After a generation of subtle class war by the rich, a new pattern is emerging in the West: popular anger.
Which is more violent – a man who riots because he is starving and is being
ignored by the authorities or a bank that sends in armed private thugs to evict
a homeowner from a house the bank wants to foreclose on?
Which is more radical – forcing workers into unemployment or nationalizing
the bank responsible for that wave of unemployment?
It is time for the West to
wake up to socio-economic realities before the class war being provoked
by the lust of the superrich returns us all to the grim battle between the
extreme left and fascism. Bad as it has become, overall the last 75 years have
been far better for Westerners than the bloody 1914-1945 war years. A rising
class of educated, comfortable workers, both blue- and white-collar, is the
goose that lays the rich banker’s golden eggs, and now
these bankers are smashing those eggs out of pure spite – if they can’t have everything, they
prefer to destroy society. That is what I call extremism. The total defeat and disappearance of the extreme left after the moderate tide of the New Deal compromise began lifting all boats contained a built-in poison: nothing inherent in that compromise actually prevented the super-rich from taking over, and the complacence of the increasingly comfortable and complacent middle class has permitted exactly that: the moderate middle moderately allowed the extreme right to continue to exist and now it is taking control.
The super-rich have many weapons, from wealth to the revolving door that enables them to control public policy and warp the system to their private advantage, but perhaps the most powerful weapon of the rich is linguistic: the rich define words, and both the complacent middle class and the increasingly angry but confused poor accept those definitions. As long as the 99% use the definitions of the super-rich, they will fail to see what is being done to them.
"Radical" is defined as anything that threatens the privileges of the rich. "Violence" is applied only to violence by the poor, never to violence by the rich. As for moderation, that would be an approach designed to preserve the livelihood that our society is accustomed to, would it not? Is it not self-evident that policies supporting the lives of all are moderate, while policies that steal from society for the benefit of some small group are...extremist?
Once our definitions are made logical, we can begin defending our values. How? Send Jamie Dimon toHollywood to play the bad guy in a cops-and-robbers flic.
Consummate actor that he is, he’d be a star. Then,
appoint Elizabeth Warren to dismantle that great casino called J.P. Morgan and replace it with a
thousand small-town banks that…do banking.
"Radical" is defined as anything that threatens the privileges of the rich. "Violence" is applied only to violence by the poor, never to violence by the rich. As for moderation, that would be an approach designed to preserve the livelihood that our society is accustomed to, would it not? Is it not self-evident that policies supporting the lives of all are moderate, while policies that steal from society for the benefit of some small group are...extremist?
Once our definitions are made logical, we can begin defending our values. How? Send Jamie Dimon to
A pattern is emerging in the
West as the class war of the rich slowly slaps people awake. The S&L crisis, today
remembered only by William Black, was “unique,” so no lessons needed to be learned. Mexico was just
Mexican; we quickly bailed out the Wall St. banks. The Asian Financial Crisis
was just “Asian,” even though it exploded
into Russia and Brazil , so what did that have to do with “us?” The dot.com crisis was
amusing. No one was ever guilty, and even if they were, they were foreigners or
nerds. Then came 2007 and a few million foreclosures. “Change” put a closet
conservative who refused to jail billionaires into the White House, provoking
the Occupy Movement; then France returned the Socialists to power; then Greeks said, “Enough!” And now Ireland will have a May 31
referendum on, essentially, the EEC policy of austerity for the poor and a pass for the rich. In the
background looms Spain , with 20% unemployment, and over there, the Spanish Civil War is not
forgotten.
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