The Danger of Private Power of Corporate Oligarchs Backed by President Trump and Congress: Warnings from Franklin Roosevelt

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Friends of Padre Steve’s World,

As we enter into what I think will be a very eventful and peril filled 2018 I think that it is to take heed of the warnings of President Franklin Delano Roosevelt spoke these words in his Four Freedoms speech. I think they are worth pondering as we go into the second year of the Trump Presidency and the increase of autocratic rule worldwide. Roosevelt said:

“I suppose that every realist knows that the democratic way of life is at this moment being directly assailed in every part of the world — assailed either by arms or by secret spreading of poisonous propaganda by those who seek to destroy unity and promote discord in nations that are still at peace.”

Sadly a large portion of the American populace neither seems to understand or care about these threats to our Constitution and democratic way of life. I will return again to that speech early in 2018 but tonight I wanted to share a couple of other thoughts by him from his Message to Congress on Controlling Monopolies of April 1938 which I think are appropriate for us to ponder at this critical time.

“Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.

The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is Fascism—ownership of Government by an individual, by a group, or by any other controlling private power.

The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living.

Both lessons hit home.

Among us today a concentration of private power without equal in history is growing…”

His speech in its entirety can be read here: http://www.presidency.ucsb.edu/ws/?pid=15637

When I read Roosevelt’s words I am concerned.  It appears to me that what he spoke then is perhaps even more true now. In the past year we have seen the consolidation of power in the hands of the great corporate oligarchs of our time, speeded by the executive actions of the Trump administration and the legislation of the Republican controlled Congress.

His words are a warning to the wise…

Have a great day,

Peace

Padre Steve+

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Filed under History, laws and legislation, leadership, News and current events, Political Commentary

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