While many of the world’s dominant corporations are
domiciled in the U.S., their allegiance clearly lies elsewhere. American taxpayers bailed out automakers like
General Motors during the 2008 financial crisis, and GM returned the favor by
offshoring production to Mexico and China and shuttering U.S. factories. Large global corporations use tax arbitrage
strategies to shift profits to low tax jurisdictions and lobby for restrictive
regulations to squash competition. They
attempt to erect barriers to competition through legislative and regulatory
victories funded by lavish political contribution and influence campaigns. Politicians have embraced crony capitalism,
handing out favors like the EB5 visa program to fund real estate projects or
the H-4 EAD and OPT visa programs to supply an endless stream of immigrant
labor to suppress wages of American workers.
In exchange, global corporations embrace and legitimize the social and
environmental policies desired by Democrat activists and politicians in order
to give them greater leverage over people with dissenting views.
Leftist politicians have embraced their authoritarian
instincts to limit individual liberties and encourage their compliant corporate
partners to censor speech and encourage “approved” behaviors. By utilizing public fear of the Wuhan
Coronavirus, leftists have increased their ability to implement their authoritarian
agenda by devastating independent small businesses and buttressing compliant
global corporations. It is much easier
to enforce compliance with a social or regulatory scheme if the economy is dominated
by a few compliant corporations instead of thousands of privately owned small
businesses. Rather than fight in courts
to force small bakers to make cakes for gay weddings, for example, it is much
easier to persuade a large chain of bakers to comply with their social policies
in exchange for some tax incentives or regulations that squash smaller
competition. Increasing government
funding and support of large corporations only strengthens the control that
leftist politicians have and greases the tracks as they attempt to enforce
limitations on dissenting views. If you
don’t peacock and signal that you are in step with their agenda, you will be economically
punished and dismissed as a “Deplorable” that should be ostracized and
destroyed.
We must support our small businesses and local communities to
decentralize policymaking and strip the leftist authoritarians of a powerful
means of enacting their social and political goals. One of the most powerful means of protecting your
liberties is to support a robust small business community that embraces American
values and has a vested interest in a successful local community. As we open for business, we must fight back
against globalist tyranny by supporting local businesses and return to the
principles of “Buy American, Hire American”.