The horizon is not so far as we can see, but as far as we can imagine

Category: Economics Page 24 of 89

The Well-meaning American Oligarchy Are SO Misunderstood

Just saw an instance of the argument that, “The people who have been enriching themselves by fucking everyone else for four decades are misunderstood, they’re just following the incentives, and suggesting that the people killing and impoverishing you are bad is polarizing.”

Lovely.

Everyone is well-meaning, and it’s all just a misunderstanding. They don’t mean for people to die or suffer when they cut food stamps, or welfare, or start wars, or don’t handle a pandemic. Oh no, it’s all just a misunderstanding driven by market laws that the beneficiaries themselves didn’t create (they are far different than the market laws which existed from 1933 to 1979 and which produced very different results).

Those laws just fell out of the sky, and weren’t created by men and women who wanted certain outcomes.

Why, if only our rulers understood that the market laws that appeared during their reign, without them doing anything to create them, were bad for almost everyone, surely they would change those laws to laws which raised wages, removed the wealth of billionaires, and ended American oligarchy while relieving poverty and providing universal health care!

It is, indeed, all just a misunderstanding. I feel terrible that I have suggested that people who fought for well over 40 years (they took power in 1980, but fought for that victory long before) actually understood what they were fighting for. Surely, they believed that reducing taxes on the rich and corporations, slashing welfare, creating a carceral state, running asset bubbles, and deliberately crushing wage inflation with the Federal Reserve would resound to the benefit of every American, not just those they favored.

Why, they had no idea that making the rich richer and ensuring everyone else got raises below inflation would not be to the benefit of all!

Phew.

It’s all just a misunderstanding. They didn’t know that they were doing evil. Every time they took food out of a mother or child’s mouth by cutting welfare and food stamps they said, “This is for their own good,” and believed it.

And a person who believes starving someone else is good isn’t a bad person. They’re a good person, but confused.

Every time they crushed wages by raising interest rates to crash the economy when wages increased faster than inflation, they were doing it for the sake of ordinary Americans, not to keep wages down to benefit their own class. And every time they gave money or tax cuts to the richest, well, that’s been so that the rich could pay high… er, do something for ordinary Americans, something I’m too stupid to understand, since I think things like: “People create market laws, they don’t drop out of the sky.”

Shows what I know!

Certainly, people who crush wages, obstruct universal health care, fuck up a pandemic, take food out of the mouths of children and poor people are just misunderstood. They’ve been acting for Americans own good, and we just need to explain to those in power that they’re mistaken and politely ask them to change the rules (oh wait, they don’t create the rules, but perhaps new rules can fall out of the sky). Forty years hasn’t been long enough for them to figure out on their own that doing more of the same thing will keep hurting everyone but the rich and the wealthy.

It’s good to live in such a world, a world where we all want the best for humanity, a decent living, kindness, food and shelter for all, and where we are just arguing over means. And, surely, we are all reasonable and can understand that our policies must change, even if after 40 years they have made a few filthy rich and impoverished everyone else? Who would think that deliberately crushing wages would crush wages? Who would think that running asset bubbles would favor those with more money rather than those with less money?

No one could have anticipated these things, and Nancy Pelosi, who is worth 120 million dollars, is aghast that all this has happened. Why, if only she had understood that crushing wages and favoring the rich would hurt most Americans and help the rich! It’s all just a big misunderstanding, and Nancy just didn’t get it. Neither did Obama, or Trump, or McConnell, or Reagan, or Clinton, or… why there are so many well-meaning people who didn’t understand! The Koch brothers would never have supported all these policies if they knew they would hurt almost everyone else except themselves. Nor would all the other billionaires, and centi-millionaires, and deci-millionaires, and the people who work for them!

This has removed a great burden from me. I know now that it’s all just a big misunderstanding, that the rulers are good people who want the best for everyone and are just a little thick–not understanding that policies meant to hurt ordinary people and make rich people richer would, in fact, hurt ordinary people and make rich people richer.

Good people can disagree, and now that we know that the majority of our leaders are good people, who are just a little mentally challenged, why, I’m sure we can clear this up in no time, and have a good, kind, fair economy that helps everyone again. Pelosi and Trump will be thrilled to work together on this, I know.

What a RELIEF.


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America’s Elites Live by the Rule of Power (Covid Version)

There’s no question that the US response to Covid-19 has been awful.

So, is it just that American elites are incompetent?

