Your future dream is a shopping scheme

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Hundreds of thousands of demonstrators marched in London this weekend to protest government cuts. (Common estimates ranged between 250,000 to 500,000.) Though the march was largely peaceful, an upscale grocery store was occupied and banks and shops were vandalized.

Steve M. provides a summary over at No More Mr. Nice Blog and wonders if what well-known commie Teddy Roosevelt termed the Malefactors of Great Wealth can be compelled to pay their fair share by peaceful means. Hilariously, wingnut blogger Donald “Sasquatch Israel” Douglas makes an appearance in Steve’s comments to “record…support for anarchism,” just as he once bravely bore witness to the anti-Semitism inherent in assertions that Bigfoot exists.

But all silliness aside, the answer to Steve’s question—can the über-wealthy be persuaded to pay their fair share by non-coercive means—is no; the only question is what degree of coercion will be required. The über-wealthy already feel victimized and put-upon. We do not inhabit the same reality, which precludes reaching an agreement.

Greenwald (yeah, I know) analyzes a rare Koch brothers interview in The Weekly Standard that demonstrates this point precisely. Billionaire David Koch says this about the president:

“He’s the most radical president we’ve ever had as a nation,” he said, “and has done more damage to the free enterprise system and long-term prosperity than any president we’ve ever had.”  David suggested the president’s radicalism was tied to his upbringing. “His father was a hard core economic socialist in Kenya,” he said.

Greenwald puts that assertion in its proper context:

Since Obama was inaugurated, the Dow Jones has increased more than 50%—from 8,000 to more than 12,000; the wealthiest recieved [sic] a massive tax cut; the top marginal tax rate was three times less than during the Eisenhower years and substantially lower than during the Reagan years; income and wealth inequality are so vast and rising that it is easily at Third World levels; meanwhile, “the share of U.S. taxes paid by corporations has fallen from 30 percent of federal revenue in the 1950s to 6.6 percent in 2009.”

Pity the poor fat cats, whose delicate frames are warped by being forced to carry around such a gigantic pile of sweet sweet moolah. Maybe Jerry Lewis could do a telethon or something.

In a democracy, rectifying dangerous levels of wealth inequality should be possible at the ballot box. There will always be more of us than there are of them. But when corporations attain personhood via the Supreme Court and control the flow of information by consolidating media outlets, things get a lot more dicey. 

So, will wingnut overreach such as is currently on display in Ohio, Wisconsin, Michigan, Florida and elsewhere result in ballot backlash that moves us incrementally toward a more equitable society via timid feints at banking reform, health care reform or corporate tax code revisions? Will a similar dynamic occur in the UK? Or will everything blow up first? Damned if I know. But at least we have a soundtrack.

Posted by Betty Cracker on 03/28/11 at 07:10 AM • Permalink

Categories: PoliticsBedwettersElection '08Election '10Election '12NuttersTeabaggery

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Man, the Donalde is such a douchey little freak.

The fact that he’s such a low-ranking nobody and is still able to hold a moderately credible job while being a wildly public idiot, offendotron, and trollbag makes me despair that anyone will ever suffer any consequences for douchebaggery.  :/

As much as I love NMMNB, the backwards comments leave me frightened and confused.  The first comment left should come first.  And then the next, and so on.

I’ve seen a lot of over-romanticizing of our “anarchist” hordes in a few blog posts.

I’d just like to point out that whatever the revolution looks like, I doubt it’ll resemble a bunch of masked neds stoving in the windows of a few burger bars and banks then running away.

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