Andrew Carnegie

America Is In A New “Gilded Age” Of Obscene Wealth And Monopoly Capitalism: Reform Is Essential!

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At the beginning of the 20th century, America escaped the Gilded Age period of obscene wealth and monopoly capitalism, under the leadership of Theodore Roosevelt, Woodrow Wilson, Robert LaFollette Sr., George Norris, and others who promoted the Progressive Era.

The Progressive Era was far from perfect, but it gave hope of escaping the worst elements of the GIlded Age in the last third of the 19th century.

We have had ups and downs since the Progressive Era, the New Deal, the New Frontier, and Great Society, particularly with the triumph of conservatism under Ronald Reagan and the two Presidents Bush, and then made ever worse by Donald Trump.

But now, the news of billionaires having arrangements to keep their wealth from being taxed by overseas havens and even South Dakota allowing such reprehensible tactics is highly disturbing. This, along with the clear cut monopoly of Facebook promoting division, conflict, polarization, and affecting even young girls’ self image due to the toxic Instagram social media site, cries out for strong movement toward another “Progressive Era”.

The idea that concentration of wealth and power rivals and is clearly greater than the time of John D. Rockefeller, Andrew Carnegie, J P Morgan, and other monopolists of the late 19th and early 20th century is totally outrageous!

But is it possible in a nation with a 50-50 US Senate and a six vote margin in the House of Representatives to accomplish necessary reform?

This present, disturbing situation is a massive crisis of American democracy, with the threat of Donald Trump possibly regaining power, and destroying any possibility of reform!

Plutocracy Vs Representative Government: 1896 And 2012 Presidential Elections

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In the last election of the 19th century, the Presidential Election Of 1896, the corporate plutocrats of the time period—John D. Rockefeller, Andrew Carnegie, J P Morgan—gave financial support to the Republican Presidential nominee, William McKinley, to defeat Democratic nominee William Jennings Bryan, and threatened their workers with lost jobs and closed down industries if Bryan won. They succeeded in electing McKinley, but fortunately within five years, with the assassination of McKinley in 1901, they met their match in the new President, Theodore Roosevelt, who ushered in the Progressive Era, setting the standard for progressives and the later evolution of liberalism among members of Congress and numerous Presidents of both parties, who would work to copy TR’s vision of leadership for the people against the special interests, the powerful corporations. TR also made sure that corporations were unable, ever again, to wield the spending power in campaigns as they had done in 1896.

116 years later, the corporate plutocrats of 2012—including the Koch Brothers, Sheldon Adelson, Donald Trump and a small group of others led by Karl Rove—emboldened by a Supreme Court decision (Citizens United Case) allowing corporations unchecked power to do what was done in 1896, unlimited spending in political campaigns, set out to buy an election, as had occurred in 1896.

So corporate leaders threatened to lay off people if Barack Obama won, and they fully supported the ultimate plutocrat, Mitt Romney, a man who made his fortune destroying jobs and companies, a true Robber Baron, who did not contribute anything to American economic growth, but only his own economic growth!

And despite their massive spending and intrusion into the political process, these plutocrats FAILED MISERABLY!

Democracy won out with the second term victory of Barack Obama, who by winning a second majority popular vote victory, insured the legacy of what he had done on national health care, as well as all of the ideas and visions of TR and every progressive President and program ever since the time of TR, including the New Deal and Great Society.

So TR, belatedly, a century ago, and particularly in 1912, as well as Barack Obama in 2012, reaffirmed the massive victory of progressive ideas and programs, and sent a warning to the corporate plutocrats—YOUR DAYS OF ABSOLUTE CONTROL AND LAWLESSNESS ARE OVER! More government regulation and oversight is on the horizon! The people have won over special interests!

Back To The Gilded Age: The Gospel Of Wealth And Social Darwinism

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In the Gilded Age of the late 19th century in America, there were prevailing philosophies that influenced the growth of economic concentration and social conservatism and justified them.

The first was the “Gospel of Wealth”, published by steel industrialist Andrew Carnegie, that argued that America should honor and respect the great capitalists, despite the reality that the growth of monopoly capitalism was curbing small business opportunities, promoting the exploitation of working people, and providing lack of competition in pricing of products for consumers. Instead, the great capitalists should be applauded and respected for their “great” contributions to America!

Social Darwinism, based on a distortion of the ideas of Charles Darwin and Adam Smith, was a philosophy based on the writings of British writer Herbert Spencer and American sociologist William Graham Sumner, justifying the “laissez faire” viewpoint of Adam Smith on economics, and applying it to society regarding the struggle for survival and survival of the fittest of Charles Darwin in his evolutionary theory. So therefore, government should NOT intervene to give aid and support to the poor, the sick, the disadvantaged, and instead let nature take its course, as that would advance society, eliminating the weak in society through natural causes.

What Mitt Romney and Paul Ryan offer is a return to the Gospel of Wealth and Social Darwinism.

The question is whether we are ready to reverse 140 years of history and revert to the 19th century in the 21st century, and leave tens of millions of Americans behind as we surge forward on the growth of monopoly capitalism and concentration of wealth to a level not even seen in the Gilded Age!

Paul Ryan Vice Presidential Pick Creates Most Ideological Election Since 1964!

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The decision of Mitt Romney to select Wisconsin Congressman Paul Ryan, head of the House Budget Committee, as his Vice Presidential running mate, throws down the gauntlet clearly for all voters!

This election will be the most ideological election since the Lyndon B. Johnson-Barry Goldwater race of 1964!

It is a clear cut attempt of the right wing—-the Tea Party Movement, the social conservatives, and the economic conservatism of Fox News Channel, The Wall Street Journal, The National Review, and The Weekly Standard—to destroy the New Deal and Great Society!

It is a war on senior citizens, minorities, women, the poor, the middle class, in favor of the elite wealthy two percent, the corporations, the privileged, who want to destroy the social safety net of Social Security, Medicare, and Medicaid!

It is the triumph of Ayn Rand, who promoted selfishness, greed, and lack of concern for our fellow citizens, in the mad dash to only promote one’s own interests!

It is an attempt to bring back the Gospel of Wealth of industrialist Andrew Carnegie in the Gilded Age!

It is the promotion of arrogance, selfishness, greed, a mean spirited nature, and false claims of promoting the so called message of Jesus Christ as not caring about the sick, the poor, the disadvantaged! Catholic nuns and open minded Protestant groups have condemned Ryan’s call for ending food stamps and other assistance to poor children, and his push to privatize Social Security, Medicare, and Medicaid, while wishing to give more tax cuts to the elite wealthy!

So the battle is on, and the election, which seemed to have no focus, has become very focused, and it is a battle for the middle and lower classes, and it is a battle that cannot afford to be lost, because if President Barack Obama loses, the “American Dream” will be destroyed, as we allow an oligarchy, which already has too much power and concentration of wealth, to seize control of all wealth and property, and make us closer to Fascism than at any time since the defeat of Fascism in World War II!