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Our Suicidal Ruling Class: Why Won't the Rich and Powerful Try to Save Themselves?

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Ted Rall
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Right-wing extremists dismiss empirical data with anecdotal evidence. "If America is so poor in economic mobility, maybe someone should tell all these people who still want to come to the U.S.," Stuart Butler of the Heritage Foundation told the Times.

Someone should.

Most Americans are poor. They don't need to read these studies. They're living them. Which is why they want politicians to create big jobs programs, raise wages, establish permanent unemployment benefits (standard in Europe) and impose a moratorium on foreclosures. The polls are clear.

No one cares about Iran's supposed nuclear weapons program.

Yet here we are in the heat of a presidential election year, and no candidate -- not "liberal" Obama, not the weird Republican, Ron Paul, no one -- is talking about the issues Americans care about.

During the 1930s and 1960s liberal leaders ended street protests by promising change. Why not now? Why isn't anyone promising to address income inequality? They could lie and break their promises later.

First, the rich are feeling squeezed. The global capitalist system no longer has much room to expand. Emerging markets have emerged. Globalization is not only nearly out of steam, it's allowing the weakest trading partners to drag down their healthier partners. Feeling squeezed, our rulers aren't in the mood to be generous. They'd rather loot the scraps of the pending collapse than expand the social safety net.

Second, the ruling classes have fooled themselves into believing that they no longer need to exploit workers in order extract surplus value. They make their profits without us in massive arbitrage transactions that collect spreads from borrowed money. To be sure, it's a bubble. It'll burst. But it feels good now.

Third, the rich think they can insulate themselves from the roiling masses of the dispossessed, safe behind high-tech alarm systems inside their gated communities. Arrogance rules.

Louis XVI had good security too.

Finally, there has always been a division within the elites between enlightened liberals and hard-ass thieves. The liberals don't like us; they fear us. So they try to keep us satisfied enough not to revolt. The thieves count on brute force -- cops, pepper spray, camps -- to keep the barbarians at bay. The balance of power has shifted decisively to the thieves -- which is why figures like Obama can't even pretend to care about the issues most important to the great majority of people.

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Ted Rall, a political cartoonist, is the author of "The Anti-American Manifesto." He was born in Cambridge, Massachusetts in 1963, raised in Kettering, Ohio and graduated from Fairmont West High School in 1981. His first cartoons were published (more...)
 

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