Chris HedgesThere is a civil war within capitalism. Kamala Harris is the face of corporate power. Donald Trump is the mascot of the oligarchs. Either way, we lose.
Chris Hedges
October 18, 2024
The choice in the elections is between corporate and oligarchic power.
Corporate power needs stability and a technocratic government. Oligarchic power thrives on chaos and, as Steve Bannon says, the “deconstruction of the administrative state.”
Neither are democratic. They have each bought up the political class, the academy and the press.
Both are forms of exploitation that impoverish and disempower the public.
Both funnel money upwards into the hands of the billionaire class.
Both dismantle regulations, destroy labor unions, gut government services in the name of austerity, privatize every aspect of American society, from utilities to schools, perpetuate permanent wars, including the genocide in Gaza, and neuter a media that should, if it was not controlled by corporations and the rich, investigate their pillage and corruption.
Both forms of capitalism disembowel the country, but they do it with different tools and have different goals.
Kamala Harris, anointed by the richest Democratic Party donors without receiving a single primary vote, is the face of corporate power. Donald Trump is the buffoonish mascot for the oligarchs.
This is the split within the ruling class. It is a civil war within capitalism played out on the political stage. The public is little more than a prop in an election where neither party will advance their interests or protect their rights.
George Monbiot and Peter Hutchison in their book “Invisible Doctrine: The Secret History of Neoliberalism,” refer to corporate power as “housebroken capitalism.” Housebroken capitalists need consistent government policies and fixed trade agreements because they have made investments that take time, sometimes years, to mature. Manufacturing and agriculture industries are examples of “housebroken capitalism.”
You can see my interview with Monbiot here.
Monbiot and Hutchison refer to oligarchic power as “warlord capitalism.” Warlord capitalism seeks the total eradication of all impediments to the accumulation of profits including regulations, laws and taxes. It makes its money by charging rent, by erecting toll booths to every service we need to survive and collecting exorbitant fees.
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