General Discussion
In reply to the discussion: Some Defend-President-Obama-no-matter-what-folks here will do anything to divert, [View all]BainsBane
(57,311 posts)Not how I wish it would be, but how it is structured so as to promote capital, meaning the interests of the wealthy. That below you referred to me as libertarian is pretty shocking. You clearly badly misinterpret a critique of capitalism for an endorsement. I have no idea how that is even possible.
Show me any evidence, any at all, that shows that government was created as a countermeasure to wealth? Where? In the USA? Our Founding Fathers were the wealthiest men. https://www.nyu.edu/projects/ollman/docs/us_constitution.php
They were slaveholders and landed elite from Northern colonies. They built the structures of government to serve their own interests, and struggled most with balancing the interests of the slaveholding elite with the non-slaveholding elite. If you ever took a US history survey in college, you learned about the conflicts between "big and small states" in the Philadelphia convention. Big states meant states with large free populations and small states mean, by and large, slave states. It was fundamentally a conflict over how to balance power between the economic elite, those whose wealth depended on slavery vs. free labor, of the Republic.
The Founding Fathers believed property was a natural right. With that belief in property comes the view that one can exploit labor. In fact, laborers were excluded from the body politic precisely because they did not own property.
What in the Constitution prohibits inherited wealth? What seeks to distance government from wealthy interests? They were one and the same. The corporation as such was not a term used much in the pre-industrial era. The nation was founded during a period when agricultural interests predominated. As the economy has changed over the centuries, so has the economic elite. What was once landowners or the Slave Power later became industrialists and now the term here for corporations, corporatists, or the 1%.
There are some key differences today in that the economic elite is no longer bound by the nation state. Capital is now multi-national, more amorphous and impersonal, as is the trajectory of capitalist development.
I had originally planned to hunt down a series of sources to support my argument, but having seen your comment that you decided I was a libertarian, I figure doing so is pointless. I will instead point simply to a historiographical/literature review of various Marxist approaches to the capitalist state. http://bobjessop.org/2013/11/04/the-capitalist-state-marxist-theories-and-methods/
http://bobjessop.files.wordpress.com/2013/11/a-1982-jessop-capitalist-state.pdf
I get you buy the mythology of the American nation fed to you in grade school, so much so that you have no idea that it's entire purpose is to promote capitalism, but don't use that to try to pretend I am of all things a libertarian. If you are going to insult me, at least be educated about it.