cannot be mistaken: Power to the people!

It is the pervasion of language that enables those who plunder the earth, which enslave the work force; and buy legislation from the law makers that legalizes criminality, to be called patriots or super patriots; while those who defend the earth from corporate marauders; who uphold and defend the Constitution and the Bill of Rights, are labeled unpatriotic or terrorists. We cannot allow this perversion of language to stand. Its sole purpose betrays our just cause and serves those with wealth and power, by betraying the core values that govern the behavior of the rest of us.

George Bush and his minions are not an aberration. They are the natural and expected fruit of capitalism run amok. Capitalists believe in plutocratic and corporate rule, the concentration of wealth and power. They are the product of a system of economic inequality and privilege that exploits the huge majority of the population and subjugates them into wage slavery as 'at will' employees. It preys upon the just - those who play by the rules. The quagmire in Iraq, and the one to come in Iran, and in hundreds of other places, is the result of the social and economic injustice fostered by capitalism. Treating the symptoms will not effect a cure. Only addressing root causes can do that.

By engaging in party politics, the practice of pitting conservative against liberal, liberal against conservative, we are playing into the hands of the status quo. I have been all too guilty of this practice myself. It is an easy trap to fall into. By so doing we are unwittingly creating a diversion, a smoke screen, for the empire builders and power brokers to continue to play the game safely out of public view, assuring the same results, regardless of which party is in power.

To illustrate this point, consider that the difference between George Bush and John Kerry in the last presidential election was more a matter of semantics than of substance. Both men are the product of wealth and privilege; neither of them represents the great majority of the people, the working class. Neither do their cohorts in Congress, an increasing number of which are millionaires. The appearance of choice is only an illusion, designed to deceive and to paralyze. By such means the system - capitalism - wins and the people lose by being the unwittingly servants of empire. The ruling class remains in power and the working class remain their obedient servants. We must stop working against ourselves. We have enough to do to overcome the real enemy.

As incredible as it may seem, the average liberal and the average conservative have more in common with one another, than they have in common with their respective political parties and their champions. The great majority of conservatives and liberals are victims of a system that not only does not serve them - it exploits them. Thus when conservatives take to heart the rhetoric of the vitriolic Rush Limbaugh, a wealthy white man, a product of the system; a member of the ruling class - they are in fact working against their own self interest. They are allowing themselves to be exploited and played for fools, while thieves make off with everything they own. Who benefits? Limbaugh and the ruling class who are using the system for their own ends - that is who benefits. Ordinary people of average means would be wise not to set foot into that trap because it does not serve their cause. We are spending too much time and energy fighting one another, rather than the real enemy, the system itself - capitalism.

History bears me out on my assertion that capitalism has never served the interest of ordinary working people. It never will. The sooner we understand this fact, the better.


Charles Sullivan is a furniture maker, photographer, and free lance writer residing in the eastern panhandle of West Virginia. He welcomes your comments at earthdog@highstream.net


Edited by moonflower (11/23/09 01:13 AM)
_________________________
We cannot heal another person as healing comes from within. We can stimulate the radiance of others by being a light ourselves. - unknown author

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#163286 - 11/30/09 01:49 PM Re: Understanding Root Causes [Re: moonflower]
Piscesdreamer Offline
Pooh-Bah

Registered: 10/09/00
Posts: 1730
Dear Moonflower,

You sure must be missing Greg so I thought I'd respond. smile

Amazingly, despite all we've seen, there are still too few who have progressed to see the evidence that we need more socialism not less. "Antisocials?" shrug They'll come around eventually, huh? One way or another!

My guess is Greg would still be saying we don't have to throw out the whole capitalism baby with the bath water. Just give it a bath. Socialize all that is necessary to provide for the commons and there would be room for a WELL-REGULATED market. That would allow for people who want to be self-employed. IMHO a system with caps on personal and corporate wealth could do the trick. Never been done as far as I know.

We could start by getting rid of all the silly law books and starting over.

Love,
_________________________
Piscesdreamer

"... We are stardust,
We are golden,
And we've got to get ourselves
Back to the garden..."


