Tag Archives: Corporations

The Plutocrats of Wall Street and Silicon Valley Are Scamming America, by Ryan McMaken

Very few ostensible capitalists have any ideological loyalty to capitalism. They’ll crawl into bed with government any time it’s in their interest to do so. From Ryan McMaken at mises.org:

In recent years, it seems that the nation’s CEOs and billionaires are increasingly willing to drop the pretense that they are politically neutral entrepreneurs who simply want to go about their business.

Last week, for example, more than a hundred CEOs met to plot ways to punish the people of Georgia by “stopping investments in states” that pass laws unapproved by the billionaire class.

This comes in the wake of a decision by Major League Baseball—a collection of billionaire-owned sports teams—to punish residents of Georgia for the fact a tiny number of politicians there passed legislation designed to lessen voter fraud. In retaliation, MLB decided to move the league’s all-star game so as to deny the residents of Atlanta the economic benefits of hosting the game.

This comes only a few years after Apple CEO Tim Cook led a corporate campaign to boycott Indiana after Cook and Marc Benioff (the CEO of Salesforce) demanded the people of Indiana be punished. This was because the Indiana legislature passed a law which some billionaires decided was insufficiently pro-LGBT.

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Wokeless and Second Class, by Donald Jeffries

Actual racism in America is probably at an all-time low, but race hysteria and genuflecting before racial totems is at an all-time high. From Donald Jeffries at lewrockwell.com:

America is on the way to instituting a new form of Apartheid. This one won’t be based on skin color. The new “Jim Crow” isn’t voting laws that logically require a photo ID to prevent fraud. It isn’t a convenient historical reference for prominent Blacks like Virginia Assistant Governor Justin Fairfax to invoke, because he was accused by two credible women of sexual assault. Nobody is “racist” against anyone with wealth or power, like Fairfax. Lots of average Whites may justifiably despise him, but they can’t be “racist” regardless. They don’t have power. He does.

The elite who misrule us have managed to convert the largest elephant in this collapsing country- the massive and growing disparity of wealth- into a racial argument, where rich Black celebrities or public officials can claim the system, which has bestowed fantastic favors upon them- is actually against them. By the same argument, the millions of Whites who are living paycheck to paycheck, or are even homeless, have a “privilege” that these powerful “persons of color” don’t have. It is based upon the belief that “systemic racism” is responsible for all Black pathology, despite the clear and public support of the most extreme Black Lives Matter advocates by the most influential organs of that system.

USA Today recently ran one of the most ridiculous stories I’ve ever seen, which concluded that “White Supremacy” was responsible for all interracial crime. “White Supremacy” apparently compels Blacks to commit 90% of all interracial crime, including almost all of the crimes against Asians, which have recently been the subject of much attention, and of course nonsensically attributed to “White Supremacy.” What exactly does “White Supremacy” even mean? You could make the argument that “White Supremacy” predominated as recently as the 1950s in America. But now? Yes, most of our leaders are still White- but doesn’t that stand to reason, since most of the population still is? And those White leaders are not exactly renowned for any “Supremacist” beliefs. On the contrary, the “Woke” ones hate Whites more than the most radical member of the Nation of Islam. And the “conservative” ones do nothing but apologize and backpedal, and brag about all the African-Americans supposedly flocking to the Republican Party.

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Big Corporations Now Deploying Woke Ideology the Way Intelligence Agencies Do: As a Disguise, by Glenn Greenwald

In pursuit of lucre, corporations will adopt whatever slogans and ideologies they think will sell. From Glenn Greenwald at greenwald.substack.com:

By draping itself in the finery of political activism, the corporatist class consolidates political power, corrupts democracy and distracts from its real functions.

