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U.S. Bush administration seeks to fool the world that Capitalism is about Freedom and Democracy

by Pierre Grenier

 
 

Nobel Laureate Milton Freidman had championed in his book of the specific title Freedom and Democracy.

Neo-conservatives intellectuals and corporate elites are championed globally by the U.S. President George W. Bush administration. According to the rhetoric of the Bush administration, their efforts to "make the world safe for capitalism" via "Economic Globalization" and the "War on Terrorism", is out of a desire to affirm "freedom and democracy". Capitalism is NOT about "freedom and democracy", as the Establishment economist and Nobel Laureate Milton Freidman had championed in his book of the specific title Freedom and Democracy. Capitalism is a political economic system, which seeks to facilitate the materialistic ambitions and insatiable pursuit of commercial profit by "owners of capital". Capitalism is not about affirming rights of 'people' in a democracy.

In sharp contrast, capitalism destroys the rights of people by sacrificing those rights to the pursuit of materialistic ambitions and insatiable pursuit of commercial profit by the "owners of capital".

Evidence of this is all around us, to be seen by anyone who seeks to critically appreciate the apparent undermining of civil rights in communities and also in the workplace; to the undermining of environmental protections. The international economic system is being dysfunctionally consolidated around the ability of a clique of capitalists in the name of an ethos of "growth", to pursue well-documented destructive commercial profit objectives; and that is taking place domestically as well as abroad.

In a capitalist system, the pursuit of the commercial profit objectives is best secured when people, for example, can be cajoled into working for as close as possible to "zero" levels of compensation for their labour. A principal intent of "Corporate Globalization" is to destroy the integrity of minimum wage laws in Canada, the U.S., and Europe, by the farmed-out use of exploited workers abroad in places like India and China, and the use of exploited illegal immigrants in the Western societies themselves.

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Eventually, capitalists hope that the mass unemployment created by the practice of Big Business-oriented "Economic Globalization", will force workers in Western societies to abandon minimum wage laws, in favour of also working for pennies a day.

Yes, capitalists thrive in a system of enforced exploitation and oppression. In this milieu commercial profits can continue to grow unencumbered by "needlessly" protecting human rights and personal liberties, including "silly things" like privacy, in a democracy.

A responsible democracy, protects members of a society from capitalists who seek to exploit and oppress members of the society. Therefore, the U.S. Bush administration seeks to advance "Western industrial" capitalist objectives through "Economic Globalization" and the "War on Terrorism", NOT in support of "freedom and democracy", but at the expense of "freedom and democracy". Recommended further reading: Capitalism is Not Democracy, Part I, ISBN: 1894934636, 2006 or Quality-of-Living and Human Development, ISBN: 1897036353, 2006.

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