America celebrates its independence 242 years ago today from Britain with little thought it seems about who rules them now, comments Caitlin Johnstone.
By Caitlin Johnstone
Today America celebrates its liberation from the shackles of the British Crown and the beginning of its transition into corporatist oligarchy, which is a lot like celebrating your lateral promotion from housekeeping to laundry staff. Fireworks will be set off, hot dogs will be consumed, and a strange yellow concoction known as Mountain Dew will be imbibed by patriotic high-fiving Yankees eager to celebrate their hard-fought freedom to funnel their taxes into corporate welfare instead of to the King.
Spark up a bottle rocket for me, America! In trouncing King George’s red-coated goon squad, you made it possible for the donor class to slowly buy up more and more control of your shiny new government, allowing for a system of rule determined not by royal bloodlines, but by wealth bloodlines. Now instead of your national affairs being determined by some gilded schmuck across the pond, they are determined by the billionaire owners of multinational corporations and banks. These oligarchs have shored up their rule to such an extent that congressional candidates who outspend their opponents are almost certain to win, and a 2014 Princeton study found that ordinary Americans have no influence whatsoever over the behavior of their government while the will of the wealthy has a direct influence on US policy and legislation.
The elite class secured its stance as British Rule 2.0 by throwing their money behind politicians who they knew would advance their interests, whether those interests are in ensuring that the arms and munitions they manufacture get used frequently, the expansion of predatory trade policies, keeping tax loopholes open and keeping taxes on the wealthiest of the wealthy very low, deregulating corporations and banks, or enabling underhanded Wall Street practices which hurt the many for the benefit of the few. The existence of legalized bribery and corporate lobbying as illustrated in the video above have enabled the plutocrats to buy up the Legislative and Executive…