This is also the root of Objectivism.
        But Man's inherent right to the good services of his/her government, along with other basic and unalienable rights, is prevented by the intentions of the extant Political System, in each & every country across the globe, in each & every hamlet, across each & every national border.
        Present government institutions seldom get the job done, whatever their stated purpose: the most grievous misfeasance here in America has been in the schools and in the Legal Industry. An entire generation are now adults who on average cannot read or write effectively and cannot think their way out of a paper bag. The American Legal Industry's top leaders in December 2000 and again in December 2004 handed over the U.S. Presidency to a usurper who sold his term of office to the oil & timber monopolies, and to who knows what other special interests.
        One percent of the population now owns 60 percent of everything in America. Twenty years ago, they owned only 35 percent of everything in the country: in the years since Dr. Ravi Batra established that base-line, the One Percent – the Oligarchy that rules this country, also known as 'The People Who Count' – accrued 25% more of the totality of the assets in this country.
        But they do not have enough: they want it all.
        This One Percent, the Oligarchy, has spent millions of dollars to prevent any levy that might approach having them pay their fair share, the result being the Bush Tax Giveaway that was fast-tracked thru the U.S. Congress, and the Republican National Debt that today stands at twenty trillion dollars.
        What is the Oligarchy's fair share? The calculation is quite simple and direct:
        The U.S. Defense Department spends certain monies for doing their job. which includes protecting the 60% of all the land and property and assets owned by the Oligarchy, so therefore the Oligarchy should pay 60% of the Defense Department budget every year.
        The Oligarchy would insist that they are good patriots, so they should be willing to pay a 60% share of the Interior Department budget every year.
        The Oligarchy owns 60% of all business concerns, big and small, so they should pay 60% of the Commerce and Transportation and Energy and Agriculture Department budgets every year.
        The Department of State probably goes overboard in fulfilling the wishes of the Oligarchy, but I say that the Oligarchy need only pay a 60% share of the State Department budget every year as well.
        The Oligarchy, the One Percent, should be paying 60% of the entire federal budget every year. The same calculation applies to every U.S. federal department and bureau and section.
        This principle applies also to each and every country, to each & every state or province or canton or arrondissement, to each & every local government entity, down to each & every school and water district.
        The Oligarchy that rules this and other countries owns sixty percent of everything, so they should pay 60% of the taxes required to supply the benefits that they derive from government in all its overlapping jurisdictions. Any other plan or assessment will concede to them the means to achieve their ultimate intention, which is to own one-hundred percent of everything – a return to feudalism. After the Oligarchy has achieved that intention, they have only your 'soul' – your Self – to take away from you and yours.
        The Oligarchy has already taken away your vote, "without firing a shot", in the ChadGate fiasco of 2000: the U.S. Supreme Court anointed George Dubya as President of the U.S. of A. in complete disregard for due process or for the will of the people, based on the wrong-headed certainty that it was right to do so and in the clear knowledge that no one could stop them.
        They ignored the U.S. Constitution in a 'dog and pony show' that was broadcast on national television and radio. Most Americans made no effort to watch or listen to this show, settling instead for the 'sound bite' camouflage served up by – you guessed it – the media conglomerates owned by the Oligarchy.
        Previous iterations of class are disappearing, and are being replaced by a structure of Economic Class. The Oligarchy has replaced the Aristocracy, while assuming the same attitude of Divine Right that triggered the French Revolution of 1789.
        The lower economic classes, the 'proletariat', are defined as those who have no capital, nor means of production, and thus are required to sell their labor in order to survive. The Upper Middle economic class deals with the lower classes only while the latter are employed as servants.
        The entire economy works – or does not work – on the backs of the middle and lower classes, whose primary role in the latter XXth Century evolved into that of the Consumer Class: Notice that virtually every middle class American household is in constant debt (even disregarding mortgage payments), which means that they are encouraged – maybe 'required' is a better term – to spend more than they earn, so that the Oligarchy can reap their Divine Right profits on goods that the Consumer Class does not need and cannot in truth afford. The Consumer Class has an envious lifestyle, but in actuality owns less and less: because the Oligarchy owns more and more.
        This is not exactly news. The system of Economic Class ensures the giving away of power to the Oligarchy, in the form of debt, under the constant and compelling threat of job loss. If the middle class worker does not purchase 'the latest', then the economy will collapse and the Consumer will be out of work and thrown into survival among the lower economic classes. The Consumer Class has been taught to spend in order to earn.
        This is in effect worse than the 'indentured servitude' that was common around the time of the U.S. Revolutionary War. A British or other freeman could get passage to America or an apprenticeship in a trade in exchange for an agreed-upon term, often three to five years. The difference between indenture and today's economy is that the Consumer Class owes the Oligarchy and there is no expiration date on the deal: The Consumer Class is required to stay in debt by the pressures of the consumer economy, of which the primary beneficiary is the Oligarchy. (Think not? Did your real net worth – exclusive of housing – increase by anywhere near 50% since 1985?)
        The Oligarchy has done such a good job of fulfilling their devious intention that labor union membership in the U.S. has been down to 15% of the work-force for a long time. President George Dubya honored his idol, Ronnie Reagan, by ordering the Northwest Airlines mechanics union not to strike, just as Ronnie busted the air traffic controller walkout in August of 1981. And the media soon began reporting that George Dubya would prevent a strike at Delta Airlines.
        The later years of Bush's ignoble reign saw the entire economy collapse, in the U.S.A. and around the world. (American consumers no longer have jobs or spare money to spend or save, and U.S. consumer spending accounts for 25% of the world economy.) Dubya's agenda included looting the U.S. Treasury, and he did such a thorough job of screwing up America's future that (in typical Dubya incompetence) he screwed up the screw-up. The subprime lending debacle caused the banking crisis that caused the disappearance of half the net value of the stock market indexes, in a matter of months after the election. And the almost-funny part is that Dubya was supposed to leave the mess for his successor, but he screwed up so badly that the collapse happened before the November 2008 election, and Barack Obama swept into the White House charged with cleaning up Dubya's mess.
        Until the structure of the Economic Classes is redesigned so that the middle class, the now 'Consumer Class', is able to acquire wealth as a result of their labors, then matters can only get worse. The only remedy is to increase the taxation levied on the Oligarchy so that they pay their share for the government services that they receive, all down the line.
        The One-Percent, the Oligarchy has already acquired more than half of this country's total assets; the Wealthy Class (the top 20% of taxpayers) owns 85% of this country's total assets. The Wealthy Class have more than enough money to bribe Congress and local officials to do their bidding, but We The People showed the world in November 2008 that true Power lies with us. The Wealthy Class will fight 'tooth and nail' against Change, so Americans must remain steadfast and vigilant and never back down.
        Like it or not, America and the world are now engaged in Economic Class War.
1 comment :
Gary: your essay #86 is a very tightly argued exposition of the structure of the current economic paradigm. It should be required reading for everybody (who lives within the economic system) - and that's everybody. Good job!
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