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Monday, November 26, 2018
LIBERACE AND THE SUDDEN CRISIS OF CORPORATE GIGANTISM NOT GLOBALISM
Sunday, December 12, 2010
RE HIVE-MINDS AND KLEPTOCRATS KRUGMAN MNC BLOBALIZATION BLOG TOPIC SELLING BIG CORPORATE NEWSPAPERS
Commenting on another blog post, he (Krugman) poo poos the notion of the big corporation as bad actor,
fails to impugn the political system, and the bi-partisan understanding, that allowed these very powerful entities to overgrow,
and blames individual bad actors at the tops of the ones most visibly acting bad.
This is not a very helpful image, and wildly distorts what has been going on to drive globalism blobalism in such an unhelpful direction and extent.
Not that corporations themselves initiated the process of accruing too much reach and power, blobalizing everywhere, or are intrinsically bad,
but now that they're there, not very helpful to blame only certain allegedly bad imperial corporate controlling individuals (even if themselves bloblike) manipulating otherwise benevolent MNCS.
The Republicans permanently abandoned the domestic economy, as even someone like Buchanan pointed out in The Great Betrayal, when MNCs, and foreign interests, not imperial American individuals, became so influential in the 70s that there was no going back.
Buchanan's Chapter "Companies Without A Country", contains some passages, which could be multiplied many times in the literature, showing that it is not individual imperial 'bad actors', but the MNC phenomenon itself, which has been allowed to swell and take over politics.
One can find similar history in Prestowitz, Chalmers Johnson, Alfred Eckes, Jr., Gilpin, Gill, Reich, Greider, Batra, and others.
Of course, if you work for a MNC that has a subsidiary corporation that sells newspapers, it's hard to impugn the entity that pays your salary.............
Or, if you are a politician, like say Buchanan, not very popular to attack the corporate powers that be, imperial or not.
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