Even the most ardent reactionaries, deluded ‘patriots,’ and apathetic cynics, whose myopic, Panglossian perspectives ensure that they continue to reflexively genuflect to the deeply criminal enterprise of American Capitalism and rationalize the savage imperialism of US foreign policy, are beginning to concede that we are in the midst of a crisis of epic proportions. So lack of awareness, which is usually the first obstacle to solving a problem, isn’t the real enemy here. Our chief foe is a swarm of greed-driven, self-absorbed, mean-spirited locust-like human beings who are dedicated to “reforming” and perpetuating capitalism, the very system that has led us to this woeful state of environmental, economic, social, and political affairs. Capitalism, the systemization of greed, selfishness, subjugation, and exploitation camouflaged by the narcotic of consumerism, the irresistible illusion of equal opportunity for all, and its ostensible compatibility with liberal democracy, has seduced hundreds of millions of people into ignoring its contradictions, injustices, and malevolence.
And now a few more links on the subject of capitalism:
Bailout Recipients Hosted Call To Defeat Key Labor Bill
Participants on the October 17 call -- including at least one representative from another bailout recipient, AIG -- were urged to persuade their clients to send "large contributions" to groups working against the Employee Free Trade Act (EFCA), as well as to vulnerable Senate Republicans, who could help block passage of the bill.
Bernie Marcus, the charismatic co-founder of Home Depot, led the call along with Rick Berman, an aggressive EFCA opponent and founder of the Center for Union Facts. Over the course of an hour, the two framed the legislation as an existential threat to American capitalism, or worse.
"This is the demise of a civilization," said Marcus. "This is how a civilization disappears. I am sitting here as an elder statesman and I'm watching this happen and I don't believe it."
The World Economic Forum in Davos, Switzerland gets underway tomorrow:
"Shaping the Post-Crisis World"
(Pretty obvious they picked their "theme" months ago since it's apparent to me that we're just approaching crisis mode, nevermind post-crisis)
The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.
This American system of ours, call it Americanism, call it capitalism, call it what you will, gives each and every one of us a great opportunity if we only seize it with both hands and make the most of it.
Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate.
What's your favorite capitalism quote?