Wednesday, August 8, 2018

Alexandria Ocasio-Cortez is a microcosm of New York City as taxi wars prove the municipality is already socialist

The definition of Socialism is where the government has control over the means of production.  And perhaps the biggest irony is that the city that supposedly houses the largest capitalist center in the world is at its foundations becoming undeniably socialist.

On Aug. 8 the New York City Council is voting on whether to restrict the ability for car driving services to function in a free market and in essence protect the monopoly they themselves created through the administering of taxi licences.

The New York City Council is voting on Wednesday on a series of measures which would significantly harm ride-hailing services such as Uber and Lyft, after a handful of bills were formally presented to the City Council last Wednesday 
The bills, supported by Mayor Bill de Blasio and Council Speaker Corey Johnson, are widely expected to pass - and include a one-year cap on new taxis while the city studies the booming industry. The legislation would also allow New York City to set a minimum pay rate for drivers.  - Zerohedge
While municipalities certainly have the right to regulate industries for the purposes of safety, economic, and planning reasons, when their legislation ends up choosing winners over others, as is the case in their Medallion licence program, it can lead to an unfair playing field where being able to simply run a business can cost you millions of dollars without even having driven a mile.

Crony capitalism, monopolies, and even socialism are of course not new concepts in the American landscape, but they have become the norm today as seen where just a few companies control 80% of all corporations.
Three systems theorists at the Swiss Federal Institute of Technology in Zurich have taken a database listing 37 million companies and investors worldwide and analyzed all 43,060 transnational corporations and share ownerships linking them. They built a model of who owns what and what their revenues are and mapped the whole edifice of economic power. 
They discovered that global corporate control has a distinct bow-tie shape, with a dominant core of 147 firms radiating out from the middle. Each of these 147 own interlocking stakes of one another and together they control 40% of the wealth in the network. A total of 737 control 80% of it all. The top 20 are at the bottom of the post. This is, say the paper's authors, the first map of the structure of global corporate control. - Forbes
This control has in turn led to direct control and influence over political agencies where the likes of George Soros and the Koch brothers invest billions of dollars each year to insure their candidates achieve office.

However the last time corporate control, and its consequence of wealth disparity were seen in America (Gilded Age) it led to the Progressive Movement between 1900 and 1920 where a former Socialist Presidential candidate named Eugene V. Debs once said that he no longer needs to run for office because the Republicans and Democrats already passed most of the ideals his party had wanted during those two decades.

In the end it should not be surprising that political candidates like Alexandra Ocasio-Cortez are rising to power because government no longer works to protect the people, but instead only their corporate masters.  And perhaps the biggest irony is that Ocasio-Cortez, nor the constituents who have chosen to follow her, realize that the City she is seeking office to represent is already fairly socialist, and she is in essence fighting a battle against her own ideologies.

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