Saturday, October 5, 2013

Is it the Right vs. the Left--or the Right + the Left vs. the rest of us? At the local level, it's the latter.

If the Left seems to think the corporations can do no right, the Right reciprocates by thinking they can do no wrong. The notion that they've already paid the taxes on the money where it was made is part of this touching faith in corporate saintliness. As I said earlier, I don't think corporations are wicked. Just profit-seeking entities which are, however, distorted by the efforts of many of their executive suites to profit themselves, independent of what's done for the shareholders.

Time after time the executive class has managed to decouple itself from the fortunes of both their corporations and their nations (to the degree that the major corporations have any real ties to any one nation). Thus executive compensation has been shown to have zero degree of correlation with corporate profitability.

Yet this small group of a few thousand people, along with their families and hangers-on, have managed to persuade roughly a third of the nation to virtually worship them. To believe that all good in the land flows from their hands. That without them the nation would wither on the vine. And that the only alternative to their unfettered action is some home-grown version of the Soviet State.

How fitting, then, that the high priestess of this secular religion was a lady who'd seen her parents' property confiscated by the Bolsheviks and concluded that all government is inherently evil.

I've concluded that every locus of power is inherently self-aggrandizing and requires some form of checks and balances--and transparency.

For example, my city's government is controlled by right wing developers and left wing public employee unions and trade unions. Public input is solicited, politely listened to, then completely ignored. The only thing the city council listens to--apart from their patrons--is referendums and elections.

And the constant ranting between right wingers and left wingers is useless at this local level, since at this level--as is true in most cities, I suspect--the issue is an alliance of right wing and left wing special interests against the vast majority of the city's residents.

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