http://www.harpers.org/media/pages/2011 … 083267.pdf
Servile Disobedience by Thomas Frank
..."All of which is to say, The rich are
different from you and me. They are
ruder and less generous. They don’t get
what others are thinking. And apparently
they don’t really care.
If you stop and think about it for
a second, you understand that all of
this makes sense. People don’t craft
poisoned collateralized debt obligations
by calling on what they
learned in Sunday school....
"After all, we have
spent the past thirty years doing everything
we could to transfer the
wealth of the nation into the bank
accounts of the affl uent, to send them
victorious, happy and glorious, long to
reign over us.
Oh, we’ve cut their taxes, gladly
transferring much of the cost of keeping
their holdings safe onto our own
shoulders. We’ve furnished them with
special megaphones so that their voices
might be heard over the hubbub of
the crowd. We have conferred upon
them separate and better schools,
their very own transportation system,
and a full complement of private security
guards. We’ve built an entire culture
of courtiers and sycophants to
make their every waking hour an otherworldly
delight.
"We let them build a system of bonuses
and “executive compensation”
on the theory that it would be good
for everyone if the people on top got
to take home much, much more. And
when it turned out that the theory
was wrong—that in the most famous
cases the rich chased bonuses not to
the shareholders’ benefi t but at their
expense—why, we promptly bailed
them out. We allowed them to step
up to the Fed’s discount window and
fi ll their pockets, we generously transferred
their dumb investments to our
balance sheet, and we sent them off
with little more than a request that
they please not do it again. We’ve
done everything we can to lift them
up and exalt them as a new leviathan;
the least they can do in return, one
feels, is show a little empathy.
Besides, look what we’ve done with
the old leviathan, the government. For
decades we have attacked it, redirected
it, outsourced it, and fi lled it with incompetents
and cronies. Yes, it still
works well enough when we need it to
replenish the accounts of investment
banks or bang some small country
against a wall, but those branches of it
designed to help out Americans of
“lower socioeconomic status,” as the
scientists would put it, are now bare.
The government fails the people of
New Orleans when they are hit by a
hurricane, fails to notice the cadmium
paint in the marketplace, does a lousy
job educating our kids, can’t keep the
libraries open or the park lawns mowed,
overlooks the catastrophic shortcuts
taken by its pals in the oil-drilling
industry—and all we can do to express
our frustration is elect candidates who
promise to hack it down even more.
We need the rich to be nice. We
need them to stop doodling, pay attention,
and get generous. Now that
the government has divested from
the empathy business, we need the
rich to discover brotherly
love, and fast. More:
http://www.harpers.org/media/pages/2011 … 083267.pdf
The links to Harpers don't work without registering. I disagree with the monolithic judgment about wealthy people. They are as varied in their lives and generosity as any other class of people. I agree that the system has been extraordinarily stacked in their favor for the last few decades, but not every rich person or perhaps even most rich people have been party to this development in American society. Many like Warren Buffet decry this state of affairs and go on to give away the bulk of their wealth.
"They are as varied in their lives and generosity as any other class of people."
True. On the one hand there's Buffett and Gates and on the other the Banksters of Wall Street and the oil billionaire brothers Koch.
Yes, anyone who can't see this is not wanting to!!!
They constantly harangue about the gvt, but it's gvt policies since Reagan that have favored the upper incomes and allowed them to flourish so well....on our backs!
The economic disparity says it all. And if they make those tax-cuts permanent, we are finished as anywhat of a civil society.
by mio cid 12 years ago
Why are republicans so compassionate towards the oil companies,big pharma, major corporations, the ultra rich, and they despise the poor who are on food stamps, the needy, and the working class?Seriously, when I hear them defend the rich against any tax increase to them , the do it in such a tear...
by Jesusjohn78 4 years ago
Everyone hates the "rich" and I do not understand why. I was always under the impression the American dream was to become successful and stay successful? SO why are we always trying to punish the rich?
by mio cid 12 years ago
I, being a political junkie listen regularly to the right wing nut talkin heads, and it is really amazing to me that any mention of the subsidies, tax breaks,loopholes that benefit the rich is immediately labeled as "Class warfare" And makes them start weeping and crying because of the...
by Andrew Spacey 5 years ago
In this 21st century have the privileged got too greedy?If as humans all we need is food&water, shelter, love, work and belief shouldn't we be cutting down on our material luxuries?Is corporate greed to blame for the current recession and financial anxiety?Are tax havens for the rich...
by Holle Abee 13 years ago
Four Democrats and Lieberman voted with the Republicans. I have mixed feelings about this, according to the research I've done. It seems that "economy experts" are split on their views. Some argue that increasing taxes on the upper economic class will stifle jobs, while others say that...
by Billy Hicks 11 years ago
Why should the wealthy pay more in taxes?I posed a question this morning asking what people thought the "fair share" should be for wealthy Americans; specifically, what percentage they should pay in taxes, and I've gotten some interesting responses. Now I'll pose the flip side to that...
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