Gibson writes: "Our current problems are all rooted in greed and inequality ... Such greed has led to staggering inequality even greater than the inequality that preceded the economic crash of 1929."
Employees work inside a Foxconn factory in the southern Guangdong province, China, 05/26/11. (photo: Reuters)
The System Isn't Broken, It Was Built This Way
04 April 12
Reader Supported News | Perspective
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here in the world can we go to get an accurate picture of where capitalism will inevitably lead us 20 to 30 years down the road?
Communist China, ironically.
When referring to sheer numbers, China's economy has grown to the point of invincibility. The unemployment rate is incredibly low at 4.1%, GDP climbs significantly nearly every quarter, and more and more industries are locating to China to produce their goods. China's population is exploding, meaning more tax dollars and productivity. Many American businesses talk of adapting to the "Chinese Model" of doing business. But how has China become the shining beacon of capitalism the world over?
Foxconn may have taken up the bulk of the news coverage, but they're merely one of many examples of China's business culture. Unions are unheard of in China, as is anything resembling a living wage, adequate benefits packages or labor regulations. Companies like Foxconn can pay their employees as little as they wish, make them work unbelievably long hours, employ them at very young ages, hold them to unrealistically high standards, and sap their employees' physical and mental health until they work themselves to exhaustion or injury, even to the point of threatening mass suicide at the workplace.
Environmental standards for Chinese businesses are similarly deplorable. In some parts of China air quality is so bad that being outside requires wearing a mask to avoid breathing in dangerous particulates emitted by coal plants, unrestrained by any clean air regulations. Groundwater in rural Chinese communities and big cities alike has been shown to cause cancer through consumption, as 70% of lakes and rivers are polluted. Conditions are unlikely to change, because the Chinese government refuses to impose regulations on the companies that employ a bulk of their people. Their excuse is to "help enterprise pass the Winter."
The Chinese model has prevailed. American labor unions have lost their last bit of influence and the halls of Congress are completely filled with corporatists eager to undo a century's worth of regulations to enrich their campaign donors' bottom lines. Reversing corporate funding of elections would require an amendment to the United States Constitution that would not only have to pass through both halls of Congress and be signed by the president, but also ratified by three-fourths of the states. Such a plan would take decades to succeed, which is longer than we have to radically change society.
Our current problems are all rooted in greed and inequality - corporate greed, Wall Street greed, and greed of the top .001%, who now own over 970 times more than the bottom 90 percent. Such greed has led to staggering inequality even greater than the inequality that preceded the economic crash of 1929. Nearly all income is flowing to a very tiny minority in a country of over 310 million people. And even though the size of the US economy has tripled since 1960, middle- and lower-class wages have actually gone down. And those at the very top can't make up for the lost economic activity of the bottom 90%. This has inhibited the rest of the country's ability to create new wealth, rendering more and more once middle-class people to become dependent on government assistance just to meet daily costs of living.
In the years it would take to enact positive campaign finance reform, new rules for lobbying, term limits for lawmakers in carefully gerrymandered districts, a new generation of organized workers, carbon-emission limits, nationwide green-energy infrastructure, universal healthcare, elimination of wasteful corporate tax loopholes and subsidies for big corporations, and meaningful tax reform that will redistribute wealth from the top .001% to the rest of us through conventional political means, the middle class will be long gone and our planet's health will have deteriorated beyond the point of no return. Lasting change has to come through not reforming our broken and corrupt system, but through implementing a new system entirely from scratch.
The Venus Project calls for the elimination of a currency-based economy and the implementation of a resource-based economy. TVP's ideal society would be powered by sustainable housing and communities, renewable energy, and would use scientific developments and state-of-the-art technology to automate everything necessary for the continuation of the human species. Everything from production, manufacturing, inventory, distribution and transportation would be automated, as we have the technology now available to do so. And because it would be powered by clean energy generated from the sun, wind, hydroelectric and geothermal sources, humans would need only to set these systems up, and as a species, begin a new, sustainable lifestyle.
Questions that TVP raises:
- Are our lives really only about acquiring an education, developing a skill, earning money, paying taxes and procreating, to make our kids live the same lives as cogs in a capitalist/consumerist machine?
- Should humanity be about celebrating being human and living in a way that preserves our resources, or about earning money, consuming resources, and providing for your family?
- What if, instead of spending 8 hours a day (realistically more like 12-14 for a lot of us) at a job to earn money, if money was no longer an issue and everyone had enough resources to live comfortably on, because resources were our economy?
- What if we had a system where we did away with corporations like Monsanto and Cargill, and food was organically grown through new technology?