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#163290 - 12/03/09 10:46 PM Re: Understanding Root Causes [Re: Piscesdreamer]
moonflower Offline
Pooh-Bah

Registered: 01/17/03
Posts: 2026
Loc: South of the Thumb, MI, USA
Hi Sweet PD wave huggers

I do miss Greg. Would love to hear his input about all of this. However, I think you summed up pretty good what he would have said about giving Capitalism a bath. wink

In the archives somewhere there is a post by Greg about Capitalism. If I recall correctly I think it was in a reply to being accused of being a flaming liberal socialist, pinko commie. winky It was one of the best posts about Capitalism that I ever read. Wish I had time to find that and post it here. If anyone else should come up with it please post it on this thread. If I find it I will post it.

I agree with you about the need to clean up capitalism. What we are seeing today is capitalism run amok and de-regulation is the evil culprit that caused the greed and exploitation by corporations that we are not only seeing - but paying for big time today. The economy is in the mess it is in because for years corporations have been allowed the reign and corporations pretty much run the show in Wash. D.C. now. We could stop that by stopping lobbying. Lobbying is an evil itself because always those with the most money can buy the legislation they want. There is nothing in our laws or the U.S. Constitution that allows for Lobbying. It needs to end IMHO.

Take care, PD. So nice to be on the boards here talking with you again.

Connie lovebutterfly
_________________________
We cannot heal another person as healing comes from within. We can stimulate the radiance of others by being a light ourselves. - unknown author

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#163296 - 12/12/09 02:44 AM Re: Understanding Root Causes [Re: moonflower]
moonflower Offline
Pooh-Bah

Registered: 01/17/03
Posts: 2026
Loc: South of the Thumb, MI, USA
PD!! You're not only a genius but maybe a bit psychic as well wink

You said
Quote:
Amazingly, despite all we've seen, there are still too few who have progressed to see the evidence that we need more socialism not less.

Socialize all that is necessary to provide for the commons and there would be room for a WELL-REGULATED market. That would allow for people who want to be self-employed. IMHO a system with caps on personal and corporate wealth could do the trick. Never been done as far as I know.


Maybe it hasn't been done as yet but it seems there is an effort in the works. Bless Barney Franks socialist little heart. hee hee Check this article out: It was in todays breaking news. And let's remember it is the corporate run media and the capitalist exploiters that tell us that socialism is a bad thing. Total socialism may be a bad thing but a little socialism, or regulating those who rape our economy out of greed, is not a bad thing at all. It is much needed as captialism has run amok and all but destroyed our economy.

Major Makeover Of Wall Street Regs Passes House
Legislation Designed To Address Shortfalls That Led To Last Year's Meltdown
JIM KUHNHENN, Associated Press Writer

POSTED: Friday, December 11, 2009
UPDATED: 6:45 pm EST December 11, 2009



WASHINGTON -- The House passed the most ambitious restructuring of federal financial regulations since the New Deal on Friday, aiming to head off any replay of last year's Wall Street failures that plunged the nation deep into recession.
The sprawling legislation would give the government new powers to break up companies that threaten the economy, create a new agency to oversee consumer banking transactions and shine a light into shadow financial markets that have escaped the oversight of regulators.

The vote was a party-line 223-202. No Republicans voted for the bill; 27 Democrats voted against it.

While a victory for the administration, the legislation dilutes some of President Barack Obama's recommendations, carving out exceptions to some of its toughest provisions. The burden now shifts to the Senate, which is not expected to act on its version of a regulatory overhaul until early next year.

The president praised the House action Friday, and called on Congress to act swiftly to get the bill to the White House for his signature.

"The crisis from which we are still recovering was born not only of failure on Wall Street, but also in Washington," Obama said. "We have a responsibility to learn from it and to put in place reforms that will promote sound investment, encourage real competition and innovation and prevent such a crisis from ever happening again. "

The legislation would govern the simplest payday loan and the most complicated high-finance trades. In its breadth, the measure seeks to impose restrictions on every house of finance, from two-teller neighborhood thrifts to huge interconnected conglomerates.

