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Official Washington cannot tell the American people that the real purpose of its gargantuan military expenditures and belligerent interventions is to make the world safe for General Motors, General Electric, General Dynamics, and all the other generals.
Sep 24, 2025
Phelps has given us a clear warning of the dangers of corporatism. I hope that more people hear and heed the warning.
Corporatism trying to redeem itself through charity is akin to a serial killer offering to pay a fine for his crimes.
It's good to trust others but, not to do so is much better.
We know now that government by organized money is just as dangerous as government by organized mob.
The liberty of a democracy is not safe if the people tolerated the growth of private power to a point where it becomes stronger than the democratic state itself. That in its essence is fascism: ownership of government by an individual, by a group, or any controlling private power.
Democracy is beautiful in theory; in practice it is a fallacy.
That, in its essence, is Fascism — ownership of Government by an individual, by a group, or by any other controlling private power.
It is one of the great ironies of corporate control that the corporate state needs the abilities of intellectuals to maintain power, yet outside of this role it refuses to permit intellectuals to think or function independently.
Women do not have to embrace principles of imperialism, corporatism and militarism in order to be a feminist. There is another feminist choice, which is consistent with the broader principles of feminism.
To condemn free-market capitalism because of anything going on today makes no sense. There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political parties. One may condemn the fraud and the current system, but it must be called by its proper names Keynesian inflationism, interventionism, and corporatism.
The State certainly played a decisive role. I also believe that it may have stemmed from the rivalry itself. Grow or die, devour or die. That's the one problem that I have to wrestle with. I have to wrestle with whether or not rivalry in the free market does not ultimately lead to concentration, corporatism, and finally totalitarianism.
Leaving traces of ourselves, as in creative productivity, could then be seen as part of the definition of consciousness for us as well. We know that in order to progress we must stretch for something just out of reach--if only for a life that will be more compassionate and decent than the cruelty, paranoia, greed, narrow corporatism, or narcissism we mostly indulge in and find such ample justification for. And so we dream.
Our civilization is locked in the grip of an ideology - corporatism. An ideology that denies and undermines the legitimacy of individuals as the citizen in a democracy. The particular imbalance of this ideology leads to a worship of self-interest and a denial of the public good. The practical effects on the individual are passivity and conformism in the areas that matter, and non-conformism in the areas that don't
In poor countries, officials receive explicit bribes; in D.C. they get the sophisticated, implicit, unspoken promise to work for large corporations
That's how we slide, and while we slide we blame the world's problems on colonialism, imperialism, capitalism, corporatism, stupid white men, and America, but there's no need to make a brand name of blame. Individual self-interest: that's the source of our descent, and it doesn't start in the boardrooms or the war rooms either. It starts in the home.
The major western democracies are moving towards corporatism. Democracy has become a business plan, with a bottom line for every human activity, every dream, every decency, every hope. The main parliamentary parties are now devoted to the same economic policies - socialism for the rich, capitalism for the poor - and the same foreign policy of servility to endless war. This is not democracy. It is to politics what McDonalds is to food.
If it's not accepted that big government, fiat money, ignoring liberty, central economic planning, welfarism, and warfarism caused our crisis, we can expect a continuous and dangerous march toward corporatism and even fascism with even more loss of our liberties.
I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country... corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.
I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country.
We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world.
I hope we shall . . . crush in [its] birth the aristocracy of our monied corporations.
I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.
Now listen to the first three aims of the corporatist movement in Germany, Italy and France during the 1920s. These were developed by the people who went on to become part of the Fascist experience: (1) shift power directly to economic and social interest groups; (2) push entrepreneurial initiative in areas normally reserved for public bodies; (3) obliterate the boundaries between public and private interest -- that is, challenge the idea of the public interest. This sounds like the official program of most contemporary Western governments.
...to make the world safe for democracy.
We had to struggle with the old enemies of peace - business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering
The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson...
I think the biggest single issue is income inequity and what this is doing to the good old "American dream." This and corporatism - this delusional idea that "shareholder value" outweighs everything else.
We had to struggle with the old enemies of peace - business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering. They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob. Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me - and I welcome their hatred.
In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.
The potential for the disastrous rise of misplaced power exists and will persist.
Benito Mussolini created the word 'fascism.' He defined it as 'the merging of the state and the corporation.' He also said a more accurate word would be 'corporatism.' This was the definition in Webster's up until 1987 when a corporation bought Webster's and changed it to exclude any mention of corporations.
All corporatism - even when practised in societies where hard work, enterprise and cooperation are as highly valued as in Korea - encourages inflexibility, discourages individual accountability, and risks magnifying errors by concealing them.
The acceptance of corporatism causes us to deny and undermine the legitimacy of the individual as citizen in a democracy. The result of such a denial is a growing imbalance which leads to our adoration of self-interest and our denial of the public good.
The Liberal Party abandoned the principles of reform and social liberalism and has become, instead, just another piece of political machinery in the service of corporatism.
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