Guest writer for Wake Up World
While Edward Snowden and Chelsea Manning and John Kiriakou are vilified for revealing vital information about spying and bombing and torture, a man who conspired with Goldman Sachs to make billions of dollars on the planned failure of subprime mortgages was honored by New York University for his “Outstanding Contributions to Society.”
This is one example of the distorted thinking leading to the demise of a once-vibrant American society. There are other signs of decay:
1. A House Bill Would View Corporate Crimes as ‘Honest Mistakes’
Wealthy conservatives are pushing a bill that would excuse corporate leaders from financial fraud, environmental pollution, and other crimes that America’s greatest criminals deem simply reckless or negligent. The Heritage Foundation attempts to rationalize, saying “someone who simply has an accident by being slightly careless can hardly be said to have acted with a ‘guilty mind.'”
One must wonder, then, what extremes of evil, in the minds of conservatives, led to criminal charges against people apparently aware of their actions: the Ohio woman who took coins from a fountain to buy food; the California man who broke into a church kitchen to find something to eat; and the 90-year-old Florida activist who boldly tried to feed the homeless.
Of course, even without the explicit protection of Congress, CEOs are rarely charged for their crimes. Not a single Wall Street executive faced prosecution for the fraud-ridden 2008 financial crisis.
2. Unpaid Taxes of 500 Companies Could Pay for a Job for Every Unemployed American
Citizens for Tax Justice reports that Fortune 500 companies are holding over $2 trillion in profits offshore to avoid taxes that would amount to over $600 billion. Our society desperately needs infrastructure repair, but 8 million potential jobs are being held hostage beyond our borders.
(For more information, please see: Proof That the USA is Controlled by Foreign Corporations.)
3. Almost 2/3 of American Families Couldn’t Afford a Single Pill of a ‘Life-Saving Drug’
62 percent of polled Americans said they couldn’t cover a $500 repair bill. If any of these Americans need a hepatitis pill from Gilead Sciences, or an anti-infection pill from Martin Shkreli’s company, they will have to do without.
An AARP study of 115 specialty drugs found that the average cost of a year’s worth of prescriptions was over $50,000, three times more than the average Social Security benefit. Although it’s true that most people don’t pay the full retail cost of medicine, the portion paid by insurance companies is ultimately passed on to consumers through higher premiums.
Pharmaceutical companies pay competitors to keep generic drugs out of the market, and they have successfully lobbied Congress to keep Medicare from bargaining for lower drug prices. The companies claim they need the high prices to pay for better medicines. But for every $1 they spend on basic research, they invest $19 in promotion and marketing.
(For more information, please see: Big Pharma and Organized Crime — They Are More Similar Than You May Think.)
4. Violent Crime Down, while Prison Population Doubles
FBI statistics confirm a dramatic decline in violent crimes since 1991, yet the number of prisoners has doubled over approximately the same period. Meanwhile, white-collar prosecutions have been reduced by over a third, and, as noted above, corporate leaders are steadily working toward 100% tolerance for their crimes.
(For more information, please see: The War On Drugs: How the “Land of the Free” Became the “Home of the Slaves” for 2.3 Million Americans.)
5. One in Four Americans Suffer ‘Mental Illness’, Yet Mental Health Facilities are Cut by 90%
According to the National Alliance on Mental Illness, 25 percent of adults experience mental illness in a given year, with almost half of the homeless population so inflicted. Yet from 1970 to 2002, the per capita number of public mental health hospital beds plummeted from over 200 per 100,000 to 20 per 100,000, and after the recession state cutbacks continued.
That leaves prison as the only option for many desperate Americans.
The Common Theme
There is a common theme among these signs of societal decay: The super-rich keep taking from the middle class as the middle class becomes a massive lower class. Yet the myth persists that we should all look up with admiration at the “self-made” takers who are ripping our society apart.
Recommended reading by Paul Buchheit:
- Overwhelming Evidence that a ‘Guaranteed Basic Income’ Will Work
- The Real Terrorists: The 0.01%
- 5 Signs of a Dying Society
- Why Do So Many Americans Defend the Failed Capitalist Experiment?
- Five Great American Hypocrisies
- Capitalism at Its Worst: 5 Deadly Sins of Big Pharma
- 6 Ways Capitalism Kills… and May Be About to Get Deadlier
- Facts That Our War-Happy Leaders Would Like to Keep Hushed Up
- How Wealth Inequality Kills
- Now Just FIVE Men Own Almost as Much Wealth as Half the World’s Population
About the author:
Paul Buchheit is a college teacher, an active member of US Uncut Chicago, founder and developer of social justice and educational websites (including www.youdeservefacts.org), and the editor and main author of “American Wars: Illusions and Realities” (Clarity Press). His latest book is, Disposable Americans: Extreme Capitalism and the Case for a Guaranteed Income. Paul can be reached via email here.