Democratic leaders had to fend off a last-minute attempt to kill a proposed consumer agency, a central element of the legislation and one the features pushed by the White House. The agency would take over consumer protection powers from current banking regulators, and big banks and the U.S. Chamber of Commerce vigorously opposed the idea.

Democrats said the broad legislation would help address problems that led to last year's calamitous financial crisis. Republicans argued that it overreached and would institutionalize bailouts for the financial industry.

"Let's put it to the American people: Do you prefer the Republican position of doing literally nothing to rein in these abuses or should we try to rein them in?" Rep. Barney Frank, who led the Democratic effort on the bill, asked moments before the final vote.

Republicans cast the regulatory bill as a burden to business and argued that it would continue to protect companies considered too big to fail. They offered an alternative that called for special bankruptcy proceedings to dismantle failing financial institutions. That alternative failed.

"This house has been on a spending spree, a bailout spree and a regulatory spree that I could never have imagined in any of my prior 18 years here in Congress," Republican Leader John Boehner of Ohio said.

Democrats accused Republicans of doing the bidding of big banks, pointing to a meeting in the Capitol Visitors' Center this week between GOP leaders and about 100 lobbyists. Even the White House took a swipe at House Republicans.

"I didn't expect them to help after a meeting with 100 lobbyists for the financial industry," White House Chief of Staff Rahm Emanuel said in an interview. "I'm not surprised they are opposed to it. The lobbyists are trying to gut this."

Consumer advocates cheered the survival of the consumer protection agency but said the overall legislation fell short, especially in the regulation of complex investment instruments known as derivatives.

The legislation aims to prevent manipulation and bring transparency to the $600 trillion global derivatives market. But an amendment by New York Democrat Scott Murphy, adopted 304-124 Thursday night, created an exception for nonfinancial companies that use derivatives as a hedge against market fluctuations rather than as a speculative investment. The amendment exempted businesses considered too small to be a risk to the financial system.

A Democratic effort to make more companies subject to derivatives regulations and to end abusive-trading rules failed.

When the Obama administration first proposed a package, it called for regulations of derivatives without any exceptions. But a potent lobbying coalition that included Boeing Co., Caterpillar Inc., General Electric Co., Coca-Cola and other big companies persuaded lawmakers to dilute the restrictions.

"It's a weakness in the bill and a win for Wall Street," said Barbara Roper, director of investor protection for the Consumer Federation of America. "Hedge funds and others that are not bona fide hedgers of commercial risk will slip through this language."

The bill would create a Financial Services Oversight Council made up of the Treasury secretary, Federal Reserve chairman and heads of regulatory agencies to monitor the financial markets for potential threats to nation's system.

It would identify firms and activities that should be subject to heightened standards, including requirements that they place more money in reserve. The government could dismantle even healthy firms if they were considered a grave risk to the economy. Large firms with assets of more than $50 billion, and hedge funds with at least $10 billion in assets, would pay into a $150 billion resolution fund that would cover the costs of dismantling such a company.

It was that fund that Republicans argued amounted to yet another bailout pool.

But one Republican, Federal Deposit Insurance Corp. chairman Sheila Bair, rebutted the House GOP critics, commending the legislation for creating a system to dismantle failing firms. "Ending too-big-to-fail by creating an effective resolution regime that will apply to large financial institutions is the key to ensuring that we end the need for future bailouts," she said.

The Federal Reserve, criticized for not spotting last year's crisis, would lose power in the legislation. The measure would limit the Fed's unilateral ability to inject large amounts of money into financial institutions. It also would take away the Federal Reserve's consumer regulation authority and would subject it to a broad audit by Congress' investigative arm.

The legislation also takes on Wall Street compensation. Company shareholders would get a nonbinding vote on the pay of top executives. Federal banking regulators would have to approve compensation practices, though not actual pay, at banks and bank holding companies.

The House vote marked a personal triumph for Frank, the Massachusetts Democrat and chairman of the House Financial Services Committee, who began drafting the legislation last summer. Frank had to steer the various pieces of the bill amid Republican opposition and misgivings from pro-business Democrats.


Connie heart
_________________________
We cannot heal another person as healing comes from within. We can stimulate the radiance of others by being a light ourselves. - unknown author

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