A gigantic monster has taken over our country, a two-headed sovereign that controls our federal, local, and state governments. This two-headed creature, which has one head of a donkey and the other of an elephant, has a monopoly of power in the political economy of these United States.
The most simple and well-known fact about the political economy in America is that it is ruled completely by the same two political factions. This widely known fact itself is often overlooked in most political debates. Almost all federal, state, and even local government officials are members of one of these two parties. Interestingly, the modern day Democratic Party was referred to as the “Democratic-Republican Party” until the late 1820s.
This sovereign’s power lies not just within the government itself, but within the barriers of the two-party paradigm. The barriers of this realm go as far “left” as the mainstream left would go, and as far “right” as the mainstream right would go. Ron Paul’s truly conservative view on foreign aid, for example, is outside the barriers of both the mainstream right and the mainstream left, leaving it thus outside the barriers of mainstream politics and not eligible for debate.
The philosophy of free-market capitalism promotes the idea of competition in an economy in order to give businesses the incentive to derive a better quality good or service for the consumer. Under this system even the biggest and baddest corporations would be enslaved to the consumer, and the consumers of the free-market will speak for themselves by what amounts to majority (or at least plurality) vote by dollar. In a political economy, the consumers are the voters. But what competition is there in the political economy?
Suppose the entire macro-economy was controlled by only two corporations who used unfair laws to prevent other businesses from having equal access to consumers. Would we consider that a free market?
The laws and regulations in many state constitutions, as well as many components of the presidential election (significantly, candidate debates), are designed to suppress third and fourth parties, thus eliminating any possible competition for the two-party system. The media promotes this political conformity in part by advocating such ideas as the “fairness doctrine” and the equal-time rule, which are designed to delude the masses into thinking that there are only two options in politics. This collection of mechanisms combines to fool many into thinking of the two major parties as the far right and far left, when in reality they’re not so very different at all.Published in