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Cenk Uygur

Cenk Uygur

Posted: September 16, 2009 01:08 PM

Corporatists vs. Capitalists

What's Your Reaction?

When I heard the word "corporatist" a couple of years ago, I laughed. I thought what a funny, made up, liberal word. I fancy myself a die-hard capitalist, so it seemed vaguely anti-business, so I was put off by it.

Well, as it turns out, it's a great word. It perfectly describes a great majority of our politicians and the infrastructure set up to support the current corporations in the country. It is not just inaccurate to call these people and these corporations capitalists; it is in fact the exact opposite of what they are.

Capitalists believe in choice, free markets and competition. Corporatists believe in the opposite. They don't want any competition at all. They want to eliminate the competition using their power, their entrenched position and usually the politicians they've purchased. They want to capture the system and use it only for their benefit.

I don't blame them. They're trying to make a buck. And it's a hell of a lot easier making money when you don't have competition or truly free markets or consumer choice. All of these corporations would absolutely love it if they were the only choice a consumer had.

Blaming the corporations for this is a little silly. It's like blaming a man for breathing or a scorpion for stinging. That's what they do. In fact, they are legally bound to make their best effort at not just crushing the competition, but eliminating it. Lack of competition will lead to making more money (presumably for their shareholders; though realistically it winds up being for their executives these days).

As the saying goes, "Don't hate the player, hate the game." We have to understand how this system works and then account for the abuses that are likely to arise out of it. I don't hate the scorpion for stinging but I also wouldn't put a bunch of them in my bed. And I wouldn't take kindly to someone else putting them there, either.

Politicians are very cheap to buy (and senators from smaller states are even easier to buy - great bang for your buck). So, obviously corporations are going to look to buy them so they can pass laws to kill off their competition. If you don't understand this, you're being at least a little bit dense.

You should lose significant credibility as a journalist if you're naïve enough to believe that corporations would not do this out of the goodness of their hearts. Come on, can anyone really believe that? Yet, in today's media atmosphere, saying politicians are in the back pocket of the corporate lobbyists who raise the most money for them is seen as an unacceptable comment. Anyone who challenges the system is portrayed as an outsider, fringe element who must be treated with scorn and shunned. We are told in earnest tones we must trust the corporations and not question the motives of the politicians.

The sensible approach would be to recognize the problem and figure out a way to avoid it the best we can. Money always finds a way in, but we can at least be cognizant of the issue and try to combat it as much as possible. We must do this as citizens who care about our democracy, but we must also do it as capitalists.

I believe in the capitalist system. I think it makes sense and it is attuned to human nature. People do not work to the best of their ability and take only as much as they need. They work as little as humanly possible and take as much as humanly possible. Capitalism helps to funnel these natural impulses in a positive, hopefully productive manner.

But in order to have capitalism we must have choice. If consumers do not have different companies to choose from, if the markets aren't truly free and there is no real competition, then you kill capitalism. Corporations are a natural byproduct of capitalism, but as soon as they are born they want to destroy their parent. Corporations are the Oedipus of the capitalist system.

In order for capitalism to work, they must not be allowed to succeed. We must guard capitalism jealously.

So, it is of the utmost importance that we watch politicians with a very wary eye. Campaign contributions are a tiny expense to a large corporation. And the politicians treasure them too much. It is an easy sale. So, beware of politicians receiving gifts.

The perfect example of this is the health care reform debate going on now. And perhaps there is no better example of a politician who works for his corporate overlords than Max Baucus, who has received nearly three million dollars from the health care industry.

I don't blame the health care companies. I would do the same thing in their position. In fact, it is their fiduciary responsibility to buy an important (and cheap) senator like Max Baucus (he's cheap because he comes from the small state of Montana, where it is far less expensive to buy ads and crush your political competition with money they cannot possibly match).

If the health care companies can eliminate their competition, they'll make a lot more money. That is why there is so little competition among corporations in so many parts of the country now and why they are desperate to avoid the public option. They'd have to be stupid and negligent not to buy Max Baucus. He is the head of the Finance Committee and in charge of writing the most touted and awaited version of the health care bill.

I don't blame them, I blame us. How stupid and negligent are we to let that guy write this bill? The media should be treating Baucus and many of the other senators (who all get millions from the health care industry) with enormous skepticism. Instead, they are treating them as if they are honest actors who would never be affected by all that money.

They treat their concerns as if they are legitimate issues. The Republicans and the corporatist Democrats pretend to be fiscal conservatives who care about the budget when they are trying to kill the most important cost constraint in the whole bill - the public option. If you're a budget hawk, that's the last thing you'd kill, not the first. That's what keeps our costs down.

