The Economics of Authoritarianism — Why Is the Republican Party Still Considered Pro-Business?

by | Nov 2, 2021 | Money and Politics, Opinions, Wealth Gap

Photo by Sean Pollock

The Economics of Authoritarianism — Why Is the Republican Party Still Considered Pro-Business?

by | Nov 2, 2021 | Money and Politics, Opinions, Wealth Gap

Photo by Sean Pollock
One of the biggest myths of authoritarianism is that it is "good for business." With this in mind, the Republican Party's persona as the "party of business" begins to look more and more like a facade.

In the most recent posting of her newsletter, Letters from an American, yesterday, Heather Cox Richardson gave some highly illuminating material about the relationship between authoritarian leaders and big businesses:

Dr Ruth Ben-Ghiat, an expert on authoritarianism, explains that when the rule of law, which treats every business equally, has been replaced by the whims of a dictator, success depends on closeness to the leader rather than on quality. “One of the biggest myths of authoritarianism is that it is ‘good for business,’” she said. “[Russian President Vladimir] Putin has jailed over 100,000 business people on trumped-up charges of tax evasion, financial irregularities, etc. Anyone with a profitable enterprise becomes a target, regardless of their political sentiments. This practice goes on in Hungary and Turkey too. Business people should know that this can happen anywhere, to anyone, if autocrats take power.”

With this information in mind, the Republican Party’s persona as the “party of business” begins to look more and more like a facade. This is especially true with a visible majority of the party backing fully authoritarian, and frankly Fascist, positions.

The past 40 plus years of Republican thought are hell-bent on the “reduction of the influence of government on business.” But that is the vocal reasoning behind their policies. The actual activity amounts to gutting the middle class and its influence in the favor of Republican-friendly business sectors like oil, pharma, military, etc., all of whom are mono-focused on pulling as much money out of society as possible and at all cost.

The economic imbalance this is causing is preparing the middle class to fight back at the ballot box. And thus the “party of business” is working overtime to shut out as many middle class voters as possible with voter suppression laws and extreme gerrymandering so that it can fully “return to power.”

And power is what it is really all about. When you get down to brass tacks, the Trump Republicans could care less about the prosperity of Americans. The real mission of the current crop of Republican leaders is to stack the deck in their favor so much that they can effectively control the Legislative and Judicial Branches of the US government and then install one of their own in control of the Executive. At that point, the American experiment will be over. We will have been effectively overthrown as a democracy.

What is that going to do to the business environment and the economics of the world? It won’t be pretty. Take a look at both the economic history of Fascism and Nazism and you will find horrors visited on society. The businesses that did well had to toe the party line or be wiped out. But as Heather Cox-Richardson’s latest piece points out, that is not just history, that is present day reality in Russia, Hungary and Turkey.

Some companies are waking up to the fact that their prosperity depends entirely on the prosperity of their customers in the middle class. And this is a big danger sign to Trump Republicans. Also in Cox Richardson’s latest piece is this passage:

…in The American Conservative, Senator Marco Rubio (R-FL) called “corporate America… the instrument of anti-American ideologies.” He accused Wall Street of “devoting hundreds of billions of dollars to advance corporate propaganda” that promotes Marxist tactics. Rubio wants to “require that the leadership of large companies be subject to strict scrutiny and legal liability when they abuse their corporate privilege by pushing wasteful, anti-American nonsense.”

In a passage that sounds much like that of a political purge, he warned readers of “the current Marxist cultural revolution among our corporate elite,” and said that “the ultimate way” to stop them “is to replace them with a new generation of business leaders who consider themselves Americans, not citizens of the world…. That is how we defeat this toxic cultural Marxism and rebuild an economy where America’s largest companies were accountable for what matters to America: new factories built in America, good jobs for American families, and investments in American neighborhoods and communities.”

In the voice of the old John Birch Society, Rubio and others are trying to rebrand any effort to shore up the middle class as Marxist and Communist.

In the final analysis, the economic health of the world depends on the political stability of the United States. Yet the “party of business” is actively trying to destroy this stability. This begs the question, “Who are these people really working for?” It certainly isn’t the people who elected them.


Submit a Comment

Your email address will not be published.

Related Articles

May 16 2022

The Testing Lab That Missed 96% of Covid Cases

State and local officials across Nevada signed agreements with Northshore Clinical Labs, a COVID testing laboratory run by men with local political connections. There...
May 15 2022

Wealth Won’t Protect the Rich from Climate Change

Although wildfires in California have historically peaked in the late summer and fall, Orange County Fire Authority Assistant Chief of Field Operations TJ McGovern told...
May 14 2022

The Facts Surrounding the U.S. Baby Formula Shortage

As Republican fear mongers like Elise Stefanik whip out conspiracy accusations and blame about the baby formula shortage, the real facts from a pediatrician are more...
May 13 2022

Rick Scott — Florida Man Gaslights Himself

Rick Scott has published an 11-point proposal to raise taxes on the poorest of Americans and set the stage to destroy Medicare and Social Security. But he now claims it...
May 12 2022

Tucker Carlson’s Fake Masculinity Crisis Is a Fascist History Lesson

Tucker Carlson is pulling from an old playbook as he stokes anxiety about a masculinity crisis that doesn’t actually exist.
May 12 2022

Watergate — A New History of the Abuse of White House Power

As the 50th anniversary of the Watergate break-in approaches, a recent book charts the transformation of the Nixon administration’s bungled burglary into a wake-up call...
May 11 2022

Baby Formula Has Become the Latest Supply Chain-Monopoly Battleground

Six states are seeing baby formula shortages of more than 50% and stores are limiting purchases to three or four per customer, with prices surging to $33 per can.
May 07 2022

Turning Back the Clock: Justice Alito’s Leaked Draft Overturning Roe v. Wade Quotes a Witch Trial Judge

Justice Alito’s leaked opinion cites Sir Matthew Hale, a 17th-century jurist who conceived the notion that husbands can’t be prosecuted for raping their wives, who...
May 07 2022

Healthcare Profiteering: Medical Bills Force a Family to Get Care in Mexico

The Fierro family was trapped in a situation of being “functionally uninsured.” They have insurance, but their healthcare plan is expensive and they don’t have the...
May 06 2022

Fossil Fuel Democrats Join GOP Senators Trying to Prevent Biden From Declaring Climate Emergency

Though the Senate resolution is non-binding, it clearly shows the fear the fossil fuel industry has of impending actions to reverse the damage they are causing to our...
Subscribe for Updates!

Subscribe for Updates!

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!

Pin It on Pinterest

Share This