We’ve Lost All Sense Of The Common Good

Monday, June 12, 2017
By Paul Martin

by Charles Hugh Smith via OfTwoMinds blog,
ZeroHedge.com
Jun 12, 2017

The only way to rebuild a Common Good is to radically decentralize political, financial and media concentrations of ownership and power.

The theory of American civics is that the competitive process of every group advocating for its narrow self-interests will magically generate the Common Good, that is, a political and social order that serves everyone’s common/shared interests.

Unfortunately, that’s not how civic life functions in real-world America. We have completely lost any sense of a Common Good. All we have now is a cut-throat competition between entrenched special interests for a fatter slice of the pie while the bottom 95% have essentially no political voice and a rapidly diminishing say in the economy.

The problem with the theory that competitive advocacy magically generates the common good is advocacy is horrendously asymmetric: corporations and the wealthy have massively well-funded campaign and lobbying industries as their advocates, while the bottom 95% have no equivalent resources or organized efforts to advocate for their interests.

So what we have now is a competing set of self-serving elites claiming that their interests are in the Common Good. This is visibly, obviously, painfully false; each elite/ cartel/ interest group is only trying to sell its crassly self-serving agenda as being in the Common Good as a crude propaganda tool.

The Rest…HERE

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