Tag: Capitalism

Oh, The Irony — It Will Be Corrupt Conservatives Who Turn America Into A “Socialist Paradise”

~ A L Katz ~ Leave a comment

The only thing that scares a conservative more than “socialism” (their idea of it anyway) is diversity. Oh, they’ll tolerate diversity in the business they own. At the end of the day, they’ll happily pay minimum wage to whomever. But will they tolerate diversity in their country club — or worse, their neighborhood?

Surely, you jest!

That Black family may be able to afford to live in the rich, white conservative’s gated community, but they were never supposed to be able to afford it. And that’s the point. Conservatism’s real mission is to keep everyone in their “proper” place in the pecking order — as it was in the 50’s — the 1850’s.

There’s nothing inherently wrong with capitalism — private ownership of the means of production — for profit. In theory, capitalism is color blind. The money doesn’t care who’s profiting from it. It turns toxic however when it becomes crony capitalism that excludes most everyone else from access to that money and the means of production. Crony capitalism is greed run amok. It moves capitalism from the “apolitical” pile to the “immoral” pile. Also — crony capitalists are distinctly political because politics are always required if the crony capitalists are going to hold onto the unchecked power that keeps crony capitalism afloat.

Slavery was the epitome of crony capitalism. It was immoral and highly political. Connect all the dots of conservatism and a picture of crony capitalism emerges. One hand needs to wash the other.

Donald Trump is the epitome of the crony capitalist. He epitomizes its deep down corruption. That’s conservatism’s real problem. We’ve now seen first hand what crony capitalism aspires to. It’s very, very good for a percentage of the 1%. It frankly sucks for pretty much everyone else.

The deep hole we’re in was dug by crony capitalists practicing crony capitalism. We can keep digging — that’s what crony capitalists would want us to do (instead of decking them and climbing out of that hole). It’s just a fact (we live inside the data set): no conservative solution to the mess conservatism caused exists. All conservatism can do now is make the hole bigger, deeper, danker.

America, we now realize, does not have a health CARE system, it has a health INSURANCE system — not the same thing. When people walk in our door, the first question we ask isn’t “How can we fix you?”, it’s “How’re you gonna pay for this?” No other industrialized, first world country has profit incentive at the heart of its health care system because health care and profit are mutually exclusive propositions.

A publicly traded company has a fiduciary responsibilities to its shareholders to maximize the returns they’ve made on their investment in said company. They care about profits not patients. Patients, remember, are cash out. The more an insurance company or for profit hospital spends on patient care, the less they’ll make in profits — and the less happy the board of directors and shareholders will be with them.

Any of us needing an expensive procedure to save our lives is going to have to be more worthwhile than the Maserati the insurance company’s chairman of the board has his jaundiced eye on. The coronavirus pandemic has made it crystal clear that we can only be as healthy as the least healthy among us. It only takes one person afraid to reveal their illness to set another pandemic off and running.

People unable to afford health care — unable to take the time off from work to seek the care — are perfectly primed to infect everyone and everyone they meet. And it’s not their fault. They’re being exploited. Universal single payer health CARE is coming to America.

There’s no stopping it now. There’ll be no stopping guaranteed public university education (or comparable technical training). Think of it as something we’d be doing for ourselves. I also believe public service is vital. Every high school graduate should owe a minimum of 18 months of public service. They can join the military, man polling stations, teach kids to read or get food to the hungry and homeless. They can use whatever their skill sets are to make their country a better place for all Americans.

We could even pay for medical school educations with one caveat. We The People will pay to make you a doctor — but you will have to invest some time in public health as the means to pay We The People back. You get, you give. Yeah — it’s socialized. But it’s still democratic.

Andrew Yang’s presidential run didn’t just put universal basic income on the table. The pandemic shutting down the world’s economies made UBI downright respectable. UBI became the only comprehensive way to keep the economy from completely tanking. All the data on UBI says the same thing — it improves peoples’ lives considerably. Rather than leaping at the first job offered because they’re desperate, people receiving UBI tend to wait for the right job to come along — the one that utilizes their skill sets best and makes them happiest. Being happy makes them more productive.

