Sunday, May 12, 2013

Feudalism Corporate-style

The US is leaving Afghanistan (too slowly), but just think of the profits big corporations can make on its most important export.

Really, there must be some way Pfizer, Novartis, etc, can profit on Afghan opium (Afghanistan produces 90% of the world's crop). Big corporations increasingly dominate world trade. They're pressing globally for patent rights even to basic food crops. Patents as monopoly grants, provide corporations monopoly profits.

Corporations promote war, any war: they can make obscene amounts on it. They have a near monopsony, as well: the US Defense Department; it buys more from defense corporations than all other buyers combined, close to a definition of the word, monopsony.

The US strides, giant-like, across the world--trampling, too. But it, and almost every other nation, is bowing to a multiplicity of fiefdoms called corporations.

When the Roman Empire was self-destructing in the late 300's to late 400's, it was ruled by a class that created the model for what came after: Roman Senators lorded it over huge latifundias, with estates from Gaul to North Africa, all manned by hundreds to thousands of serfs and slaves. Senators also provided the bureaucratic skills to run the Empire, usually to their personal advantage. Over time, the Senators' holdings grew as there became fewer of them (small families), but then shrank as the Empire withered: losing estates in North Africa, for example, when the Vandals took over there--due to incompetence and rivalry between Imperial services.

But what prevailed became the feudalism of the Medieval period, dominated by Germanic conquerors--rampaging hordes that settled down to enjoy their pillage in one place.

Something similar is happening today. Corporations are the new Senatorial latifundias, spreading their thirst for profits worldwide, but in their own niches. We have feudalism of food production by Monsanto, or of pharmaceuticals by Glaxo-Smith-Kline, or of oil and coal production by the Koch brothers.

Workers are treated increasingly as serfs, as unions are driven out, workers are laid off, wages are cut and the remaining employees work harder in fear for their jobs.

Now, with the secret negotiations for the Trans-Pacific Partnership, the ascendancy of these corporations lurches forward. Only "stakeholders" (not the public or Congress) are permitted to know what the negotiations entail, but leaked accounts indicate that corporations will be able to sue to block environmental and labor laws, expand patent and copyright rights, and generally override sovereign nations' regulations, as long as they can claim their profitability/interest is threatened.

Corporate feudalism is like the Roman Senators, who held life and death power over their 'dependents.' But once the nation-state is pushed aside, will there just be rampaging corporations? No governments will be able to protect the people from the corporate hordes.

No comments:

Post a Comment