 
Customers wait in line in an attempt to purchase limited-edition Air Jordan 1 ‘Light Smoke Grey’ outside a Nike store on July 25, 2019, in Yichang, Hubei Province of China. (Photo by VCG/VCG via Getty Images)

The British spy agency GCHQ is so aggressive, extreme and unconstrained by law or ethics that the NSA — not exactly world renowned for its restraint — often farms out spying activities too scandalous or illegal for the NSA to their eager British counterparts. There is, as the Snowden reporting demonstrated, virtually nothing too deceitful or invasive for the GCHQ. They spy on entire populations, deliberately disseminate fake news, exploit psychological research to control behavior and manipulate public perception, and destroy the reputations, including through the use of sex traps, of anyone deemed adversarial to the British government.

But they want you to know that they absolutely adore gay people. In fact, they love the cause of LGBT equality so very much that, beginning on May 17, 2015 — International Day against Homophobia, Transphobia and Biphobia — they started draping their creepy, UFO-style headquarters in the colors of the rainbow flag. The prior year, in 2014, they had merely raised the rainbow flag in front of their headquarters, but in 2015, they announced, “we wanted to make a bold statement to show the nation we serve how strongly we believe in this.”

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Doug Casey on the Rise of Woke Companies and ESG Investing

The Marxist ideologies that have infested all the other important American institutions have infested corporations as well. From Doug Casey at internationalman.com:

ESG investing

International Man: The trend of investing in so-called environmental, social, and governance (ESG) companies is growing. Companies are rated based on their carbon emissions, diversity on their board, among other factors. Many companies seem to be bending over backwards to show their ESG credentials.

What do you make of all this? Where did this all come from?

Doug Casey: A tsunami of political correctness is washing over the entire world. It’s not just the US. But it didn’t just arise spontaneously in a vacuum.

The first time that I ever heard the term “politically correct” was in a Saturday Night Live skit in the early ’80s. At the time, I just thought it was a funny catchphrase. It sounded like a takeoff on the Soviet term “politically unreliable,” which was used to describe those who weren’t dogmatic communist ideologues. However, it turned out to be an indicator of a much broader trend, one that got underway in the ’60s. It started in the universities.

Three generations of people have gone to college since the ’60s. In those days, attending college was relatively rare, only around 10% of the youth. It was less than 5% in the previous era. Now it’s quite common, with over a third of Americans getting degrees.

In those days, college was actually supposed to be about learning something tangible. Either subjects about the natural world—science, medicine, engineering, and the like—or humanities—literature, history, philosophy, and the like. There was always a divide between the two categories, of course. Sciences were hard and required diligent work with verifiable data, whereas the humanities were soft, largely the province of opinion and interpretation. Both disciplines have degraded, however. Even math is now considered too “white,” while the humanities have morphed into indoctrination.

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Peak Woke, by James Howard Kunstler

The backlash against the nonsense is coming and count on it being quite powerful. From James Howard Kunstler at kunstler.com:

What were the execs of these mighty companies thinking — these knights of the boardroom, these capitalist geniuses, these moral nonpareils — when they cancelled Atlanta’s turn to host the midsummer All-star Game to “protest” Georgia’s passage of a law that requires voter ID? Surely that they were striking a righteous blow against systemic racism. And then, the rest of the world realized — almost immediately — that Major League Baseball requires online ticket buyers to show ID when they pick up their tickets at any stadium… and that Delta Airlines requires passengers to show ID (duh) before being allowed to fly in one of their airplanes… and that various other corporations snookered into this latest hustle such as Nike, Coca Cola, and Calvin Klein support forced labor in the Asian nations that manufacture their products.

They’re Woke, you see. The tentacles of Wokery have reached into every last compartment of American life now, more effectively even than the Covid-19 corona virus. Wokeness emerged on the scene in 2014 when the feckless teenager Michael Brown was shot to death by police officer Darren Wilson upon arrest in Ferguson, Missouri, an event that kicked off the Black Lives Matter movement. The moral panic BLM ignited proved to be a spectacularly effective device for repelling the truth of the situation, and many more like it, which was that Michael Brown resisted arrest, fought with, and menaced officer Wilson before getting shot.

