Corporatocracy is a term used as an economic and political system controlled by corporations or corporate interests. Corporatocracy means being ruled by an oligarchy of corporate elites through the manipulation of a formal democracy. After the Supreme Court’s decision in the Citizen’s United case, the morphing of the America into a Corporatocracy is complete.
“Fascism should more appropriately be called corporatism because it is the merger of state and corporate power.” – Benito Mussolini
Our nation’s most wealthy individuals (1%) are the ones who hold prominent positions in our new Corporatocracy. Through their corporations and political action groups they control the process of determining our nation’s economic and political policies. What we have now is outright worship of obscene profits and power for those who have purchased all the politicians, and who control every facet of our once nearly free society.
Corporations don’t care about helping America succeed. Corporations exist solely for profit, not public good. If the government stands in the way of their profit potential, they can legally purchase new politicians through unlimited, undisclosed campaign donations. If the salaries of their employees stand in the way higher profits, they’ll eliminate them because they are willing to send millions into poverty just to appease an economic system that values wealth at the top over all else.
We now live in a system full of collusion, corruption, and oppression by the extremely wealthy (1%) and their bought-and-paid-for political puppets who enable this unrestrained greed of corporate and financial titans (i.e. bank bailouts, excessive pay for CEOs).
Our government has become a subsidiary of industry.
“The cancer eating America alive right now is a Corporatocracy where cozy relationships between the power elite dictate policy for the 99%. Americans must surgically remove the corporate cancer from government through direct action and the voting booth, and cultivate new leaders from within the movement. When the people lead, our leaders will have no choice but to follow.” – Carl Gibson
- Huffington Post: The Corporatocracy is the 1 Percent by Carl Gibson
- Rense.com: Corporatocracy, Corporatism, Fascism By Jim Kirwan