Posts Tagged ‘Capital in the Twenty-First Century’

Bloomberg and Billionaires Forever

December 30, 2014

Britain Bloomberg Knighthood Good news for all those New Yorker’s who felt 12 years of Bloombergian rule was just the beginning of political paradise, not to mention as for all those Americans who felt cheated out of a Bloomberg presidency. All six of those people (all on payroll) can rejoice in the fact The Bloomster continues to carry on behind the scenes doing what he does best: purchasing influence, hither, thither and yon, and bulldozing the way to permanent oligarchy like few others! $27.7 million dollars worth of bulldozing, in fact. Thank you very much Citizens United! And mind you, the lovable little tycoon has a net worth of 35.5 billion so such giving can go on and on and on till the end of time. Literally. And, yes, while some of Bloomberg’s money is going for gun control, lots and lots and lots is going for “education reform,” oligarchic patois for union busting, wholesale privatization of the public school system, a major step in the unmaking of the social contract itself ! So cheer up, fellow citizens. Due to the limitless generosity of men like Mike — and there are some 435 other billionaires helping to set the country straight! — and the wisdom of the Supreme Court we move closer and closer to the vision of founding father John Jay who wrote, “”Those who own the country ought to govern it.” Happy New Year! Addendum: See Thomas Piketty’s Capital in the Twenty First Century for a more nuanced take on the wonders of oligarchy or Paul Krugman’s take on Piketty’s book.