Systemic corruption and the implosion of the social contract have consequences: It’s called collapse.
Social and economic decay is so glacial that only those few who remember an earlier set-point are equipped to even notice the decline. That’s the position we find ourselves in today.
Many Americans will discount the systemic corruption that characterizes the American way of life because they’ve known nothing but systemic corruption. They’ve habituated to it because they have no memory of a time when looting wasn’t legalized and maximizing self-enrichment by any means available wasn’t the unwritten law of the land.
If you don’t yet see America as little more than an intertwined collection of skims, scams, frauds, embezzlements, lies, gaming-the-system, obfuscation of risk and exploitation of the masses by insiders, please read How Corruption is Becoming America’s Operating System. (nakedcapitalism.com, via Cheryl A.)
Here on oftwominds.com, you might want to read No Wrongdoing Here, Just 6,300 Corporate Fines and Settlements. (May 2015)
When JP Morgan Chase engaged in fraud and was fined a wrist-slap $1 billion, nobody went to prison because nobody ever goes to prison for corporate fraud and criminal collusion: JPMorgan to pay almost $1 billion fine to resolve U.S. investigation into trading practices.
Simply put, corruption is cost-free in America because most of it is legal. And whatever is still illegal is never applied to the elites and insiders, except (as per Communist regime corruption) for a rare show trial where an example is made of an egregious fall-guy (think Bernie Madoff: whistleblowers’ repeated attempts to expose the fraud to regulators were blown off for years. It was only when Madoff ripped off wealthy and powerful insiders did he go down.)
There are three primary sources for the complete systemic corruption of America. One is the transition from civic responsibility for the social contract and the national interest to winner-take-most legalized looting. – READ MORE
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