Yesterday’s decision makes the US a soft fascist state. Roosevelt’s definition of fascism was control of government by corporate interests. Unlimited money means that private interests can dump billions into elections if they choose. Given that the government can, will, and has rewarded them with trillions, as in the bailouts, or is thinking about doing so in HCR, by forcing millions of Americans to buy their products the return on investment is so good that I would argue that corporations have a fiduciary duty to their shareholders to buy out government - after all if you pay a million to get a billion, or a billion to get a trillion, that’s far far better returns than are avaiable anywhere else.
link: The Unvarnished Truth About the US | Ian Welsh
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