And the money people get via UBI? They don’t hoard it like a bank would. They spend it — on their rent, their utilities, their food and gym membership. They put that money right back into the economy. The taxes paid all down the line help cash flow the UBI all over again. The reason Republicans like Mitch McConnell despise UBI is because it proves them to be liars, pirates and thieves. It works while their policies don’t.

There will be no way out of this crashed economy except by progressive means. When we find ourselves eventually on the upside of this tragedy, progressive policies like universal single payer health care and UBI will have been mainstreamed. Not only will they NOT have brought down Western Civilization, they will have actually benefited more Americans.

I look forward to toasting all my conservative “friends” one day. As awful as many (not all) have been in this period, it will be conservatism as a whole that finally brought America to its senses — by making America a democratic socialist paradise. Let’s be real. Even if we never made it to “paradise”? Whatever progressives do will be a thousand times better and more popular than anything Donald Trump might ever do.

“Me” v “We”

~ A L Katz ~ Leave a comment

That, in a nutshell, is the argument we’re having in America today: the rights of “ME” v the rights of “WE”.

I hesitate to call anything “Republican thinking” anymore. That’s an oxymoron. Republicans don’t think, they perpetrate. They’re criminals engaged in a criminal enterprise — the overthrow of the legitimate American government by a devil’s brew of RW money (the Kochs & Mercers), corrupt Republican politicians (Mitch McConnell, Kevin McCarthy, Paul Ryan, Lindsey Graham) and Russian intelligence carrying out a literal plan of operation hatched by Putin himself.

Ask yourself — why are the Republicans doing this? They’re a minority — and getting “minority-ier”. They’re tossing the Constitution and rule of law overboard to hold onto power. What could be more “ME” than that?

What could be more “ME” than a dwindling white minority staring a diverse and diversifying majority in the eye and insisting “ME” while they insist “No, WE”?

Racism is an implied right to hate. No such right exists except in the racist’s mind. Racist thinking and contemporary conservative thinking are a horrifying conjoined twin. They both aspire either to keep America right where it is — a place still simmering in multi-faceted institutional racism or (better yet, to them) a place where nobody talks about racism because it’s that baked in. You, like in the good ol’ 50’s — the 1850’s.

Conservative thinking values property (theirs) over life (yours). Proudly Christian, it’s taken “Do unto others” and turned it into “Do what we say”.

The most glaring example of conservative thinking in our everyday life occurs any time someone walks into a hospital or doctor’s office needing health CARE. The first question we ask isn’t “How can we fix you?”, it’s “How’re you gonna pay for this?”

Before you can get well, we need to know that someone’s gonna make a buck.

That’s slavery thinking where everyone below “Boss Man” is expendable.

Conservatives will tell you all about how the “rugged individual” has any and every right he needs to do what he wants — even if that right tramples other peoples’ rights. When conservatives & libertarians picture that “rugged individual” in their minds? He’s as white as they are. Not only don’t conservatives believe “all men are created equal”, they don’t believe “all rights are created equal” either.

Their rights will always be able to “beat up” our rights (same way their imaginary friend can beat the snot out of yours).

Gun laws aren’t about “rights” per se, they’re about fear — that shrinking white-male-Christian minority legitimizing their bunker mentality. When they think of “people owning all the guns they want”, they aren’t including people of color in that. If they thought for two seconds that the black guy living cross town was arming himself with the same intensity? They’d shit-can that law in a heartbeat.

Donald Trump isn’t the only delusional male telling himself “I alone can fix it”. That disease afflicts plenty of Republicans. You know how pretty much every Republican takes every opportunity to tell us how “God-fearing” they are? Well, that’s bullshit. They don’t “fear” God, they think they “ARE” God. That’s why they alone can “fix it”.

How much more “ME” can ya get?

Progressives view the world through a more “socialized” lens. Having sampled crony capitalism now — and found it wanting — it’s long past time that we try a more legitimate form of capitalism. While we intuitively assume that the people with the most money are “the best capitalists” who know better than the rest of us how capitalism works, if that capitalist is corrupt (they are), they’re actually undermining capitalism, not nurturing it.

