For decades, the largest U.S. companies have battled to impose an unwritten doctrine of mercantilism, which over time, has normalized monopolistic industry standards.
This avaricious American phenomenon was a death knell for its older predecessor from the Western world. This prototype for equal opportunity economics was founded first on Nordic-European premises for monetary policy — a double-edged sword called “the enforcement of compassionate capitalism to maintain a free-market economy. In other words, Europe’s nations of Sweden, Finland, Norway, and Denmark are the originators of what was later plagiarized in the U.S. as “the American Dream.”
In his comprehensive report published by the Foundation for Economic Education, news editor David Bruining solidified what is now common knowledge in the Western world, for the most part. Another contentious debate among Western powers involves quarrels over the original nation, which set the first standards of modernity for the current era One thing is for certain, however.
A nation’s bold claims about modernity will literally degenerate its society back to living deep within primitive, Neanderthal-era depths — if enforcing compassionate capitalism for the purpose of continually operating a free-market economy in its most genuine form is not the law of the land.
While historians from other Western powers still beg to differ (the European and American governments that dabbled in slave trading and colonial pillaging to build their economies), Bruining wrote that the Nordic nations designed the original playbook to protect justice, in terms of money. He also refuted proud historical claims by socialists that their economic model pre-eminently prevented dispassionate capitalism throughout the modernized highways and byways of nations across the globe.
“Capitalism is a dynamic system, constantly changing and evolving because of opportunities for profit and property,” Bruining writes in his editorial, which is titled “Nordic Economics Explained: The Difference Between “Compassionate” Capitalism and Socialism.”
“This ideal seamlessly fits with many other economic systems that naturally evolve—much like the Nordic model. Progressives like to believe that America is in need of such an economic evolution. The poor are so far away from the rich that socialism—of all things—is a necessity. Americans, we’re told, need equality across all sectors, all markets, and all classes,” he continued.
Unfortunately, what Americans are told and sold does not provide clarity about how the system really works.
“It is time they were told the truth,” Bruining adds.
Religiously today, the U.S. general public is always being conditioned by big corporate marketing strategists to normalize make-believe. The business behemoths in the world of bricks-and-mortar and e-commerce push narratives that claim a higher selection of better quality goods, sales increasing in terms of volume, and raising the costs of their market or consumer-based services are the keys to increasing profits. Keeping costs competitive is another key component of a free-market economy.
But protecting the anti-competition environments of the U.S. market economy’s example was won decades ago. Out were the days of old where a David-minded small business leader could seize the market share of a corporatized Goliath — who did not pay his taxes and was forced to flee the marketplace. To prevent any more Davidian firms from winning, the “too big to fail” industrial standard was engineered by Big Business lobbyists who represented the corporate monopolies on Capitol Hill.
When lobbyists get their way with Congress and the White House, they endorse the insertion of oligarchal-minded market regulators. Once inserted, they enforce government-sanctioned standards, which are in lockstep with America’s foreign-owned Central Bank and its private for-profit self-interest groups. Finally, central banking leaders activated monetary policies, which rewarded firms owned by plutocrats (like Elon Musk and Jeff Besos) with more corporate welfare handouts.
As a result, the market’s biggest plutocrat-owned companies saw profits swell astronomically. It doesn’t take a rocket scientist to see why. Over time, the U.S. government’s welfare programs for the big businesses have allowed firms to dramatically decrease annual tax liabilities — as the rates of corporate profits have increased dramatically at much higher rates. Economist Robert Riggs speaks to all of the aforementioned Americanized processes of draconian capitalism — that have destroyed societal modernity.
“For decades inflation has been contributing significantly to the ill-being of America’s free-market economy, and during the most recent decade, its virulence has increased,” Riggs wrote in a research paper for the Independent Insitute.
“The effects are multiple and interactive. Financing of the government’s huge budget deficits by the invisible tax on monetary claims—the modern counterpart of taxation without representation—shifts real wealth from the private sector to the control of the government, defrauding public bondholders in the process. The combination of our tax laws and inflation creates disincentives for investment,” he continued.
Leave it to The U.S. motion picture film industry has played a duplicitous role — in the depictions of an oppressive American economic system where access to financially-based justice has never been sustainable. The famous “Greed is good” movie line from fictional character Gordon Gekko (played by Michael Douglass in the 1987 film titled “Wall Street”) glorifies a nation with a plague on the rise.
It is also worth noting that on a globalist stage, the U.S. continues to death with economic isolation due to its failing education system. Most U.S.-based young adults of college student-age lack the wherewithal to gain the educational training necessary to compete in globalist-drive industries, which are exploding in economies across the world. Modernity will certainly be lost and today’s best for it will certainly not be standardized against the U.S. system.