It has been without question the most spectacular failure in the history of American misadventure. After a decade marked by the waste of trillions of dollars and tens of thousands of American lives, the stunning bankruptcy of our internally burglarized nation, and a consequent recession more fundamentally damaging than the Great One, Imperial America has nothing to show for the botched folly of its arrogant overreach but unequivocal disasters in Iraq, Afghanistan, and Pakistan, with no end of madness in sight.
An impartial observer would have to say that the hypnotic hold of the American Myth on the loyalty of the people has led only to disgrace and disaster, and set a direct course to inevitable imperial decline and ruin. That would be inarguable on any rational basis, but it entirely mistakes the motive for, and the purpose of, the myth. The American Myth was never intended to serve the interests either of our country or of our people: it was created solely to buttress, shield, and exalt the ruling financial class. It has done that with astonishing and unbroken success that staggers the imagination from our earliest days.
The massive looting of Iraq/Afghanistan/Pakistan war funding to enrich the Corporate Tyranny -- for that is what it has become -- is on a unique scale of its own, without anything remotely comparable to its flagrant obscenity in the whole long history of war.
Neither the Pentagon nor any branch of the U.S. government can give any accounting whatever of the many billions of tax-generated dollars that have vanished, evaporated. There is no doubt but that beyond the outrageously inflated, no-bid contracts handed to giant corporate favorites with their preposterous guaranteed profits, much of the money was simply stolen in bulk by, through, or in spite of the military, and distributed among thieves and accomplices, some of it on huge pallets...for convenience, presumably.
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While this wholesale robbery was going on under the oversight of the military abroad, the Corporate Tyranny had evolved a whole set of impenetrably complex devices for the generation of money without any economically productive source or result at home.
The
sole driving force and purpose of Capitalism is the realization of
profit. According to that calculus, reducing production costs increases
profit margin. This leads to the obvious conclusion that as production
costs near zero, profit is maximized.
There
is no provision for social good in Capitalist theory. Corporations,
created to optimize business opportunity through efficient
specialization, were originally required to operate for public benefit
but that provision was quickly finessed and forgotten.
American law courts have always favored corporate concentrations of wealth since they, like the Congress, exist to serve the moneyed interests. The American Myth was created to provide cover for the financial oligarchy to exploit the country and the citizenry, and the judiciary has consistently cooperated in ruling for corporations against the people.
Indeed, without ever considering the question in law, the Supreme Court long ago endowed corporations with "personhood," that is with all rights of human beings under our Constitution. The way this travesty occurred -- the slipshod by-product of an obliquely related case -- shows that the court preferred to incorporate this perversion of the plain intent of the 14th amendment as an unexamined assumption rather than risk an eventual test which would unquestionably have created violent public outrage.
Given the collusion of Congress and the courts in securing legal invulnerability for the Corporate Tyranny and the principle that the only duty of corporations is maximization of profit, it was not surprising that megabanks, huge brokerage houses, giant insurance conglomerates, gilded hedge funds and the credit agencies pretending to certify their work, all engaged in massive and systemic fraud and deception for just that purpose. The result was the crash of '08, the recession, and the stunning and unprecedented rescue and bailout of the biggest banks, investment houses, and insurance and credit conglomerates with taxpayer dollars. So much for the hallowed Invisible Hand of the Free Market....
* * *
The last decades have seen two related mega-trends in American geopolitical mechanics, both with dire effects on the power of the American Myth. First, what belief the world at large had in it has been shattered by a catastrophic series of imbecile and irretrievable military failures and disasters, which has caused erosion of its efficacy at home. Second, in response to this, the State has made increasingly crude efforts to boost the Myth's waning power by the imposition of totalitarian methods of surveillance, intimidation and coercion on the American people to a degree unprecedented in scope and scale.
The whole clanking, medieval apparatus of Homeland Security that has sprouted like an enormous poison fungus since 9/11 with its brutal police state mindset; the odious Patriot Act with its flagrant subversions of the Bill of Rights; the endless, fantasy-based terror-peddling of the prostitute corporate media with its clowns and harpies churning irrational fear and anger in the uninformed: all this grim, repressive endeavor is a concerted attempt to distract Americans from the real causes of their injury, abuse, and oppression.
And yet, even with the American Myth now totally and irreparably blown full of holes and exposed demonstrably for the tissue of lies, deceptions and frauds that it has always been, it somehow keeps its phenomenal hold on the great mass of the American people. The tragic reality is that, for the majority, their own identities have been so deeply and thoroughly infused with the myth that to disbelieve it is to disbelieve in themselves.
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