Capitalism



Tom Fency tomfency at hotmail.com
Fri Jul 23 15:12:12 CDT 2004


Look at that, folks, an excerpt of an article by Thomas Bass, titled 
"Poliphony and Parasites", caught again on the web. Talks about how large 
corporations adopt the perspective of parasitism in their relationship with 
the Internet, taken as a multimedia entity -- the parasite views this domain 
as its habitat as well as its host. It's very stimulating (Oh God, how I 
worship that 3W thing):

"Through the legend of market dynamics invisibly selecting the right price, 
the units of capitalism, increasingly calibrations of legitimacy, percolate 
through an already contaminated and lackeyish
connected population furthering their satisfaction with a brew of 
tranquilizing potency. But revoking the atrocities of capitalism, as so 
publicly done by one of the financial markets' most successful
speculators, protects such perpetrators from charges of monetary 
megalomania, especially when coupled with magnificent paternal philanthropy. 
Similarly, oligopolies rely on their own media organs to
highlight their minimal largesse while, among other loopholes, 
intracorporate trade among subsidiaries dodges the efforts of nation-states 
to implement taxation as well as regulatory mechanisms
on transnational corporations. Blind to the nets once blissful and even 
nostalgia-tainted chaos -- where its very proliferation relied on the piracy 
of software -- media, finance, and manufacturing conglomerates are pushing 
for the re-jurisdiction of product through extending copyright and trademark 
agreements while demanding strict punishments for piracy and infringement. 
Incessant currying in the halls of power only exacerbates the favoritism 
extended to business. In combination these techniques give a certain 
invulnerability to such organizations, protecting them from protracted 
critique while also consolidating decrees and guarantees within the market, 
a market laced
with the glyphology of consumerism whereby all aesthetic is subsumed to 
evoking corporate anthems. Indeed, these oligopolies take advantage of the 
facelessness of the net, operating in the immaterial and thus disguising its 
limited membership."


>From: "L. Bird" <pkeets at hotmail.com>
>Reply-To: The Who Mailing List <thewho at igtc.com>
>To: thewho at igtc.com
>Subject: RE: Capitalism
>Date: Fri, 23 Jul 2004 19:30:17 +0000
>
>>>Have I been mistaken this whole time to think that Capitalism and free 
>>>market
>>economy were synonymous with each other? That's scares me.
>
>>No.  No need to be scared.
>
>There may be.  Don't get complacent yet.  ;)
>
>Here is an explanation of our differences on this subject from  
>http://www.geocities.com/webvenue/capitalism.html
>
>++++++++++++++++++++++++++++++++++++++++++++
>"Capitalism" is conventionally defined along economic terms such as the 
>following: An economic system in which the means of production and 
>distribution are privately or corporately owned and development is 
>proportionate to the accumulation and reinvestment of profits gained in a 
>free market.   Source: Dictionary.com
>
>This is an example of a definition by non-essentials. An essential 
>definition of capitalism is a political definition:  Capitalism is a social 
>system based on the principle of individual rights.    Source: 
>Capitalism.org
>++++++++++++++++++++++++++++++++++++++++++++
>
>Again, we're back to that confusion of capitalism with democracy and a free 
>market system.
>
>For many years Capitalism as a political system was defined by the 
>opposition of Communism as advanced by the USSR and other highly socialist 
>states that also used central planning instead of a free market economy.   
>However, it's important to note that our US political system is a mixture 
>of capitalist and socialist elements.  What we've been experiencing is not 
>pure capitalism.
>
>The failure of Communism as a political system has removed what was an 
>important reminder that pure capitalism can lead to war and revolution and 
>a forced redistribution of wealth.  I was interested to note that Linda 
>McQuaig's dateline for the emergence of "Gangster Capitalism" concided 
>fairly well with the dissolution of the USSR, which suggests that fear of 
>Communism has kept Capitalism as a political system in check for most of 
>the 20 Century.  Since Communism is gone, then we're seeing a change in the 
>political system which is pushing us more toward pure capitalism as an 
>economic system.
>
>We need to have a look at that problem of a world with a single world power 
>again, and the abuses that can occur with unchecked profiteering.  If not, 
>then we might find the US opposed by a new power in Europe.  Notice how 
>things polarized around the Iraq conflict?  Russia, Germany and France 
>moved to set up an alliance right away.
>
>keets
>
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