You see, these politicians betrayed their real motives in this debate. They made it crystal clear that they are not, in fact, conservatives or moderates or centrists or even capitalists. They are corporatists. They look out for the interests of the corporations that pay them above all else. Capitalists believe in competition. They believe it lowers costs and gives consumers better choices.

So, I would ask the media to please stop calling these politicians conservatives or even capitalists. And could you please look out for the rather obvious fact that they might not be working for us but for the people who pay them?

Of course, the media outlets might be able to better recognize this if large corporations didn't also own them. But that probably wouldn't affect their judgment either, would it?

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When I heard the word "corporatist" a couple of years ago, I laughed. I thought what a funny, made up, liberal word. I fancy myself a die-hard capitalist, so it seemed vaguely anti-business, so I was ...
When I heard the word "corporatist" a couple of years ago, I laughed. I thought what a funny, made up, liberal word. I fancy myself a die-hard capitalist, so it seemed vaguely anti-business, so I was ...
 
 
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02:12 AM on 10/14/2009
We are and Should be a democracy!

"In the United States Founding Fathers like James Madison defined republic in terms of representative democracy as opposed to only having direct democracy[6], and this usage is still employed by many viewing themselves as "republicans".[7" wiki.

Worse, neither a democracy nor a republican is for sale to the highest bidder, that makes the USA a Plutocracy.

The question is money.

Is it speech or Bribery?

That should be obviously to everyone that

Money to candidates is Bribery.

All Contributions are Bribes.
03:37 PM on 10/13/2009
Read the Declaration of Independence and/or the Constitution and you will not find the word "democrat" or any form of the word anywhere in either piece. We were/should be a REPUBLIC. The laws were clear and that was all the national government we needed up to the 10th amendment. All the rest is democratic ideals taken over which ultimately leads to an oligarchy which is where we are presently headed. We need to reclaim our republic! We need to hold humans accountable for their actions, whether they are doing it for nothing, or in the name of a corporation. If someone kills, they should go to court and put to trial, no matter who ordered it, why they did, or any other reason anyone may come up with. The court will ultimately decide, and it will be unanimously decided by that persons peers. This includes every corporate CEO, and any one else with a cool title they came up with, and also the President himself. "No one is above the law, not even the king"( thirteenth-century English document, the Magna Carta)
10:50 PM on 10/13/2009
"In the United States Founding Fathers like James Madison defined republic in terms of representative democracy " Wiki. Republic.

This whole republic versus democracy thing is a conservative canard.

Modern conservatism was formed to fight the Enlightenment, and continues to that fight today.

The Battle is between Plutocracy/conservatism/corporatism/oligarchy

Versus

True democracy: Not the "for sale" plutocratic toy of today. No contributions/bribes, equal prime time for all candidates, a travel budget. Real elections, real elected representatives.

That's the .1% versus everyone else.

Plutocracy or democracy

Choose.
02:04 AM on 10/13/2009
Outlaw ALL contributions as the Bribes they are, give equal prime time to all candidates on the ballot and a travel budget.

Turn the USA from a Plutocracy it is, to the Democracy it was meant to be!

Fold the FED into the treasury, directly grow the economy by paying for services and equal distribution of cash to all citizens, instead of 12 FED Dealer banks getting free money.

Regulate Wall Street to what FDR put in place. Outlaw Derivatives, force banksters to invest in Main Street.

Prosecute the Banksters who participated in the CDS fraud. Insurance without reserves is known fraud.

Increase the top personal income tax, to 50%, to whatever it takes to fix the damage done, universal health care, transition to green energy, infrastructure, remove the SS income cap to give us the first flat tax.

Tax all commercial pollution. 1$ per ton carbon equivalent, mercury, curies of radiation. No cap and trade Bankster bs.

Break up any company "too big to fail", break up the media empires: One outlet per owner. Bring back the Renegotiation Board, and give it power over wall street too.

Outlaw mercenary armies, persecute Blackwater right to the top.

End Nixon's war on hippies and legalize pot, and decriminalize the rest.

End the energy wars, close 90% of our 1000 bases, stop policing the world, and start working with the world.

