June 21, 2004

corporations and their capitalists


     in the first half 
   of the 19th century 
   the effort was made
    to confuse
    capitalists 
    with their  managers

     in the later half of the 20th

   the attempt was made
   to confuse   managers 
     with their   capitalists

    theres  simple errors
   underway bothwise

    a very  simple maxim
   clears the fuddle

   "all caps ain't rentiers"
   ==========================




    take todays
   wall street 
   publically stock traded
   'corporations

   they have what i call 
     ceo entrepreneurship 
   going for them 


   these inside caps often
   sprang from the bowels 
    of  lower
     management 
   self made men in that sense at least 
   and 
   still  even now at the top
   they  wear the proper
   management
   badges
   not founders or control swinging  stakeholders
   but because autocrat norms reign in corporate cultures 
   they run things
   their way anyway

   besides its
   safer to some degree
   inside
   their cloak of invisibility


   just plain old top management
   not their real self
     raw profit sucking insider caps


   so what if 
   you're a 
    " board appointed
   stockholder elected "
   ceo 

   all the better 
   when you  want 
    a license to trap  
   a helluva slug of 
     profits be4 
   they
     flow out  to 
    the ass hole innocent 
    peapod sized 
    rentiers

   its all 
   really quite simple

   and yet
    muddle dee fuddle abounds

   as it does
    on a related issue

    soviet type 
   state enterprise
   managers
    as" a new klass "
   peculiar
   to soviet  type societies
   =====================


   here's a recent expulsion
   by a founder of 
   this brand of fuddlement

   a defacto social-democrat

   timely kold warrior
   ie
    like sartre
   he was soviet menace
    freaked
   during the crucial 46-50 period
   in his case longer then JP's
    from say 48-56
   and then came 
   his" prominence"
   in the late 50's early 60's

   for starters he was
   an "  Operation  New Deal "
    functionary
   who  turned
    POST WAR  hackademic
   yes indeed 
   this rangey  beaut 
    made a big name
   for himself first in the ike fifties
   as a popularizing social theorist

   his shtick
    a" checks and balances '
    update
   he called
   countervailing powers 

   the systemic  trinity
    of 
   big corps big gov
   and  big unions
   that keeps us moving forward
   with roughly constant social shares

   the social dumbo dream scape
   constant profit rates
   rising wages at the rate of productivity
   constant cap output value ratios etc etc etc
   his catch line

   the trinity
   by back and forth grapples
   keeps the deal on track
     see me else where on 
   how this biz trend 
   went way way off rails
   in the 70's 

   but 
    then
    in the camelot  60's
    he came up with 
   a raison d'eter 
   for  co-existence
   to wit 
   the soviet enterprises 
   and the wall street enterprises
    were converging
   on a common 
   de facto system
   based on the iron realities
    of the three bigs 
   that existed more or less
   on both sides of the curtain
   he was  a ventilate the reds kold war defroster
   promising after further melting
   soviet managers
    would look ever more
    like ohio plant managers  
     the final universal mongrel
     mixed economy 
   a market/plan hybred
   all we earth plantarians 
   would soon share
   whether
    we wanted to 
    or not 

   again 
   a super social dumbo theory
   like the other 
   right?

   and 
   now vanished
   like the other

   because
   well 
   neither the soviets nor 
    wall street
   after 1969 
    converge 


    wall street
    moved 
   instead
    back towards
   marketeering" freedom "
   and the soviets
   they just 
   stagnated  
    till gorby
    got em so jazzed up 
   over neat new forms 
   the fucking gig
    collapsed completely
   ---------------------------------------
   here he is today

   easily over 100  by now

    but still inking the rolling phrases...

     " None will doubt
    that the modern corporation 
   is a dominant force 
   in the present-day economy"
   < good start though 'the" dominant reads 
   closer to the literal truth >

   " Once in the US 
   there were capitalists
    Steel
    by Carnegie
    oil
    by  Rockefeller
    tobacco
    by Duke
    railroads
    variously and
   often incompetently
    controlled
    by the moneyed few "

   < whoops where we headed ?> 


     "In its market position 
   and 
   political influence
    modern corporate management
    unlike the capitalist
    has public acceptance "

