What Ails America—And How to Fix It

Posted by freedomforall 6 days, 13 hours ago to Politics
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Excerpt:
"At the core of the American crisis is a political system that fails to represent the true interests of the average American voter. The political system was hacked by big money decades ago, especially when the U.S. Supreme Court opened the floodgates to unlimited campaign contributions. Since then, American politics has become a plaything of super-rich donors and narrow-interest lobbies, who fund election campaigns in return for policies that favor vested interests rather than the common good.

Two groups own the Congress and White House: super-rich individuals and single-issue lobbies.

The world watched agape as Elon Musk, the world’s richest person (and yes, a brilliant entrepreneur and inventor), played a unique role in backing Trump’s election victory, both through his vast media influence and funding. Countless other billionaires chipped into Trump’s victory.

Many (though not all) of the super-rich donors seeks special favors from the political system for their companies or investments, and most of those desired favors will be duly delivered by the Congress, the White House, and the regulatory agencies staffed by the new administration. Many of these donors also push one overall deliverable: further tax cuts on corporate income and capital gains.

Many business donors, I would quickly add, are forthrightly on the side of peace and cooperation with China, as very sensible for business as well as for humanity. Business leaders generally want peace and incomes, while crazed ideologues want hegemony through war."
SOURCE URL: https://www.commondreams.org/opinion/why-america-is-failing


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