[lbo-talk] Re: Democratic Co-creators of Growing Inequalities in America...
Michael Dawson -PSU
mdawson at pdx.edu
Mon Nov 24 10:27:41 PST 2003
Even Black is smart enoug to
> see that Roosevelt saved capitalism; yet few business men of the 1930s or
> later saw it this way. They were too concerned about their own tax rate to
> see the bigger picture.
Marx had this topic (the social psychology of individual capitalists)
nailed. Their defining worldview is "Apres moi, le deluge!" It's a stupid
and selfish system, and, for all its scale and scope, it still ultimately
rests on the stupidity and selfishness of individual investors.
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