Well, as of the end of April:

The total amount of wealth controlled by US billionaires’ swelled by more than $565 billion since the beginning of the coronavirus crisis.

So, why would America’s richest want to handle Covid well? Small businesses being closed is an advantage to billionaires, who control the large businesses that keep going and take over market share.

And while we don’t have figures for the top three percent or so, I’m willing to bet they are doing better as well. Plus they get to work from home and have everything delivered to their doorstep while stocking their industrial fridges with ice-cream. It’s hard for them. Honest.

Now, there’s a core point here that is important: If you are American, you cannot count on your leadership, of any variety, to look after you. You cannot even count on them to be neutral. If there is a way for them to benefit, including benefit to the people who own them (most politicians are owned in the US, and if you do not believe this you are pathetically naive), they will hurt or impoverish or kill you.

Little matters to your elites except the well-being of themselves and their close associates. To the extent they have an ideology, their ideology tells them it is right for the strong to take from the weak, and that everything they have they deserve, while those who lose deserve to lose. This is true of Republicans, but it is as true of most Democrats. Oh, they’ll give a little bit of pity money, but they won’t stop the processes in place that destroy lives and kill people. Indeed, they speed those processes on–as Pelosi and Biden have throughout their career.

When you are making your planning you must take this into account. Power companies won’t clear brush or replace infrastructure they know will lead to massive wildfires (PGE in California) because they have executive bonuses to pay. Executives of pharma companies will raise prices on life saving drugs they didn’t even research like insulin. Developers and landlords will hold properties off the market to keep prices up, and will force long term tenants out so they can raise rents.

There is little of consequence that people with power in America will not do to those without power.

The rule of power, as composed by Thucydides twenty-five hundred years ago, is as follows:

The Powerful Do As They Will: The Weak Suffer As They Must

Most social progress can be defined as creating norms and institutions which reduce that truth. American elites have spent the last 40 years returning it to dominance, with a plurality to bare majority of American voters complicit. Fools in the middle class thought that helped both them and the rich would keep helping them. But what helped them 5% a year helped the rich 20% a year, and soon the rich took off, decided they didn’t need the middle class (they can do the same work for less) and started liquidating them. During OK times, a percentage point every couple years: during crises, far more.

(Trump’s numbers actually show the middle class more than the poor drove his rise, because they were scared and went with someone who sounded different. Though some poor did the same. But Trump is VERY late stage in this process.)

If you are to survive this era, let along prosper, you must understand this in your bones: emotionally. America’s elites, business and political and ideological (media), are your enemies, committed to eating the poor and middle class (who get eaten all the time, metaphorically. “Eat the rich” is an aspirational goal, not a reality.) When you make your personal life plans, understand this. You must be useful to the rich to prosper and the second they do not need you, they will discard you. This goes even for many elite lackeys (see what has happened to media jobs, and they were on their knees fellating their masters even as the axe fell.)

If you wish to oppose the rich you must also understand this. There is no making peace with this elite, they may occasionally throw you a bone to disperse you, but their overall ethos will not change. Nothing short of replacing them with an entirely new ruling class and structure will work. If you have not done so, if you have not destroyed the rules that run this particular America and world; if you have not replaced the actual people, then you have not won the war, you have just been given some scraps to placate you and make you stand down whatever alliance you have built.

It’s you, or it’s the rich and their lackeys. It is that simple.


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The Coming Homelessness and Hunger Apocalypse in America

So, in June 30 percent of Americans couldn’t make their rent. July 25th, federal eviction protection ends. There may be another check, but another $1,200 (or even $2k) isn’t going to cut it, just as people couldn’t pay rent event with the $600 unemployment benefit top-up.

Covid now has more active cases than the previous peak. Less people are dying, because the new victims are mostly young (and due to the lag) but even non-fatal cases of Covid are nasty and can leave the victim with symptoms for months (or longer, we don’t know yet). Indeed, evidence is coming back that cases with no symptoms still do damage.

Even if there is an extension of eviction protection and some new checks, that will only push the problem back. People can’t make rent, and aren’t going to be able to. Because there are so many people competing for jobs (which are bouncing back somewhat), they have no wage leverage.

So, expect a huge wave of evictions, homelessness, and hunger. Food banks will be overwhelmed, people will go hungry.

Your lords and masters have decided that if you aren’t useful to them (aren’t employed, can’t make rent) that you don’t deserve anything, including life. This has been the case for a long time, it’s just that, in the middle of a pandemic, they see a lot of you as useless eaters towards whom they have no responsibility.

