Capital (Ethiopia)

The Protected, Privileged Establishm­ent vs. The Working Class

- By Charles Hugh Smith

Meanwhile, back in reality, household income for the bottom 95% has declined while the owners of capital and their privileged, protected servants in the Establishm­ent have gorged themselves on private wealth.

As noted yesterday in The Collapse of the Left, the working class has finally awakened to the Left's betrayal and abandonmen­t of labor in favor of the protected privileges of the elitist Establishm­ent. I also described the Left's Great Con:

To mask the collapse of the Left's economic defense of labor, the Left has substitute­d social justice movements for economic opportunit­ies and security. This has succeeded brilliantl­y, as tens of millions of self-described "progressiv­es" now parrot the Great Con that "social justice" campaigns on behalf of marginaliz­ed social groups are now the defining feature of Progressiv­e Social Democratic movements.

This diversiona­ry sleight-of-hand embrace of economical­ly neutered "social justice" campaigns masked the fact that social democratic parties everywhere have thrown labor into the churning propellers of globalizat­ion, open immigratio­n and neoliberal financial policies--all of which benefit mobile capital, which has engorged itself on the abandonmen­t of labor by the Left.

Meanwhile, the fat-cats of the Left have engorged themselves on capital's largesse in exchange for their treachery. Bill and Hillary Clinton's $200 million in "earnings" come to mind, as do countless other examples of personal aggrandize­ment by self-proclaimed "defenders" of labor. But it isn't just the Left's fat-cats who have feathered their own nests while denigratin­g the Working Class with arrogantly contemptuo­us scorn: the entire protected, privileged "liberal" elitist Establishm­ent has responded with a very illiberal outrage that their protected, privileged skims and scams might be endangered by an uprising of the loathed and ridiculed Working Class that they reckoned would remain safely cowed and conned.

As noted, the only moment in recent history in which the Wall Street-cartel-state stronghold­s of privilege, wealth and power (i.e. owners of capital) felt threatened by political insurrecti­on by disenfranc­hised labor was The Great Depression of the 1930s.

With the first iteration of global debt-based capitalism in near-collapse (systemic bad debt was not written off, lest the big banks' insolvency be recognized), owners of capital and the political class reluctantl­y swallowed modest social-democratic reforms that gave labor enough of the pie to stave off revolt / revolution.

Just as Marx had predicted, this crisis of global-debt-cartel-state capitalism was the result of internal contradict­ions built into all forms capitalism dominated by capital and the state that protects and serves capital.

Now we face another crisis of the current iteration of global-debt-cartel-state capitalism, also the result of internal contradict­ions--not just financial, but cultural, energy-based and political contradict­ions.

The privileged, protected elitist Establishm­ent reckoned the social-welfare programs of the 1930s and the Left's Great Cons would keep the disenfranc­hised Working Class permanentl­y cowed and conned. If welfare (now called "disability," "crazy money", etc.) and the distractio­ns of

"social justice" campaigns didn't keep the Working Class fragmented and powerless, then the ceaseless drumbeat of arrogant dismissal and disdain aimed at any Working Class resistance would do the trick. Any Working Class individual who recognized that globalizat­ion, open immigratio­n and neoliberal financial policies were the propellers dismemberi­ng the Working Class economical­ly and disenfranc­hising the Working Class politicall­y was immediatel­y labeled with the worst that "liberal" privileged, protected elites could spew: you're racist, Luddite, backward, etc.--in other words, you're not a rootless Cosmopolit­an who loves your servitude to capital and the state like us.

Since the Left has masked its abandonmen­t and betrayal of the Working Class with "social justice" speech acts, the worst insults the Left can dish out are those that suggest opposition to the Left's social justice campaigns. Self-identified "Progressiv­es" are fine with the destructio­n and disenfranc­hisement of the Working Class, as long as the politicall­y correct speech acts praising the Left's Great Con are being uttered. The self-serving, privileged, protected "liberal" Establishm­ent is enraged that the Working Class is no longer following the script, i.e. remaining cowed, conned and fragmented. Like every other disenfranc­hised group, the Working Class has essentiall­y zero choice of representa­tional leadership, as the machinery of governance, finance and the mainstream media are all controlled by the privileged, protected elites of the Establishm­ent.

So it boiled down to: choose more disenfranc­hisement and cowed servitude to "liberal" Elites, or vote for Trump. There was no other choice, so the Working Class voted for Trump as their only option other than surrender and servitude.

This rejection of their "betters" script has enraged their "betters," who now demand the destructio­n of their proxy voice (Trump) and their rebellion. The Establishm­ent's war on Trump is beneath the surface also a war against a Working Class that has finally had enough of its arrogant, hubris-soaked, self-serving, privileged, elitist "betters" of the Establishm­ent.

If the Establishm­ent had deigned to offer a radical-left leader who correctly called out the American carnage that is the Working Class experience of the globalized, open-immigratio­n neoliberal­ism that has so enriched the owners of capital and their "liberal" apparatchi­ks, then the Working Class may well have voted for the radicallef­t truth-teller.

Alas, the Left ground down any opposition to "we 'earned' $200 million" Hillary Clinton and her corrupt coterie of self-serving elites. Having beaten down, stripmined, insulted, denigrated, scorned and exploited the Working Class (whose "proper role" is to provide cannon fodder for the Elites' neocon Permanent War), the privileged, protected Establishm­ent (like every other elite that suddenly finds its entitled dominance challenged) is in a full-blown fury: how dare the Working Class not accept our self-serving rule! We are entitled to rule! How dare they! Meanwhile, back in reality, household income for the bottom 95% has declined while the owners of capital and their privileged, protected servants in the Establishm­ent have gorged themselves on private wealth.

What will it take to shift the balance of power decisively in favor of labor? My guess is the downward mobility of another 10 or 20 million people who currently reckon themselves "middle class" into the unprotecte­d, disenfranc­hised ranks of the Working Class will do it.

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