Yup. Wealth is a serious problem. As long as it exists, as ol’ Buck said, we’ll always have a tiger by the tail.
So FDR was correct in regulating and taxing the plutocrats. And WE need to demand that re-regulation and taxation on the rich and corporate begin again! WE need to get all corporate money out of politics and truly ban politicians from turning around and Lobbying those that they used to work with for life!!
… You’re always going to get a sobering assessment from Glenn Ford. Almost more sobering however is only two comments (now three) from this ‘liberal’ -and sobering- website…
Thank you for the article.
These companies own every company on earth. They even own each other.
Instead of battling the oligarchy, we fight among ourselves. Eventually low information people will either become informed or die off. Some say the pandemic is a blessing in disguise. That at least it is separating the essential workers from the drones. In a beehive, the drones are killed by the workers. If they keep this up, oligarchs won’t be safe in their NZ holes in the ground.
“The ruling class is very much aware that the only force capable of countering the power of Capital is the Power of the People in motion.”
Excellent article by Glen Ford! Until millions of Americans wake up to the fact of Glen’s quote…nothing will ever change. The terror that scares the hell out of the ruling class would be if their divide and conquer strategy ( of controling their ruling power by controlling, politically… both Parties ) was ever destroyed. The power of the people united in motion, is a potential threat to their wealth. An example is what happened in Cuba where they lost untold billions of $$$$$$$ when they lost control of their quisling puppet Batista.