Must Capitalism be Predatory?
By Gerald Britt on March 29, 2009
I thought this was a brilliant analysis and exchange by Dr. Zibignew Brezinski on MSNBC's 'Morning Joe' the other morning.
Brezinski contextualized the anger on the part of many regarding executive compensation, bonuses and excessive wealth in our country.
It has been wealth not obtained by production and manufacturing, but built on a fiscal house of cards propped up just enough for you and I to be able to participate as consumers, with flat wages, more accessible credit and relatively low interest rates.
The most insidious part of the the culture has been perpetrated by representatives of the 5% of Americans in control of 85% of the country's wealth. They became highly skilled at getting themselves defended by those whom they deluded into believing that when 'their ship came in' they could be just like them! And that those who weren't benefiting were either lazy, incompetent, unlucky or unmotivated.