Besides, why should they care? Billionaires have actually gained wealth during the pandemic. Covid isn’t much of a problem for the rich, it’s mostly an opportunity.

Be aware, in your personal life, that this is coming down the stream. It is not going to be stopped. If there is an extension of the moratorium and a bit more benefits AND the economy continues to reopen (already being reversed in some states) then that might mitigate the homelessness somewhat, but will result in more deaths and long-term health problems from Covid.

This is going to lead to more, not less, riots. You should be ready for that, and for the possibility of civil disorder causing infrastructure and logistics problems. Stock up, have plans to shelter in place, and also to leave. Keep your head down. Make sure you are on good terms with your neighbours, friends, and so on. When shit really goes bad, the people who do okay are those other people care about.

I really hope I’m wrong about this, but the numbers on this are staggering. Assume that even five percent of Americans lost their housing over two months, that would be almost 17 million people. Each doubling is another 17 million. A ten percent loss is 34 million.

If anything like that happens, I cannot see how it does not turn into mass hunger and civil disorder.

Be prepared.

And if you are one of those who will be homeless, my genuine and true sympathy.


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Being Held Hostage by the Cost of Insurrection

The US is in the middle of a low-grade civil insurrection; that’s what all these protests and riots are. (When you torch an entire police station, that counts as insurrection.)

When a civil insurrection happens, riots and protests, and bad stuff will also occur. People will be hurt and killed, property will be damaged. Some of it will be done by the police or military, but some of it will be done by those rising. People will be hurt or killed who don’t deserve it. Property will be torched whose owners didn’t deserve it.

That’s a given. An insurrection is like war: Bad shit will happen to innocents.

This is why the bar for insurrection is high. It’s higher than for war, because, in war, the population and elites think the damage will be done to the other country. (They may turn out wrong, but that’s what they believe.)

So, yeah, bad things have happened during this US insurrection. That was a given, and anyone who thought it would be otherwise is a fool.

This is, however, what elites count on: That the costs of insurrection will be high, and made higher by the elite reaction. Most violent protests were started by riot cops being violent with protesters who were peaceful.

Because the cost is so high, people put up with terrible situations for a long time. The damage drips and is spread out over time and the community, whereas the costs of insurrection are immediate and hit a lot of people more or less at the same time.

The death and casualty count from the US not having universal health care is far higher than any possible casualty count from these riots. Nor have as many people been killed during this insurrection as are killed by cops in the US every year (a number in excess of 1,000).

By the pure math, a very high cost should be acceptable to tear down the current order. If all that did was move police violence to a European number (1k), enact universal health care (26k), end wars (slightly under 1k), and allow the US to deal with a pandemic properly, the saved lives would be 28K yearly, plus a few hundred thousand from the pandemic.

This leaves out people committing suicide, the highest incarceration rate in the world, the epidemic of drug abuse, the death and suffering from inflated drug prices, and all the suffering caused by massive income inequality.

At the most conservative estimate, if you overthrew the current order at the cost of 100,000 lives, it would pay back in five to six years.

The argument for all out revolt, replacing the current system with Nordic style social democracy (Finland/Norway, not Sweden) is airtight if you think you can succeed. (I know many people, observing the US military lose almost every war since WWII, think it is undefeatable in a country far better suited to guerilla warfare even than Afghanistan, but of course, there is a very good chance it would not come to military vs. population.)

No one condones violence that hurts the innocent or destroys the property of innocents. But if you take violence entirely off the menu, and won’t do full social-solidarity general strikes, then a depraved elite (which the US has) will simply ignore you and outwait you.

Minneapolis City council just approved, with every councilor voting for it, a motion to end the Minneapolis police department.

Clutch pearls all you want, but insurrections are always going to be at least somewhat nasty.

But the question isn’t the hurt of the insurrection, the question is whether the status quo after it is better enough to swamp that harm.

Don’t target innocents. Also don’t allow yourself to be held hostage by those who are hurting even more innocents right now, “We can kill tens of thousands and impoverish millions while destroying entire countries, but if you add even one more innocent life to the total opposing us, you are the bad ones.”

No.

(Also, ignore scaremongering about Stalin and Mao. Communism of that variety is long dead and NO ONE is trying to re-impose it.)


