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Dylan Ratigan - The Cost Of Corporate Communism

Video - Dylan Ratigan on Corporate Communism


Lately I have been using the phrase “Corporate Communism” on my television show. I think it is an especially fitting term when discussing the current landscape in both our banking and health care systems.

As Americans, I believe we reject communism because it historically has allowed a tiny group of people to consolidate complete control over national resources (including people), in the process stifling competition, freedom and choice. It leaves its citizens stagnating under the perpetual broken systems with no natural motivation to innovate, improve services or reduce costs.

Lack of choice, lazy, unresponsive customer service, a culture of exploitation and a small powerbase formed by cronyism and nepotism are the hallmarks of a communist system that steals from its citizenry and a major reason why America spent half a century fighting a Cold War with the U.S.S.R.

And yet today we find ourselves as a country in two distinctly different categories: those who are forced to compete tooth and nail each day to provide value to society in return for income for ourselves and our families and those who would instead use our lawmaking apparatus to help themselves to our tax money and/or to protect themselves from true competition.

If you allow weak, outdated players to take control of the government and change the rules so they are protected from the natural competition and reward systems that have created so many innovations in our country, you not only steal from the citizens on behalf of the least worthy but you also doom them by trapping the capital that would be used to generate new innovation and, most tangibly in our current situation, jobs.

We are losing the opportunity cost of all the great ideas that should be coming from the proper deployment of that 23.7 trillion in capital. Everything from innovation in medical delivery systems to accessible space travel, free energy to the driverless car; all of these things may never come to bear because those powerful individuals who have failed, been passed over by technological advancements, innovation and flat-out smarts, have commandeered our government to unfairly sustain their wealth and power.

Unfortunately, they use our wealth and laws not only to benefit their outdated, failed companies, but also spend a small pittance of their ill-gotten gains lobbying and favor-trading with politicians so the government will continue to protect them from competition and their well-deserved failure.

The massive spike in unemployment, the utter destruction of retirement wealth, the collapse in the value of our homes, the worst recession since the Great Depression have all resulted directly from the abdication of proper government.

Even with all that — the only changes that have been made, have been made to prop up and hide the massive flaws on behalf of those who perpetuated them. Still utterly nothing has been done to disclose the flaws in this system, improve it or rebuild it. Only true rules-based capitalism ensures constant adaptation and implementation of the latest and best practices for a given business, as those businesses that don’t adapt fail, and those who deploy the latest innovations to their customers benefit, prosper.

The concept of communism is rightly reviled in this country for the simple reason that it is blind to human nature, allowing a small group of individuals near-total control, while sticking everyone else with the same crappy systems - and the bill.

America spent countless lives and half a century fighting against this system of government.  So why are we standing for it now?


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Reader Comments (10)

Aug 29, 2011 at 3:42 PM | Registered CommenterDailyBail
why not just call it what it really is, fascism. profits to private corporations, losses borne by the public.
Aug 29, 2011 at 5:04 PM | Unregistered CommenterJohn
I completely agree with John, but would add that communism and fascism are indistinguishable. Tom Ferguson and others have pointed this out. Ratigan doesn't understand what real communism and its egalitarian tradition actually was. Lenin destroyed the movement.
Aug 29, 2011 at 10:57 PM | Unregistered CommenterWilliam
It's just a label he chose to go with. I've heard Ratigan use the phrase the United States of Corporate Fascism more than once on his show.
Aug 30, 2011 at 12:38 AM | Registered CommenterDailyBail
We used to call this Feudalism
Aug 30, 2011 at 2:42 AM | Unregistered Commenterfliteshare
i think the choice of communism over fascism is most appropriate.

the fundamental difference between the two is that communism is international (world revolution) and fascism is national.

the fed is owned by private, probably foreign, bankers. all the off shoring of business is international. the ussa quest for world domination is a communist trait, it is no longer defence. the multiculturalism being pushed down the throats of western countries.

western countries are not nationalistic but are continually sticking their noses into other countries, often in a criminal way.
Aug 30, 2011 at 9:25 AM | Unregistered Commenterwarren
I agree with the posters above who said it should be called "fascism". Mussolini himself said fascism was corporate control of the government. And to say that calling it, "corporate communism" is just a label is disingenuous. Words have meanings. A lot of people don't like carbon dioxide being labeled as a "pollutant". Is that also just a label?
Aug 30, 2011 at 4:03 PM | Unregistered CommenterChris
I might add that calling the system in the U.S. and Britain etc. "corporate communism" seems to me to be an extreme example of disinformation, meant to confuse the already poorly educated American masses. The word, "communism" is related to the word, "communal" and means that the state, representing the whole of the people, owns the means of production. It might be true that historically (as Ratigan points out), a few at the top of the U.S.S.R. and other communist states had too much control. But in theory, a communist system simply means that there is one political party, which a significant percentage of the population is a member of, and it is in the form of a pyramid structure whereby groups of members select delegates for committees in the next level higher up in the pyramid, right up to the top layer.

To further emphasize that substituting "communist" for "fascist" is very poor communication, consider that fascists such as Hitler hated communism with a passion, and vice versa.
Aug 30, 2011 at 4:29 PM | Unregistered CommenterChris
Off Topic..................

Senator: Obama Told Me Pass Amnesty or I’ll Leave the Borders Open
Aug 30, 2011 at 6:28 PM | Unregistered CommenterTexas Dar
The most transparent administration in history? Why are the details about a tax fraud settlement case with an Islamic bank tied to terrorist groups being hidden from the public?


Justice Dept. Keeping Islamic Bank Settlement Secret
Aug 30, 2011 at 6:31 PM | Unregistered CommenterTexas Dar

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