January 22, 2022

U.S. Veterans

U.S.A Veterans News, Support & Information

How Big Business Destroyed The American Dream

2 min read

How did big business destroy the American dream?John Iadarola and Thom Hartmann break it down on The Damage Report. Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/

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Read more here: https://www.penguinrandomhouse.com/books/646548/the-hidden-history-of-monopolies-by-thom-hartmann/

"American monopolies dominate, control, and consume most of the energy of our entire economic system; they function the same as cancer does in a body, and, like cancer, they weaken our systems while threatening to crash the entire body economic. American monopolies have also seized massive political power and use it to maintain their obscene profits and CEO salaries while crushing small competitors.

But Thom Hartmann, America’s #1 progressive radio host, shows we’ve broken the control of behemoths like these before, and we can do it again.

Hartmann takes us from the birth of America as a revolt against monopoly (remember the Boston Tea Party?), to the largely successful efforts of both Presidents Theodore and Franklin Roosevelt and other like-minded leaders to restrain corporations’ monopolistic urges, to the massive changes in the rules of business starting during the “Reagan Revolution” that have brought us to the cancer stage of capitalism.”

Read more here: https://www.thomhartmann.com/blog/2018/01/america-was-birthed-opposition-corporate-monopoly

"The sales pitch that David Koch was running on in 1980 on the Libertarian ticket was that government is bad, corporations are good. You can trust corporations.

But the reality is that the government that we have, which perhaps millions of Americans have literally fought and died to create and protect – George Washington had three horses shot out from underneath him trying to create this government – should be of, by, and for we the people, to paraphrase Abraham Lincoln.

Corporations are never of, by, and for we the people, corporations are always of, by, and for the profit. And there’s nothing wrong with that intrinsically unless it is absolutely unregulated, which is the direction that we’ve moving since Reagan stopped enforcing the Sherman Antitrust Act in 1983.

What the Koch brothers are basically saying is: the government is terrible, you can’t trust yourself to govern yourself, so we will govern for you by controlling the economy. It’s the economy is more important than democracy. The marketplace is more important than democracy."

#TheDamageReport #JohnIadarola #TheYoungTurks

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