New CT Feature: Visual Evidence of Corporate Capitalism’s Extreme Decrepitude

One good thing the internet can do is show pictures, which really are often worth 1,000 words.

Hence, I’m hereby launching another new occasional Consumer Trap feature — the Visual Evidence of Extreme Decrepitude, or VEEDs.

Our overclass of major corporate shareholders entered into its terminal decrepitude in the 1970s, when its military and ecological/energy requirements first decisively revealed their true nature and non-sustainability, and when their system for endlessly further enriching themselves also revealed its inability to tolerate any meaningful reforms.

Ever since the “Reagan Revolution” officially enshrined their “new” policy of responding to all challenges by redoubling the same old efforts and keeping the ostrich’s head firmly down in the sand — i.e., the policy we’ve lived under ever since, regardless of the (R) or (D) asterisk attached to the various admittedly and committedly bipartisan “leaders” that have followed — their system has been busily squandering its own seed-corn. This, of course, happens to be the seed-corn of the whole human race, as well. Under present arrangements, it still just happens to belong to the commanding “entrepreneurs” among us.

So, without further ado, permit me to unveil the first in a running series of visuals showing why radical socio-economic reform and wealth redistribution are in very pressing order:

What is this? A new kind of movie theater?

No. It is a picture of the personal “media room” of one Jeremy Kipnis, son of a famous “classical” (i.e., old European) music conductor. Its cost to build? $6,000,000 US.

The “enterprising” Mr. Kipnis, you see, is hoping to use his inherited wealth to go around and provide other obscenely over-privileged persons with the pleasures of this “Kipnis Studio Standard.” As one slavering “audiophile” blogger reports:

Kipnis sees the KSS as a laboratory, an ongoing experiment to advance the state of the art. And it’s not just for himself; he’s dead serious about selling the KSS to movie-industry professionals and wealthy home theater aficionados. He sees his huge screen as an intrinsic part of the experience. “It’s an unprecedented level of immersion that I’m looking for.”

In the year 2008, this is the stuff of elite living. Watching the self-same cartoon-movies as the masses, but in media rooms of such unimaginable ornateness and gilded over-construction that they make a Versailles parlor look like a cabin in the woods.

Peak oil, mass poverty, ecological and military crisis, domestic and international bubbles-first economic mal-development?

“What’s that, friend? I can’t hear you. I’m watching the new Pixar cartoon in my KSS room!”