Class Warfare Blog

November 27, 2013

Capitalism’s Own Worst Enemies: Capitalists

Prior to World War 2, the biggest capitalist bugaboo was the socialists. In fact, the fear of a strong U.S. Socialist Party was used deftly by Franklin Roosevelt to get the titans of commerce and industry to not oppose the 90+% marginal income tax rates he was proposing to fund the war effort. The conservatives were so afraid of the attraction of socialist ideas to poor people that they went out of their way to destroy the U.S. socialist parties. Post WW2, the bugaboo transformed into a fear communism, clearly a brother to socialism. There were communists in the government and under the bed, oh, my! This lasted until the fall of the Soviet Union and has been replaced lately by a loathing of Eurosocialism, “Socialism!” once again, albeit as only a mere shadow of its former state of disgust.

One can see why confirmed capitalists would hate such economic systems as they would stand in their way of becoming even more filthy rich than they are. So, since communism has been discredited and the socialists run out of town, what is left to oppose the might of the capitalist juggernaut? Very little, it would seem.

Wiser capitalist heads would recommend that one and all settle in for the long haul, become less visible, and just chuckle all the way to the banks, which they own, of course. But alas, that strategy has not been adopted. Instead, capitalists have decided to grind as many people under their boot heels as possible, to extract every possible dollar from the middle class, the poor, and the elderly so they can have another automobile elevator in their garage. Since the social safety net will require some taxation to support it, it has to be drastically trimmed back. High unemployment keeps wages low and profits high, so a jobs program? Not upon your life! And so on.

So why are these capitalists driving the bulk of American citizens back into the arms of socialists? Back into the arms of people who care about common people? Well, you see, big time capitalists really do believe that greed is good. They just can’t help themselves acting upon their credo.

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6 Comments »

  1. Sadly true, and there are a million and one ways with which the captains of industry and finance can “rationalise” their behaviour.

    Comment by john zande — November 27, 2013 @ 11:49 am | Reply

    • Yeah, but from their point of view this will turn out to be counterproductive. They won. All they have to do is sit back and enjoy the fruits of their labor. Can the Koch brothers do that? They are spending millions upon muillions of their own dollars on politics that will be counterproductive, either in an effort to protect what they’ve got or reshape the world to their own liking, both of which are fools’ errands.

      Realize that they could use that money to corner the emerging markets that they find so threatening (like Microsoft, wait until a startup company looks promising and buy them). They could diversify to other markets. The easiest way to make a lot of money is to start with a lot (they did, from Daddy) and then invest it wisely. They should never have a worry about “having enough” for their and their children’s lives. But still they are spending and spending all in an effort to push everybody else downward and into the arms of socialists. (I am rapidly becoming a Eurosocialist.)

      ‘Tis great puzzlement!

      PS We’ve moved (again)! Just change the Apt # from 28C to 17A (110 feet down and about 30 feet east). Effective Date: October 1, 2013

      *Entia non sunt multiplicanda praeter necessitatem.* ************** Steve Ruis

      Comment by stephenpruis — November 27, 2013 @ 11:57 am | Reply

      • Anyone involved in the John Birch Society is automatically insane.

        Comment by john zande — November 27, 2013 @ 12:21 pm | Reply

        • Now, now, I’m sure they have a token sane person, uh, nationally. ;o)

          PS We’ve moved (again)! Just change the Apt # from 28C to 17A (110 feet down and about 30 feet east). Effective Date: October 1, 2013

          *Entia non sunt multiplicanda praeter necessitatem.* ************** Steve Ruis

          Comment by stephenpruis — November 27, 2013 @ 12:32 pm | Reply

          • Some of their best friends are sane people 🙂

            Comment by List of X — November 28, 2013 @ 12:24 am | Reply

            • Yeah, but they are enablers, I’ll bet! Encouraging their bad behavior. (And it is not that I don’t like hanging around with rich people. . . .)

              PS We’ve moved (again)! Just change the Apt # from 28C to 17A (110 feet down and about 30 feet east). Effective Date: October 1, 2013

              *Entia non sunt multiplicanda praeter necessitatem.* ************** Steve Ruis

              Comment by stephenpruis — November 29, 2013 @ 8:10 am | Reply


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