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Tue

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2009

Pseudo Capitalism – Socialism for the Rich - Book Review by Michael O'McCarthy
Tuesday, 27 January 2009 09:28
by Michael O'McCarthy

Corporations Eat the Poor, Survivors Fed in Halliburon's Worldwide Soup and Gruel Kitchens


Stephen Bindman's just published book, Pseudo-Capitalism - Socialism for the Rich, represents the best critical examination of today's new carnivorous ruling class. Equally important is that this spare, razor sharp volume of example and analysis was written for the average educated layperson.

Not since the quintessentially breakthrough work of C. Wright Mills' The Power Elite (1956) has a volume tackled the complexity that "describes the relationship between the political, military, and economic elite," (people at the pinnacles of these three institutions.) Connects the triangular of this complex prior to and prescient to President Eisenhower's warning about the looming monolith of the "military industrial complex. Therein Mills describes that these people share a common world view:

  • the military metaphysic: a military definition of reality
  • possess class identity: recognizing themselves separate and superior to the rest of society
  • Cooptation / socialization : socialization of prospective new members is done based on how well they "clone" themselves socially after such elites.

These elites in the "big three" institutional orders have an "uneasy" alliance based upon their "community of interests" driven by the military metaphysic, which has transformed the economy into a 'permanent war economy.' And I suggest has been the "capitalist girder" for its foundation since World War II, in whole and in part going back to the War World I when the industrialization the Euro-American capitalist axis was formed over the dying power of the monarchy.

Next came Dumhoff's critical next chapter in defining what the conservatives and neo-conservative hate to admit exists within "democratic" America: that is class division and one form or another of constant class war. Dumhoff explains in WHO RULES AMERICA 1967 (and following updates,) the essence of the burgeoning new ruling class:

"Who has predominant power in the United States? The short answer, from 1776 to the present, is: Those who have the money have the power. George Washington was one of the biggest landowners of his day; presidents in the late 19th century were close to the railroad interests; for George W. Bush, it is oil and other natural resources, agribusiness, and finance. But to be more exact, those who own income-producing property — corporations, real estate, and agribusinesses — set the rules within which policy battles are waged. Domhoff.com

While essential works in the developing zeitgeist, Dumhoff had yet to put the poster face on the American billboard for the working and middle class to see.


Just as the zeitgeist of impending consciousness began to reach the common media of print and electronic commercial sound bites sparking more than a passing notice that the Enrons were multiplying and mortgage bailouts were beginning to torpedo the American dream; as the C-level executives were caught stealing mega fortunes as their sinking corporation left thousands unemployed and others bankrupt, came the recent neo-sycophantic David Rothkopf and his "Superclass: The Global Power Elite and the World They Are Making. There in from the intimacy of his tag along-like relationship to Uber Ambassador Henrique Kissinger, Rothkopf identifies a collection of Super Rich, Super Positioned, Super Starring, Super Somewhat Smart egomaniacal pirate swells who meet dressed in formal attire at the small Swiss hamlet of "Davos."

The purpose of these Salonesque annual banquets benefitting the new breed of Robber Baron, The Davos Man, is best said from the inside:

"Davos man" is an epithet coined by the conservative scholar Samuel Huntington to describe the very specific type that attends the conference. These are people who, as Huntington wrote, "have little need for national loyalty, view national boundaries as obstacles that thankfully are vanishing, and see national governments as residues from the past whose only useful function is to facilitate the elite's global operations." (*)

(*) The rise of the Superclass - Are Bill Clinton, Rupert Murdoch, the pope and Osama bin Laden part of a new global power elite that may make traditional governments obsolete By Laura Miller – Salon .com March 14, 2008.

While the tome put light on the certain character face on these new Uber Managers of world money and power, SUPER CLASS was more the confusing, arcane glamorization of these "greed is good" personages and that of a braggadocio wanna-be than the critical analysis desperately needed by the average soul trying desperately to survive the filleting and disembowelment of his or her bank account and the nation's economy and social well being.

Thus, into this somewhat deliberate and somewhat self-critical but confusing mix of the Davos machine's lies, distortions and the blitzkrieg of their corporate owned state's public and private media comes Bindman's sharply pointed, topically exampled explanation of how this new class controls all the primary institutions of America's life; from birth to grave and how the new "Davos Man" can be expected to leave nothing but the bones behind upon which Joe and Joan, Juan and Juanita, Kendra and Ishmael and Chou and Lin can take their last meals before marching into the war machine's sparse soup and gruel kitchen.

Pseudo-Capitalism is the class analysis every average person has needed and could not find in their corporate owned bookstore. It is a volume by which to understand the world in which they live and the consequences of the class exploitation the Davos machine has unleashed upon the United States, and indeed, the people of the world.

Bindman ought to be granted a Pulitzer for his grand and very deliberate volume.

O'McCarthy disclaimer – throughout the writing of Pseudo he was Bindman's media and editorial consultant; he bears no claim on its exclusive insights and analytical processes; bears no responsibility for its less than revolutionary suggestions of how to deal with the new "cake let them eat cake providers" Corporate Royalists.
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