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Do Not Ask Western Leadership to Fix Anything

References to Corbyn aside, this is as true as it was when I first published in, Nov 16, 2015. I was going to write a new article on trust in leadership, and I will, but I want to emphasize the basics first.

Why are people calling for Western leaders to “fight terrorism”?

Global deaths from terrorism:

2002: 725

2010: 13,186

2014: 32,727

Those attacks mostly weren’t hitting the West. Now, a tiny fraction are.

Next.

Without the US arming and organizing the Afghani Mujahideen in the eighties there is no Al-Qaeda.

Without the US and British invasion of Iraq, there is no ISIS.

Understand this: Widespread global terrorism exists because of the US’s actions specifically and the West’s generally.

Let us turn now to economics. Inequality has been increasing since the 1970s. It has become worse every decade, with only minor reversals. After the financial crisis, it became so bad that more than all the productivity gains in the environment went to the top three percent.

This happened in large part due to various financial, economic, and legislative “reforms.” It was deliberate, in other words. Inequality is a result of deliberate action by US leadership.

Austerity is, likewise, the result of deliberate action by Western elites, generally. They decided to deliberately impoverish their citizens and have done so.

This is not unique to the West. India claims much economic progress, but the average number of calories eaten per capita has gone down over the last thirty years. The average Indian is worse off than they were when India was run on frankly socialist principles.

The leadership classes are chosen for their ability and desire to become leaders. If that overlaps with an ability and desire to make their society good for the majority of the population, that’s great, but in most countries right now, that’s not how or why they are selected.

These people are selected by oligarchs, for oligarchs, and their skillset is pleasing oligarchs. This is done through a system that selects candidates before they get to voters, even primary voters or the equivalent. In most cases, you do not get a choice of a leader who will put ordinary people’s interests first.

To see what happens when someone does slip through, take a look at how UK Labour Leader Jeremy Corbyn has been treated by the Press. I have never seen such libelous coverage of a political leader. One UK headline yesterday read “Corbyn and his friends must choose what side they are on” with respect to the Paris attacks.

Here is what Corbyn said, by the way:

“Today, all our thoughts and sympathy are with the people of Paris.

“What took place in the French capital yesterday was horrific and immoral.

“We stand in solidarity with the people of France – as with all victims of terror and violence.

“I have cancelled my engagements today to hold discussions on events in France with shadow cabinet colleagues and be briefed by Downing Street security officials.

“It’s vital at a time of such tragedy and outrage not to be drawn into responses which feed a cycle of violence and hatred.

“We are proud to live in a multicultural and multi-faith society, and we stand for the unity of all communities.”

This is an eminently sane, statesmanlike statement that simply says our response should not make the situation worse, but Corbyn is being vilified for it.

This sort of propaganda works, Corbyn took over the Labour leadership with negative favorability ratings, virtually unheard of. He did so because he had been endlessly smeared by the Press.

Let me blunt. Anyone who wants our leadership to “fix” terrorism has either not been paying attention, is a fool, or is a tool who knows they’ll make it worse but expects to personally benefit in some way.

This situation is similar to the Iraq war in the sense that anyone stupid and immoral enough to invade Iraq could not be expected to run the war in a way which would lead to good results.  One can make a  theoretical case that an invasion of Iraq could have worked out well, but that can’t happen in the real world because no one who would invade Iraq in the first place would be competent or just enough to actually implement improvements.

Note, however, that the Iraq war was an immense profit opportunity and that a great deal of money was funneled to the right people. Again, this is one of our leaders’ core competencies, this is what they do well.

Years ago, Stirling Newberry told me that the job of modern politicians was to wrangle the masses for oligarchs. He was right. That is what they do. They are good at manipulating enough of the population, and they are good at giving money and power to those who already have both.

They are not good at anything else, and expecting them to do anything else is insane.

You do not want Hollande, Obama, and Cameron (let alone Erdogan) trying to fix the Middle East. You do not want the people who report to them trying to do so. You do not want western militaries trying to do so.

At least not if you want a reduction, rather than an increase, in terrorism.

The first rule of holes applies. The first thing you want the leadership to do is stop digging. Other than criminal investigations, you should want them to do nothing. No military action, no legislative changes. Military action hasn’t worked, legislative changes will just be more gutting of civil liberties, and that hasn’t worked either.

This is true of virtually everything. They cannot and will not fix inequality, because their raison d’etre is to create inquality. They cannot fix the financial system or the economy because it exists as it is to increase inequality. They cannot run a war because they were not chosen for that sort of competence.

