Corporatism and Communism: Too Close for Comfort?
Today I actually agreed with the opinions expressed in an article at HuffingtonPost. Don’t worry; I’m not abandoning the moderate ship, small and leaky as it is. Check the article, then see my response below.
I’m a staunch moderate and I applaud this article.
When I worked in the corporate world, I was shocked by the similarities between corporatism and communism: the disdain for individualists, the excessive regard for “team players” (comrades) who follow orders, the Orwellian notion that some team members are “more equal” than others, and of course, the dictatorship of unelected executives.
In other words, here was an ostensibly capitalist enterprise fostering the kind of soul-numbing collectivist values you’d find in the U.S.S.R.
The U.S. has become a plutocracy. Maybe it always was. The triumph of corporatism has smothered most of what was good about free enterprise: the George Baileys have lost out to the Mr. Potters; we’re all living in Potterville now.
How did so many Americans buy into this strangely un-American system? Well, the money was good.
You don’t have to be a leftist to fume about American corporatism. The system needs reforming ASAP: at the very least we need to put ordinary employees on the corporate boards, establish pay ratio limits and stop rewarding executives who make bad decisions. I don’t think the government should be running the companies directly (I’m not that far to the left), but we need to make them accountable to a central board comparable to the Fed.
Then the hard work begins: reforming the culture of corporatism from inside.
The New Moderate