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Socialism Is OK for Rich White Guys, But Not the Rest of Us

Posted by Attaturk, Firedoglake at 6:33 AM on March 18, 2008.


For years now we've been told that socialism is the worse thing ever, unless of course, you are the archetype of capitalism.

Universal Health Care is socialism! Somewhere a white guy is complaining about welfare queens, and our $12 billion a month occupation is a battle against a foe so dangerous they always lose (especially upper management) yet can never be defeated. Because freedom rocks, and capitalism rolls.

For years now we've been told that socialism is the worse thing ever, it's like a million Hitlers on roller skates, topless and singing Wagner in a new Stephen Sondheim play presented as a viral video on You Tube.

Unless, of course, you are the archetype of capitalism, then socialism is awesome!

Never do I want to hear again from my conservative friends about how brilliant capitalists are, how much they deserve their seven-figure salaries and how government should keep its hands off the private economy.

The Wall Street titans have turned into a bunch of welfare clients. They are desperate to be bailed out by government from their own incompetence, and from the deregulatory regime for which they lobbied so hard...

It's just fine to make it harder for the average Joe to file for bankruptcy, as did that wretched bankruptcy bill passed by Congress in 2005 at the request of the credit card industry. But the big guys are "too big to fail," because they could bring us all down with them.

Enter the federal government, the institution to which the wealthy are not supposed to pay capital gains or inheritance taxes. Good God, you don't expect these people to trade in their BMWs for Saturns, do you?

Thank goodness while the economy sinks at our feet and we dump monopoly money into occupations that don't accomplish crap our media focuses on the important things, like whether a black man is just too damned scary to preserve such admirable policies.

(picture is a 1920 campaign button for Eugene Debs...proving we did not invent snark)

Digg!

Attaturk is a regular blogger for FireDogLake


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Gee,......
Posted by: isnamthere on Mar 18, 2008 6:51 AM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
where are all the right-wing assholes' comments deriding this article? I would have figured the comment section would be full of P.O.S. justifications for bailing out these corporate bastards. I guess the repugnantcan talking points are a little slow making it out this morning.

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» RE: Gee,...... Posted by: JSquercia
ah, the race card
Posted by: KaptainSpiffy on Mar 18, 2008 7:18 AM   
Current rating: 1    [1 = poor; 5 = excellent]
if you haven't got a good hand to play you can always pull that out of your sleeve.

quit foisting your race issues off on us as though the problem were real. it's about class, not race.

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» uh....no Posted by: Tombo
» RE: ah, the race card Posted by: fraterm
Socialism Sucks...
Posted by: fraterm on Mar 18, 2008 8:11 AM   
Current rating: 2    [1 = poor; 5 = excellent]
...in my opinion for all people, unless it is implemented in ways that do not force everyone to discard their individual right to not participate or to live and think and be free from coercion to participate at the barrel of some good soldiers gun.

Think communal business operations, communal living, WITHOUT a government steering and authoring the details of the lives of the people and that is socialism that doesn't become a place that executes people for free thought and sends them to gulags.

All of these corporations are government entities (as corporations) by law and are in effect partially nationalized industries. So, socialism is rearing it's head now, it's just socialism for the powerful that expect the government to dance as they are forced to dance, on the backs of the common laborer and worker.

There hasn't been a true capitalism in the bulk of America in a long time arguably there hasn't ever except for before a government acting for the agenda of a power group worked it's way in to screw it up. It does however exist whenever people acting in their own interests act in trade with voluntary people acting in theirs to trade work for services that are freely agreed upon.

A Minarchist free market does not outlaw organic socialist action by any person or group of persons acting as a union. But I'm sure someone may counter that with a hostile argument against who dresses in the socialist apologia/dogma of the day.

This current bailout B.S. is as repugnant to two groups:

1) those that value free markets (genuinely) as well as ...

2) ...those who hate and protest against the thing commonly misnamed as Capitalism-- which is really fascist corporatism that loudly preaches that it is a free-market as a smokescreen.

I stand with the first group in principle, and the second in spirit, but I don't buy that any socialism implemented at a federal level and trickled down upon us all will turn into anything other than a deeply invasive but slightly differing form of the tyranny we currently tolerate.

Forcing an analogy here: Feed a beast that has the power to eliminate you with overreaching force too much and give it control over you and it will eventually decide that YOU serve IT rather than the other way around.

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» RE: "Free Market" is an oxymoron Posted by: saltoafronteira
That ain't socialism
Posted by: drmflorida on Mar 18, 2008 9:43 AM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
It isn't socialism everytime the government writes a check. Sometimes (like in this case) its just plain embezzlement and graft.

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» RE: That ain't socialism Posted by: Quannah
A while back...
Posted by: Quannah on Mar 18, 2008 11:01 AM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
I called in to a local talk radio show. The topic was how good it was for big business to get the tax breaks and bailouts necessary for them to continue to rob the rest of us. It was an interesting exchange. I began the call thusly:

"Good morning! I didn't realize that you guys were supporters of welfare. I've heard you rail against poor people for years, so I assumed you were against welfare."

"We are absolutely against welfare! Let people go find better jobs if they can't make enough money to live on. My taxes shouldn't subsidize those who have no ambition!"

"Well, I'm confused, I guess. So, you support corporate welfare, just not help for those who need it most - meaning the poor?"

"Uh... no, I didn't say that! Ummmm... no... that's not the same thing as welfare... Uhhh... that's not the point here!"

Click!

They just don't get it. And they never will.

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» RE: A while back... Posted by: fraterm
» fraterm... Posted by: Quannah
Sorry but it is
Posted by: fraterm on Mar 18, 2008 12:01 PM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
If you expect the government to be involved in a bailout of a corporation(which is a government defined entity by the way in our mixed-economy), it is definitely socialism. Its mixed-economy socialism/ reformed socialism/ maybe not revolutionary socialism, but it's socialism.

See the definition and the literature on the subject.

I assert that number three of wiktionary's definition of socialism applies best:
http://en.wiktionary.org/wiki/socialism

# (Leninism) The intermediate phase of social development between capitalism and full communism. This is a strategy whereby the State has control of all key resource-producing industries and manages most aspects of the market, in contrast to laissez faire capitalism.

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» RE: Sorry but it is Posted by: drmflorida
» RE: Sorry but it is Posted by: Quannah
» RE: Sorry but it is Posted by: saltoafronteira
Hello, I'm a businessman.
Posted by: mregensberg on Mar 18, 2008 8:18 PM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
You'd assume that because I'm a businessman and naturally "fiscally conservative," I would defend the feds slashing interest rates and liquidating up to 30 billion of Bear assets.

yeah....

no.

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» RE: Hello, I'm a businessman. Posted by: mregensberg