If you want to fix any problem in the West, or have the West be helpful for fixing any global problem, you need to fix the Western leadership class. That means fixing Western media, education, corporations, etc, etc. The list is long, because they have deliberately broken virtually everything to turn it into an opportunity for a very few people to become richer.

If you are British, you have a decent, honorable man who actually wants to do almost all the right things: Corbyn. Get to work supporting him, however you can. If he goes down, the political class will take it as a lesson that trying to help ordinary people is a really bad idea. (Well, they have already decided this, so work to prove them wrong.)

But, in general, you need to retake control of the system which creates leaders, you need to restructure, bypass, or break the media conglomerates (or all three), and you will need to restructure society from the ground up so that it does not produce either such corrupt leaders or the people who enable them.

This is a goddamn big job. It is far harder than dropping some bombs on the Middle East, or sending in the troops again. But it is an actual solution to a whole series of problems.

In the meantime, don’t ask your leadership to “fix” anything. That’s not what they are there for. Whenever they want to do anything, your default position should be to oppose it–unless you are 100 percent certain it’s in your interest and have done the hard, cold research and thinking to support that conclusion. Sure, sometimes you’ll be wrong, but most of the time you’ll be right, because they are not in power to make your lives better, but to enrich a small class of people and impoverish the majority.

Any knock-on effects, like terrorism, are secondary to them, and even if they had the desire to fix such problems, they cannot–they do not have the ability. They will simply make them worse, even if it was possible they were sincerely trying to do good.

If you live in the West, the great danger to your life, health, and prosperity is your leadership. It is how your society is run. This is cold, hard, and true.


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A Small Insight About Power, Markets, and Post-capitalism

Last week I wrote a brief post about the process of having insights: How we don’t control what insights we get, or when–we can only do the preparatory work, and then sit back and wait.

The insight I was writing about was really “Oh, this isn’t up to me, it happens when it happens,” but there was also an insight related to markets, capitalism, and really, post-capitalism.

A lot of what I’ve spent the last 30 years thinking about could be considered to be collective action problems–who, as societies, we let make decisions about what we’ll do. Feudalism did that one way, capitalism does it another; there have been other systems, and even within capitalism there are sub-ideologies: neoliberalism is very different from New Deal capitalism with its emphasis on increasing wages, decreasing inequality, and keeping prices up.

But the real issue is about power. Money is a type of power, it gives whoever controls it (not has it, but controls it), the ability to tell other people what to do. When you buy something or hire someone, that’s power.

There are so many issues with using markets to determine who gets power that you could write multiple books about them, but let’s review the positive argument for markets.

If someone pays you for something, they want it or need it. It has utility to someone.

The more people pay you, therefore, the more utility you are providing. Coincidentally, the more they give you, the more utility you can provide, as more money gives you more power to control people and resources. It’s a nice, positive feedback loop.

But one simple problem with it is that money can be used for things other than what people paid you for. Say you’re Bill Gates and you masterminded an operating system and productivity suite people use. (You did this using ethically suspect tactics, but let’s assume you still did more good than harm.)

Now you have a ton of money, and you use it to change how the US organizes education.

That’s what Bill Gates did.

Then it turned out, and Gates himself admits it, that his plan didn’t make things better. Arguably, it made things worse.

So the simple insight was only this: Money is too general a power. We want people who do something good to be able to do more of it, but to assume that, because they did one thing that other people want, means they are qualified to decide how people do other things is unwarranted.

We wouldn’t take the best teacher in the world and say, “Okay, Thelma, now you design the next universal operating system!” We wouldn’t ask the best surgeon in the world to design environmental policy.

We generalize the ability to make money doing one thing to assume it means you’re good at doing everything.

Maybe money shouldn’t be the sole metric we use to decide who will lead. Maybe Gates shouldn’t have been making education policy. Maybe the Koch brothers shouldn’t have decided what half the Republican party policy program should be.

Not a very startling insight, I’m afraid.

But I’m less interested in fixing capitalism than I am in thinking about post-capitalism. So what’s interesting about this isn’t the insight that this is one of the many ways capitalism fails, which I already knew, BUT that a feature of post capitalism needs to be avoiding power creep; just because someone is good at one thing doesn’t mean you hand him control of unrelated things. At most, you then put the best surgeon on the world on a committee to improve surgery, then maybe they start influencing hospital management, then maybe drugs, etc., etc.

A small movement to a related sector, without great power, but with influence, makes sense. Handing them huge power is stupid. A successful businessman isn’t necessarily good at anything but the specific business they were in, and generally isn’t good at economic policy beyond saying what’s good for him, or maybe, what’s good for their industry if what’s good for the industry isn’t also bad for them. (What was good for computers and software in the 90s was not, in my opinion, what was good for Bill Gates, and he wasn’t trying to make the best industry, but the richest Microsoft and Bill Gates.

Communism, with its central planners, had this same problem. Central planners didn’t know much about almost any of the industries they were planning.

Which leads us to a final note: I’m tired of people acting as if communism, social democracy (socialism in modern discourse), and capitalism are the entire acceptable spectrum.

Capitalists want this to be the conversation because they can say, “Hahaha, the USSR failed and Stalin was evil so you have to stick with us, there is no other alternative.

But all three systems have failed, because all three failed to handle climate change. They knew about a catastrophe for over 40 years and did nothing. That’s failure.

So the question isn’t, “Where on the communism to capitalism spectrum should we land?” The question is: “How do we create a third pole? Something new and better which avoids the known problems of previous systems?

And, along with, “It’ll come when it comes, and I’m not in direct control,” is the bigger insight I had while shopping for trout.

Something different, truly different, is needed.

Or we’re all cooked.


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Truly, Truly Good News as Americans Get Serious

The first really good news of the uprising was the burning of an entire police station.

This is the second really good news:

Now this has been done, fairly often, in other countries, but to see Americans do it? This is all good. This shows people getting serious, “We don’t want cops and we will keep them out.”

The assholes who like driving cars into protestors (which Republican lawmakers want to make legal) are partially responsible, but this is a big deal because it shows planning, and forethought, and a rejection of police legitimacy.

One main piece of why cops have been rioting is that they believe that because they are guys who “protect” everyone else, and because they feel the job is dangerous (it’s less dangerous than many other jobs, but that’s now how they feel), that they have the right to go anywhere, tell anyone what to do, and be obeyed, and to hurt or kill anyone at their discretion.

They feel they’re the people doing the hard work, the “sheepdogs,” and that the sheep just don’t understand. They make the hard decisions, and the sheep should just obey.

And most of American discourse around cops is, “Don’t resist, obey any order, and pray they don’t hurt you too bad.”  That’s reasonable when it’s just you and a bunch of cops, but it’s not reasonable as a group, or a society.

So giving cops the finger, saying, “We don’t need you, or want you, and we are going to keep you out,” is a psychological break.

I’m very pleased to see this. For decades, I’ve wondered if Americans would just take anything, no matter what, lying down. The last couple weeks have begun an answer in the negative.

Keep it up. You don’t need cops who run like the ones you have.

And, the next step? You don’t need politicians or executives like the ones you have now, either.


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Power Concedes Nothing Without a Credible Threat: Riots Work Edition

So…

… a veto-proof majority of Minneapolis City Council members announced their commitment to disbanding the city’s embattled police department

This doesn’t mean “no police” it means get rid of the current bunch, and create a new police department. This was done by Camden, New Jersey, for example…

By the department’s account, reports of excessive force complaints in Camden have dropped 95 percent since 2014.

There’s some stuff about how they did it that I don’t like, but the point that it can be done matters.

More important is something which wasn’t going to happen, disbanding Minneapolis’s police department, is now probably going to happen. Without riots, it wouldn’t have.

Riots are, actually, one of the most effective ways to create change. Politely worded letters don’t work. Completely non-violent protest only works if it shuts things down. Voting doesn’t work if the political system is entrenched, because entrenched political systems know how to co-opt or marginalize actual radicals.

If you want something from powerful people, you have to show you have power of your own. If you don’t have enough power to at least scare them, to show them the limits of their power, why should they give you anything?

Americans are showing the rich and powerful the limits of their power; of what their violent lackeys can do, and the powerful are making concessions. (And they are just that–concessions. They wouldn’t have done these things without the riots. They didn’t want to do them.)

This is also a result of the weakness the US’s current elites; in-touch, wise elites would have given much more to the poor and middle class during the Covid-19 bailouts, instead of letting tens of millions lose their jobs and worry about their rent.

Elites thought Americans were completely whipped. They had reason to believe that, admittedly, but they overplayed their hand.

Always boil the frog slowly, smart evil elites know that.


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