New York, New York (Accredited Times) – Competition brings out the worst in people. Remember Mark McGwire, the cheating baseball player who used performance enhancing drugs so he could “break” the home run record? Remember Michael Milken, the “Junk Bond King” who committed fraud so he could beat the Wall Street competition? Why did they cheat? Competition.
Progressive economists understand that cooperation, not competition, works. Sharing means caring. Just look at the world’s top economies, like Venezuela, Cuba, and North Korea, and you’ll see systems that use cooperative models organized around the principle that having one big corporation (government) is better than having lots of little corporations (so-called “free market economics”). That’s exactly why every state DMV office works so well.
Competition seriously hurts the poor. As Senator Bernie Sanders (Democrat/Socialist – Vermont) noted, “You don’t necessarily need a choice of 23 underarm spray deodorants or of 18 different pairs of sneakers when children are hungry in this country.” Chairman Mao Zedong similarly remarked: “The change-over from individual to socialist, collective ownership in agriculture and handicrafts and from capitalist to socialist ownership in private industry and commerce is bound to bring about a tremendous liberation of the productive forces.” When productive forces are controlled by one entity, everything works much better.
Now we’ve learned that Disney is buying 21st Century Fox’s entertainment assets for $52.4 billion. This is excellent news and should further help consolidate the media down from six or so major corporations to the ideal number: one. The news is even better given that roughly 40% of Disney’s employees belong to the LGBTQ+ community and that Disney, which owns ESPN, has constantly pushed for progressive political causes, such as abolishing the national anthem.
Socialist hero Joseph Stalin once noted that the media is “is the sharpest and strongest weapon of our party.” A Disney-Fox acquisition is excellent news and should help lead America to a bright socialist future.
In the end, there will be only one media organization: the Accredited Times.