The Woke moral panic that proceeded from this effectively suppressed two truths about police relations with Black America: 1) that Blacks committed crimes against life and property at a disproportionately high rate to their percentage in the US population, and 2) that the number of unarmed black people killed by police was statistically miniscule, and in most cases involved people resisting arrest or fighting with police. As the 2016 election approached, the Democratic Party realized it was in its interest to cultivate the Woke moral panic so as to marshal the Black voting bloc so crucial to victory at the polls.

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When Corporations Become More Powerful Than The Government, Our Definition Of “Big Brother” Needs To Change, by Michael Snyder

A world run by power mad corporate oligarchs is just as awful as a world run by any other power mad cabal. From Michael Snyder at themostimportantnews.com:

Throughout human history, our God-given liberties and freedoms have often been brutally crushed by oppressive governments, and that is still happening all over the world today. But in our time, an additional threat to our liberties and freedoms has emerged. Global corporations just continue to get larger and more powerful, and in recent years they have been increasingly using that power to shape society. This is a very dangerous trend, because in the western world many of the constraints that our national governments are forced to operate under simply do not apply to corporations. This gives them an enormous amount of leverage, and they are using it.

Here in the United States, the federal government still has a monopoly on power in areas such as border security, national defense and foreign policy.

But when it comes to the things that matter the most in the day to day lives of most Americans, it could be argued that the giant corporations have now become more powerful than the federal government.

For example, our politicians like to brag about how many jobs that they have “created”, but the truth is that they don’t actually create any jobs unless you want to count useless government desk jobs.

Our politicians can help to foster an environment that will be favorable for economic growth, but it is the corporations that really determine whether the economy will grow or not.

In fact, it could be argued that the corporations are the economy at this point.

Over time, it has become increasingly difficult for any American to become truly independent of the corporate system. Even if you own a small business or you work for yourself, there is a good chance that you depend on the big corporations in many ways.

If you doubt this, just try to “go it on your own” without ever using any corporate products, without ever dealing with a big tech company, and without ever bringing in any income from any corporate source whatsoever.

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The Coming New Order, by Jeff Thomas

A government run by a combination of the government and the nation’s biggest, most powerful corporations is fascism. It’s what the US has now and it’s going to get worse. From Jeff Thomas at internationalman.com:

Coming New Order

For many years, a handful of people have postulated that those who control industry, finance and governments are essentially the same people – a cabal of sorts that have, over generations, solidified their relationships in order to gain greater wealth and power, whilst systematically making things ever more difficult for the free market to exist.

But why should this be? Surely, corporate leaders are more ardently capitalist than anyone else?

Well, on the surface, that might appear to make sense, but once a significant position of power has been achieved, those who have achieved it recognize that, since they’ve already reached the top, the primary concern changes. From then on, the primary concern becomes the assurance that no others are able to climb so high as they have.

At that point, they realise that their foremost effort needs to be a push toward corporatism – the merger of power between government and business.

This is a natural marriage. The political world is a parasitic one. It relies on a continual flow of funding. The world of big business is a study in exclusivity – the ability to make it impossible for pretenders to the throne to arise. So, big business provides the cash; government provides protective legislation that ensures preference for those at the top.

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A Biden Presidency Would Be A Dream Scenario For Our Corporate Overlords, by Michael Snyder

Corporations donated millions to the Democrats and they’ll get the expected payoff. From Michael Snyder at themostimportantnews.com:

One of the biggest reasons why the elite hate Donald Trump so much is because they can’t control him. But if Joe Biden ends up in the White House, that won’t be a problem. Our corporate overlords know exactly what they are getting with Biden, and that is why they backed him so strongly during the campaign. In fact, if our corporate overlords could create a perfect president from scratch, they would end up with someone that looks very similar to Joe Biden.

