Posts Tagged ‘Tansatlantic Economic Areax’

TEA: Ending Complicit Naivety.

February 15, 2014

Let’s start with an example of crafty duplicity. Krugman in “Monoposony Begets Monopoly, And Vice Versa.

“Nothing to see here, folks, says Comcast. The cable giant’s defenders insist that its already awesome market power won’t be increased if it acquires Time Warner… we see clear evidence that this is nonsense. Comcast’s size gives it monopsony as well as monopoly power — it is able to extract far more favorable deals from content providers than smaller rivals. And if it’s allowed to acquire Time Warner, it will be even more advantaged… should Comcast succeed in acquiring Time Warner Cable, it will use its enlarged scale to its advantage, potentially negotiating to pay lower fees to cable and broadcast networks.

This would, in turn, make it even harder for potential competitors to enter markets served by ComcastTimeWarner, strengthening its monopoly position.” Astoundingly, Krugman naively concludes with:

“What possible justification could there be for approving this scheme?”

Is Paul Krugman deliberately stupid? Is he really that dumb, or just playing one on TV? To try to enlighten him I sent, with my characteristic generosity, the following comment:

Your question at the end is rhetorical: why media manipulation? For the same reason that makes the New York Times practices censorship. Although I have had a full subscription at The Times for more than 30 years, at the same address, I get very heavily censored.

The rise of giant media monopolies is all about controlling the minds of We The People so that the plutocracy can be served in the appropriate frame of mind, ever more. However the arrangement is unstable, and We The People are getting irritated. Thus, the molding of the minds, with ever more censorship and disinformation, has to get ever stronger.

I sent the preceding comment to Krugman, and, of course, he censored it. The New York Times has censored ALL my comments for weeks, including some in the supposedly philosophical section. Apparently I am philosophically dangerous.

The New York Times is (mostly) owned and controlled by the same family of plutocrats since the Nineteenth Century. The company’s chairman is Arthur Ochs Sulzberger Jr., whose family has controlled the paper since 1896. The plutocratic order is articulated around vast, very old families, discreetly controlling the essence of the system, thanks to tax free foundations.

There are the new men, the likes of Larry Ellison, one of the world’s richest men, flamboyant and outrageous. But that’s new money. To some extent, they are decoys: if one accuses Ellison or Jobs, or Brin, or the Facebook guy to be rich, plutophiles reply that they are job creators, and product creators. The same cannot be said of families who paid no tax for centuries, and control everything, behind the scenes.

Clearly someone up high at the New York Times decided my theories about plutocracy were impolite, a form of political pornography, and that, even if I talk about purely philosophical issues, I should be unpublished. (High level employees of the New York Times I talked to denied this, but, of course, they lied. When a person’s salary depends upon telling lies, generally, they will. Same for Krugman.)

Above the new technologies creators, there are the intermediate men, such the Gates, rich and influential, even before Bill was old enough to attend a few months at Harvard. (Founders of locally dominant law firms, such as Gates Senior, used to be rich and influential, although, since the Clinton financial deregulation, they are nothing relative to financial types.)

And then there is the old money, dispersed all over in vast families, foundations, and political organizations, attending the Ivy League and other plutocratic universities.

That plutocratic network is colossally influential: they hold the fort. Run in the Grand Tetons National Park and, in one of the most scenic locales, wedged between the Grand Teton ski resort and the soaring national park, fall on the giant walled estate of the Rockefellers. It goes mountain to mountain, complete with lake. Contemplate that immensity and you will get a feeling for how immense USA based plutocracy is.

Especially if the experience is renewed again and again throughout the USA: go to wild places, and stumble on the barbed wire of plutocratic estates, horizon to horizon (Senator Baucus, leader of Obamacare in the Senate owns such a property). Europeans would never stand for it.

That immense, mostly invisible network of power controls the CEO class (and, in particular, the boards of corporations). Just like the aristocracy of the Middle Ages, they pay less tax, and are racially different from the plebs, being taller.

That old, ingrained aristocracy explains much of the timidity of president Obama. He was awed when he became someone important for the masters of the plutocratic estate. At the same time, he felt cautious: the fate of JFK is clear of all to see, an unexplained, and unexplainable death.

In general, when in a society an order entangled with the Dark Side arises, fake naivety helps those who want to partake in it, without feeling culprit. It’s a form of lying, and, as all good lying, it works better if one really believes in it.

This is how Germans who viewed themselves as morally upright learned to tolerate and, finally, appreciate Nazism.

Nazism came to an unhappy end because the French Republic next door declared war, and attacked. The case of plutocracy in its present state is different. It’s truly a continuation of the old one that produced Nazism, among other things. However, it thoroughly infects for all to see, not just the USA but the planetary order, as it extends all the way to China and Moscow.

Chinese plutocrats are part of the Republic Of Offshore, so are the Russian ones, and, as one can see in Ukraine, the American masters have been cooperating with the Russian masters (an echo of Yalta!)  to deny We The People full control of its destiny.

Hence what we are facing now cannot be confronted with straightforward military force. It’s a metastatic cancer.

That’s why I propose having TEA instead. That Transatlantic Economic Area ought to be irresistible to the greedy. But, like a Trojan Horse, it will allow the Reconquista by administrative law of the economic sphere.

I say Reconquista, because the USA used to be very heavily regulated, until Nixon-Reagan-Clinton corroded and perverted the regulatory machinery. When the USA was heavily regulated, the economy worked very well. (That was the real difference between Hoover and FDR; Hoover was also into public works; Roosevelt cracked down on finance with an astounding ferocity: nobody now, even on the extreme left, even proposes such correct measures.)

The EU has an enormous administration which is much less corrupt than the beleaguered one in the USA. The former can help the latter, especially if the change is fast paced (the plutocratically gangrenous Congress will not be able to intervene nefariously).

Most of the law applied every day is regulatory law. In the USA, the rise of plutocracy has been mostly effected by short-circuiting and outpacing regulatory law (thanks to the succession of the corrupt executive administrations). A TEA (Transatlantic Economic Area) would reestablish the dominance of law, and the right wing could be bought as I said, by the prospect of greater wealth.

How will it do that? Because the Europeans protest more readily, both the plebs and the educated professionals. As it is, the plutocratic process has progressed in Europe, but, mostly, under cover. For example the European Commission is right wing plutophile (Olli Rehn, the commissar of economic policy being the best representative of this quasi fascist policy, which, for instance, has cost Portugal about 10% of its population in 5 years). But this is not widely known. Things are coming overboard after the European elections, in a few months.

(The population of the USA is much more subdued, because, in part, universal, republican education was all too much displaced by the cult of “god”, and the anxiety of “peer pressure” (that is to be politically correct in all ways).)

More regulations will allow the wealth to be shared more than it presently is. Indeed, in the global system we have the place with the lowest regulations imposes its deregulation on everybody else. Right now, that place is the USA, and it imposes its system on Europe. By making its imposition clear and obvious for all to see, TEA negotiations will augment effective regulations in Europe.

A TEA Party in reverse…

Patrice Aymé


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