You poor old thing! You obviously don't have a clue about the true nature of capitalism:
I shall therefore confine myself here to the statement that the proletariat, that is laborors and wage earners, the risk-averse and unambitious, inasmuch as they live not by their own productive labor but by getting commodities and services, luxuries and conveniences, or knowledge and means to livelihood by the exploitation of the mental labor and inventiveness and productive risk of capital of the producers (otherwise derogatively referred to as 'capitalist'), all live at the expense of said producers....
So, according to you, laborers and wage earners, and other proles are merely risk-averse deadbeats who are outrageously freeloading inventive, risk-hungry capitalists! For, still according to you, they basically 'get' their products, services, and perks free, gratis and for nothing... Great!
Hey, don't get me wrong: it might be true for you as you're likely splurging out off your daddy's plastic.... However, for most blue/white collars, a PERSONAL contribution to the productive process is compulsory --call it the nine-to-five paradigm.
As regards your brave risk-taking rich, have you ever heard about socialization of costs vs. privatization of profits? Your brave and gutsy robber barons are routinely bailed out by the taxpayer: the US government and the Federal Reserve bailed out the Long-Term Hedge Fund launched by a former spunky Nobel Prize (Scholes if I remember right) after he slipped up by several HUNDREDS billion of dollars. And it's the same story about the Savings & Loans bailout ($400 billion) or about your brave, hard-working, subsidized farmers, or about your Pentagon-sponsored high-tech, etc. Call it Corporate Welfare --there's plenty of references to it on the Internet.
Contrariwise, which stratum of society --particularly in the US-- owns the bulk of corporate stocks and shares? YOUR RISK-AVERSE NINE-TO-FIVERS!! US Pension funds along with the savings of most American households account for over 70% of the total money invested in the stockmarket. Whereas the motto of most gung-ho entrepreneurs is 'it was other people's money well spent'....
Gus. |