Let me explain what I mean. One thing that the elite value in any politician is weakness, and today Joe Biden is very weak. At one time he had a little bit more of a backbone, but at this point he has deteriorated very badly and his physical, mental and emotional weaknesses are apparent to everyone.

But a president can’t afford to be weak, because pressure is put on the White House from a thousand different directions on a daily basis. Any sign of weakness from a president is like blood in the water, and the political sharks are going to be all over him.

Ultimately, Biden will be exceptionally easy for the elite to manipulate because of how weak he has become, but the downside for the elite is that Biden may not last that long in the White House because of how rapidly he is physically and mentally falling apart.

If our corporate overlords were creating a perfect president from scratch, they would also want someone that owes them favors, and Joe Biden owes them big time.

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Are Gun Rights the Next Target of Corporate Censorship? by José Niño

Will corporate America do to gun rights what the social media companies have done to free speech? From José Niño at mises.org:

Ever since Dick’s Sporting Goods and banks such as Citigroup made business decisions in line with the mainstream media’s push for gun control, some opponents of gun control have debated whether private companies pose a bigger threat to gun rights than government does. In the case of Dick’s Sporting Goods, the outdoor company decided to stop selling rifles like the AR-15 and banned the sale of firearms to individuals younger than 21. In response to the Parkland shooting in Florida, banks like Citigroup also crafted their own anti-gun policies as reported in The New York Times:

Citigroup is setting restrictions on the sale of firearms by its business customers, making it the first Wall Street bank to take a stance in the divisive nationwide gun control debate.

The new policy, announced Thursday, prohibits the sale of firearms to customers who have not passed a background check or who are younger than 21. It also bars the sale of bump stocks and high-capacity magazines.

It’s not just gun owners who are experiencing limited shopping choices. Gun rights lobbies like the National Rifle Association have faced opposition from corporate America. Rental car companies like Avis and software companies like Symantec have severed their affiliate programs with the NRA in the wake of the Parkland shooting hysteria.

It appears the next fad in virtue signaling in the corporate world may be gun control gun.

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The Corporate War on Free Speech, by Jim Goad

Corporations are adopting many of the political positions, and the inclination to stifle dissenting views, of the left. From Jim Goad at takimag.com:

As one of the very few writers whose work resulted in a government-sponsored attempt at censorship, I can say quite confidently that the government is no longer the biggest threat to free expression in America.

It’s the corporations.

One of my countless gripes about the grotesquely empty public display of sneering moral condescension that is the modern left is their continued posturing that they are fighting the power rather than representing it, consciously or otherwise. Conveniently ignoring the legions of discrimination lawyers, human-resources hall monitors, and corporate-diversity rectal inspectors, modern progressives are somehow able to maintain the delusion that “corporations” are by definition right-wing entities.

Of course they are. That must be why Google canned James Damore for daring to suggest the world’s largest company was hopelessly biased in favor of leftists. It also must be why it seems that the only people getting banned from social media or fired from their jobs based on nothing more than their opinions are those who are critical of the left.

I’ve speculated that the left seized the dominant cultural power to destroy someone’s life based merely on their beliefs during some murky point in the mid-1970s when Secretary of Agriculture Earl Butz was fired after making a joke about how blacks only want loose shoes, tight pussy, and a warm place to shit. In an American culture that had previously been more conservative, Butz would have been ostracized for talking about vaginas and defecation in the same sentence, but that sort of crassness was no longer the sin—now the transgression was to speak irreverently about blacks.

As the left has gradually accrued power it has grown proportionally more censorious. Donald Trump’s unexpected sucker-punch to the entire ideological and political spectrum only led the leftist thought police to more aggressively hunt and antagonize those they wished to silence. After Trump’s election, even relatively harmless clowns such as Milo Yiannopoulos found themselves banned from Twitter and the subject of full-blown riots from brain-dead neo-Maoist fanatics who refuse to accept honest debate because they wouldn’t last five minutes in an honest debate.

To continue reading: The Corporate War on Free Speech