Prosecute all torture, rendition and lies leading to war to the fullest extent.
03:51 PM on 10/13/2009
Dude, we were not meant to be a democracy. We were meant to be a republic. Get your facts straight. Also, pot was made illegal so that the southwest states can control the Mexican immigrants since they all seemed to have that in common. There is a great piece on this on the history channel or you can find it online I'm sure on the history channels website. Democracy is what lead to all these laws being passed, it's called majority rules. In a republic, the majority is kept in check. Also, giving all the Americans equal money is a redistribution of wealth which falls into the category of Communism. Each American should get back what they put in. That would be fair. Although I would love to get a bunch of money, the truth is I didn't earn it and it would probably hurt me more than help me. Income taxes is a redistribution of wealth. There should not be any income tax. The taxes allowed are sales tax, etc. Monopolies are already against the law. All they need to do there is enforce the law, but again, these corporations are allowed to lobby, etc. Again, the laws are in place and all we have to do is get rid of all the laws that were passed by our democratic process that was NOT kept in check.
04:13 PM on 10/13/2009
It is redundant to say democratic republic, since either democracy or republic will do. full name: Democratic Republic.

Pot laws have been used to sell nylon, control blacks, then kill off the hippie movement and recently it is again handy for arresting Mexicans. But Nixon and JEHoover wrote memos, conspired, to take antiwar political prisoners in the drugs war, but their belief that selectively prosecuting pot users would net more peace lovers than conservatives. It worked.

"Growing the money supply" by directly giving each citizen new money has nothing to do with communism. Who is it taken from?

Automation is the product of our entire civilization over history. Automation allows multiplication of effort, ie gain, that leads to economic instability, by concentrating the wealth and power in fewer and fewer hands. That's reality.

You have some fantasy objection to redistributive taxes, the word "
communism" is very effectively used to scare you when it is nothing of the kind. Is Sweden Communist? No, in fact they have more private ownership of business than does the USA. But they have cradle to grave safety net included better health care. They are the happiest and least miserableness folks on the planet along with the other redistributive tax countries.

Why do you want a plutocracy?

The laws will not be enforced since it is not in the plutocracy interest to do so. They have bought our democratic republic.

You want to go to regressive taxation instead.

It crashes. People die.

Wake up.
02:28 AM on 09/28/2009
Free market capitalism is the best mechanism ever devised by the mind of man for the purpose of allocating scarce economic resources. The citizens of this country are over regulated as opposed to under regulated. Please read the 70,000 plus pages of the Federal Register or the 13,000 plus pages of the Internal Revenue Code in evidence. James Madison warned against the effects of "voluminous" laws in Federalist #62 as well as the effects of what you are calling "corporatism".

Corporations are owned by people. They are not abstract beings. People have a right to peaceably assemble, and to petiton the Government for a redress of their grievances under the first amendment. The amendment does not prescribe the method of their redress. It is up to those in government to uphold the Constitution. It is up to the citizens to make sure that the Federal government remain as limited as possible to perform it's main purpose which is the protection of individual liberty and personal property rights. The progressive agenda, sadly, doesn't promote any of this.
08:43 PM on 10/04/2009
Democratically Regulated Fair Market capitalism is the great system for prosperity ever devised.

Unregulated "free" market capitalism is a disaster, leading to plutocracy, oligarchy. and poverty for the vast majority or people. see my profile for more details.

What we need to do it get big money out of democracy.

All contributions are Bribes.

Free prime time for all candidates, and a small travel stipend is all we need for fair democratic elections.
10:27 PM on 10/04/2009
We've never had an "unregulated free market" so your assumption as to it being a disaster is a leap at best.

The only way to get "money out democracy" is to limit the power of governments. Someone once wrote....."Regulation is how industry and government collude to create the rules of misconduct." The founders knew this which is why they created a Constitution which provided a Federal Government which had no authority to regulate private transactions. James Madison tells us in Federalist #62.....

Every new regulation concerning commerce or revenue, or in any way affecting the value of the different species of property, presents a new harvest to those who watch the change, and can trace its consequences; a harvest, reared not by themselves, but by the toils and cares of the great body of their fellow-citizens. This is a state of things in which it may be said with some truth that laws are made for the few, not for the many.

Free prime time for ALL candidates? I wonder who'll define what a "candidate" is?
08:39 AM on 09/18/2009
Ok.

Aside from paralyzing free-enterprise, "capitalism" and corportarism court the worst in all of us, including politicians.