   < oh no  robber  barrons vs what ?
     how is bill gates not like the original rocky?
   and you say he's accepted?
    sam walton on unions
   accepted?
   by who?
   this is what happens 
   if you stop comprehending
    trends 
   say twenty five years ago
   out of a generous spirit 
   i'll conceed
   50's corporate america
   maybe kinda
    had a non robber barron aspect 
   in the publix mind 
    you know
    the myth of org -man and all
   be4 
   max weber lite
   hit hard enough 
   to require a big course correction
   we now call
    the reagan rev...> 

   " A dominant role

    in the military establishment

    in public finance 

   and

   in  the environment
    
   is assumed "
   <  okay " assumed"
    but who says "accepted"
   wheres the countervailing powers
   there to enforce other perspectives?

   now  the unions and gov
   you ordained to counterval 
   the profit chiefs 

   shit why not say it
   your theory is dead
   now the gov and unions
   are
   in the  latter case 
    dwarfed 
   and on the former 
       overrun by profiteer boarding parties>

   " the corporate power
   has shaped the public purpose
    to its own needs "

   < ok "needs"  being profit max right?
   no "needs" meaning 
   crass nasty war like hells a popin'>

   " It ordains that social success
    is
    more automobiles
    more television sets
    and in general 
   just  a greater volume
    of all other consumer
   goods " 
    
   < now we get some rotten flesh on the bones
    can you feel  the superior self displayed here  
   in the mention of  "consumer goods "
   well I  do Homer

   this is crass struggle
    anti -booboise shit 

   "my priorities are the right priorities"
     ivy league snooty dog drop 

     "  oh please Homer 
   not another color tv 
      why your daughter needs 
   a college degree first
   you numb-skull "
    
   but isn't
    the great man's  mind 
    wondering free of 
   causation
    here ?

   what the fuck 
   gets the corporational managers 
   to want to " ordain"
   " social success"
   the way they do?

   products for sale at a profit 
   right?

   well is it commercialism to blame 
   or 
   could and would
    a non big player dominated market 
   act better provide better 
   less is more
   if more is less 
   or is it  homer sovereignty
   itself that  needs blaming 

   maybe no  dominance
   is  actually whats wrong

   maybe we 
    need more dominence
of the right sort of couse
 oh say
   harvard university types
leading the magic goodness structurings 

   a self purpetuating panel of 
 highly degreed
  notables and experts
   where profit considerations
 play
 even less of a  roll
then above ground pools
   

   " HO HO NPO 
   HO HO NPO 
   HO HO NPO "


   or jefersonian style 
        socialism
 
  a divergence theory
   late in life  

   LETS GO AGIN PROFIT
   totallyand markets too
shit coomodities be damned


lets 
   plan plan plan
   and to make it freedom full
 
  in deciding
   what gets to be
    made

   lets all vote on it  

   or if thats cumbersome 
   we have 
   " market overseers"
   expeditors and retarders

   a phalanx 
   of  
   like
   "new new deal" type 
    pointy headed
   belt way 
   Washocrats ....
blah blah blah blah
sky hooks to heaven >
     


   " Negative social
   effects 
    pollution
    destruction of the landscape
    the unprotected health of the citizenry
    the threat of military action
    and death 
    do not count as such."



   "The corporate appropriation
    of public initiative 
   and
   authority

    is unpleasantly visible
    in its effect on the
   environment
    and dangerous
    as regards military
    and
   foreign policy"
   < here wee get a voltaire like 
   suavity
   how self assured
   how supple
   how stupidly impervious
    to real self questioning
   ass hole we all know what we got
   howed we get it ? 
   to know what drove us here 
   tells us what to blow away
    or are we in concert here
   and  you're  calling 
   for corporate abolition >


   " Wars are a major threat 
   to civilised existence "
   < what prattle!>

   " a corporate commitment 
   to weapons procurement
    and
    use
    nurtures this threat
    It accords
   legitimacy
    and even heroic virtue
    to devastation and
   death "
   < please what wilsonian sanctimony
   pure air balls >

   "Power 
   in the modern great corporation 
   belongs to the management
    The board of directors
    is an amiable entity
    meeting with self-approval
    but fully subordinate
    to the real power of the managers "
     < heres why i posted this 
   see the words trip up the dope 
   inside caps v outside caps
   control caps v non control caps
   management with out stock effective control
   can do what tha long run cjhanges things
   sam and bill
   and warren 
   how are they diff?
   what about carl Icahn in the wings ?>

