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Mitt Romney, Corporate RaiderBoth political parties today are little more than bagmen for Big Business, of course, but Republicans do provide a little value added to the Wall Street crime syndicate. They are true believers that the world belongs to the 1%. I'm reminded of this reading an interesting account of Mitt Romney's days as a corporate raider. I'm old enough to remember a time when people expected to have careers with one company — both working- and middle-class workers, in the office and on the factory floor. But the "shareholder value" revolution that Romney participated in as a corporate raider shifted the priority of American business from stability, which had some value to workers, to short-term growth, which was good only for speculators. This is the economy we have today. CEOs making hundreds of times more than the average worker; jobs exported to the most exploitative global labor markets; in short, a numbers game for the biggest high-rollers. Mitt Romney helped to bring it about. We need to remember that as he campaigns to be our next President.
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The working class and the employing class have nothing in common. There can be no peace so long as hunger and want are found among millions of the working people and the few, who make up the employing class, have all the good things of life. Between these two classes a struggle must go on until the workers of the world organize as a class, take possession of the means of production, abolish the wage system, and live in harmony with the Earth. -- IWW In a democracy it is necessary that people should learn to endure having their sentiments outraged. -- Bertrand Russell Let us strangle the last king with the entrails of the last priest. -- Denis Diderot It's not that no one sees the straight line to Doomtown we've been on since Reagan, it's that there's big profits in it. The most superficially Christian and Other-Worldly-Yearning nation in the developed world is the one most likely to kill you for your shoes. -- Doghouse Riley The true purpose of education is to try to foster in students a kind of critical cosmopolitanism, such that they learn, among other things, to question any notion that one’s nation or tribe is favored by God or destiny. -- Michael Bérubé It is not enough to decry the existence of the Spectacle. We intend to use both art and theory as a battering ram against Capitalism and its false opposition, tribalism, in all of its mystical forms. We believe it is possible to move beyond the inexcusable savagery of everyday life. -- The Anti-Naturals Smartest Blogs in North AmericaSites I ReadDisclaimer!For those readers a little slow on the uptake—you know who you are—please keep in mind that the messages I post to this weblog reflect my own views as a private individual and do not represent any institution or organization with which I might be affiliated. Messages posted by other authors express their views and not necessarily those of the management. For the comments policy, consult the terms of use. Dangerous Theorizing! |