The Politics of the Paper Economy
FROM THE early English colonial corporations through the period of railroad building and the growth of Standard Oil et al. to the present era of immense corporate enterprise, business activity has always tended to be a form of government. Business is the politics of production. But business is a fairly irresponsible form of government since ostensibly it is bound only by its own self-interest. Also, it is unfortunately authoritarian: we have two governments in the United States, only one of which is clearly subject to political action of the electorate.
Given our commitment to technology, this second non-democratic government is necessary. And it is not such a bad government, in the sense that it still works pretty well, and without undue reliance on police power. But from the point of view of the development of a viable democratic culture, it is a disaster. The second government governs mostly by denying its own existence-which requires immense ideological distortion-and by additional domination and perversion of the entire national culture, which it finances. It directly attacks and covertly undermines its weak sister, the official government, on a continuing basis. If the traditional state exists by virtue of a domestic monopoly of armed force, then our second form of government exists through the exercise of a monopoly of effective fabrication.
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