Trust corporate America? The crash of the Enron Corp. has called this into
question.
Consider one example in corporate journalism. An article in the Jan. 28
Business Week online was headlined: “Can You Trust Anybody Anymore? The
scope of the Enron debacle undermines the credibility of modern business
culture.”
This thought worries the ruling elites. But it conceals more than it
reveals. Crucially, such thinking assumes what requires explanation.
I mean the public’s supposed faith in corporations before the “Enron
debacle.” When did working Americans believe in corporate rule, with its
so-called free trade and deregulation driving down their living and working
conditions?
Recall that the tendency for corporations to make the lives of the American
public less secure has proceeded legally, well before the Enron meltdown.
Here’s one example. U.S.-based corporations have increased their profits
and expanded market share by using the NAFTA to shift factories from America
to Mexico.
In Mexico, workers are paid very low wages and union organizers are maimed
and murdered. This corporate strategy to boost the bottom line was proposed
by President Clinton and narrowly approved by Congress.
Circles of power have made political hay by trying to misdirect people’s
attention away from corporations and Congress to Mexican peasants, some of
whom have come to California. They are people who can no longer live off
their land, having been crushed by NAFTA-friendly agribusiness, which is
subsidized by American taxpayers.
Such peasants who travel north seek a job. Not the jobs of American
workers, but a job. Under corporate rule of the economy, workers don’t own
jobs. Their bosses do. Keeping this basic fact hard to see is a tremendous
victory for the corporate class.
On a related note, electricity deregulation in California ruined various
small firms and brought suffering to many households. The promise of better
consumer choice partly from Enron proved to be a cruel hoax. In California
and around the world, deregulation of energy has been a disaster for the
majority and a cash cow for the corporate few and the elected officials they
buy to do their bidding.
Now as before, the American corporate state needs public opinion on its
side. Corporate credibility maintains the status quo in the nation, still a
free society by many measures.
Such freedom comes at a price, in more ways than one. Billions of corporate
dollars are spent annually on U.S. election and public relations campaigns.
Corporate propaganda is a way to protect corporate power, scholar Alex Carey
noted in his book “Taking the Risk Out of Democracy: Corporate Propaganda
Versus Freedom and Liberty.”
People aren’t stupid, though some may be stupefied by corporate PR. Those
who aren’t recently protested global capitalism in Manhattan at the World
Economic Forum. Likewise, so did the people at the World Social Forum, held
in Porto Alegre, Brazil.
Elite opinion in America is turning away from the view put forward Jan. 14
by U.S. Treasury Secretary Paul O’Neill on Enron’s rise and demise.
Concerning its collapse, he said on Fox News Sunday: “Companies come and
go… . That’s the genius of capitalism.”
Well, we can agree or not with O’Neill’s statement. But what can we do
about corporations’ ownership of the political system, and what this means
for how people live and work here and abroad?
These questions are now on the margins of the debate, where American
politicians and pundits hope to keep them. Crucially, their agenda is
shaped by corporate competition. Its counterpart flows from social
cooperation. Two visions. One is dominating and breeds dependence. The
other is emerging and encourages independence. Could the stakes be more
important for the future?
Seth Sandronsky is an editor with Because People Matter, Sacramentos progressive newspaper ssandron@hotmail.com
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