Occupy the Work Ethic: Anti-capitalism as a natural "Occupy Galt's Gulch" response
Comments from the "right" frequently express fear of what happens to society if people are rewarded for not working.
GOOD POINT.
That's exactly where we are now, and that's what the Occupy folks have, in the larger scheme of things, been protesting -- the reason there's a huge "wealth gap" between the ".01%" and the rest of us is because non-work is being rewarded through the financial sector, at obscenely high levels.
Most of us "99%" people truly aren't aiming for "absolute equality" or "socialism," but rather for making sure the people who actually *do the work* get to see a *reasonable percentage* of the "fruits of their labors" -- i.e., getting the "inequality" back to healthier levels (but not to the point of being unhealthily "equal"), so that people on the lower ends DO have an incentive to work.
When the "wealth gap" becomes this super-high, that's not happening. Why? Because too high a percentage of the wealth created by "those who work" -- i.e., "labor" -- is being air-suctioned directly up to the top (to more accurately structure Grover Norquist's neo-sociopathic "put our foot on the air hose" analogy -- **see below) instead of being invested back into our economy as an incentive for people to work.
When the "wealth gap" gets bad enough, because of this disproportionate redistribution of work-created wealth to the top, the folks increasingly stuck at the bottom realize the "game" has become rigged against them so that they can't take care of themselves even if they DO work, so they end up eventually *having* to resort to socialism.
Ayn Rand adherents like to threaten that if the wealthy are taxed, they'll have no incentive to participate in our economy, and will "go Galt," effectively taking their toys and going home.
Similarly, inevitable anti-capitalist revolution resulting from disproportionate redistribution of wealth to the top may be viewed as a sort of metaphorical, reverse "Galt's Gulch" -- likewise "an organized 'strike' against those who [...] confiscate the accomplishments of society's productive members" -- a "strike" against "'continuing to endorse' our own 'economic disenfranchisement.'"
What this means is that allowing a huge wealth gap to form, by routing as much money as possible to the wealthy via irresponsible, unsustainable tax cuts, eventually RESULTS IN socialism (or something equally not-capitalist). Whereas tax policies which encourage investing in America (and which tax the heck out of *only the top, wealth-gap-causing tiers* of income of those who don't invest said top tiers of wealth in America), in ways that create incentives for everyone else to "work to take care of themselves" (like decent-paying jobs, benefits, etc.), helps PREVENT socialism/anti-capitalist revolution, while still encouraging work and rewarding ambition.
Deregulating and the Bush tax cuts didn't get rid of the society-destabilizing "wealth gap" spike. To the contrary, in order to do that, you have to be able to (a) make basic rules, a.k.a. "regulations," for the financial sector to play its gambling/rentier games within, and then (b) make sure tax policies aren't excessively rewarding non-creative work and gambling on either end of the "wealth" spectrum.
Our economy has, since deregulation, gone from one where work and community-building were rewarded, to one where playing incredibly risky games in the financial sector with other people's money is rewarded... and where laying workers off without concern for the effects on their communities and families, in order to "boost shareholder value" is rewarded... and where blowing off employees, clients and customers, and destroying the good name of an American company that's been built over generations, in order to "boost shareholder value" in the immediate short-term, is rewarded.
Because of the cost to each of us of the devastation caused by the sheer ginormousness of the private financial sector's recently-unfettered greed, compared to the relatively tiny expense to each of us of a non-working person receiving public welfare, financial sector gaming deregulation is a much *more dangerous* problem for America than poor people depending on welfare. (Yes, disincentives for self-sufficiency in that system should likewise be subject to reform -- but right after the more dangerous stuff.)
Until the financial sector gets both regulated and taxed sanely, in such a way that gambling and "rentier" behavior is NOT rewarded more than genuine work that actually creates worthwhile things, then the "bad things" going on now will only get worse...
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** Original transcript - Grover Norquist at CPAC 2012:
"Our job is to say no to tax increases, stop throwing money in the center of the table, put our foot on the air hose*, and watch that pile of cash begin to decline. And then our friends on the left begin to look at each other around the table a little bit more like the second to the last scene in those lifeboat movies. Now they're wondering who they're gonna eat, or who they're gonna throw overboard. [laughter] The left is not made up of friends and allies. It is made up of competing parasites. [applause]" [Response to "parasites" analogy here]
* Why Grover Norquist's "air hose" metaphor is a neo-sociopath scam on fiscal conservatives...
Grover Norquist has this interesting spiel where he says that we need to "step on the air hose" to "starve" the (in his fantasy universe) socialists of "air," so they'll "eat their own" trying to fight for dwindling resources. He tries to appeal to a typical anti-tax voter, who imagines that the "air"/money will then stay in his pocketbook. But that's not how it works. The "air" just gets diverted up to the super-wealthy instead of going to the government, and you're even worse off than you were before. Why? Because you just voted away your own power to keep the super-wealthy from stepping on YOUR "air hose." Which they'll do next, because that's how they got where they are today. [ <-- See The Men Who Crashed The World: Part 1 | Part 2 | Part 3 | Part 4 ]









