Tuesday, December 31, 2013

Neither, money or Capitalism, is harmful, per se, to democracy

An oxymoron? No! the headnote may sound contradictory to the previous one, but its not. Let me explain. Money is just a medium of exchange and Capitalism is a 'profit venture'. Neither demands a monopolizing or hoarding of activity and money. Of course, at one time some of this activity was against the law, until legislators and Supreme Court decisions attenuated that. Hoarding money and property is a human activity; its not a necessary corporate activity. However, the real' humans behind it use the corporate structure to centralize activity and 'monopolize' it. As we have said, a corporation is a legal fiction and doesn't 'really' exist. However, behind every "legal fiction" there are a few 'real' human beings. They will say that the Board and the stockholders ( if its public ) rule the structure, but ask yourself, is the legal fiction operated democratically, where each real individual is 'free' and 'equal' within the corporate power structure? Of course not, most are concerned with struggles underscored by money and corporate power issues. The point is the corporate structure does, in fact, monopolize the economy. Have you ever heard of a 'real' individual, at the Bottom of government, competing with a corporation in the economic field? Never happen. We create our own 'economic monsters'. That wouldn't be so bad, if the government, who helps create them, would keep 'some' sense of control. State governments may issue corporate charters, but Constitutional government can control issues of interstate commerce, monopoly, and 'economic illegality'( not to mention taxation). Why is a legal fiction such a 'strong fiction'? Corporations may be necessary, but they don't govern the People. The People never granted any 'political power' to them; only the Top of democratic government has political power, and that's because its a 'democratic' ( comes from the Bottom) grant of power.

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Democracy For The Bottom by Gilbert Gonzalez is licensed under a Creative Commons Attribution 3.0 Unported License.