Hi there folks. Adnihilo here again posting Part 1 of "How [Student Loan] Corporatism Ruined My Life" split into 4 parts with with the last part posted first to 'reverse the reverse blog order'. Meaning parts 2, 3 and 4 follow down below.

There's plenty of really sad accounts here of how many were conned by Student Loan Corporatism. The Student Loan extortion is an extreme example of one of the most severe and harmful acts of corporation found in America today. So this is my true story in a series of posts that I hope will provide you all some reliable info on what I've learned about corporatism and capitalism as it relates to student loan extortion and with how it exists today in America at the dawn of the 21st century....

How Corporatism Ruined My Life, Part 1
Conned by Corporatism

Using a core philosophy from the 3rd Reich called 'The Doctrine of Variable Worth', Corporate America, working hand in hand with the federal government, [corporatism] cast me out of 'normal' society as a pariah by denying me all rights to earn a liveable wage in 'their' corporatist created society. This 3rd Reich 'Doctrine of Variable Worth' used against me came in the form of covert credit record discrimination used by Corporate America in cahoots with the Feds.

Corporate America, with their appointed clowns in federal goverment, accomplished their feat of financial banishment solely on the basis of one outstanding debt in the form of a student loan from some of the most extreme acts of corporatism in US history. It was a debt incurred to become a 'Master' in what is otherwise known as an MBA degree for what has ironically become a phony US economic system incorrectly called Capitalism. Only now, after relating to and speaking with so many others experiencing the same sort of employment problems related to their student loans do I realize how credit record discrimination is being unjustly used to financially punish millions of more highly educated and trained citizens like myself.

Just before being denied procedural due process [never 'served' a court summons] in 1995 as a result of this student loan going into default, the $15K student debt on a $12K original student loan is 20% of today's alleged $75K amount owed almost exactly 11 years later. It is an alleged present day debt that has increased 500% since 1995 alone when the debt amount tripled to $45K as a direct result from this denial of procedural due process.

Corporate America and the US Federal Government working together increased the size of my student loan 500% in 11 years after denying me any procedural due process. In refusing to accept their extortionist terms, together they further denied me all reasonable rights to earn a 'liveable' wage for the last 15 years now through unjust, biased credit report discrimination soley based on their extortion claiming I now owe them over $75K increased 650% in 17 years on a $12 original student loan debt. So with these preliminary statements of fact out of the way, to understand my story of financial banishment from society and resulting indentured servitude to Student Loan Corporatism, the reader first must better comprehend what American corporatism and capitalism actually is in the 21st century.

Understanding 21st Century Corporatism

Historically speaking, Mussolini's classic syndicalist form of corporatism was the inspiration behind and somewhat synonymous with the term Totalitarian, and described distinctly as something without coercion in the 1932 Doctrine of Fascism. However today's American version of Corporatism is of a typology emphasizing the role of business corporations in government decision-making at the expense of the public at large. According to various political economists, corporatism was and still is an attempt to create a "modern" day version of feudalism, also called 'Neofeudalism', from merging "corporate" interests with those of the state at the expense of its citizens.

Even Adam Smith, the founding father of Capitalism, expressed fears in 'Wealth of Nations' that his new theoretical economic model for an updated version of mercantilism would not work in the real world. He feared that it fostered too much wealth into the hands of too few individuals. Regardless, the founders of America chose capitalism as the representative economic model for their new democracy, even though the American revolution was partially a revolt against European feudalism. As we can easily see in America today, Adam Smith's worst fears for his theoretical capitalist model of revised mercantilism have come to fruition. The financial wealth of the top 1 percent of American households now exceeds the combined wealth of the bottom 95 percent. 21st century American Corporatism, or 'Neofeudalism', is the direct result of this present day 1% plutocracy.

The world's largest multinational corporations from America widely and successfully influence US legislation through lobbying. Too lobby is to gain political or economic favors. How are these favors typically gained? Directly from covert bribes and overt payoffs by lobbyists to US legislators. Convicted felon and former GOP Rep. 'Duke' Cunningham is a classic example of taking bribes from the military-industrial complex. As most of us have come to learn, perhaps predominantly from Alan's commendable research work at Student Loan Justice, vast personal fortunes have been made by the astounding avarice directly stemming from the Sallie Mae lobbying machine bribing relevant US legislators.

Since George W. Bush was 'appointed' president, the number of registered lobbyists in DC, the most reliable index available to identify the sale of government policy to Corporate America, has increased 100%. Perhaps illustrating it doesn't really matter if its DemAgogs or RepublicaNazis controlling the political machinery, the Higher Education Act, likely the most extreme example of corporatism in US history, was amended and passed during the Clinton Administration in 1997.

