The ECONOMY news in the Providence Journal today ( A10 ,
June 25 ) reports: " Wealth gap widens amid slow recovery, researchers
report ". Why is wealth and wealth creation so mystified by the
capitalist news media ? Why does it make finance capital , the creation
of profit- of social surplus value- seem the magical power of wealthy
individuals ? The gods of the " free market " are not to be questioned
in the same way Isaac Newton questioned the forces of nature ?
Only in the last two centuries were the mysteries of mass-energy
solved. The fundamental law of conservation of energy- oddly enough,
discovered during the Industrial Revolution- prohibits the creation of
something from nothing. You think this fundamental scientific discovery
has no relevance to human wealth creation, to capitalist economics ?
You think our tiny plutocracy makes more EFFORT than the rest of
humanity combined ? But all EFFORT -even intellectual EFFORT - has
only one objective measure known to biological science : calorie
consumption. The brain of our very busy plutocrat operates at the
energy rate of a dull light bulb. Otherwise his active brain would
simply have a feverish meltdown.
This is not a
compelling argument for radical egalitarianism. But it does set limits
on how much wealth can be rationally permitted to any single individual.
A socialist society will not deprive any individual of the fruits of
his or her labor. It will simply socialize tangible surplus wealth. And
why should a majority of voters not decide in favor of real economic
justice ? Is real democracy so very subversive to our American
plutocracy ?
Can we afford to ignore simple science ?
If any economics scholar at the Providence Journal can make a fool of
me here, let him do so . Or let HER : consult your LETTERS favorite,
Susan Berge, the oracle of Burrillville I very much want to know if I
am a fool before I sleep the sleep of the just !
No comments:
Post a Comment
Comments that are courteous, concise and relevant are always welcome, whether or not they agree with the views expressed here or not. Profanity is not necessary. Thank you for reading “Time Enough At Last!”
Ron