Profits trump prosperity.

Editor,

Transnational capitalists are not interested in shared prosperity.

They want to be paid.

And if it looks like they might lose money on a bet they make, they twist the arms of governments to make everyone but themselves pay.

Every article I read arguing for austerity assumes that corporate profits trump workers' pay, bankers' profits trump retirees' health, "investors'" profits trump children's education.

There is no social contract in a global economy, only people with money -- who run the show -- and everybody else, whose job it is to see to it that rich people keep getting richer.

It doesn't have to be this way. No one has to listen to that nonsense.

Finance capital can be used to do its job, namely grease the wheels of industry. There is no reason why a thin film of extremely rich individuals should pocket the fruits of everyone else's labor. I still can't figure out why anyone puts up with that.

Nationalize capital, for goodness sake, and use it to facilitate a reasonably prosperous life for the human race.

Re: "Those Revolting Europeans" (5/7/2012)