American Mantra: Free Market Capitalism and Obama

Free Market Capitalism remains the dominant American ideological truth. The decline of communism opened the door for unrepentant free marketers to boldly espouse market competition as the final solution for global harmony. According to the American mantra, if given the opportunity to freely develop, the marketplace will solve all evils. We will enjoy economic expansion, individual freedom, and unlimited bliss by fully deregulating and privatizing society’s socio-economic institutions.

The selection of Obama as the U.S. President placed into power the party of the trilateralist wing of the American corporate elite. Obama’s business/government revolving-door cabinet is comprised of just as many corporate CEO’s and business elites as any presidency in recent history. This new government elite will continue the work to see that the American mantra remains safe, globalized, and unchallenged.

Pesky socialist or nationalist leaning governments will be undermined, pressured into compliance or even invaded if they dare to resist the American mantra. The full force of U.S. dominated global institutions: WTO, World Bank, IMF, NAFTA, will focus on maximizing free market circumstances and corporate access to every region of the world.

Economic safety nets, environmental regulations, labor unions, human rights, become second place to the free flow of capital and investments. Indigenous resisters face overt repression, disappearance, or imprisonment by governments fully armed and supported by the American dominated New World Order.

So what is the underlying rationale for this American mantra? Are its dogmatic beliefs based on specific socio-economic facts? Are free market forces clearly the best mechanism for human betterment? Do these mechanisms work cross-culturally and are they efficient under all circumstances?

A closer examination of the American mantra reveals that “free market” essentially means constant international U.S. government intervention on behalf of American corporations. A public-private partnership that utilizes U.S. embassies, the CIA, FBI, NSA, U.S. Military, Homeland Security, Department of Commerce, USAID, and every other U.S government institution to protect, sustain, and directly support our vital interest —U.S. business.

American mantra institutions push market deregulation that transforms foreign economies for the benefit of U.S. businesses. Post-NAFTA Mexicans are now importing U.S. grown corn for their tortillas, as millions of formally subsidized peasant farmers leave the land to seek minimum wage work in the cities of United States. Los Angeles has become the center for new American sweatshops, as “illegals” compete for poverty jobs, citizens cannot afford to accept.

Government-assisted foreign market penetration by U.S firms often results in the buying out of successful indigenous companies and the competitive overwhelm of others. This situation leaves U.S. multinationals in dominate positions in foreign domestic markets and creates win-fall profit taking opportunities.

The free market mantra carries with it shock treatment policies of lowering public expectations, forced austerity measures, and dismantled human services. A privately run water system is deemed superior to a public system because the profit motive will create maximum efficiency. Yet there is absolutely no research that systematically compares public verses private efficiency levels, only the dogmatic assertion that this is so.

The American mantra affects the U.S. population as well. Poverty and unemployment are rising, the working poor expanding and homelessness one pay check away for many.

It is time to re-examine the American mantra and speak for global humanity. We must establish business socio-economic accountability standards and reacquaint our government with its responsibility for maintaining the common good.

Peter Phillips is a professor of Sociology at Sonoma State University, and former director of of Media Freedom Foundation/Project Censored. He wrote his dissertation on the Bohemian Club in 1994. Read other articles by Peter, or visit Peter's website.

10 comments on this article so far ...

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  1. Deadbeat said on January 1st, 2010 at 6:55pm #

    It was a decent article until it got to its conclusion then it petered out.

  2. Wingnut said on January 2nd, 2010 at 6:33am #

    Hi Mr. Phillips, Hi Deadbeat, happy new year to everyone, as applicable. Deadbeat, cute how you said “petered”… as Peter is who wrote the article. But really, DB, give the man some input on his subject matter, not just his writing style… if you please.

    Is “mantra” the same as “policies and beliefs”? (I suppose I should go look-up the term in something official, but I’m butt-draggy this morning.) For the time being, I’m going to treat “mantra” as policies and beliefs. Generally speaking, policies (and thus laws as well) are based-upon beliefs… and these beliefs are very often… self-bullshitings.

    Mr. Phillips… first… know that quite a few of us 25 -year boat-rockers… have long-ago begun to “re-examine the American mantra and speak for global humanity”. (We also do animals, plants, and bugs, as we don’t discriminate against any living things.)

    But IS IT an “American” mantra, or a Colombian Freemason mantra? One must ask one’s self what IS the TRUE story of the Colombian Freemason pyramid scheme symbol on the back of the USA dollar, and what IS the TRUE story behind the USA gov being in a district of Colombia. If you think folks should/could do a re-examine of something VERY suspicious, start there. Do a Google IMAGE search for ‘pyramid of capitalist’. Notice that capitalism was first seen-through as a con/sham… way back in 1911. Yet folks bought into the thing… hook, line, and sinker, and never asked if a string was attached. Now THAT’S easy fishing, eh?.

