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Issue no. 32,  5 July 2005                                back issues at www.paecon.net
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In this issue:

Forum on Economic Reform  (Part III)

 

- The Reform of Intellectual Property
     Dean Baker


- Greed (Part II)
     Julian Edney

  Replies to Edney

     - Tackling greed while recognizing ecological limits
          Tom Green

     - Adam Smith – the Father of Post-Autistic Economics?
           Andrew Sayer

Two Movements

 

- The Rand Portcullis and PAE
     Edward Fullbrook


- Perestroika in American Political Science
     
Kurt Jacobsen




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Forum on Economic Reform

In recent decades the alliance of neoclassical economics and neoliberalism has hijacked the term “economic reform”.  By presenting political choices as market necessities, they have subverted public debate about what economic policy changes are possible and are or are not desirable.  This venue promotes discussion of economic reform that is not limited to the one ideological point of view.

 

 

The Reform of Intellectual Property

Dean Baker   (Center for Economic and Policy Research, USA)


Introduction

 

It is remarkable that economists, who usually view themselves as advocates of free market transactions, unquestioningly embrace various forms of intellectual property rights, especially copyrights and patents. Copyrights and patents are government granted monopolies. They have their origins in the feudal guild system, not the free market economics of Smith and Ricardo. In fact, at the end of the 19th century, Switzerland and the Netherlands actually eliminated patent and copyright protection, with the intent of promoting free market competition. In spite of their feudal legacy, and their obvious status as forms of protectionism, few economists ever question the merits of the patent and copyright systems.

 

This paper details the ways in which patents in prescription drugs and medical equipment and copyrights lead to economic inefficiencies.1 It points out that the efficiency losses from these forms of protectionism are likely several orders of magnitude larger than the barriers to international trade that receive so much attention from economists.

 

The paper also outlines alternative systems for providing incentives for innovation and creative artistic work. In the absence of deliberate government policy, there probably would be under-investment in innovation and creative work, but that is not the relevant question. The relevant question is whether the existing patent and copyright systems are the most efficient mechanisms for supporting innovation and creative work. That would be the question that any honest economist would pose.

 

The Inefficiency of Drug Patents and Copyrights

 

The basic argument for patents and copyrights is straightforward. In a free market, without protections for intellectual property, there will be under-investment in research and creative activity like writing or recorded music or movies. As soon as an innovation is made public, others could duplicate the process and sell a comparable product, without having to bear the costs of the research that allowed for the innovation. In the case of recorded music or movies, copies can be made at minimal cost (zero cost in the Internet Age), which means that in a free market, the original producers could not sell the products at a high enough price to allow the creative workers to be compensated for their work. However, the fact that a free market will under-invest in research and creative work hardly establishes that the feudal institutions of patents and copyrights are the most efficient way to support such work in the 21st century.

 

The economics profession has devoted vast amount of research and textbook space to proving the inefficiency of various forms of protectionism. The basic story in this work is that protectionism causes the price to exceed the marginal cost of production. All of this work is entirely applicable to patents and copyrights, except the impact is at least an order of magnitude larger than with most instances of protectionism in international trade. While tariffs and quotas rarely raise the price of goods by more than 30 or 40 percent, patents on prescription drugs typically raise the price of protected products by 300 to 400 percent, or more, above the marginal cost. In some cases, patent protected drugs sell for hundreds or thousands of times as much as the competitive market price. In the case of copyrighted material, recorded music and video material that could be transferred at zero cost over the Internet, instead command a substantial price when sold as CDs, DVDs, or licensed downloads. Copyrighted software commands even higher prices.

 

The distortions resulting from these huge gaps between price and marginal cost should cause an honest neo-classical economist great pain. At the onset, the lost consumer surplus from patent and copyright protected pricing is enormous. The basic rule on this issue is that the size of the deadweight loss is proportional to the square of the gap between price and marginal cost. The United States alone is projected to spend $210 billion this year on prescription drugs. In the absence of patent protection, the same drugs would probably cost no more than $50 billion. (The savings would be equal to $500 per person for everyone in the country.) The United States will spend more than $30 billion on recorded music and videos this year, material that could be available at zero cost on the Internet. By comparison, many economists felt the need to comment on the NAFTA agreement in 1993 that reduced tariff barriers on imports from Mexico. At the time, U.S. imports from Mexico were less than $40 billion a year, and the average tariff was already less than 5 percent.

 

Of course the deadweight losses are just the beginning of the story. As the textbooks tell us, monopoly profits encourage all sorts of anti-social rent-seeking behavior, activities that we see in abundance in the case of both patent and copyright protection.

 

Starting with drug patents, the newspapers are filled with stories about concealed or distorted research findings by pharmaceutical companies who are trying to exaggerate the benefits, or minimize the risks, associated with their drugs. The corruption from companies pursuing monopoly rents permeates the research process. Medical journals routinely receive and publish ghost written articles, where prominent researchers have been paid by the industry to lend their names to company authored papers. In the same vein, the medical experts who provide guidance to the Food and Drug Administration (FDA) on drug safety are often receiving payments from the manufacturers of the drugs they are evaluating.

 

The sales effort to doctors is similarly corrupted by the pursuit of monopoly profits. According to the industry own data, more people are employed in sales than in research, as the industry relies on an army of salespeople to push its latest blockbuster drugs to doctors. Often this sales effort involves dinners, trips to resorts, and sometimes even outright kickbacks – all ways in which drug companies share a portion of the monopoly profit that they earn by selling drugs at patent protected prices.

