The way we live now is like when the sleezy salesman came to the door selling some bogus product. But we knew they were bad news, everybody knew. Today nobody seems to know who is taking advantage. On top of that, it’s legally allowed. And of course, we allow it.
Those of us who remember a time when it wasn’t this way have a responsibility to say so. It wasn’t always this way and it doesn’t have to be this way now.https://twitter.com/davidsirota/status/1256360832348368901 …
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Add to that, that if you make the slightest suggestion, ask the most nuanced question regarding whether they’ve created a profit center rather than responding to a genuine need, they vilify you with full force and aided by the media and political entities that they basically own.
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In the late 80’s , the Oligarchy called the US Govt , in response to Corporate desires stopped enforcing antitrust laws ( this involved both Congress and President) ... by the early 90’s the merger fever was in full swing ... the result was entire economic sectors controlled (1)
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(3) FBI. In 1961, Eisenhower warned the public on prime time TV that if they were not educated, attentive and active their Govt would soon be hijacked by the M-I Complex ... they didn’t listen ....50 years of sleepwalking by the public got us here
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Jonas Salk didn’t have to spend a billion dollars buying his way through the FDA. If Jonas Salk was trying to cure Polio today, the federal government would make sure to strangle him financially on behalf of the monied entities who write regulation.
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Unless he was owned by them.
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Or was it always this way; we just know more about it now? Will the future be better, or will the next chapter be one of populist isolationism and universal surveillance under the guise of protection against the threat of climate migrant hordes beyond our borders?
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No, it wasn’t always this way. It’s not romanticizing the past to point out that until 1980s there was no assumption that corporate America should run the world. In terms of the future, we all know it could go either way…
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(2) controlled by Oligopolies ... Econ 101 .... Oligopolies do not compete .... it is against their interests to do so .... they set prices ... as far back as the early 50’s, drug company executives were caught sitting in a limousine in a tunnel conspiring to set prices by the ..
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But that was nothing compared to the financial power they were able to wield unduly influencing government starting in the 1980s and 1990s
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