Sanders: A Man with A Hammer, Who Sees Nails Everywhere

[kristopher]

117. Of course, that is what the Rev. King believed also.

You knew that, right?

I imagine you already know that I am much more socialistic in my economic theory than capitalistic… [Capitalism] started out with a noble and high motive… but like most human systems it fell victim to the very thing it was revolting against. So today capitalism has out-lived its usefulness.
(Letter to Coretta Scott, July 18, 1952)

One day we must ask the question, “Why are there forty million poor people in America?” … When you ask that question, you begin to question the capitalistic economy.
(Final speech to the Southern Christian Leadership Conference, 1967)

In the thousands of speeches and celebrations on the official Martin Luther King holiday since its inception, there is a crucial fact of his life, activism and thought that no major commemoration has ever celebrated: that King was a strong and uncompromising opponent of American capitalism. This was no late-in-life development for King. It spanned from his youthful years to his death while attempting to gain humane wages and working conditions for a public union. Why was Martin Luther King so opposed to capitalism?

On the one hand, capitalism has generated immense wealth, significantly raised living standards and generally made life more comfortable and secure to varying degrees for most of those living in capitalist countries. On the other hand, it has exacted an excruciating toll in human toil and treasure. It has wrought immense suffering, systematic oppression and exploitation, and debilitating social alienation. Capitalism rewards, indeed depends upon, selfish, aggressive behavior. It values profits over people, promotes material values over spiritual values, dispenses power without social responsibility, and treats people as commodities to be discarded.

Moreover, capitalism is not compatible with “one person, one vote” political democracy because those with the most capital have far more political influence and power per capita than less well-heeled Americans. It is also incompatible with economic democracy because capitalism allows no democracy in the workplace. Workers have to comply with capitalists’ rules and dictates or risk penury and, in egregious cases, physical violence.

However, the factor that most powerfully fueled King’s opposition to capitalism is the imperative of his biblical faith to bridge the gulf between abject poverty and superfluous wealth....

Go to http://oberyhendricks.net/uncompromising-anti-capitalism-martin-luther-king-jr/