Dec 09 2008
Time for Breaking Things Up
And I mean breaking things up. Globalization is to the point where we almost have Capitalistic Socialism. Yes, instead of governments controlling everything directly, we have mega-corporations controlling the bulk of commercial output with indirect control by governments via over-regulation. We need do get to more distributive economies that focus on the need of the people rather than the bottom line.
We need shatter this incestuous relationship between corporations and governments which is causing the major economic shock-waves today. We need do get to more distributive economies that focus on the need of the people rather than the bottom line and government control.
The first group that needs to be split up is banking. We need to get back to point where banks cannot only go beyond state lines. We also need to encourage Community Banks, Savings & Loans, and Credit Unions. This will limit the scope of financial troubles. It will also help economic development. Banks tied to a specific area are more responsive to the needs of the area.
Second, we need to look at corporate oligopolies that control too much of particular industries. Ones that come immeciately to mind are in retail, oil, communications, automotive (mainly automobile production), and food processing. Not only do we need to look at how we can break them up, but also, encourage new competition in those industries. There are many idle manufacturing facilities, that could be sold to people who want to get into many of these manufacturing area. In addition, some of these facilities, if there is no need for them in their current industry, could be used for emerging industries like alternative energy.
Finally, we need to consider one other breakup that noone wants to think about. That is the breakup of the United States and the European Union. These two have gotten to the point where they are mega-governments and are not responsive to the needs of the people. In Europe, this would be simple. Since the EU is relatively new, go back to the individual countries. In the United States, this would be more difficult. I do not propose each state going its separate ways (although that would probably be the best for distributism). I am thinking more a regional breakup (i.e New England, the West Coast, etc).
These are just some ideas I have.
By the way, I would add Microsoft to that list of corporations that should be broken up.
That would be part of the second area, the oligarchies.
The Federal government is too drunk with power. I think only with a breakup will we get back to some semblance of self determination and local government without the obtuse interference that is happening now.
We got to do something before the Socialistic Capitalism (or Capitalistic Socialism) turns in to the ultimate for of Socialism which is Communism