 

Monopoly profits also distort the direction of research. According to the FDA's classification system, roughly 70 percent of new drug approvals are for drugs that do not represent qualitative improvements over existing drugs. While there is little social purpose served by developing these duplicative drugs in most instances, patent monopolies can make the development of copycat drugs very profitable. A copycat drug can allow a firm to cash in on a portion of the profits earned by a competitor on a blockbuster drug. In a world with patents, the introduction of a second drug in the market will have the beneficial effect of lowering prices to some extent (there is more competition with two drugs than one drug), however if drugs were sold in a competitive market, there would be little reason to pursue the development of most copycat drugs. The fact that most new drugs fall in this copycat category suggests that a very large share, possible a majority, of patent supported research is wasted.2

 

Drug patents also distort the direction of research by pushing it in the direction of patentable results. Research directed at finding cures or treatments based on diet, exercise, or environmental factors will not be pursued in a health care system that relies exclusively on patent monopolies to finance research. This neglect can be offset by government funding targeted specifically towards these areas, but the patent system will direct resources elsewhere.

 

Finally, the granting of patent monopolies will lead to the development of a gray market, in which unauthorized versions of patented drugs are sold. The large gap between the patent protected price and the marginal cost of production creates opportunities for profit in the same way that the high price of illegal drugs like cocaine and heroin create opportunities for profit. Since these unauthorized drugs will be sold outside of regulatory oversight (except when they are imported from countries with well-developed regulatory systems, like Canada), there will be limited quality control. Unauthorized drugs are likely to be less effective than the patented drug, and possibly even harmful. In either case, the health outcome is far from optimal.

 

To sum up, there are a long set of complaints against the inefficiencies associated with drug patents, all of which should jump out of any introductory textbook treatment of protectionism in international trade. Yet, the economic profession has been virtually silent on the inefficiencies associated with drug patents.


Alternatives to Drug Patents

 

This silence would be justified if there were no alternative mechanisms available to support the bio-medical research that leads to the development of new drugs. However, there are alternatives and they already exist. The most obvious alternative is direct government funding of drug research.3 This already occurs on a massive scale. In fact, the $30 billion that the United States federal government pays each year to support bio-medical research at its National Institutes of Health (NIH) is approximately 20 percent larger than the $25 billion that its pharmaceutical industry claims to spend on research. While this research is primarily directed towards more basic science (in order not to interfere with the efforts of the drug industry), there are many instances of new drugs being developed almost entirely through NIH support. It also requires some extraordinary claims about epistemology to argue that public funding of NIH is an efficient mechanism for supporting basic research (a contention strongly supported by the pharmaceutical industry), but somehow would prove to be a boondoggle if the agency took on the responsibility of developing new drugs and bringing them through the FDA approval process.

 

The basic numbers are very striking. If drug prices in the United States were to fall by 70 percent in the absence of patent protection, it would amount to savings of more than $140 billion a year, given 2005 spending levels. This is almost six times as much as the industry claims it is currently spending on research. Since half of this money may go to research copycat drugs of little social value, the savings from eliminating drug patents in the United States may be more than 10 times as large as the spending necessary to replace the useful research performed by the pharmaceutical industry.4

 

There are clearly better and worse ways to structure a system of government financed research. For example, the Free Market Drug Act, a bill recently introduced in the U.S. Congress, called for establishing a set of competing government corporations that would be evaluated at periodic intervals (e.g. 10 years) for the quality of their work.5 The worst performers would be put out of business with new ones created to take their place. There are other mechanisms that could be created to ensure that the funding is spent efficiently, but given the incredible waste associated with the existing system of patent financed drug research, it seems that there will be huge payoffs for both the economy and for public health by investigating alternatives.

 

It is also important to note that this issue has taken on enormous importance in an international context. One of the major areas of dispute in recent trade pacts has been the ability of less developed countries to purchase drugs without paying patent protected prices. If new drugs were placed in the public domain so that they could be produced as generics everywhere in the world, then this whole issue would quickly disappear.6 This would facilitate access to essential medicines for hundreds of millions of people in the developing world.

 

Copyrights

 

While copyright enforcement may not raise the sort of life and death issues as do drug patents, it also leads to enormous economic inefficiency. Furthermore, the extent of this inefficiency will grow through time, as technology makes it ever easier to transfer recorded audio and visual material, as well as software.

 

The standard economic texts tell us that there are large losses of consumer surplus associated with the government monopolies created by copyright protection. In the case of items like recorded music, movies, and software, material that could generally be transferred at zero cost, instead carries a high marginal cost. In addition, the difficulties of protecting copyrights in an era of digital technology have led to enormous enforcement costs. These enforcement costs include not only the costs directly associated with policing against unauthorized uses of copyrighted material, but also efforts to restrict the development of hardware and software in ways that could facilitate unauthorized reproductions of copyrighted material.  

 

There is an additional, less widely noted, cost of copyright -- it impinges on artistic freedom. In the absence of government intervention, any writer, musician, movie producer or other creative worker could take any existing artistic work and modify it in any way that they chose. This could be done for parody or as a creative extension of an existing work. (Imagine, for example, writers choosing to write dozens of different endings for a popular novel or to develop new works building off its fictional characters.) Copyright largely prohibits this practice, unless the creative worker has the copyright holders’ approval.

 

It is possible to design a system that compensates creative workers, while still leaving the choice of material to individuals (rather than some government commission), and eliminates the economic distortions associated with copyright. The basic point of such a system would be to compensate the creative worker at the point where they do their work, rather than compensating them after then fact for the work. If the creative worker is compensated at the point where he or she produces the material, then there is no need for copyright, the work can be transferred as quickly and freely as technology will allow.

 

One mechanism for this sort of compensation is a system of individual vouchers, where each adult can be given a fixed sum (e.g. 50 to 100 dollars a year), which can only be used to support creative or artistic work. These “artistic freedom vouchers” (AFV) could be paid out through the tax filing system, so that individuals could make their payments each year directly through their tax return.7

 

The system of charitable contributions in the United States provides an excellent model for such a system. Under the United States tax code, a wide variety of organizations engaged in charitable work (this includes religious activity, aid to the poor, and even publicly oriented think tanks) can register for tax exempt status. This registration allows individuals to make contributions to these organizations and to deduct the contribution from their taxable income.

 

The role of the government in this process is to simply record that an organization engages in some specific activity that qualifies for tax exempt status. The government makes no attempt to evaluate the quality or appropriateness of this activity. The only monitoring involved (in principle) is to ensure that no fraud is being committed, specifically that financial records by the tax exempt organizations are being properly kept, and that it is fact engaging in the activities in which it claims to be engaged.

 

The role of the government in the AFV system would be very similar to its role in monitoring the system of tax exempt organization. Under the AFV system, anyone wishing to receive money through the system would be required to register as a creative worker, indicating what sort of creative work they do. Intermediaries could similarly register to receive funds by indicating that they support specific types of creative work (e.g. producing jazz music, writing mystery novels, etc.). This registration entitles the individual or intermediary to receive money through the system. (An individual would have to be registered with the system to receive money through an intermediary.)

 

The one other requirement for any individual or intermediary registered with the AFV system is that they would not be eligible for copyright protection. The logic here is simple, the creative worker is entitled to be compensated once for their work, not twice. If the worker has received money through the AFV system, then he or she has been compensated in advance for the work they produce. There is no reason that the government should then also act to provide this worker or their agent with a monopoly over the distribution of their product.8

 

Even a very modest sized AFV could support a vast amount of creative work. For example, a $50 voucher would make approximately $10 billion a year available in the United States to support creative workers. If these workers received average compensation of $40,000 a year through the AFV system, this money would be sufficient to support 250,000 workers.

 

While there is no apriori way to know for certain whether the money distributed to creative workers through the AFV system would be more or less concentrated than the distribution of earnings under copyrights, there is good reason to believe that it would be less concentrated. The copyright system encourages entertainment companies to select a relatively small group of creative workers and to promote them as stars. The rationale is that it is costly to promote a singer, musician, or writer to the point where they have a mass following. Therefore, once they have succeeded in developing a star to this point, it is far less risky to continue to promote the star than to take a chance with a new prospect. As a result, the vast majority of promotional money gets spent promoting a very small group of creative workers.

 

Under the AFV system, there is likely to be less profit in promoting specific creative workers. Presumably intermediaries will attract support by demonstrating their efficiency, which is likely to mean minimizing the money spent on promotions rather than actually supporting creative workers.

 

However, the most important distinction between the AFV system and the copyright system is that all the creative material produced through the AFV system can be transferred at zero cost. Creative workers would promote the development of technologies that would allow their work to be spread as easily as possible, instead of insisting that hardware and software manufacturers find mechanisms to lock it up, so that those who do not pay cannot get it.

 

There is also no reason that copyrights could not co-exist with the AFV system. Creative workers who remain outside of the AFV system would have the option of getting copyright protection, just as is the case at present. The only difference is that the copyrighted material would be forced to compete against a large amount of creative work that is available at no cost. But copyright only provides a monopoly on the copyright holder’s work, it doesn’t protect the copyright holder from competition from free work.

 

Another desirable feature about the AFV system is that it requires minimal enforcement by the government. If a creative worker takes AFV funds, and then obtains a copyright for his or her work, in violation of the rules of the system, the copyright simply becomes unenforceable. Any person can freely distribute this person’s work as though the copyright did not exist, since it would not in fact be a valid copyright. In this case, enforcement of the rules simply requires inaction on the part of the government. This is an enormous contrast with the current efforts to enforce copyright protection, which have included F.B.I. raids on college dorm rooms, prohibitions on the development of technology, and government propaganda efforts on the evils of copyright infringement.

 

Reforming Intellectual Property: Getting Away from the Middle Ages

 

The alternatives to patent and copyrights described above may not be the best ways to promote innovation in biomedical research or creative and artistic work.9 However, it is probably even more certain that the current patent and copyright systems fail this test. Given the large and growing costs associated with patent and copyright enforcement it is imperative that alternative incentive mechanisms be explored.

 

Clearly there are very powerful interests that stand to lose from reform of intellectual property rules, specifically the pharmaceutical industry, the medical equipment industry, the software industry, and the media and entertainment industries. These sectors include many of the biggest and most powerful corporations in the world. But the strength of the resistance to reform does not affect the intellectual argument for reform. It would be difficult to identify more harmful economic policies than the current system of patent and copyright rules. They are few cases where the application of standard neo-classical economics could have such beneficial effects.   

 

 

Endnotes

 

1. There is a distinct set of issues that arises in a case where a patent is issued for a product sold directly to consumers and accounts for the bulk of the product’s price (as is the case with prescription drugs and medical equipment), compared with a patent on an industrial process. In the case of patents on industrial processes, the expected outcome is that patent holder will sell the patent to the user, who will then be able to use it at zero marginal cost, thereby eliminating the distortions associated with patent protection.

 

2. A study commissioned by the PhRMA, the industry's lobbying group, found that on average, copycat drugs cost almost as much to develop as breakthrough drugs (see Ernst & Young LLP. 2001. Pharmaceutical Industry R&D Costs: Key Findings about the Public Citizen Report. Pharmaceutical Research and Manufacturers of America. [http://www.phrma.org/press/newsreleases/2001-08-11.277.pdf]). 

 

3. A fuller account of the economics of this sort of alternative to patent supported drug research can be found in Baker and Chatani (2002), (see “Promoting Good Ideas on Drugs: Are Patents the Best Way?

 [http://www.cepr.net/promoting_good_ideas_on_drugs.htm]).

 

4. The industry estimates that approximately 8 percent of its research goes to studying production and safety issues. This research would be carried through even if all drugs were sold as generics, and therefore would not have to be replaced by the government.

 

5. A full description of this bill is available on the website of its lead sponsor, Representative Dennis Kucinich

 [http://www.house.gov/kucinich/issues/freemarketdrugact.htm].

 

6. It would be desirable to have some sort of international system that ensured that countries paid their fair share toward supporting biomedical research. Hubbard and Love (2004) provides an example of such an agreement (see "A New Trade Framework for Global Healthcare R&D." Plos Biology, V2, #2. [http://www.plosbiology.org/plosonline/?request=get-

document&doi=10.1371%2Fjournal.pbio.0020052]).

 

7. The AFV system is described in more detail in Baker 2003 (see “The Artistic Freedom Voucher: An Internet Age Alternative to Copyright” [http://www.cepr.net/publications/AFV.htm]).

 

8. It would be important that this ban on access to copyright protection extend for a substantial period (e.g. five years) after receiving AFV funds. The point of the AFV system is to establish a competitor to the copyright system, not a farm system for the entertainment industry. If the most successful people in the AFV system could simply leave and immediately become eligible for copyright protection, then the system would end up just providing a subsidy to the copyright protected entertainment sector, since it would screen out less popular artists for it.

 

9. It is likely that some sort of direct funding mechanism would be the most efficient way to support software development, another area in which patents have led to massive waste, although a decentralized AFV mechanism may be appropriate for some types of software, such as video games.  

 

baker@cepr.net

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SUGGESTED CITATION:
Dean Baker, “The Reform of Intellectual Property
”,  post-autistic economics review, issue no. 32, 5 July 2005, article 1, http://www.paecon.net/PAEReview/issue32/Baker32.htm

 

 

 

 

 

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Greed (Part II)

Julian Edney (1)

 

© Copyright: Julian Edney 2002-2005

 

 

An essay concerning the origins, nature, extent and morality of this destructive force in free market economies. Definitions. Paradoxes and omissions in Adam Smith's original theory permit - encourage - greed without restraint so that in a very large society [USA] over two centuries it has become an undemocratic force creating precipitous inequalities; divisions in this society now approach a kind of wealth apartheid, and our values are quite unlike Smith's: this is an immensely wealthy society but it is not a humane society.  Wealth and poverty are connected, in fact recent sociological theory shows our institutions routinely design inequality in, but this connection is largely avoided in texts  and in the media, as is the notion that greed is a moral wrong. Problems created by greed cannot be solved by technology.  We are also distracted by already-outdated environmental rhetoric, arguments that scarcities and human suffering follow from abuse of our ecology. Rather, these scarcities are the result of what people do to people. This focus opens practical solutions.

 

Part I of Greed appeared in the last issue of this journal and is available at www.paecon.net/PAEReview/issue 31/Edney31.htm

 

 

The Pivot

 

What drives this society? We proudly answer that what fuels people in this nation [USA] is a competitive drive to be better. The obvious result is inequality, because the intention is inequality. Competition deserves a closer look.

 

Anthropologist Ruth Benedict summarized her overseas work saying the most obvious difference among societies was whether the living was cooperative or competitive. This was the 1930s. She used the term synergy. A high synergy society is socially cohesive, cooperative and unaggressive - one person’s acts at the same time serve his own advantage and that of the group, his gain results in a gain for all. But cultures with low synergy are highly competitive and the individual gains advantage only at the expense of another, aggression is prized, indeed humor originates from one person’s victory and another’s demolition. Low synergy eventually threatens the social fabric. Her example was the Dobu of New Guinea, whose daily atmosphere of ill will and treachery among all made it a showcase of Hobbesean nastiness, and feared among its neighboring tribes. The Dobu have no chiefs, no government, no legalities and live very close to the "state of nature" philosophers propose. Danger is at its height within the tribe, not from without, and the attitude lives that it is prudent and right to inflict pain on losers to protect your win. Hierarchy is based on ruthlessness which is admired, and inequality and injustice are believed to be in the nature of things 43.

 

Benedict pointed out the world’s societies can be arranged on a continuum from those with the highest synergy to those with the lowest.

 

In our own society, we love competition and we promote inequality. A team of sociologists headed by C.S. Fisher 44 has recently tightened this argument with a treatise that first attacks the Bell Curve explanation that inherited differences in IQ and natural talent can be used to explain our unequal fortunes. They summarily deny the economist's claim that inequality fosters economic growth. Third, they state, our inequalities are by design, and they are growing. The result is that in the last twenty years we have become a steeply hierarchical society, and this is with popular support. We are choosing inequality through government economic policies that chronically distributed wealth unfairly.

 

Clearly our own society has lower synergy than we boast - and it’s falling.

 

Simply, any free market culture that would rather create a market in a resource than have abundance for all is creating inequality as it goes. But so long as we can attribute unhappiness to global limits, or to inherited individual differences, then nature is to blame. We can hoist a paradox. We can both have our levels of misery and congratulate ourselves on our modern attitudes and on a humane society.

 

Manipulation of Hope

 

That last hypocrisy is researched by two Yale scholars, Guido Calabresi and Philip Bobbitt 45 who argue we practice inequality everywhere while pretending to equality (it is so close to our notion of justice). This subversion requires a nest of contradictory customs, a shell game designed to help us avoid and deny the moral consequences. And a retreat to other standards: sometimes, conceding inequalities, we will go through contortions to show that at least we are humane. The cost of all this, of course, is honesty.

 

Calabresi and Bobbitt argue that instead of universal abundance, there is perpetual scarcity. We calibrate it so. Society oscillates between two kinds of decisions. A first order decision is how much to produce or allow of a desirable good, and a second order decision is who shall get it. If this process were obvious, we would be outraged at the insight that there is needless suffering, because the scarcity is man made. Whether the desirable good is shelter, life-saving medical treatment, an education, or decent treatment by the police, we simultaneously manage the perception that all is well when in fact it is well with only a fraction of the population. Seeing certain medications or (in war) draft-deferments only go to the rich, or seeing that with our aggregate wealth, poverty need not exist, we search for reasons that suffering comes to some people but not others. The focus becomes methods of allocation. The central insight is to see that allocation by itself is an act signifying inequality. We realize certain methods of allocation are "acceptable," meaning they do not morally offend, for instance, the free market method acceptably allocates hunger because it decentralizes choice into individual decisions, and we can blame the hungry person. So this distracts from the scarcity itself. And hope is preserved. But each allocation method is rather arbitrary. We wonder if, keeping the same overall percentages, poverty could just as well be allocated by lottery. The market does not acceptably allocate the draft, so we have to shift to another method of allocating that inequality. Mistakes in choosing allocation method pull back the curtain on the fact of the original scarcities, creating fear and outrage. But the reality is, the scarcity of doctors, on whom lives depend, is a result of a human decision how many to train - and not a limitation of Earth's carrying capacity.

 

Sensation-hungry Press

 

While we are uncomfortable with the fact that the market runs an "acceptable" number of auto deaths, cancer fatalities, or hungry four-year-olds, it allows us to explain each case as personal misfortune. It will appear there is no other choice, and our morality is preserved. So while we believe in a strong, happy society, brimming with progress and good for all its people, we get daily news hinting at our less-civilized status. The facts are, shelters for battered women are always crowded, fear permeates some schools, barbarism spreads in our prisons, and in some precincts it is becoming harder to distinguish police behavior from that of criminals. Calabresi and Bobbit continue this argument describing a societal device we use in huge efforts to preserve this contradiction.

 

The perception of humaneness is crucial. It tells us our system is both strong and good; otherwise glimpses of inhumanity are a dangerous hint that things are not working. Two examples: some years ago, a million dollars was spent on the rescue of a single downed balloonist in a dramatic, highly publicized race of helicopters and boats. The drama proved our humanity. We make massive efforts for someone in distress. What was never publicized was the chronic underbudgeting of the Coast Guard which otherwise would make such rescues routine. In a second example, heroic amounts were spent to rescue prisoners from a fire in a penitentiary. But what was never revealed is that the prison's scarce medical resources meant hundreds of others routinely went without treatment or died at other times. This type of rare and heavily publicized humane event, fed to a sensation-hungry press, creates a "sufficiency paradox", an "illusion of sufficiency" 46 that the goodness is there for us all. Generalized, this creates the illusion of abundance. The media deal in demonstrations of sudden and spectacular humanity. But for every person who gets the rare benefit, many others do not. A life-saving kidney goes to one of several people in need, and the life-taking decision about the others is not publicized. The "illusion of sufficiency" device massively confuses possibility with probability but on a societal level, it is a media-promoted and effective manipulation of hope.

 

We too use Potemkin villages.

 

Kafkaesque

 

What about all the people who lose to scarcity? People hate themselves for failing, but unless society is honest, they must absorb the original scarcity plus the anguish of not knowing how they failed and not knowing what to do. To the loser the frustration and humiliation of not knowing why, creates "the Kafkaesque cost of being in a process without knowing how to help oneself" 47. If people compared our national inequities in wealth with the insight that, through decided levels of scarcity, the aggregate amount of suffering is controlled, public emotion could erupt.

 

Calabresi and Bobbitt's point is that we must keep examining our values. Equality and honesty are prime values. But in these machinations, they are chronically opposed. We must chose honesty, then we can begin the struggle to reclaim our real humanity.

 

Corporations

 

Next we bring into this mix the vastly wealthy American transnational corporation.

 

Businesses exist to make profit. Corporations are a type of business association, ones with special legal powers and durability. They have been a usual part of the business environment since the fifteenth century. International corporations were the muscle behind European colonization in the second half of the last millennium, but in that era of horse and sail, their power was a fraction of what it is today. Some corporations have now grown gigantic, actually becoming global forces with more power and resources than some countries.

 

Actually the largest corporations derive power not only from wealth but because they can fluidly migrate to whichever nation offers the least legal restraints, the cheapest labor, the most amenable economies and the friendliest politics. In this sense they float above the world's constraints.

 

But as a rule American corporations differ sharply from the nation which hosts them. They are alien to the notion of democratic responsiveness, internal or external. In the universe of corporations everything focuses on the acquisition of resources, labor, and markets. These are the sources of power. Inside corporations Equality hides her face.

 

Corporations are not elected, so they are concerned with nobody's approval. Aside from occasional shareholder meetings, they never ask the public for ideas or permission. Nor do the workers elect their leaders. Inside, most business corporations are steeply hierarchical structures, in which employees' freedom to do what they want is openly bought for the wage. They are not responsive to the will of those they employ; some have inner dynamics that are feudal; some of their hierarchies are also jungles of dysfunction. In democratic America most corporations are iridescent examples of autocracy, thriving on soil where the Constitution guarantees everybody's freedom and equality.

 

Nevertheless, the overwhelming portion of our population denies any problem. Charles Derber, among several writing on this topic, believes there are specific reasons we don't even think about corporations. First, we are all educated to look elsewhere, for instance to unchecked government, as the primary threat to freedom. Second corporations make and sell our creature comforts, so we can't tamper with them without threatening our prosperity. Third, we feel powerless. The concentration of corporate power is inverse to people's feelings of personal power. Fourth, we see no alternative 48.

 

Powers without Obligation

 

If wealth is the only standard we use to judge, then we have to admit corporations are staggering successes and everything to venerate. They absorb people's lives. We consume their products daily, use their services hourly, rely on them for information. We are dependent. We compete to work in them.

 

What protects them is that we are taught the system is rational. We are also taught that the goodness of a society depends on how well its topmost members are doing, so the higher our topmost members, the more they are discussed with awe.

 

The natural foe of corporations is government. But international corporations are so wealthy they slide over governments. They have become like tourists in their own country. As they lose national loyalties, they come close to becoming powers without obligation. As the largest transnational corporations grow, they become sovereign and untouchable 49.

 

The Corporate Personality

 

Roughly there are, I suppose, two kinds of people. The first divides the world into Good versus Bad. The second divides the world into the Strong versus Weak. These two types never can communicate. Among the latter, the concern is never to be caught weak because hell takes the hindmost, and among them all talk about goodness and ethics is irrelevant, and every effort is given to staying strong. This second type infests corporations. They are refractory to talk of humanity and you can shout all you want and they will not listen; every ounce of their attention is given to their competition.

 

Their rules of engagement are Darwinian.

 

Large scale competition among these massive corporations is what upgrades

greed from whimsical excess to lethal force.

 

Two Areas of Corporate Control

 

First, Christopher Lasch points out that private universities depend on corporations, through investments, grants, or otherwise; and wherever their money is used, corporations influence state universities too. Consequently you will find free discussion on university campuses on almost any topic but one. Academic debate is not used to deconstruct the corporations that feed them.

 

The News

 

The second important area of control is corporation ownership of the media.

 

Through corporate competition, we now live in a system in which a few colossal media conglomerates dominate the news outlets. A typical conglomerate owns film studios, television studios, publishing houses, retail outlets, theaters, newspapers, music studios, cable channels, and in some cases, amusement parks. This oligopoly of conglomerates is small. It has overwhelming financial power, and it is not responsive to the will of the public.

 

Corporations exist for profit, so the news has become a commercial product. Largely, the same mentality making decisions about entertainment is now making news decisions (and the two, according to Neal Gabler, are increasingly difficult to tell apart 50).

 

Analyst Robert McChesney 51 says commercialization of the news has been a slowly growing process, starting in the 1840s when it was realized that selling news could actually make an entrepreneur money. Greed rather than journalistic standards took journalism astray in the era of the Yellow Press when stories were written for what sold and all the money came in from readers. Later on, newspaper owners started getting bigger money from advertisers. Nobody objected, because then as now, the myth is that the prime enemy of a free press was the government, that competitive free market capitalism would always keep the media unbiased and democratic.

 

Missing Topics

 

We do have some control over which media programs we watch. We still can choose among television channels, but the overwhelming majority of channels are commercial, and corporations exert fine-grained control over the consumer's viewing diet. And unlike Canada's and Britain's, America's noncommercial channels are not guaranteed by the government. They depend on grants, charity and viewer contributions. They cannot hope for the stability, size and power of their commercials rivals.

 

The result? Television news viewers are carpet-bombed with advertising. Advertisers actually survey for the kind of news that is interesting to the viewers who have money to buy products. Advertising firms are so influential that current journalism avoids antagonizing them and politicians avoid antagonizing them. McChesney says their control extends to blacking out certain topics. So while education, drug testing, gay rights, religion are mentioned on commercial television, other topics such as the representativeness of the media system is a topic that is never aired. Social class issues are avoided. If we live in a society of inequality, then we can wonder, every time the television shows us the upper reaches of abundant success, which scenes of poverty have been excised. Programs about the poor are rare.

 

In effect, says McChesney,"media firms effectively write off the bottom 15-50 percent of society."52

 

All of which, he continues, is undermining democracy.

 

Among McChesney's remedies: first, make how the media are used a political issue. Second, a separate 1% tax on advertising would raise substantial revenues (he estimates $1.5 billion annually) which could be used to subsidize the nonprofit media.

 

Advertising

 

We absorb from the television, and that is what advertisers want.

 

We take advertising seriously. Over a hundred billion dollars is spent annually on advertising. Its goal is to occupy the drive and psyche of the nation with wants, so that the nation will spend.

 

But the media are doing much more.

 

It is decided not to show on television the varieties of fear in our rooming houses and alleys where people live in the lowest reaches of poverty. It is decided not to show our hungry people living in tilting rural shacks. Nor the ranks of exhausted faces in city sweatshops. Lost, abject, hostile, desperate, these people's glances are pulled aside by complicit belief that failure is the lot of the damned. These people are quite available for filming and quite imageable. Instead, television is filled with cacophonous distraction.

 

Contradictions are withheld in the news. For instance, new technology is lionized in commercials. But technology itself is amoral. For example, it is also making torture easier. No one would mythologize the kind of free market where people made profits marketing whips and thumbscrews, but a recent Amnesty International investigation reports that currently more than fifty U.S. companies manufacture equipment like stun belts and shock batons designed specifically for use on humans (these devices inflict great pain but leave little physical evidence) 53. Difficult topics encourage thought, and they take time away from commercials.

 

War on Logic

 

Somehow the painful gap that exists between poverty and abundance must be anesthetized. Television is the means. We stuff television reality in the gap. Twenty-four hours every day commercial television is an ongoing polychromatic display of games, short dramas with gunplay and florid sex, perpetually interrupted by iridescent advertisements. Television both provokes fear and promises ecstasy in ultra short attention spans. It feeds a national obsession with beauty, teasing with glossy bodies, glossy cars, luscious scenery.

 

What is shown in commercials is overflowing abundance, specifically in terms of climactic moments. Now a race is run and now a prize is taken; now a man works for all of a second and a half, then it's time for beers; now all the cooking has been done, and a sumptuous meal is ready 54. The troubling theme is that human effort is noisily trivialized in commercials. This is the narcotic. Television lathers a bright, noisy blur over anything like sustained effort, perseverance, focused long term goals, and over a society with chronic stresses.

 

The evening news systematically distorts normal time. Downtown riots in Seattle are given less than a minute (some of which is the reporter's talking face), shift to shots of a dog frolicking in a fountain, shift to minutes of a freeway chase. The picturesque is pursued, the serious is trivialized.

 

These are moves in a war against logic. And if you watch television, you are having your thinking disrupted. The busy-ness of rapid shifts of focus, the effervescent color, the edgy, dramatic music, all make it difficult for viewers to build independent ideas.

 

Neuroses

 

But instead of asking what the frenetic distraction is about, we follow suit, with impulse. It's not just that advertisers say, you can solve your problems by drinking our wines or wearing this underwear. It's not just that each product is introduced as if it was the future of mankind. It's that the commercial saturation has been effective. No one mentally argues with the advertising. The real loss is that advertising is now accepted as if it was information.

 

As with any other drug, we need increasing strengths. The only way to find out what television is doing to you after years of watching is to turn it off for a month. Turn it on again after abstinence, and it seems like a television's bid for our attention is like repeatedly shooting a pistol into a chandelier.

 

Television also grows neuroses in the corners of its watchers. It grows invidious comparisons in us. Comparison shopping, comparison socializing - eventually we live life by the method of comparisons. Television is carefully producing hordes of viewers who are good at one judgment, namely, whether the neighbor or the person sitting across the room is a little better or a little worse off. This powerful judgment, 'I'm a notch better than he; I'm not quite as attractive as she', is what Alfred Adler diagnosed as a neurotic style 55, with powerful motives to compensate. Television grows envy in us, and the fix is to acquire. The result is a powerful narcissism, and an increase in the rates of depression 56 among watchers who cannot keep up, unable to match their lives to television's perfection.

 

Greed, like many addictions, is all about the sudden and spectacular. Advertising is passionately decorative, if thin as a billboard. It serves the sudden and spectacular.

 

Against images of poverty, fear and hunger, television also churns routine optimism into its daily programming. All is delivered in a happy, chatty style. More, each day, television will be noisily emptied out and reinstalled the same.

 

Sum

 

In a free society, some people's greed inevitably means deprivation for others. This does not require environmental limits, it only requires persistent and competitive self-promotion, and in a vast nation whose economy is two hundred years devoted to these principles, we now inhabit a society with a small fraction of astronomically wealthy individuals towering over a growing mass in poverty. America is arguably now more unequal than any of the original European cultures, yet we cling to and proselytize a horribly outdated economic theory which implies equality but actually delivers more inequality. Greed is the outstanding wrong because it reverses the utilitarian ethic. It produces the greatest good for the smallest number. Democracy's founding virtues are freedom and equality, so greed without restraint, producing great inequalities, becomes an undemocratic force.

 

This is an amazingly complex economy but we still raise our young on sleeveless country myths. They never explain a market's preferences for ensured scarcities, designed inequalities, and increasingly segregated economic classes. Our schoolbooks teach, after the demise of communism, that there is no superior alternative to Smithian economics. Adherents believe that free market capitalism is the end of history.

 

Remedies

 

The reflexive defense, of course, is that we already have remedies. That we protect our poor with aid and support, that our government provides a safety net for the least fortunate in the form of welfare and food stamp programs.

 

These programs are a shambling failure. Reports detail the thin efforts of our sprawling agencies to get food to Americans who are now hungry. In California, of the millions who need aid, only 45% of the eligible are able to get food stamps even when they qualify. The other largest states show similar agency breakdowns. The hungry are trying other sources, so demand at food banks is rising 57. But Americans turning to emergency facilities are too often rebuffed. Cities are failing to meet an average of 26 percent of requests for emergency shelter, 30 percent of requests by homeless families. Government safety nets are simply broken, and at this writing some states are cutting back further 58.

 

We do not properly protect our poor. Decades-long efforts in the Great Society program and the War on Poverty have failed to improve opportunities for the poorest Americans. As an index of our current concern, consider the national allocation for Food Stamps. It stands at 0.0017 of the Federal Budget 59. Already tiny, Federal food assistance allocations actually declined from 1995 to 1999 60.

 

I'll sketch other options that don't work.

 

What about private charity? Since droves of homeless people (one quarter of whom are children) still roam the big cities, since we have unfed hungry, and since it has been that way for a long time and is not getting better, private charity has obviously been ineffective. It is too little, or sporadic and unreliable.

 

What about the churches? Their purpose for existence includes helping the weak and needy. Curious for numbers, I divided the number of homeless (conservatively estimated at 700,000 on any given night, 2 million sometime during the year) by the number of Christian churches. This nation is filled with churches: the World Almanac lists over 330,000 Christian houses of worship 61. If each church took in 6 homeless, there would be no more homelessness. (We are taught that God and money don't mix. But actually the struggle between church and capitalism has always been subtle.)

 

What about positive thinking? With enough love and trust and hope and unity and sensitivity and inclusiveness, will antisocial greed disappear? Well, we might hope that goliath profiteering corporations will desist in their exploiting, voluntarily come to their knees and want to be part of godly world harmony. But they will not. Universal tolerance will not stop transnational corporations wringing their profit from the sweat of laborers' faces. And these bromides do not create change, just a lot of weary smiles from well wishers. On the topic of attitude, we'll treat smiling rationalizations the same, such as the rationalization that 'greed is the sin that's good for the economy'. This sort of solution is just a delay which will float us over relatively good times. At present we have relatively high employment, so the vast majority of Americans are at least earning some amounts of money. But this is like a tide risen high, which covers all manner of unsightly things on the sea floor. They are not gone. Should the tide go out, they will reappear. Opines business professor Jim Johnson, "If you ask where all this could be heading, in the event of an economic downturn, we could see another 1992 civil unrest." 62.

Stopping the Gap from Becoming Wider

 

Harvard's John Rawls 63 has a way to repair a whole society skewed into these inequalities. Rawls asserts the misery of some is simply not made acceptable by having a greater good, as proposed by utilitarianism, because that violates the principle of justice. First Rawls insists that in addition to freedom and equality, there must be a prior value in democracy, justice. And that economic rationality and justice should forever be opposed.

 

Rawls insists on a shift in focus. We should not judge a culture by how its topmost members are doing, but by how it treats its lowest. His solutions follow. First, this society should decide how low any member can go. That establishes minimum rights. It requires we identify the least-advantaged person in society, and draw focus to him. Next, the very op and the very bottom of society should be (and all intermediate levels should be) connected, as if by a loose linked chain. Then if the top rises, it pulls the bottom up with it. If the bottom moves up, that closes the gap toward equality. This arrangement does not prevent any upward rise; but it establishes consequences on movements at the top.

 

Other Remedies

 

We must look down. Even Business Week pointed out that if the current wave of prosperity recedes, America's many social ills, with hunger and homelessness, could return with a vengeance, editorializing that the Federal Reserve and Congress should be guided in their policy actions by what's happening at the bottom of society, not by the bubble at the top 64.

 

The mystique of poverty has to be cracked. A television series 'Lifestyles of the Broken and Hungry' would not top the popularity charts, but my point is that if media paid attention to the bottom rungs with one-tenth the insistence in our commercial advertising, remedial changes would occur. Further, public service messages resurrecting the concept of the common good, would be a beginning.

 

Actually remedies for greed do not have to be expensive, nor big, organized programs. Primary education depends on the skills of individual teachers, and if talented educators can reinstall the Golden Rule (Do as you would be done by) in their primary classrooms, some of the damage could be reversed. We need preventatives. Greed has to be reinstalled as a moral wrong, and in religious circles, as a sin.

 

Up the educational ladder, remedies will be resisted. Here lives the fashion for nonjudgmentalism. An extension of moral relativism, this trend to universal acceptance is a couple of decades old and "Who am I to judge?" is now the standard of the gentle classes and educated elite, even spreading to exotic healing practices and 12-Step programs where it is thought that to suspend judgment of self and others is for the betterment of society. This is nonsense. Comfort only brings inaction, nonjudgmentalism is moral vacuum 65, and eventually we will have no conscience to stop what is happening.

 

High on the academic ladder, of course, is economics but our best economic theory has delivered us contradictions and reverses. Volumes produced by economists, all written with graphite dispassion, seem to promote opposites, and you wonder if a coup was carried out by those adept at complicated thought. Just drive through any big city, you will see newsstands sporting magazines with glossy coverage of billionaires, these newsstands adjacent to people living among girders and sewage drains, alleys, scaffoldings and grates.

 

Among the social sciences, psychology may provide a specific remedy. The Diagnostic and Statistical Manual of Mental Disorders (DSM IV) 66 is a standard used by all psychotherapists. It is a compendium of all mental illnesses and it is used as a diagnostic tool in training psychiatrists, clinical psychologists and social workers. This book has been expanding through succeeding editions as more and more mental conditions have been described (which has expanded the domain of clinicians so far it is now said that about half America's population could be diagnosed with some mental pathology or other 67). It is time that greed be listed in DSM IV. With well directed psychological research of course greed will turn out to be a personality trait with a distribution in the population, and personality tests will be able to screen for extremes.

 

Moral Inertia

 

So there is a moral cause here. But the average person hangs back from active protest.

 

The problem is, even if we are not personally greedy, we have connections to corporations that are. We are happy consumers. Challenging the company we work for - would that be hypocrisy?

 

Second, activism, we think, is radical action, and what about all that street rant "if you're not with us, you're against us!" - but we cannot rebel because our corporation is also our rent, and we enjoy the good living we make, and we're not giving that up.

 

Perhaps that explains why our most articulate writers are so quiet on this topic. They also look within. So, bluntly, we need a whole new strategy for change, in which a person who feels he is part of the problem may also be part of the solution.

 

Enter some new thinking. Max Bruinsma is a sharp critic of the damage wrought by contemporary advertising in the service of relentless acquisition. But times have changed, he says, and he argues the polarizing slogans of past social revolutions (you're either with us or against us) don't apply. We're in a historical shift. The modern activist is different. The rationale: culture today is driven by commercial advertising. In it, a particularly worrisome new trend is for advertisers to soften up our thinking with billboard-size paradoxes. Building-size ads fill our view and state that buying a very mainstream computer (Mac) is 'thinking different'. Across the street another billboard shouts that acquiring a glossy SUV is a singular act of rebellion. Bruinsma quotes more examples: "Sometimes you gotta break the rules," (Burger King), "Innovate, don't imitate" (Hugo Boss), "Be an original" (Chesterfield cigarettes). The central insistence of these is that conforming = rebelling. And we remember the Orwellian slogans, Peace = War, Slavery = Freedom which, in 1984, reduced a future society's minds to value-free mush.

 

Well, we can follow suit. We can generate our own examples of contradictions. So, perhaps, commercial success and social responsibility are not incompatible anymore. Everything is possible if you use self-contradiction; you are able to both work for a company, and rebel against it. Corporate rebellion = loyalty.

 

This leads to a technique a 'Sixties activist, Rudy Dutschke, once called "the long march through the institutions." It is a long term and less bloody strategy. Go in, behave - and take over. The new culture agent is stylishly dressed, well paid, and works in an plush ad agency, designing resplendent ads which promote the return to honesty and social justice, humaneness, equity and the common good 68 .

 

The next revolution will be inside corporations.

 

 

Conclusions

 

As the rich get richer and the poor get poorer we drop our pretenses to humanitarian democracy, instead salute material excess, accept Darwinian business ethics, and pin up as our national polestar the most powerful corporations.