August 27, 2007
BROTHER MALCOLM IS DEAD AND HOUSEHOLD NET WORTH IS $56 TRILLION:
Profit Of Doom (Jason Miller, 27 August, 2007, Countercurrents.org)
Capitalism, as Malcolm X suggested, is in its twilight. Under this egregiously malevolent and brutal system of economic organization, we have “evolved” to a point where corruption is so pervasive, the divide between the “haves” and the “have nots” is so vast, and the imperial wars for resources are so frequent and destructive that as it is imploding, capitalism may take most of us with it.Despite the fact that he mixed his metaphors a bit, Malcolm drew an astute conclusion. With the United States as its nexus, the complex array of components and dynamics known as capitalism sustains itself in much the same way as did Bram Stoker’s Dracula and the vampires of Slavic folklore.
Like the bloodthirsty undead of Transylvania, capitalism is essentially parasitic. Contrary to the inane mythology that anyone who dreams, comes up with a novel idea, follows Oprah “wisdom,” and works hard will eventually sport a net worth north of seven figures, there is very little true upward mobility in the United States. High regressive taxes, low progressive taxes, de facto monopolies, nepotism, cronyism, bribery, a legal system blind to economic crimes of the highest order, and a host of other factors ensure that the rich stay rich and that those in the working class have just enough to ensure their continued existence as hosts for their parasitic masters.
Most capitalists -those who rest comfortably at the apex of humanity’s pyramid of wealth and power AND reside in the penthouses of the Park Avenues of the world–do not engage in the activity which is the staple of existence for most of us.
Talk about stuck on stupid--does this character have any idea how many filthy rich capitalists there are in pretty much every suburb and exurb in America? Posted by Orrin Judd at August 27, 2007 6:02 PM
Forty years later we're still in capitolism's twilight? This must be a side-effect of that Fascist nightfall that's always starting to descend on America.
Reminds me a bit of the metric system imminent arrival.
Posted by: erp at August 28, 2007 11:31 AM