JOHN CHUCKMAN COMMENT: CORPORATE CONCENTRATION GIVES AN ILLUSION OF CHOICE IN BUYING – MORE IMPORTANTLY IT GIVES AN ILLUSION OF DEMOCRACY IN GOVERNMENT   Leave a comment

John Chuckman

COMMENT POSTED TO AN ARTICLE IN INVESTMENTWATCH

 

“Illusion of choice: 6 corporations control 90% of US media outlets, 10 corporations control almost every product bought by consumers globally, 1 non-profit institution controls US presidential debates, 1 family owns the banks in all but 3 countries across the globe” 

 

To “Illusion of choice’ of choice you can add Illusion of democracy.

Such concentration of corporate wealth and influence is at the root of all the nation’s most serious problems.

In a way, it very much is as though we were talking about the great aristocracy and church officials of France before The Revolution, say, in 1780.

Many of the problems are similar.

And while America maintains an elaborate Potemkin Village of democracy, the underlying reality is that these people run the show.

Posted May 9, 2017 by JOHN CHUCKMAN in Uncategorized

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