- Do we want to keep up our lifestyle and economy until gas hits $20/gallon and creates mass hysteria, or do we want to start working toward a system where gas prices are irrelevant?
Such a system, critics say, would be rendered irrelevant by the greed inherent in human nature. That's where a concept like the Equal Money System comes into play - it guarantees an equal income for all people, from birth to death. Greed is born out of fear that there may not be enough one day, so those feeling the human urges for self-sufficiency and survival will grab and hoard all they can, with little regard for the needs of others. An equal money system will negate that fear, eventually leading to the elimination of greed several generations down the road.
Such solutions are radical, but so are the problems we face as a species. Our goals must be to create these systems on our own and render irrelevant the corrupt authority currently in power, or we run the risk of letting mutant capitalism take hold, like it already has in China.
Carl Gibson, 24, of Lexington, Kentucky, is a spokesman and organizer for US Uncut, a nonviolent, creative direct-action movement to stop budget cuts by getting corporations to pay their fair share of taxes. He graduated from Morehead State University in 2009 with a B.A. in Journalism before starting the first US Uncut group in Jackson, Mississippi, in February of 2011. Since then, over 20,000 US Uncut activists have carried out more than 300 actions in over 100 cities nationwide. You may contact Carl at carl@rsnorg.org .
Reader Supported News is the Publication of Origin for this work. Permission to republish is freely granted with credit and a link back to Reader Supported News.
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Thank you, Frank Rich.
I used to love 60-Minutes. I watched Mike Wallace and Dan Rather do REAL reporting and I felt like I actually learned about something important after watching it. I felt that the story about Tora Bora was very believable but nothing came of it. Supposedly, Cheney himself told them to stand down when they had OBL trapped and in their sites. Now; I don't know if anything they've reported is true or just a "made for T.V. drama".
They fired Dan Rather for having a shady source for his expose' on GWB but never denied the validity of any of the data.
All I can say is, America needs a news service that actually uncovers real information and one that can be trusted. I won't be watching 60-Minutes anymore. A mistake can be overlooked but a hoax is something different.
It seems that FOX has set a new standard for "success" in the "news" business in America. And all of America has lost because of that.
I suspect that Karl Rove, in a moment of pure genius, decided the best way to defuse Bush's lost year on AWOL would be to trap a well-known correspondent with easily forged and easily exposed papers.
It if was Karl, you've got to hand it to the sleazy bastard, it worked!
Isn't it amazing how the media is simply a political toy now?
A friend recently told me he believes being a whore is the only real legitimate profession: because whores admit to being whores.
A hoax indeed, in the spirit of the New York Times' WMD reports about Iraq.
Isn't it amazing how the media is simply a political toy now?
A friend recently told me he believes being a whore is the only real legitimate profession: because whores admit to being whores.
Sometimes, fredboy, you are prevented from even whore legitimacy: I was told that I was not a real prostitute by a member of a sexworkers association:SWO P. I had ( or so I thought) been a prostitute for 3 months back in 1986 when I was homeless and desperate. "You were not a real prostitute", this SWOP member told me, to my great surprize. I sure do get REAL "stigma" though, because I went public with what I did to survive for those 3 months in 1986 (what did I do, if not sell sex for money, I wonder????)
I believe that Bush II had planned for the catastrophe he created to blow up on the next president's watch. He just planned it incorrectly, like he did everything else.
I see that your hard time happened during the Reagan administration too. I'm glad you made it. A lot of people don't make it through these planned catastrophes that profit the rich and destroy the poor.
As for myself, I remember being out of work for months and couldn't find a job to save my life.
We in California had to put up with Reagan 8 years longer than the rest of the nation. He was a B rated actor but an A++, award winning political actor.
Our political class and most journalists are obvious whores. The only surprise is what cheap whores they are.
CBS was founded by William Paley, who was head of propaganda for the Army Psychological Warfare Division during WW II.
CBS was owned by Westinghouse, which was one of the world's largest military contractors.
CBS was then merged with Viacom, which was founded by Summer Redstone who was in "Special Branch Military Intelligence" during WW II.
"Consider the source" remains a relevant proscription.
Ooops ! You are placing your own ignorance on display, here, ptalady - no wonder our schools are being so dumbed down.
As a bit of a Grammar Nazi myself, may I suggest that, at a minimum, you take a few seconds to consult the dictionary before you presume to "correct" a word regarding which you are apparently clueless yourself ?
Look up "proscription", and you will discover that, not only is it a proper word, but that (as the author obviously knew), it makes *loads* more sense in the context to which it was applied than did your risible Church Lady insistence upon the word : "prescription".