Capitalism relies on innovation to focus capital where it needs to go to 1) do the most good and 2) return the most on its investment while doing the most good. Smart capital knows that things that do the most good spread wealth around — which then puts that capital back into the system so it can continue to inspire new innovation. Progressive capitalism self-perpetuates the flow of capital.

Corrupt capital directs all available wealth to its own pocket. The only thing that trickles down is misery. Nothing gets innovated. Everything slowly grinds to a halt as the rich get richer and no one else can afford to buy anything.

“ME”, again.

It’s hard to have a consumer driven economy that depends on consumer confidence when the consumers have no confidence in the economy. But then, crony capitalists — like conservatives — never think that far into the future. That’s because the future is what they’re trying to avoid.

Progressives make better capitalists. Progressives also govern better — because they’re automatically more concerned with “WE” than “ME”. Progressives aren’t perfect. There’s no such thing. But progressives — because it’s how we think — naturally look for solutions that work for the greatest number of people over solutions that work for fewer people.

Progressives understand that “fair” needs to apply to everyone equally. It’s tricky. That’s why the rule of law is so important. Progressives stand by, behind and with the rule of law because it’s the very best way to assure “WE” are treated equally.

Progressives understand that as important as the rights of the individual are, they cannot supersede the rights of the group. A gun owner’s right to stand at his front door, beer in hand, blasting away at his neighbors just for fun cannot supersede his neighbors’ rights to not get shot at by a drunken yahoo.

Progressives really and truly believe that a rising tide lifts all boats.

That’s “all boats” as in “WE”.

Capitalism Doesn’t Have To Crush People — Only CRONY Capitalism Does That

~ A L Katz ~ Leave a comment

Like all ideas, capitalism itself is neither good nor bad. It’s just an idea — a foundational notion of how a society might live, using capital as a motivator for innovation. Capitalism, by its nature, looks to the future. It depends on tomorrow being better than today — it needs new ideas, new inventions, new ways of doing things constantly churning in order to succeed. Money chases ideas because a good idea can make someone rich but also benefit a wide swath of humanity because capitalism has also innovated how to mass produce, market and distribute that good idea.

The trick, as always, is who is at the helm of the idea. Who’s driving it?

Capitalism plus greed — unfortunately the easiest combination of all — produces chaos and corruption and blight. Greed — the compulsive getting of money (or anything) for its own sake — though it seems to run alongside capitalism — actually is an impediment to it. Greed kills innovation. It’s rarely the greedy people who do any of the actual innovating. But damn if they’re not first in line when the money starts flowing. And damn if they don’t refuse to budge when it happens.

We associate capitalism with conservatism — the getting of huge piles of money seems like something old people, landed people, already-wealthy people, greedy people would associate with happiness. But conservatism never thinks about the future. Conservatism wants to conserve — just like it’s name says. It wants to conserve the past (what else?) and the present (because the present still contains elements of the past). Innovation poses a direct threat to that way of thinking. How could it not? Innovation innovates because it sees problems in how we do things now. How can we improve upon past ways? How can change them?

See the problem for conservatives?

The truth is, capitalism and progressivism have far more common purpose than capitalism and conservatism. Crony capitalism is greed perverting markets. It isn’t actually a form of capitalism, it’s a distortion of it.

The more fair capitalism is, the better it is — because it gives more people the chance to both innovate and benefit. That means regulating it. Over-regulation can stifle capitalism as much as corruption does — there is a fine balance. Ain’t nothing perfect in this world — not if humans are involved. Let’s stop thinking it exists.

Social democracies resting upon the Rule Of law (so that everyone is indeed treated equally before the law) and a reasonably regulated capitalism would give more people the chance to live better, happier, healthier lives.

Regulated capitalism puts more money into peoples’ hands. When more people have money — a healthy, functioning middle class — they spend that money on goods and services — the basis for a consumer driven market economy. They may even save a buck or two. Our version of capitalism here in America hasn’t done that. As we know — it’s done the opposite. The rich have gotten way richer, the poor can’t even afford to go to a hospital if they have Covid-19.

