How Market Fundamentalism Corrupts the Political Process

Rob Weissman, president of Public Citizen speaks at the forum, “Destroying the Myths of Market Fundamentalism,” held in Washington DC, on October 19, 2018

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11 thoughts on “How Market Fundamentalism Corrupts the Political Process

  1. People can go to prison. Either corporations are not people or they need to start putting CEOs and managers in prison. You don’t get the rights of a citizen without the responsibility.

  2. The essence of this speech, is that the system protects corporate interest, thanks to judges like Kavanaugh, bent on protecting the 1st. amendment for the pharma not people's health care. In essence this speech says that the system is not working and no one knows what will. Good luck, people.
    This is what happens when the people elect a snake oil salesman.

  3. Absolutely fascinating that one can cite the "supreme law of the land" and be entirely
    clueless as to what it currently consists of……

    This has to be one of the greatest con jobs of all time…..I mean the Federal Reserve Act and
    the 16th Amendment were extremely creative and presented so many problems that the
    entire constitution had to be discarded in 1939, to not only maintain that fraud, but invent
    a more "unbelievable one"…..and yet none of these people seems even remotely
    aware of it having happened, while continually citing "evidence" that it has.

    The choices here, regarding the probable causes for this "persistent ignorance" is not only
    short but extremely tragic….in that these people are either totally stupid or completely terrified
    of exposing it.

    Consider that this deception took 30 years to put in place, followed by 48 years of a continual erosion
    of the very framework of "legitimate government"…..which no longer bothers to even pretend, that
    the "constitution" has any bearing on "rights" or provides any restraint on what the government itself,
    can do…..since it is clear that it can and will do anything it wants.

  4. Money in politics is a distraction. None of our problems will be solved by elected officials unless they are forced to do so. The only way they have been forced to do their jobs and serve the needs of the people, is by people joining forces with each other and marching in the streets for equality and justice for all citizens.

  5. Reproduction of Capital used to be the triad process of producing value, realizing value and distributing value. Capital preferred the market over Central planning because it was considered more efficient. Amazon has proven that we have the technology to make traditional Capital reproduction obsolete and because of climate change not using this technology is no longer an option. The US Empire is a giant Ponzi scheme that requires growth to survive but it's arithmetically impossible to maintain. The price for the use of money is interest, interest requires the money supply to expand and because the interest is compounded it functions exponentially. Interest expanding exponentially means there is a point where the interest can't be paid back; we've arrived at our destination. It's obvious that Climate Chaos and an obsolete operating system aren't considered a problem until they're predicaments; we've arrived at our destination.

  6. You think the people in this crowd are ready to strike? Will they stop showing up to work? Or will they nod their heads pat each other on the back for being so smart, the oligarchs tricks can't fool them. Then head right back to the money factory.

  7. A Constitutional Amended will need 2/3rd's of the States to ratify it. Look at the ERA Amendment still languishing awaiting ratification. The Internet will be the undoing of our precious way of life.

  8. In the 70's, politicians spent about 5% of their time fundraising. Neoliberalism (created by libertarians and funded mostly by the Koch donor network) of the past 40 years has now raised that percentage to up to 75% of their time fundraising or "getting bribed". End neoliberalism, end corporate governance. Learn MMT, which restores federal spending power back to the Common Good.

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