America’s love affair with capitalism a fatal attraction?

capitalism: a love story. poster

Byron DeLear, who I knew when we both lived in LA and he ran for a House seat as a Green, just kicked off his debut in Examiner with a column on Michael Moore’s new movie.

The failures of the S&L crisis, Enron, subprime mortgages, Bear Stearns, Lehman, AIG, reveal a deeper social pathology; an epidemic of self-serving materialism, eating away at the soul of America.

“Capitalism: A Love Story” challenges a morally complacent and slumbering nation unaware that the compound depredations of excessive profiteering and consumerism just don’t jive with our most revered ethical and religious teachings.

I disagree a bit with the assumption the nation is slumbering. It’s more that people don’t quite know what to do yet. They see the corruption and fraud, the gaming of the system by an elite few, the compliance by D.C. to do what financial interests want – and it angers them. What they aren’t sure of yet is what the solution is.

As for the economic royalists who attempt to control us now DeLear offers this quote;

“These economic royalists complain that we seek to overthrow the institutions of America. What they really complain of is that we seek to take away their power. Our allegiance to American institutions requires the overthrow of this kind of power.”

That quote was from a speech by FDR in 1936. The genuinely patriotic thing to do in such cases is remove from power the slime who are corrupting the country as they enrich themselves.

With my ear to the street, I sense a fight like no other welling up in the people. The folks in upper echelons of national power need to honor their commitments and start serving their real master, the American people, or we will find a different crew.

I agree. Let’s get it done.