The United States of Plutocracy
GOVERNMENT BY AND FOR THE 1%.
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The United States of Plutocracy
GOVERNMENT BY AND FOR THE 1%.
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When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.
Frédéric Bastiat
There is an explanation for the huge profits of the world’s largest corporations and the huge fortunes of the superrich. Not higher productivity. Not simply globalization. But rising global market power. Many of the world’s largest tech companies have become global oligopolies and domestic monopolies. Globalization has played a role here, of course — many domestic firms simply can’t compete with global multinationals. But these firms also use their relative size to push down wages, avoid taxes, and gouge their suppliers, as well as lobbying governments to provide them with preferential treatment. Jeff Bezos and Amazon are a case in point. Amazon has become America’s largest company through anticompetitive practices that have landed it in trouble with the European Union’s competition authorities. The working practices in its warehouses are notoriously appalling. And a study from last year revealed Amazon to be one of the world’s most “aggressive tax avoiders.”
Grace Blakeley, 'Why the Superrich Keep Getting Richer', Jacobin
A year ago the Notre-Dame de Paris caught fire. In an immense blaze (pictured) much of this iconic building was destroyed.
In response, people took to social media in droves to express their grief; many rich benefactors immediately committed millions of euros to the cathedral’s restoration. A big, global reaction ensued, leading many of us to ask: if they can gather millions of euros and coordinate a movement for restoring a building, why can’t they as easily help solve issues that matter? For it is selfish and narrow-minded that they don’t.
It’s easy to share the same sentiment; however, turn gaze upon yourself and see if you are different. At a fundamental level we are all selfish and narrow-minded. We don’t care about other people’s problems unless we can relate to them; and these people, as sad as it sounds, relate to a building.
But there’s an upshot: while we can’t make people care about social justice, by truly embracing our diversity, we can ask them to better coexist.
but suddenly
a part of me
just wants to go back to how it used to be