America is proud of capitalism. Proud of the competition which has produced a dazzling array of inventions and consumer products. Any incursion resulting in government control of the “free market” is generally met with outcries of that old bugaboo: “Communist infiltration!”
The activities of the United States abroad have become redolent of resource grabs. Under the banner of “Making the world safe for democracy,” her aggression has resulted in an amalgamation of other countries’ resources. Oil and minerals top the list.
Far from protecting her own citizens’ property and economic interests, however, the domestic activities of the US increasingly reveal finely honed mechanisms resulting in asset seizure and transfer of wealth.In order to accomplish these aims, certain established checks and balances have been nullified or bought off.
The activities of the United States abroad have become redolent of resource grabs. Under the banner of “Making the world safe for democracy,” her aggression has resulted in an amalgamation of other countries’ resources. Oil and minerals top the list.
Far from protecting her own citizens’ property and economic interests, however, the domestic activities of the US increasingly reveal finely honed mechanisms resulting in asset seizure and transfer of wealth.In order to accomplish these aims, certain established checks and balances have been nullified or bought off.
Government regulatory agencies are thus high on capitalism’s “Enemies List.” Many of these regulatory agencies were rendered largely ineffective under former President George W. Bush. The EPA, the FTC and other agencies pledged to protect the public went under administrative chiefs who were unfriendly to regulation and believed that their best governance would be to subvert the regulatory agencies they they were appointed to oversee.
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