Skip to main content

View Diary: Are Capitalism and Democracy Incompatible? (159 comments)

Comment Preferences

  •  Government by the corporation. (5+ / 0-)

    In this country, today, we no longer have a democracy (a government of, by, and for the people).

    Instead, we have a corporatocracy (government of, by, and for the wealthy and corporate interests).

    This is not some danger lurking in a possible future; this is happening today.

    Consider this simple fact: 95% of all elections since 2000 were won by the campaign with the most money.  Today, money is the most important determinant of who wins elections.

    Of course, our law-makers will tell you that they represent your interests in Washington.  When in fact, the doors of the law-makers' offices are closed to you and me, but open to the biggest donor: the wealthy and corporate interests.

    That is why a discussion of healthcare for all Americans becomes a mandate to buy for-profit insurance.  Why a discussion of removing dictatorships in the Middle East involves only those countries with petroleum to export.  Why regulators of the banking and finance industy all come from the banking and finance industry, and after they leave government "service" will go back to jobs in teh banking and finance industry.

    The obvious solution is to outlaw ALL private donations to law-makers and make ALL elections entirely funded by public money.  

    "The fool doth think he is wise: the wise man knows himself to be a fool" - W. Shakespeare

    by Hugh Jim Bissell on Thu Oct 18, 2012 at 10:41:07 AM PDT

    [ Parent ]

    •  Re (1+ / 0-)
      Recommended by:
      Paul Rogers
      Consider this simple fact: 95% of all elections since 2000 were won by the campaign with the most money.  Today, money is the most important determinant of who wins elections.
      What's the cause/effect relationship though?

      Are they popular because they have money?

      Or do they have money because they're popular?

      (-5.50,-6.67): Left Libertarian
      Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

      by Sparhawk on Fri Oct 19, 2012 at 05:33:14 AM PDT

      [ Parent ]

      •  Has nothing to do with popularity (0+ / 0-)

        Popularity is not the issue.  

        The issue is which legislator or candidate is willing to dance to the tune of the wealthy and corporate interests.

        Why are all the representatives screaming with one voice for tax cuts EVEN as they warn of budget deficits?  Because the wealthy donors want that.  Why do all the legislators vote to invade Iraq?  Because the wealthy interests want them to.  Why does congress refuse to investigate and prosecute fraud on Wall St. and in the banking industry?  Because Wall St. and the banking inudustry give money generously to members of congress.

        "The fool doth think he is wise: the wise man knows himself to be a fool" - W. Shakespeare

        by Hugh Jim Bissell on Fri Oct 19, 2012 at 08:59:12 PM PDT

        [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site