The model for us rich guys should be Henry Ford. When Ford famously introduced the $5 day, which was twice the prevailing wage at the time, he didn't just increase the productivity of his factories, he converted exploited autoworkers who were poor into a thriving middle class who could now afford to buy the products that they made. Ford intuited what we now know is true, that an economy is best understood as an ecosystem and characterized by the same kinds of feedback loops you find in a natural ecosystem, a feedback loop between customers and businesses. Raising wages increases demand, which increases hiring, which in turn increases wages and demand and profits, and that virtuous cycle of increasing prosperity is precisely what is missing from today's economic...
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Political repression in the United States has reached monstrous proportions. Black and Brown peoples especially, victims of the most vicious and calculated forms of class, national and racial oppression, bear the brunt of this repression. Literally tens of thousands of innocent men and women, the overwhelming majority of them poor, fill the jails and prisons; hundreds of thousands more, including the most presumably respectable groups and individuals, are subject to police, FBI and military intelligence surveillance. The Nixon administration most recently responded to the massive protests against the war in Indochina by arresting more than 13,000 people and placing them in stadiums converted into detention centers.
Angela Davis
No greater mistake can be made than to think that our institutions are fixed or may not be changed for the worse. ... Increasing prosperity tends to breed indifference and to corrupt moral soundness. Glaring inequalities in condition create discontent and strain the democratic relation. The vicious are the willing, and the ignorant are unconscious instruments of political artifice. Selfishness and demagoguery take advantage of liberty. The selfish hand constantly seeks to control government, and every increase of governmental power, even to meet just needs, furnishes opportunity for abuse and stimulates the effort to bend it to improper uses... The peril of this Nation is not in any foreign foe! We, the people, are its power, its peril, and its hope!
Charles Evans Hughes
The Negro voter ... had, then, but one clear economic ideal and that was his demand for land, his demand that the great plantations be subdivided and given to him as his right. This was a perfectly fair and natural demand and ought to have been an integral part of Emancipation. To emancipate four million laborers whose labor had been owned, and separate them from the land upon which they had worked for nearly two and a half centuries, was an operation such as no modern country had for a moment attempted or contemplated. The German and English and French serf, the Italian and Russian serf, were, on emancipation, given definite rights in the land. Only the American Negro slave was emancipated without such rights and in the end this spelled for him the continuation of slavery.
W. E. B. Du Bois
Although it is obvious that the Keynesians were all wrong and interventionism and central economic planning don't work, whom are we listening to for advice on getting us out of this mess? Unfortunately, it's the Keynesians, the socialists, and big-government proponents. Who's being ignored? The Austrian free-market economists - the very ones who predicted not only the Great Depression, but the calamity we're dealing with today. If the crisis was predictable and is explainable, why did no one listen? It's because too many politicians believed that a free lunch was possible and a new economic paradigm had arrived. But we've heard that one before - like the philosopher's stone that could turn lead into gold. Prosperity without work is a dream of the ages.
Ron Paul
If you're very very rich, you can buy your Senate seat by spending as much of your money as you want. Meanwhile, your poor plebian opponent is running around groveling for the small contributions allowed by law. Hence the Corzines and the Kohls, who parachute into Congress seemingly out of nowhere. Having given this leg up to the rich, we should resist packing our legislatures with yet more privileged parachutists, the well-born. True, the Brits did it that way for centuries, but with characteristic honesty. They established a house of Parliament exclusively for high-born twits and ensconced them there for life. There they chatter away in supreme irrelevance deep into their dotage. Problem is that the U.S. Senate retains House of Commons powers even as it develops a House of Lords membership.
Charles Krauthammer
