A Message From Us Rich Plutocrats To All You Little People
https://www.businessinsider.com/a-message-from-us-rich-plutocrats-to-all-you-little-people-2012-11
This is a response to an excerpt from Chrystia Freeland’s Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else, published in October by Penguin Press.
It’s great to be what you people are now calling a plutocrat. I know. I am one.
We plutocrats live incredible lives, surrounded by luxury and insulated from risk and discomfort. Things have gone very well for us over the last several years. Since George Bush left office, the stock market has doubled, we got a (sweet!) $700 billion rescue of the financial system, and corporate profits are at a 50-year high. BOOYA!
The growing economic distance between people like me and the little people like you hasn’t been this great in a long, long time. You may call that inequality. We call it freedom. But if things are going to continue to go this well, you people need to get with the program. Here, I’d like to have a frank discussion about that.
It is something of a puzzle to many of you little people why we plutocrats, who have benefitted most from these trends, view President Obama with such intense disdain. Why, you might ask, given how good the economy has been to you plutocrats, are you so maniacally angry?
“Maybe,” you say to yourself, “I just don’t understand economics.” I’ll let you in on a little secret. You understand economics just fine. What you don’t understand is that this fight isn’t about economics. It’s about status, privileges and power.
People like me don’t hate Obama because he’s going to raise our taxes, although we hate that plenty. We hate him because his views about the importance and primacy of the middle class diminish our status. The threat he represents isn’t economic; it’s existential. It’s not just our pocket books that are threatened, but, more importantly, our prestige and our influence on this country. Our manhood is at stake.
Facts are for little people.
We plutocrats have a long and proud history of controlling human societies, and the belief systems that we create about how the world works enable us to do that. “Earth is the center of the solar system” was a useful one for us in the past. “Lowering taxes on the rich produces growth” is one of our current favorites. You show me an orthodox belief, and I’ll show you plutocrats who benefit from it.
We understand human nature well enough to know that people believe and accept ideas for all sorts of reasons, but rarely because of facts or evidence. Mostly, people believe what suits them, what makes them feel good. And what makes us feel good is a set of beliefs that reinforce our status, privileges and power.
So it’s both annoying and hilarious that you people think you’re going to be able to talk us out of being plutocrats with “evidence” or “facts”. Our current position and power is the only fact we care about. And we viscerally hate anyone who has the temerity to challenge it.