Relating Corporatism to Capitalist Class Inequality

Most student loan victims of corporatist extortion already know of the events briefly spelled out in the previous paragraph. However only a few seem to comprehend the extortion they're experiencing is a direct result of corporatism, and the outcome of a plutocratic society where the gap between the haves and the have-nots in terms of wealth is greater today than at any time since 1929. This level of class inequality is exactly why Adam Smith feared his theory of capitalism just would not work in the real world. Extreme hierarchical class disparity pervades all in our American capitalistic system just as Adam Smith predicted it would in his capitalist manifesto, 'Wealth of Nations'. Today, this inequality between predominantly only two primary hierarchical capitalist classes in US society is historically described as even more disparaging than Europe's feudal past of serfs and lords.

The Gini Coefficient is an indicator of income inequality. The higher the coefficient, the worse the disparity between income classes. Presently the Gini Coefficient for the US is listed as a country just above the extreme levels of class disparity in Argentina and Mexico and lags far behind all other 1st world or prosperous democracies. Both Argentina and Mexico are quite well known for their 3rd world income disparities. America's Gini Coefficient is even worse than Iran. The Gini Coefficient for the US has risen steadily since 1967 and at its present rate of increase, this coefficient in a mere 37 years will be equal to that of Mexico's in 2000. In a survey of industrialized nations, America is already 2nd only to Mexico for the percentage of its children living in poverty.

The hierarchical class system of capitalism is not all that complicated when breaking it down into its primary levels. As noted in a few paragraphs up, many reference America's two primary hierarchical classes in deregulated capitalism as 'the the haves and the have-nots'. However the realities of this two class system in a revised, updated economic model of mercantilism go much deeper than that.

Capitalist Haves & Have-Nots = Feudal Masters & Slaves

There are only three primary hierarchical classes in our deregulated US capitalistic-like system; Masters, Slaves, and Outlaws. The wealthiest 1% of Masters in US society own more wealth than: 1) All of the wealth of All of the Middle Class combined, plus; 2) ALL of the wealth of ALL of the lowest class, added to; 3) ALL of the wealth of the bottom HALF of the UPPER class [Feudalism aka American Capitalism].

You will always be in one of these hiearchial ‘classes’ until everyone in this country is not in any of these classes. Outlaws are really nothing more than Runaway Slaves working outside its capitalistic-like system. Most runaway slaves are 'forced' into this status by a system financially punishing them as a pariah by denying them any reasonable rights to a liveable income. Some capitalist slaves runaway, not because of any lazy work ethic, but to join other Outlaws in an underground economy that is more rewarding to and accepting of them than the Neofeudal economy created by American corporatism.

Outlaws are really just Runaway Slaves who engage in a barter and exchange system, or become involved in some endeavor deemed illegal by local, state or federal laws set up to protect and keep its feudal system of indentured servitude in America intact. Outlaws are rarely genuine criminals. Most do not exist outside what is called natural law, or the original US constitution that for the most part is no longer regarded as the law of the land by our government. The Feds began a process of reneging on that contract with US citizens almost as soon as it was signed.

So that really leaves only two hierarchical classes in alleged US capitalism that we all vacillate back and forth in to varying degrees of Master and Slave. They are poles on a continuum. It’s really a horizontal continuum, it just looks vertical. Appearances though are everything in this American class system. If it looks vertical, it may as well be, because we act in it like it is. That’s why vertebrates dress up and posture. We see what we look for. Class isn’t so much about how much money one has or makes, or even how it’s made. These two hierarchical classes are purely about dominance and submission. Most all of us in America submit fully by answering to someone while slaving at work in order to exist in life.

A class society is not really composed of classes though. Nor is a society composed of individuals. Society is composed of relationships. Relationships are made up of a series of interactions. There are only two fundamental kinds of interactions, consensual and nonconsensual. Talking on the phone is consensual. Receiving Telemarketing calls without permission is nonconsensual. Hiring on as a mercenary is consensual. Getting maimed or killed by a terrorist bomb is nonconsensual. So really society is made up of a series of consensual and nonconsensual interactions between its 'Master and slave' members.

3 Primary Commodities or Resources for Any Business

Dont' fret, there's some primary points I'll be making from all this, but first need to be sure the reader grasps the very basics of classical economics in Adam Smith's model of capitalism. This primary two level hierarchical class system of 'haves and have-nots', or Masters and Slaves, brings us to the three essential resources or 'commodities' for any business structure in capitalism, also called the factors of production.

Classical economics distinguishes these three factors of production as: 1] the physical, as in land or natural resources including soil and minerals used in the creation of products; 2] the financial, as in capital goods, or human-made goods like machinery, tools and buildings used in the production of other goods, and finally, the least relevant; 3] Labor, as in the efforts of human resources used in production which also includes technical and marketing expertise.

The payment for this labor is a wage exchanged for units of time in human effort based not on gold in America, but 'faith' in some imaginary SkyGod 'we trust'. An imaginary 'skygod' in any realistic sense that is represented by and as our Federal Government who prints its money based on nothing but 'faith' or trust in an imaginary skygod.

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