   " The relationship
    resembles
    that of an honorary degree recipient
    to a member of
    a university faculty."
   < here we see the asses full bray
     he can relate to a collge 
   its just he can't comprehend a big corporation

   just let a bunch of insiders 
    disregard 
    the stockholders
   and see the outcome
   the tax collectors and creditors
   are the only worthy analogues here
   and the passive rentiers can be kept happy
   of course
   and by a good run of profit expansion
   theres plenty availible for inside grabs
shit bug brain
   thats what accounting is for>



   "The myths of investor authority
    the ritual meetings of directors 
   and
    the annual stockholder meeting 
   persist"

   < thats it state a fabrication as a pervasive fact>



   " no mentally viable observer
    of the modern corporation 
   can escape the reality
    Corporate power 
   lies with management"
   < you already said this
   but the question is not
   if power has been
   effectively and fully
    conferred
    but whether it can be withdrawn
   or lost >
    
   " a bureaucracy
    in control of its task 
   and 
   its compensation"

   < yes thats what effective control means
   but forget about it
    not being
   exactly like
    good old fashion 
   inside profit grabs
   of the guilded age
   railroads were then 
   as most big corporations  again become
   after the reagan rev
    operating  motto 
   screw the little rentier freaks>


   " Rewards can verge on larceny"
   < brother thats the game >


   " On frequent recent occasions
    it has been referred to as
    the corporate scandal"
   < this is revolting 
     indirection understatement 
    where fury is required
     after all 
    in    the great voltaire's
   words
   the cry must be  
   ecrasez l'enfame 
   not 
   notice their  doo doo >

   "As the corporate interest
    moves to power 
   in what was the public sector
    it serves 
   the corporate interest "
   < oh so there are those who don't 
   serve their own interests
    once in power ?
   who?
     college profs
   pastors and pro bono lawyers?
   you can be better then this
   at least at once you talked of countervailing interests
   but now that the other two playes are flat out..
   you calkl for what individuals of disinterested
   desires to serve the people
   as if there are enough of those who enter a government office after
   sitting in platos throne of forgetfulness
   purging their past life  
   before entiring their new life>

   "although this is a normal
    and expected 
   use of money
    and
   its power
    the full effect 
   is disguised 
   by almost all
   conventional expression "

   < influence by corporations
    is completely understood
   by most folks
   but whos their  alternative
   choice?
   who vcan field a challenger
   with the power
    and
   the money that power
    comes from

   most people just hope
   by vote juggling
    to get 
   the two party halfs of the biz 
   world 
    to check each others excesses
     sure sure sure
   we all know 
    the corporate 5th column
    in washington 
    is also the first second third and forth columns too
   but what will get em to behave themselves
   if no force exist outside their control
   besides the fucking
   portfolioed foundations
   whether
   secular or  sacred>

   "Given its authority 
   in the modern corporation
    it was
   natural that management 
   would extend its role
    to politics
    and to government"

   , heres the natural thing again
   ok then why don't you say i was wrong there can be no countervailing corporations under capitalism

   they will run over every other interest
   its a struggle to the finish
   other interests can not co-exist with
   the big corporations
   they can not reliably tame them or even 
   guide them
   its strictly a battle to the finish

   civilized only in that
   the very motor of civilization 
   is
   this very  struggle
   this klass clash>


   " Once there was
    the public reach of capitalism
    now it is that of corporate management'
   < se the muddle fuddle again
   after all what in hell diff is he making here>

    "In the US
    corporate managers 
   are in close
   alliance with the president
    the vice-president 
   and the secretary of defence "
   , as opposed to close alliance with what
   the teachers union ?
   shit these guys are corporate america not in league with it >


   " Major corporate figures 
   are also
   in senior positions 
   elsewhere
    in the federal government
    one came 
   from the bankrupt
    and thieving Enron
    to preside over the army "
   < again snide pseudo suave enfeeblement
    mild out of a sense that to keep his kool
   is a victory of sorts
   no ass hole
   attack attack attack 
   in all directions
   and you set anexample
   come out of the ivy
   like cyhalmers johnson has
   cut fucking loose
   say i was deadbwrong the corporations must be erases
   their infamy is un reformable

   ersae them now 

   give us an inspiration

   a head on 
   blood gorged 
   eye-ball popping
   raging charge >



   p.s.
   he also writes


   " there has also been
   recognised corporate control
    of the Treasury "

   < amen brother amen>
    

   ------------------------------------------


Posted by pinky at June 21, 2004 03:26 AM

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