Company scrip, company stores, and a unfettered markets was at it's height the first third of the 20th century. End result of the excessive wealth disparity was the Great Depression, had the free market solved itself there would have been no need for government intervention, and modern day Libertarians, Objectivists, and Free-marketeers would have been proven right. Popularity of Keyesian economics the world over is based on the outcomes that it has provided. Free-marketeers argue that the invisible hand will set the economy straight for the most part without any government intervention and that their ideology is the most persuasive. Then why was the New Deal so popular? Why aren't the same people that complain about the faceless Big Government not also giving the same weight of opposition to the faceless Big Business that has tendency to over reach and create harm en mass?
Whether Union Carbide's Bhopal disaster, BP's Deep Horizon off-shore rig and Texas City refinery, Massey Energy's Upper Big Ranch Mine explosion, or Freedom Industries chemical spill the first full of this year, modern economy has placed the individual low on the priority when decisions are made by the grand decision makers who have successfully extricated themselves from resulting effects of those decisions. But the answer from the corporate shills and deluded libertarians/objectivists is always "that only if the government got out of the way, it would all resolve itself." So to be honest with ourselves we would have review history that brought about a muscular interventionist government, that initially was effective but ever since the Powell Memo has only been lip service from the establishment left and derided outright by the establishment right.
United Fruit's Santa Marta Banana Massacre, Rockefeller's Ludlow Massacre, Triangle Shirt Waist Factory, the Johnstown Flood and a countless other tragedies show that unfettered capitalism lead to excesses that concentrate resources at the expense of the masses. Free market (at least the Ayn Rand and Mises interpretation of it) is almost completely incompatible with human contentment for the vast majority of the population and proponents assume to be the economic victors through some innate worthiness while the opponents to deifying 'the invisible hand' are viewed by Free-marketeers as simply trying to cheat some perceived natural order of 'takers' being eliminated to make way for the 'makers.' I apologize to over generalize the Free-marketeers' perspective, but either they hold the opinion of being the economic victors or they are sadists believing they will be the victims under their own proposed economic rubric. In the unrealistic belief that Free-marketeers were to believe that there would be some Utopia if the government were to allow profit motive run free without concern for outcomes, and that they there would be a win-win results for participants within the economy; again I would have to point out that criticism of Big Business would be necessary and yet not forthcoming from Free-marketeers. A perfect free market would require, universal access to perfect information so that each particpant would have opportunity to make fully informed rational decisions whether hiring an employee and knowing exact work output at previous employment or school or consumer to know exactly the profit margin when comparing competing products or services to judge which is the best value. This would eliminate privacy for every individual (both homo sapien and incorporated varieties), there would be universal access to information and transparency. No business would be allowed proprietary information or company secrets; no boss would be free from informed criticism from his/her employees regarding ability to compensate; no barrier to enter market just because there is a lack of contact information to an existing client base and what they are paying their current vendors.
What Free-marketeers actually call for is a stacked deck in favor of the few economic victors, putting the masses of consumers/citizens at the lowest end of priorities. Equality of the market only exists respectively to the size of one's bank accounts. We could trade in the stability that interventionist government provides, but the economic victors and the shot-callers won't allow their own stability and station in life to be at risk. And the deluded Libertarians/Objectivists constantly barking at the public officials that are to blame for all the world's ills never cricitize the real decision makers, the people that fund elected officials campaigns and hire the regulators when they eventually leave the public sector. But those deluded provide a distraction and a false intelectual riguer to rationalize a new Gilded Age, and a Divine Right of Corporate Kings.
Showing posts with label Conservatism. Show all posts
Showing posts with label Conservatism. Show all posts
Jan 22, 2014
May 20, 2013
IRS so called scandal
by
Sean Finnerty
@
11:34 AM
George Will said on ABC's This Week "A Tennessee group was told your entitlement to this status was contingent upon telling us the names of the high school and college students that you trained to participate in politics." The status that Mr. Will has his undies in a twist over is the nonprofit apolitical 501c4 organizations having their tax exempt status being delayed. If the Tennessee organization had nothing to hide, they could have sought out a 527 status and avoided the delay, instead decided to avoid contributors disclosures and obfuscate where their money is coming from denying the American public their right to know who is attempting to persuade public policy.