Next we had her self-serving cries of victimization when she was attacked in Tahir square, easily targeted because she was obviously part of a well funded mainstream american media crew. The "Democracy Now" journalists, led by an egyptian national, far more skillfully and selflessly embedded themselves among the demonstrators and at far less cost.
She has at last, no credibility and no relevancy on issues of national importance. Meanwhile, where's Dan Rather?
The report was basically a right-wing dream. It implied that it was easy to get benefits and that there was widespread fraud. This is in spite of the fact that the approval rating is very low and that it often requires an attorney and at least one appeal to eventually get approved. And this is in spite of the fact that the average monthly benefit is around $1000.
So 60 Minutes recently has quite definitely fallen short of accurate and professional journalism. But it's amazing that, while the Benghazi story got all the attention, everyone seems to have forgotten the hatchet job piece on SSDI they ran about a month or so ago.
Her coochy-coo voice sickens me.
Whether he was there or not,... ultimately,... does it really matter?
Of course, what matters is "inventing the news and various phony crisises", which 60 Minutes is not usually known for;....that "news distortion" is usually done by Republicans . But, is this Dylan Davies guy - all there is - to the "Story of Bengazi?" What is the big deal? They didn't have enough security is what it boils down to. Republicans wouldn't "foot the bill". Shit happens.
60 Minutes made a terrible mistake, not vetting this guy & his story more (and perhaps even Lara Logan); especially since 60 Minutes was considered the "gold standard" so to speak, of reporting.
Bengazi to me, was a tragedy. Cutting off of people's hands in Sierra Leon was a tragedy. Sandy Hook was a tragedy. Wall Street's derivatives & the $700 Billion Dollar "no-regulations , no accountability" bank-give-away was a tragedy, 9/11 was a tragedy. And if we don't wake up, smell the coffee, and get personally involved in at least one issue, to help our country, our people, our planet and the world,.... then the dream of this country - will become the greatest "American Tragedy".
Yeah, it looks like we are at the tipping point and sliding toward despair.
So for me, CBS now has the credibility of Fox; as defined by their Benghazi coverage. I.e., lies presented as news reports.
I don't fault the reporter so much here as the CBS Management. The reporter is clearly only "reporting" what MANAGEMENT TOLD her to say!!!
CBS certainly knew what they were getting when they hired a Fox News guy to run their news programming.
The VERY LEAST response any RESPONSIBLE news source would make here would be to issue an entirely new program CONTAINING THE FACTS.
Apparently, that's not happening here.
So in essence, CBS is lying. And I can only assume they will continue to do so. It seems their policies now align with those of Fox News.
Walter Cronkite must be turning over in his grave to see CBS promulgating such OBVIOUS lies.
So basically, I expect the lies will get worse and more pervasive until they infect all of CBS' news programming.
Sad to see such a great news broadcaster turn to such a pitiful demise.
I saw the program. After 2-3 minutes I was sure it was a hoax not a mistake. CBS is the shadow of its past. I watched Walter Cronkite from day one until he passed away. It makes me sick to my stomach that CBS dishonored Walter Cronkite's memory. What can you expectfrom CBS/Fox News? As for Lara Logan she should be dumped in the waste bin. At least Ann Coulter is a "bimbo with a brain". Lara is neither a bimbo nor brainy. You wonder what "research" she carried with the "mercenary" whistleblower? Well, they must have tried a number of positions from the Kama Suthra and invented some new ones. Personally, I woulsn't touch her with a 10 foot pole.
Aygen,
Istanbul, Turkey
Wow ! Isn't perception an amazing thing ?
From my perspective, seeing Ann Coulter as being possessed of any more intelligence than it takes to be a bitchy, snarky, sniping Queen of the "Mean Girls" table in a seventh Grade lunchroom, is to vastly overestimating her intellect even more so than she herself is constantly doing.
Coulter knows how to sell attitude, that's all. So perhaps she, like Madonna, is a marketing genius. Blessed only with mediocre talent, both women have managed to build wildly undeserved financial fortunes. As does Paris Hilton on even less intelligence and talent.
Really, if Coulter wasn't promoted by Bill Maher and a few other acolytes, we would remain pleasantly unaware of her existence as long as we are not drawn to the "bomb thrower" section of bile-spewing logorrhea that passes in some circles for "books" these days.
Coulter angrily insists (at the drop of a hat) that she is a "best selling author". She herself is oblivious to the fact that peddling putrid bile does not place one in the same category as "authors", no mater how much people pay to hear her regurgitate her political porn.
If Ann Coulter is an example of a "bimbo with a brain" I would sorely grieve what that would say about human intelligence in general.
Can we now bury once and for all the myth of "liberal bias in the media"?