And — ironically? That fact is what makes the pandemic so much worse here in America. Our health system is a giant billboard advertising everything wrong with crony capitalism. It’s not a health CARE system, it’s a health INSURANCE system. The first question we ask anyone walking in the door isn’t “How can we fix you?”, it’s “How’re you gonna pay for this?” That’s wrong every which way you look at it.

Think of all the people who lose their houses, go bankrupt, destroy their family’s finances for generations all because they got sick. That doesn’t happen anywhere else but here. It’s because capitalism sits inside our health “care” system — where it does not belong. Capitalism can innovate myriad ways to do health CARE better, more efficiently, more effectively.

That’s if we use capitalism — this idea — as a tool. To help as many human beings around the globe as possible. Capitalism has been good for mankind. It has made life better for us as a species. We’ve prospered under it. That’s just historical fact speaking.

It’s caused profound misery too.

But — if we’re fair — little of that was capitalism’s fault.

Coronavirus Has Revealed All The Things America Sucks At — Health Care, Food Supply, Emergency Response; We Can Officially Add CAPITALISM To The List

~ A L Katz ~ Leave a comment

The coronavirus pandemic has ripped the bandage off a thousand flaws in how Americans do things.

Health care was the first thing we were destined to slam into because we don’t HAVE a health CARE system, we have a health INSURANCE system. Not the same thing. As I’ve often said here, when people walk in the door of any part of our health system, the first question we ask isn’t “How can we fix you”, it’s “How’re you gonna pay for this?” Can’t pay? Sorry, pal.

That’s not health care speaking, it’s profit incentive. And while having profit incentive in our health care system may be profitable (the capitalism part), it was deadly to a staggering number of Americans before coronavirus. Think of all those Americans who couldn’t even think of getting tested — if they felt like shit — because they feared that if covid-19 didn’t kill them, the hospital bill surely would.

That’s the crony part.

Watch Mitch McConnell. He is dead set against doing anything even remotely “socialistic” to save America. The idea of UBI is anathema to him — even if it means saving ordinary Americans from ruin. Mitch even thinks letting New York or California go broke is the way to go. Never mind the fact that states like NY & CA are the economic ENGINES of the economy. The consumers in those states — they POWER the consumer demand that fuels the engines. People with actual expertise in economics are already saying that what Mitch is thinking wouldn’t just drive us into an economic depression, it will plunge us there. What part of capitalism is that good for?

It turns out America is especially bad at capitalism. There’s nothing inherently wrong with capitalism in the abstract. If we accept the fact that — if humans are involved — there are no perfect ways of doing anything — then one can argue that compared to everything else humans have tried, capitalism can give more humans more opportunities to enjoy a decent standard of living. The “social democracy” brand — where the commonweal always has a good seat at the economic table — makes capitalism fairer (though never ever fair enough).

Crony capitalism — what America calls capitalism — is bad for everyone ultimately — as the coronavirus is demonstrating relentlessly. It set us up for failure and damn if we’re not failing.

While the pandemic was descending upon us, Donald Trump and Jared Kushner were selling OUR supplies for profit and cornering the market on everything that was left. Rather than taking profit out of the picture — because this is a national emergency — Trump made profiteering and even outright price gouging part of the process!

Trump and the Republican Party don’t care if opening the economy kills hundreds of thousands of Americans (so long as it’s not them — then they’ll care plenty). Their bottom line, as always, is the money. And the power.

They have no idea how much rage against them is building outside their bubble. It was already building because of three years of lawlessness and treason. Throwing a daily death list into the mix is not going to expand Trump’s base. In fact — because it’s mostly Trump voters who are refusing to social distance or in any way behave safely — two weeks from now, it will be Trump voters who start dying in droves.

And Trump — as I said — won’t be adding voters. He needs every voter he can get. Or keep from dying.

As we know, Donald Trump is a horrible president just like he was a horrible businessman, a horrible father, a horrible husband, a horrible son, a horrible friend, a horrible associate, a horrible citizen, a horrible human.

He’s also a horrible capitalist. Just like every other Republican.