There is a distinction between "free-enterprise" and "capitalism." Knowing this won't help me pay my medical bills this month.
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05:38 PM on 09/17/2009
Cenk confuses 'capitlalism' with 'free-enterprise', as do most Americans. You can't salvage capitalism by comparing it to corporatism. Both are bad.

http://www.leftista.com/index.php/2009/09/free-enterprise-vs-capitalism//
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04:40 PM on 09/17/2009
I realize what I am about to suggest is like asking people to ignore their human nature and believe in an unattainable utopian world. The truth is that we will never free ourselves as a society from this issue unless we do away with campaign contributions entirely. How is this possible you might ask? How about every eligible person who gains enough signatures to run for public office be given the opportunity to express their ideas in a public forum that is paid for by the taxpayer. Communism you say? Please hear me out. We already have C-SPAN to the nth degree, where does that money come from? Sure, it is easy for a blowhard to vote for a vehicle that satisfies narcissistic tendencies, but how about creating a public venue strictly for campaign speeches and debates (that include all contestants) giving equal time for each at the soapbox? You could run everything from local to federal elections and give the voters the opportunity to hear from each candidate in their own words instead of having a campaign pay for an advertisement and then have to hear all the pundits give their opinions as to what the message actually is before they get cut off to air another commercial. Why should a candidate have to raise millions of dollars just to be considered a contender? Let the media dissect what they will from this public venue, but at least the voter will not have to decipher the message.
04:19 PM on 09/17/2009
One quibble: while people will usually try to consume as much as they can, they don't necessary work as little as possible. There are plenty of people in this country who are "workaholics" and would almost work without pay. And there are plenty more for whom work is not only a means to an income, but also a source of meaning in life - i.e., creating something that is useful to others.

So, neither the old Marxist formula nor its antithesis is really correct. We need something more subtle.

Having said that: good post. The problem in a nutshell: politicians respond to money, and corporations have it. End of story.
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TrekBear
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04:02 PM on 09/17/2009
The answer to corporatism is to ban the notion and concept of "corporate personhood." Only humans are legitimately "legal persons" (I'm not going to address the issue of any future beings who may, one day, deserve recognition as legal persons).
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03:52 PM on 09/17/2009
Mr. Uygur, I think you are being a little myopic on this one.

Capitalism, carried to its logical extreme is Corporatism. They, the Capitalists, give lip service to concepts like free markets and competition, but what they really want is to eliminate the free market and their competition. Their goal is domination of the markets and elimination of competition and they do this by co-opting government so that the game can be rigged in their favor.

I can live with capitalism. There are obvious benefits. But capitalism must be strictly regulated in the public interest because we know from history and experience that they will abuse whatever power they can grab. If we fail to regulate, we will have fascism, another name for corporatism. And we are already pretty far down that road.
02:18 AM on 09/19/2009
The logical extreme of regulated free markets is corporatism. The problem is we give a certain group of human beings the power to regulate, and that power will be abused.
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bungerman
Sarcasm is my middle name.
09:23 PM on 10/18/2009
you don't believe we can come up with absolute rules of the road, say like a referee does in a sports contest that promotes fairness and competition for all?
03:31 PM on 09/17/2009
So what is the answer?
First of all we must force both legislative branches to make rules saying that no legislator can have any involvement with any legislation that would impact those individuals or corporations who contributed more than $5,000 to said candidate. Such contributions create a conflict of interest that is anathema to democracy. Accepting such a contribution would automatically bar that candidate from participation in committee hearings, vote, debate, participation in conference committee. They are obbligated to recuse themselves completely. Failure to do so would result in immediate EXPULSION from the Senate or House.

The big corporations could not get anything in return for their money. It would buy no influence or access whatsoever.

Legislators would be spared having to raise such immoral sums for their campaigns, and could spend more time doing their jobs i.e. doing the work of the people including finding time to read the bills they vote on.

Campaigns would be necessarily shortened.

Everybody wins with a more level playing field except for those who sought election to come to Washington for the express purpose of enriching themselves and those executerrorists who are bent on influencing legislation so that they can continue to feed their insatiable greed.
03:24 PM on 09/17/2009
Applause.

The Baucus bill stinks on ice. Fumigate.

Would it be accurate to say that if Baucus has received nearly 3 million dollars from the health care industry
that other civic- minded politicians are doing the same.

If Baucus and other corporatists are in bed with health insurance lobbyists, isn't it time to kick them out and change the bed pan.

Aside from paralyzing capitalism and obliterating the middle class, corporatism courts the worst politicians.
cuchulain
Occupy the Tao
03:22 PM on 09/17/2009
Cenk, I generally like your columns, and agree with a lot of what you say. But, not this time. You have to hold corporations responsible as well. It's not just us, or just government. Corporations can decide NOT to be rapacious. Many do. Not all corporations buy their way into monopoly positions, or positions of dominance. Many corporations choose a different route. Many decide to actually give back to their community, pay their workers a fair wage, provide great benefits, and make products that stand on their own and don't need lobbyists to game the system.

