If we had a world leader who did a State of the World address every year, I'm afraid that the best way to summarize it would be, “It's far worse than its been the past fifty years.” This world wide economic crisis, the worst seen since the Great Depression is what makes it obvious. I declare that the cause of these circumstances is a collusion between governments around the world and a few large corporations that have lead to some of these corporations having organized control over the people. Its called Corporatism.
In the United States, we have a very high national debt but we aren't alone. We are under this mind set that in order to prevent these sorts of collapses we have to rely on the federal governments around the world to form re-distributive policies. I believe it's the exact opposite. These alliances are the grounds that so many ineffective economic policies have been legislated around the world. This is not to say that every company is trying to buy favors, because most are not. Most of them have hired officials that are very conscious about the economy and understand how to make the decisions that benefit their entire work force and their investors, as opposed to creating a class of dependent people through social engineering. Despite the oppressive nature of re-distributive policies, many countries continue to use them today. As a consequence, individual liberties and national sovereignty continues to deteriorate globally.
In our country right now we see so many people that support the current health care legislation that say that the rising costs of health care are putting our businesses at a disadvantage around the world, while at the same time saying that the second highest corporate tax rate in the world isn't. There are member nations of the UN that are quite happy with the direction that we are going in, because they know how economically damaging re-distributive policies are and how they deteriorate competition. There are some government agencies in many countries that are actually private contractors, and some of the contractors have been granted authority over people in many nations through influence of elections and the ability to buy off politicians globally. They do this to prevent competitors from creating the circumstances in which people can succeed. To reiterate, it is important to not automatically assume that a company is fighting for their best interests over the people's when they are contributing to political campaigns. There is a pattern that has developed that does deserve concern. With that said, I assert that Corporatism is the cause of this economic crisis.
Corporatism is an organization in which corporations are given representative authority over people in a society. This is the driving force behind social engineering that has been occurring for some time. The politicians that are involved believe that if they engineer dependency, that they can gain control by complying with corporations who have the the money to influence the elections. This has lead to politicians world wide engaging in social engineering to preserve the established markets for the companies that they are getting big money from. The less people that are capable of managing companies that can compete with the influential companies, the better off the political advantageous companies are. This social engineering is what is causing the crippling of competition, among other things.
As a result of Corporatism succeeding at least to a certain extent in most countries around the world, there has been a loss of individual liberties. This isn't only because of the few companies that engage in it, but it is mostly because politicians around the world have submitted to it because they gain long term positions of representative authority. Being in what is still the wealthiest country in the world, it is time that we take a stand and block this madness from spreading any further hear and voting in the right the people who will reverse this course.
Some may argue that the government must step in to solve these problems, which is true. The difference is in how many of us believe the government should step in. A prime example is the health care debate in the United States. It's driven by politicians who view the profits made by insurance companies as being immoral. The social benefit of profit far exceeds the benefits of taxation by the government, if tax can somehow ever be considered a social benefit. The government should legislate policies that take the costly burdens off these companies without creating regulation-less commerce. The world's regulatory systems are governing on an assumption of guilt instead of prioritizing the resources to catching those that aren't in compliance. The administrative costs incurred by reporting compliance cost these companies money, but it doesn't cost them as much money as it would if they don't report the compliance. The irony is that reporting compliance doesn't necessarily mean they are in compliance, which allows many of them to operate illegally for years unchecked.
One of the other opposing views is that there is a perception that all corporations with a lobby among government officials are responsible for this. Most of those companies understand the economics of the decisions that they make and that they have two main groups of people that they are accountable. They are answerable to the customers and the stockholders. Both groups are hurt by high corporate taxes, in which our marginal rates are the second highest in the world. The publicly traded companies who make millions in profits pay a flat rate of thirty-five percent. All of those taxes are passed on through the price of the products to the consumer, and it also is applied against the value of stocks held by the investors. This places a barricade to the growth of individual wealth and pushes the consumer price index higher.
Corporatism is the main cause of this economic crisis. Leaders around the world have put their aspirations above the well being of the people. The leaders have accepted money from certain corporations that are lobbying against what is good for people by hastily thrusting all the companies in an industry into the same category as those that are lobbying against the general welfare of the people. As a result, a class of dependent people has been created around the world. They are not able to exercise their basic rights, and that has allowed a world wide culture of corruption to set in. The trade-off for receiving government aid is the forfeiture of one's rights. I value rights more than dependence. Which one do you value? Its time that everyone puts their party affiliation aside. Get registered to vote and hit the trail to bring integrity back to Washington, DC. and other world Capitols. If we don't the world will continue to deteriorate.