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Corporatis­m: Oligarchy or Fascism

January 5, 2011

Fascism should more appropriat­ely be called Corporatis­m because it is a merger of state and corporate power.

– Fascist dictator, Benito Mussolini

Actually, corporatism can thrive in either political environment. In fact, the oligarchy that the French Revolution removed was wrapped in with the monarchy. It matters little what type of government, just that corporate elites – meaning the mega-corporations with billions at their disposal – have access to the political process. Here in the United States the Supreme Court last January advanced corporate influence in their ruling that corporations could contribute unlimited amounts of money to political campaigns. This has been protested as it dwarfs individual contributions in essence lessening their voice in government by not having sufficient funds to promote their candidate of choice.

…. the ruling opened wide new avenues for big-moneyed interests to pour money into politics in a decision that could have a major influence on the 2010 midterm elections and President Barack Obama’s 2012 reelection campaign.

The result was……Of the $4 billion spent overall, about $300 million came from nonparty independent groups, whose participation soared this year. Republicans benefited from the new legal environment more than Democrats, with conservative outside groups outspending liberal groups 2 to 1, according to the Center for Responsive Politics. Among the major outside spenders were the Crossroads Groups, the U.S. Chamber of Commerce and the American Federation of State, County and Municipal Employees.

Read more on Supreme Court decision, click here

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