Send a Tweet
Most Popular Choices
Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
OpEdNews Op Eds

Sanders/Trump: The 2016 Anti-Establishment Ticket

By       Message Adam Smith       (Page 1 of 5 pages)     Permalink    (# of views)   1 comment

Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) ; ; ; ; ; ; ; , Add Tags  (less...)
Add to My Group(s)

Well Said 1   Interesting 1   Valuable 1  
View Ratings | Rate It

Author 40098
Become a Fan
  (3 fans)

Actual change this time!
Actual change this time!
(Image by Adam Smith)
  Permission   Details   DMCA
- Advertisement -

" When Americans are faced with the prospect that they can never earn their way into wealth, they have two choices: to rebel against the system, or to settle into depressed complacency."

-Ben Shapiro

- Advertisement -

I'm a bit of a politics junky so some friends and family have been asking me who I think should be the US President out of those currently still in the race. My answer seems to kind of surprise them. First though, let me set some context for my response.

- Advertisement -

Ideally, a country should have a balance of political power between labour and capital, capital referring to the relatively small group of people who control the majority of the nation's wealth. Even beyond what they actually own, this small group often has a disproportionate influence on business decisions simply by organizing a controlling number of shares in corporations.

If labour and capital balance each other then workers generally make good pay and have decent disposable income, allowing them to purchase goods and services from the owners of capital. This creates a feedback loop where the owners make profits and have an incentive to invest even more in workers who then buy more. Rinse and repeat.

- Advertisement -

The United States is an interesting country in that they don't have a strictly labour party like most countries do--The NDP in Canada, the Labour Party in the UK, the Social Democratic Party of Germany, etc. In the United States, the Democratic Party is the traditional home of workers and the closest thing they have. However, if you were to look at where the party gets their funding, although organized labour still overwhelmingly parks their money there, you'd now see that many of their big donors are on the capital side of the equation.

The balance of the capital-favoring Republicans and labour-favoring Democrats has been broken by the offshoring of so many well-paying manufacturing jobs. Their union dues traditionally provided the bulk of the Democrat's campaign war-chests. In a country where money pours into elections -- $7 billion was spent by candidates, parties and outside groups in the 2012 US presidential election -- raising money is a necessity to win and the Democrats have had to turn to Big Business money to almost the same extent as the Republicans. This has naturally shifted the Democratic Party's priorities to be more in-tune with that of their donors.

Now, both parties generally get their money from different industries so they won't always agree on specifics. However, both are generally in favour of any policies that are broadly pro-owner regardless of how it affects the majority of citizens. This means capital has roughly one and a half parties on their side while labour has maybe half a party. And considering that organized capital can shop around between parties for the best return on campaign-donation investment while labour is taken for granted by the Democrats, it is clear that the balance of who benefits from policy creation is one-sided.

Next Page  1  |  2  |  3  |  4  |  5


- Advertisement -

Well Said 1   Interesting 1   Valuable 1  
View Ratings | Rate It

25 year-old Canadian student, currently attaining my masters in political science. Work with mentally disabled individuals for employment. Try to be politically involved. A card-carrying member of the provincial and federal green parties of Canada. (more...)

Adam Smith Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
   (Opens new browser window)

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Glowing Green with Outrage

Inequality Kills the Golden Goose

Is "Liberalism" Still a Useful Term?

What is the Case for Syria?

We are All Voyeurs

Staying Positive in a Downer World