I remember my father telling me about laying his body down in the street to prevent scrap shipments to Japan and Germany in 1936, because all the sellers thought about was profit. He told me he stated to the press and anyone who would listen that that steel was going to come back as Japanese and German bullets in his brother’s bodies. He said that one brother died in Germany, and two others took bullets. He was right.
My father is 98 now, and very tired, and says that none of what is going on is new, but that the working man has been sold as a wage slave. Excessive short term shareholder and owner profits destroy democracy – that is not “capitalism” as Adam Smith described it, but rather a class hierarchy of owners and owned. Such profits are not invested, not used to hire, and not used in any productive manner that will improve the economy; they are and will be hoarded.
Oh – and my poll is a multiple vote poll.
I participated in marches, sit down strikes, was tear gassed in my youth, even the occassionally billy club.
And I thought then progress had been made. This is now, and with the “Hyattization” of jobs being busted down to minimum wage, I have seen working folk sold out, one company and law at a time so that the owning class could climb ever higher, and have thousands of times more than they could ever spend. That accumulated capital does not create jobs; the neobarons wallow in it like dragons upon their hoards with no concern for anyone else, mostly. In contrast, in the city of Springfield 44% of its children live in poverty, so the Globe said this morning.
Corporatists spout the language of capitolism but it is really greed. They accuse folks like me of being socialists, when what I have is compassion and a long view for what makes democracy work.