    Now, one COULD ask one’s self… WHO were forced to join AmWay (American Way)… and WHO are volunteer joiners/condoners/promoters. When the parenting policy/mantra changed from share share share… to fight fight fight… for children near/at age 18, what causes that? Is that “tradition”? Puritan work ethic? Those who are born set-for-life… never get that policy change. At age 18, they aren’t thrown “out there” into the great sharktank of bills bills bills, or given sch freedom of choice as… join the empire or starve, do it or else, measure up or perish, earn your keep, pull your weight, stand on your own two feet. Those are NOT mantra for set-for-lifes. Instead, at age 18, set-for-life kids are given land and a big account… plenty to build a nice house-with, and still have plenty to NEVER EVER EVER “get a job or starve”. The daily toil for those 5% lucky enough to be born set-for-life… is to figure out where they are shopping today and what restaurants they’ll be eating-at. So, one might ask one’s self… WHICH American mantra are we talking, here? The one(s) for set-for-lifes… or the one(s) for set-for-servitude (working FOR others in a HAVE TO OR ELSE situation, versus working WITH others in a GET TO if wanted situation).

    Yep. many of us already know capitalism is a disgusting pyramid scheme. It really won’t do any good to examine, scrutinize, investigate, weigh, or report-on… any of it. We Christian-ish communalists/socialists have been reporting on its every nook and cranny for many years now. Few are listening. We anti-capitalists are NEVER invited onto TV talk shows, we aren’t allowed to own media joints/microphones, and only rarely does a Michael Moore-type “get to” blast trough the rhetoric, beliefs, and policies of a country demented with the “yay America… ain’t we really something” compete-with-everything mentality that’s been donned like bad clothing by most of America’s fished-in imperialism-loving sheeple.

    Ok, speaking of bought-into self-lies, lets look at some of the main beliefs that have sent the USA down this “drive a railroading off a cliff” pyramiding train track to hell.

    1. Competition is healthy.
    – This is actually quite wrong, and cooperation, its opposite, is actually the healthy one. Some say we had to be cooperative just to get capitalism so widely loved… and that’s probably true. Many capitalists seem to condone each others actions, and USA society tends to define the word “success” as MONETARY success… while ignoring the many many criteria of “value” OTHER THAN money.

    2. Its only business, don’t take it personally.
    – Guess what? Screwing with rationing of wellbeing coupons (money)… when its used EXCLUSIVELY as the way people get survival supplies… is a VERY personal thing. Servitude/inequality-infested pyramid schemes like capitalism… are very personal. And, they ALWAYS collapse, just like the servitude/inequality-infested childhood pyramids that we repeatedly failed-at in the playgrounds and farmyards when we were kids. Too bad that few learned about pyramids then, and too bad that few know that the Great Pyramids are out in the planet’s sandbox as study reminders.

    3. Whatever the market will bear.
    – This has evolved into “Whatever we can get away-with” Yes we ned bigtime government regulation, but first, we need moral government… as in… we need nuns in charge or something similar. Farm moms will work, too. They loved everyone, especially the little ones. Loving the little ones is what is needed… and capitalism will NEVER do that.

    4. There’s nothing wrong with making a good profit.
    – We anti-caps now have a list of about 28,674 things wrong with making a good profit. This “nothing wrong” blinder and cock’n’bull has been poignantly and easily proven to be a blatant lie.

    5. Here’s a secret one. The government and the capitalists are the same people. The government tries to hide this by claiming that “The Fed” (the folks who own all the can’t-be-owned-by-public AmWay coupons) (money)… isn’t government or capitalist. Well, the “Fed” is both, in my opinion. Anyhoo, each AmWay note (dollar) has “Federal Reserve Note” written on it, and each has no title of ownership. So money, can’t be owned, and thus… “your hard-earned money” and/or “taxpayer dollars”… are both self-lies… and HUGE ones. Even ownership itself… is cock’nbull… because most owned things were purchased using AmWay coupons, and THEY can’t be owned… except by the pyramid-scheme-running/owning “Fed”.

    Many us know exactly what the USA herd control system is. Its a pyramid, imperialism, or empire, pick your favorite term. All three phenomena are packed with inequality, servitude, and felony extortions such as “join or die”, “get a job or starve”, “do it OR ELSE”, “pay up or lose your wellbeing”. That last one is felony extortion in the flavor of Chicago mobs before Elliot Ness busted it. Now EVERYONE who participates in the pyramid scheme called capitalism… force-in or volunteer joiner… is a member of the “pay up or else” felony mob.

    Okay, I guess that’s enough for this round. Ya’ll be good. Abolish economies and ownership, make monetary discrimination illegal, do it worldwide, and HURRY!

    Best Regards!
    Larry “Wingnut” Wendlandt
    MaStars – Mothers Against Stuff That Ain’t Right
    Bessemer MI USA

  3. Don Hawkins said on January 2nd, 2010 at 10:51am #

    Free market Capitalism and I see library’s are closing here in the States something to do with this little financial crisis darn can’t get that copy of Atlas Shrugged I wanted to read again. AIG and Goldman I hear it’s required reading.

