Published on
Grit TV

Philanthro-Feudalism Is the Future!

China’s new economic plan is a relic of the past. It focuses on raising standards of living. How quaint!

When China’s leaders unveiled their latest five-year plan recently, they revealed that their focus is on lowering inequality, investing in railroads, highways and hospitals and expanding domestic demand through income subsidies. Fancy that!

Those old world Chinese just don’t seem to get it, that the modern way is the American way: deregulate, concentrate wealth in the top 1 percent and then make sure those at the top don’t pay taxes!

Treated well enough, the rich will fund desperately-needed things like cancer research. Just look at David Koch. Keep government regulators’ hands off his cancer-causing formaldehyde, and he’ll happily put $100 million toward a new Institute for (some) Cancer Research at the Massachusetts Institute of Technology. (As long as it’s named after him. )

It’s the modern new twist on an Old World theme. We call it Philanthro-feudalism.

Those Chinese by contrast, so stuck in the past, are still looking to government to fund government things. They’re even spending public money on public projects—things like broadband internet for peasants and medical and technological research. Communists!

After all this time, they just don’t understand that the best guardians of public dollars are private bankers.

Here at home, we’re making remarkable advances! Our corporations recently gained the right to free speech and they’re so advanced that they’re preparing to spend billions to influence our next election! And a few pesky Wisconsin protesters aside, workers have realized that they don’t need rights, or jobs, or much in the way of wages.

The government of China clearly has a lot to learn. But meanwhile, let’s give ’em our thanks for still buying our bonds—and taking all those jobs off our hands.

One last thing, we’ve learned names matter. The poor aren’t eating so much these days in the US, but don’t call them peasants. They don’t like that. Here we call them consumers.

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Won't Exist.

Laura Flanders

Laura Flanders

Laura Flanders is a best-selling author and broadcaster who hosts the The Laura Flanders Show, where she interviews forward thinking people about the key questions of our time.  The LF Show airs weekly on KCET/LinkTV, FreeSpeech TV, and in English & Spanish in teleSUR. Flanders is also a contributing writer to The Nation and Yes! Magazine (“Commonomics”) and a regular guest on MSNBC. She is the author of six books, including The New York Times best-seller, BUSHWOMEN: Tales of a Cynical Species (Verso, 2004) and Blue GRIT: True Democrats Take Back Politics from the Politicians (Penguin Press, 2007). The Laura Flanders Show first aired on Air America Radio 2004-2008. You can find all her archives and more at or via Twitter @GRITlaura

Share This Article

More in: