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Privatizing Political Power

Public Good Project

March 16, 2015

by Jay Taber

billionairesmeeting

As anyone who follows news from the U.S. Department of Justice knows, Bill Gates is an adherent of monopoly capitalism. His empire, built on privatizing public information and technology, reflects his belief in plutocracy.

Like earlier captains of industry — who used public investment to privatize political power — Gates has harnessed his fortune to evangelize on behalf of privatizing schools, prisons, and plantations. His investments in social engineering have made it possible for Gates to largely avoid public censure.

Gates and Buffett

Along with his close friend Warren Buffett, Gates is now making money shipping Tar Sands bitumen and Bakken Shale crude via tank cars on Burlington Northern Santa Fe railroad (owned by Buffett) and Canadian National Railway, of which Gates is the largest shareholder.

 

[As an associate scholar of the Center for World Indigenous Studies and a contributing editor of Fourth World Journal, Jay Taber has assisted indigenous peoples seeking justice at the European Court of Human Rights and the United Nations. Since 1994, he has served as creative director at Public Good Project.]