One of the biggest delusions of Americans is that if they retain their
constitutional rights that they still live in a country with a working
democracy. Wrong. American democracy is delusional because the
two-party plutocracy makes citizens economic slaves. This represses
political dissent. It is 21st century tyranny. Two-party presidential
candidates, unlike our nation’s Founders, lack courage to fight and
revolt against domestic tyranny. Placebo voting distracts citizens from
the political necessity of fighting the plutocracy.
Economic data show the plutocracy’s assault on American society. Consider these examples.
The top 20 percent of households earned more, after taxes, than the
remaining 80 percent in 2005, while the topmost 1 percent took home
more than the bottom 40 percent.
No American state has seen the gap between rich and poor widen faster
than Connecticut. From 1987 through 2006, the top fifth of the state’s
households saw their incomes increase by 44.8 percent, after inflation.
Incomes for the bottom fifth fell 17.4 percent. On the other coast,
just three of every 1,000 Californians in 2005 reported at least $1
million in income. But they got $213 of every $1,000 Californians
earned in 2005 income. The state’s top 1 percent – average income $1.6
million – pay 7.1 percent of their incomes in income, sales, property,
and gas taxes. The poorest fifth of California households pay 11.7
percent.
Real hourly wages for most workers have risen only 1 percent since
1979, even as those workers' productivity has increased by 60 percent.
Higher efficiency has rewarded business executives, owners and
investors, but not workers. What's more, American workers now work more
hours per year than their counterparts in virtually every other
advanced economy, even Japan, and without universal health care.
A typical hedge fund manager makes 31 times more in one hour than the
typical American family makes in a year. In 2007, the top 50 hedge fund
income-earners collected $29 billion – an average of $581 million each.
John Paulson took home $3.7 billion from his hedge fund labors. These
figures do not count profits from selling shares in their companies.
Importantly, hedge fund players contributed nine times more to the
Senate Democratic fundraising arm than they gave to Senate Republicans
in 2007.
In 2009, Americans who make over $1 million a year will save an average
$32,000 from the Bush tax cuts on capital gains and dividends. The
average American household will save $20.
Between 1986 and 2005, the income of America’s top 1 percent of
taxpayer jumped from 11.3 to 21.2 percent of the national total. Their
federal income taxes dropped from 33.13 percent of total personal
income in 1986 to 23.13 percent in 2005. From 2001 to 2008, the net
worth of the wealthiest 1 percent grew from $186 billion to $816
billion.
Economic inequality and injustice reflect a political disaster, even
with regular elections. It has resulted from government decisions on
tax cuts, spending, trade agreements, deregulatory measures, labor
unions, corporate handouts, and regulatory enforcement. All crafted to
benefit the rich and powerful and leave the rest of us behind. It has
happened under Democratic and Republican presidencies and congresses.
Bipartisan domestic tyranny propels greed driven plutocracy.
What do we desperately need? A national discussion and referendum on
inequality-pumping plutocracy, that none of the major presidential
candidates shows any interest in having. Certainly not Barack Obama
with his vacuous talk of change (but not about the political system)
and John McCain’s incredulous talk of reform.
And it is delusional to think that populist global Internet
connectivity producing what is called personal sovereignty threatens
plutocracy. Networking among the rich and powerful strengthens the
global plutocracy, placing it above national sovereignty. More than
produce an army of revolutionaries to overturn the system, the Internet
has fragmented every imaginable movement. Individuals indulge
themselves with their own or social websites or fall victim to
conventional politicians. Technology and media owned and controlled by
plutocrats serves them while it shackles and deceives the multitudes.
Only one presidential candidate sees our core national problem and the
need for revolutionary thinking and action to correct the system: Ralph
Nader who said recently, "We need a Jeffersonian revolution."
Plutocrats should heed these wise words of John F. Kennedy: "Those who
make peaceful revolution impossible will make violent revolution
inevitable." With all the guns and pain Americans have, the ruling
class should worry and start reforms. To start, let third party and
independent candidates into televised presidential debates. If the
stage can be filled with a bunch of primary season candidates, why not
more than two in the general election?
For electoral dissent, stop being a presidential romantic; use your
vote to fight the plutocracy. Reject the Democratic and Republican
presidential candidates. Put an end to serial disappointments. Time is
running out. Talk is cheap. Action is crucial. Violent revolution is an
option.
Contact Joel S. Hirschhorn through www.delusionaldemocracy.com.