  4. Max Shields said on January 2nd, 2010 at 11:12am #

    Is “free market capitalism” like Obama is a “socialist”? Seems so.

  5. Max Shields said on January 2nd, 2010 at 3:20pm #

    If a small group of elite banksters and Wall Streeters and their lobbyists (monopolizing the laws and legislative process) is “free market”, then what’s an oligarchy?

    No, there is no Free Market Capitalism any more than Walmart is a green local first mainstreet business.

  6. Don Hawkins said on January 2nd, 2010 at 4:02pm #


    A form of government in which the supreme power is placed in the hands of a few persons; also, those who form the ruling few.

    Ok let’s go with everything should be made as simple as possible but not simpler.

    How about a form of government where there is no supreme power but the power is in the hands of the many. Could it work let’s hope so because the supreme power now in the hands of a few persons; also, those who form the ruling few in an out of control system doesn’t seem to be working very well in twenty ten as strangeness spreads though out the land.

  7. Don Hawkins said on January 2nd, 2010 at 4:22pm #

    Let’s see one group or company I know Goldman Saks the people who are on the top floor does that business control them or do they control it? Oops the Fed or the Treasury is the system in control you know feed the system or do human’s control the system? Probably make up the rules as they go along on the third planet from the Sun. Is it time for lunch yet? From what I understand if say Iran or the general area starts having a few minor problems there will be a flight to safety a Wall Street term and bingo the dollar goes up maybe as a barrel of oil at $300 or more could put a monkey wrench in the system but that’s right we have those reserves as strangeness spreads though out the land. Nice game of checkers cup of coffee.

  8. Don Hawkins said on January 2nd, 2010 at 5:18pm #

    The head of Mossad, Israel’s overseas intelligence service, has assured Benjamin Netanyahu, its prime minister, that Saudi Arabia would turn a blind eye to Israeli jets flying over the kingdom during any future raid on Iran’s nuclear sites.

    Earlier this year Meir Dagan, Mossad’s director since 2002, held secret talks with Saudi officials to discuss the possibility.

    The Israeli press has already carried unconfirmed reports that high-ranking officials, including Ehud Olmert, the former prime minister, held meetings with Saudi colleagues. The reports were denied by Saudi officials.

    “The Saudis have tacitly agreed to the Israeli air force flying through their airspace on a mission which is supposed to be in the common interests of both Israel and Saudi Arabia,” a diplomatic source said last week. (Times on line} July 2009

    A form of government in which the supreme power is placed in the hands of a few persons; also, those who form the ruling few.

  9. Don Hawkins said on January 3rd, 2010 at 6:55am #

    In this free market Capitalism and it being winter does it do any good to talk of climate change? I guess like selling a prescription drug or some handy dandy thing from China what do you think stocks or bonds stay diversified call call now and what we hear on msm is it’s cold and this summer will be warm no we don’t hear it will be warm this summer kind of that whole short term thinking in the free market Capitalist system. It does appear this free market Capitalist system requires ignorance is strength to work well maybe work is the wrong word. You see it on TV you read it on line you see it in the newspapers it’s everywhere. During times of universal deceit, telling the truth becomes a revolutionary act. I get it and so that’s why we don’t hear the truth much and to be deceitful you probably need to have a little truth just to make the other part more believable as strangeness spreads through out the land. I was just watching Fox New’s and it’s cold, I need a coat am glad am inside it’s so cold.

    This summer as the ice melt’s more and the Oceans warm more and will it rain in the mid East maybe missiles not water and a thousand year storm or two. Just on the off chance we are in a time of universal deceit what will we hear, see, read? Well probably just more bullshit. I know much to simple.

  10. Don Hawkins said on January 3rd, 2010 at 7:04am #

    This is not a poem for the Capitalist system and grown-up’s. Although Julia Melnikova in Russia connected the dot’s rather well.

    Julia Melnikova, School #13, St. Petersburg, Russia

    I don`t want my children to see the Earth die,
    Without fish swim and without birds fly,
    With no air for breathing, no water to drink,
    When global conditions will make the land sink.

    I don`t want emissions to stay in the air,
    To fill our lungs and to spread everywhere,
    To cause global warming, submerging the land!
    To stop all this mess we should lend our hand!

    The nature is dying together with us,
    We wouldn`t exist here but for the green grass…
    We must prevent nature from saying «farewell»-
    In case it is dying, we`re dying as well!

    What could human beings` activities mean –
    To make our planet one big rubbish bin?!
    No matter that you may be only a teen –
    It`s never too early or late to be green!

    To show our children the beauty of life;
    To help polar bears and pandas survive;
    To claim to the world that this talk should gain weight
    Let`s firstly take part in the global debate!