It can be done. Corporations should control themselves as well. Since they have "personhood", they should take personal responsibility.

Of course we and our government need to set rules and enforce them. We need to set up a system that rewards good corporate behavior and punishes bad corporate behavior. But, just as we expect individuals to take personal responsibility for their own actions, corporations must too. To say that it's understandable when they act like thieves, crooks, liars and mongol hordes, does not help the situation.
03:58 PM on 09/17/2009
Well, that's an interesting idea, that corporations have responsibility. But is that responsibility different than or the same as the collective responsibility of the employees?

My opinion is that it's better to treat corporations like a wild tiger -- he's not inherently evil for gutting and disemboweling you; it's just his nature. Similarly, if a tiger attacks me and I have a gun, I'm not evil for shooting the tiger -- I'm just defending myself.

However, if the tiger's *handlers* let him loose upon a defenseless crowd, those handlers ARE committing an immoral act. They had a choice how to behave, and chose the immoral one. Corporations have no choice but to try to make money. Consumers similarly have no choice but to protect their own self-interest. But regulators and voters (who are often representatives of "corporations" and "consumers" as well... it's complicated) are the ones entrusted with the moral duty to make sure that corporations, while serving their useful purpose as the engines of capitalism, do not harm the general public.

In short, it's the watchmen who have failed us, not the corporations or the consumers.
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TRex86
Enjoying life in West Ohio
03:13 PM on 09/17/2009
I would take a different tack than trying to improve "capitalism" by imposing government sponsored competition. The wackos are right. The government is the biggest dog in town and can use tax dollars to crush the competition. Why not acknowledge that health care isn't a market economy. It's a public trust. As such the public interest is best served by regulating insurance companies (and other players) as public utilities, setting limits on profits, controlling capital expenditures, etc. The goal would be to redistribute the excess profits to cover the uninsured. Consolidation under regulation would also create efficiencies that would reduce costs.
Health insurance was originally made up of non profit public benefit companies, usually formed by doctors in order to cushion catastrophic costs for their patients. These agencies are required to serve the public interest and limit retained profits in exchange for tax exempt status. It was a huge mistake to let these companies convert to for profit enterprises over the past 25 years. We can undo their for profit status with one simple piece of legislation. (I would include the for profit hospital chains as well). We are the only advanced country that allows for profit insurance companies. Let's be the last to get rid of them.
04:01 PM on 09/17/2009
Absolutely correct; there are some things that should not be treated as a "market," but rather as a public right -- among these things are clean water and air, public roads and military/police protection, and -- I believe -- some level of basic health care.

Ultimately market forces maximize *profits*, not necessarily outcome. This is the fundamental flaw in believing that treating health care as a market-driven commodity will produce good outcomes either for individual patients or for the tax-paying public.
02:51 PM on 09/17/2009
"the most important cost constraint in the whole bill - the public option"

This all would depend on the nature of the public option. A non-profit, self-sustaining public option, using no tax money, which Obama mentioned in his speech, is probably not feasible. The USPS can't compete well with private shipping companies and they have a monopoly on first-class mail. Obama has already mentioned this. The government can't run anything as efficient as the private sector. They would have to charge high premiums just like insurance companies. In my opinion, the premiums would probably be higher.

I don't think they could have an inexpensive public option without using tax dollars.
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EbonBear
opinionated hairy man
12:20 PM on 09/18/2009
I love this absurd idea that the government can't run anything as efficiently as the private sector. How about the space program, the IRS (look up "tax farming" sometime), interstate highways, rural electrification, dams, etc? Strangely, the biggest black hole of money in government is one that conservatives love: the military.

The free market ideal works well for many things but it does not and cannot work for life essentials, those things which are absolutely necessary for the continuation of life and health: Water, healthcare, electricity and/or gas. Because we cannot go without those necessities without great risk to life or health, privatising those allows the corporations owning them to profiteer like crazy.

Here in Britain, we privatised water, electricity and gas, all within my lifetime. The same thing happened in every case, the same thing that happens every single time life essentials are placed in the hands of private corporations: Prices exploded, service plumeted and standards were all but eliminated.
09:33 AM on 09/21/2009
I would argue that private organizations could run most of the programs you named more efficiently than the government, including the military.

Obviously it would be a national security disaster to have a privately run military, same with NASA.