The Meaning of OppositesBy Charles Sullivan
10/03/07 “ICH” — – -One can no longer understand US governmental policy on the basis of conventional language or traditional wisdom. Language itself and its long-established meanings were long ago twisted and distorted in order to deceive the people. Now war is peace and terror and occupation is liberation. In order to make sense of what is happening, it is important to understand everything within the context of a specific economic philosophy, and the distorted capitalist system that spawned it.That ideology was crafted by a diminutive economist named Milton Friedman, at the University of Chicago some five decades ago. The holy trinity of Friedman’s version of capitalism—privatization of the public domain, corporate deregulation, and deep cuts in social spending—has resulted in enormous societal inequity and socio-economic classes. It has given us the haves and the have-nots, the haves and the have-mores.
Friedman and his disciples, collectively known as ‘The Chicago School’ do not believe in a minimum wage—much less a living wage, unions, worker rights, environmental protections, worker safety, or any other kind of restraint imposed upon corporations. In Friedman’s view, the market should rule and profitability should be the guiding principle, the end results always justifying the means.
The implementation of Friedman’s version of unfettered capitalism relies upon munificent corporate welfare, tax cuts to the wealthy, exploitation of workers, and the outright theft of other sovereign nation’s natural wealth through military force—including oil and minerals, water supplies and other societal infrastructure; cheap labor, and a procession of consumers of goods and services without limits—an impossibility in a closed ecological system.