The dangers of corporate democracy.
December 17th, 2009by john
I recently finished reading “Pigs at the Trough” by Arianna Huffington. An enjoyable and depressing read. While she railed against the scandals of the early years of this closing decade (the book was published in 2003) there could be no clearer prediction for the intense economic troubles we are currently facing then those inequities and corrupting influences Huffington outlines in her book.
In the four, five years following her books publication it’s clear that things only became looser between wall street and Washington and the lackadaisical regulation became nearly non-existent. Yet once more in the face of excessive and dangerous greed that impacted hundreds of millions of people we still have done little to reform the fat cats working environment.
How long will it be till we collapse for real, unable to prop up a rotten system of economic greed and political influence with tax payer bailouts? Because of the complete failing of our political system as it pan handles to it’s corporate donors, of our public regulatory agencies equally infected with the virus of greed and the very organizations established to benefit shareholders seek only to enrich themselves at the expense of said shareholders, there maybe little to no tax payers left to fork over the money to perform said prop up!
The change has to come with campaign finance reform, yet what initiatives do get passed are worked on tirelessly by those who would seek to punch as many holes in the regulations until they are rendered as ineffective as no regulation at all. I don’t have the answer to the cesspool of corporate corruption and political whoring other then pitchforks and torches. Yet our corporate owned press has seen fit to inhibit, criticize, undermine any efforts of the public to make it’s voice known, in some instances it has actually championed the causes of those who would seek to bankrupt us for their own greed.
The sad irony is that those who have the power to actually influence and remove this system of corporate governance through career politicians are so divided and demoralized that the once proud American ideal of individualism and patriotism casting off the chains of oppressive rules has dissolved into a society of meek lambs who march to irrational drum beats.
That’s my rant for today.