There is a common theme in the conservatives' response across internet forums and social media, that liberals would not stand for the same actions if IRS used the same scrutiny on liberal nonprofits. No one needs to imagine what would occur if a Republican administration used the IRS to harass and audit liberal nonprofits; since it occurred under Bush against the NAACP, Planned Parenthood, and others. The right-wing complains about delays in being granted tax-exempt status; what conservative organization was denied 501c4 status? I can tell you which progressive organization was denied, Emerge America as they transformed their 527 organizations to 501c4 was denied the only benefit of avoiding to disclosing their contributors. The Tea Party and Patriot movement creating nonprofit organizations explicitly for politically purposes were still able to retain financial contributors anonymity despite that is neither the letter of the law or the spirit of the law to grant the status to such poltical organizations.
Much can be understood by the modus operandi, if tax-exempt 501c4 organizations intended for apolitical purposes to promote the general welfare in comparison to tax-exempt 527 organizations intended for purely political purposes, then the reason for political organizations seeking out 501c4 does so for the only distinction between 527 an 501c4: not disclosing political contributions.
Stephen Colbert famously and poignantly mocked the tax statuses of Super PACs and their deceiptive partners in crime by creating Colbert Super PAC and 501c4 Colbert Super PAC SHH! to hide who contributed to the his fund. Unlike the Tea Party and Patriot movement 501c4, Stephen Colbert actually had apolitical purposes to educate and entertain the public about the absurdity of the campaign finance and the tax code.
http://www.salon.com/2013/05/14/when_the_irs_targeted_liberals/
Stephen Colbert famously and poignantly mocked the tax statuses of Super PACs and their deceiptive partners in crime by creating Colbert Super PAC and 501c4 Colbert Super PAC SHH! to hide who contributed to the his fund. Unlike the Tea Party and Patriot movement 501c4, Stephen Colbert actually had apolitical purposes to educate and entertain the public about the absurdity of the campaign finance and the tax code.
http://www.salon.com/2013/05/14/when_the_irs_targeted_liberals/
May 14, 2013
IRS taking a double look at conservatives who oppose paying taxes-- is like Child Services taking a double look at NAMBLA
by
Sean Finnerty
@
10:02 AM
Last
week it was discovered that the IRS performed extra scrutiny on 25% of the
501c4 non-profit organizations if they had "tea party",
"patriot", or other conservative identifier within their name;
the double check was limited to the Cincinnati regional IRS office. This
extra scrutiny was in response to the Citizen United decision that allowed
Super PACs and the follow up of the 501c4 to hide the contributors from the
public. It doesn’t come to anyone’s surprise that a burst of newly formed tax-free
organizations created with the
patina
of tax avoidance should come under closer examination by the agency that is
responsible for regulating such organizations. This is in comparison to pacifists
and non-violent activists coming under extra scrutiny of the FBI
from 2001 to 2006, under the premise that they were dangerous to the
security of the nation. The facetious shock that the right wing pundits responds to this story comes from the same mindset that believes if government revenues can be shrunk small enough then the government can be small enough to be drowned in a bath tub. So those organizations that are advocating against taxes altogether warrant the double check by the IRS.
"Just imagine, Donna
Brazile, if you will that the George W. Bush administration had IRS underlings
saying we are going to target organizations with the word 'progressive' in
their name, we would have all hell breaking loose."
-George Will on ABC's This Week
-George Will on ABC's This Week
The kabuki that is
being slung by conservative pundits regarding this story wholly ignores the
recent history, and the administration’s defense is devoid of assertiveness (no
surprise there).
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