Economic History · Federal Government · Personal Finance

The Ministry of Normal Existence

I’ve spoken before on the trend of the government and corporations essentially becoming one and the same. This is not “corporatism,” as many lolbertarians will smugly insist. It does however spell disaster for the future, and most especially in the short-term. The difficult part is ascertaining what precisely individuals can do in a strategic manner to protect themselves from this great scourge.

First on the list of grim tidings is the story emerging about Bank of America. The company, which currently occupies a position as the second-largest bank in our country, has been caught serving as a dutiful underling for the State. According to Tucker Carlson, BOA reviewed the private transactions and records of customers to determine if they had taken part in the DC events last month. What’s more, they were casting a wide net, going after people who had no indications of involvement with that scenario.

Even the greatest liberal humanitarians should find fault with this behavior. Corporations that rhapsodize about protecting customer data from breaches or marketing can simply turn around and hand it over to the powers that be, all in the name of security policy. There is no bar or threshold requirement, only the shrill declarations of politicians who lie frequently to generate hyperbolic sympathies. Not to mention what throngs of young fools will buy it all absent questions.

But problems fail to end there. Various airlines have already moved to ban passengers affiliated with the controversial protest, effectively crafting their own no-fly lists out of thin air. Bear in mind that these people have not been convicted of any crime; they simply hold a political opinion now considered to be toxic. Yet the desperate calls for regulating out-of-control corporations seem strikingly quiet, largely because people stand to benefit politically from such disenfranchisement.

So what is the proper solution? One might point to the notion of a protective rights bill, though this will require passage through the upper house, where finance and tech lobbying has no limit. Alternatively, a push for nationalization and redistribution of profits to the poor could feasibly scare the larger firms into better guarding individual liberties, though I certainly think they will fight on all fronts to defend the sniveling worship of power.

After all, it is a tremendous drug.

2 thoughts on “The Ministry of Normal Existence

  1. You may have already seen it, Goldberg. However, Nevada is considering passing a bill that would allow tech corporations to create micro states with governments of their own.

    Going to be interesting to see how that plays out in the age of surveillance.

    Liked by 1 person

  2. But, what do we do? You seemed to have stopped short.

    While I think it’s been obvious to not use the likes of Wells Fargo or BOA for quite some time now, what good alternatives are there? Medium sized banks often disappoint as well, and a plethora of credit unions litter the landscape unable to make themselves all that distinct from the others. Perhaps overseas banking or investments would be better?

    This would be a great topic for a video.

    Like

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