Yakk wrote:From the perspective of "finance industry does almost what it wants
Do you have friends in finance? Because they're shitting their pants about this fiduciary duty thing Obama just shoved through the Department of Labor.
Remember: Doctors don't have to prove that all of their recommendations are in support of their patients. Financial advisors for retirement accounts now have to however.
Yes, I said almost what it wants.
It still is the primary distributor of excess credit, gets to rent-seek on money itself, self-regulates to determine the inflation and hence unemployment rate, can engage in activities that collapse huge chunks of the world economy and get off with no criminal sanctions, etc.
The various parties and regulators disagree about how thick a glove they should use when they slap their wrist, and how much paperwork should be required to absolve them of any liability.
US military-industrial-political-finance complex
I almost always just stop listening when people bring this up.
The US has an Ouroboros of industry, military, banks, regulation and politicians, with money prestigue and politices sloshing around them. This isn't new, but it is much stronger now than it was prior to WW2 and the Cold War.
For MIC, we get money funneling from the Military to Contractors. Contractors and Military set up bases/factories/etc around the nation, making politicians beholden to them. Contractors set up think tanks that provide policy advice to Politicans, hire Military officers after their military career is done, and give "donations" to politicians who play ball. People who work for the Military or Contractors vote for pro-MIC Politicians vote to inflate the Military. Think tanks hire Politicians and Administrators.
No grand conspiracy, just feedback loops and people acting in their self-interest.
If you're against something, just state it in terms of what the hell is going on.
The corrupting Ouroboros itself.
It happens not just in the military -- it happens in telecom regulation, finance regulation, etc. The mixture of medium-strong government, strong self-interested industry, money and politics.
You see, "military industrial" complex works in fiction when games like "Metal Gear Solid" when the storyteller needs to be vague and string together an epic plotline.
I'm quoting fucking Dwight D. Eisenhower. Not "metal gear solid".
But in the real world, if you want to hold actual people accountable for their actions, you need to be more specific. [...] But seriously, we're in the real world, and the real world calls for a measured, reasonable discussion.
Yes, the "real world" is the world constructed by the MIC. By definition anyone who follows the precepts of the "real world" as you dictate is only marginally different in those terms
than another person who follows those precepts.
I agree that significant change carries risk. Duh. But claiming that "that might require significant change, that isn't possible" is simply not true. There have been many significant changes in how government works in many areas of the world all over history.
At least if you hope for anything to actually get done.
Mate, there are many things that can be "done" that wouldn't be same-old same-old.
Many of them would result in disaster.
They happen all the time, around the world. Often the government falls and civil society collapses.
I'm not avocating for it, I'm just saying that this is a defensible position, that the current crop of politicians are working within a consensus that varies only on details (do we permit discrimination against a few million US citizens or not?), not on substance, *by some measure*.