How Will Our Inequality Balloon Pop?

The meritocratic class has mastered the old trick of consolidating wealth and passing privilege along at the expense of other people’s children. We are not innocent bystanders to the growing concentration of wealth in our time. We are the principal accomplices in a process that is slowly strangling the economy, destabilizing American politics, and eroding democracy. Our delusions of merit now prevent us from recognizing the nature of the problem that our emergence as a class represents. We tend to think that the victims of our success are just the people excluded from the club. But history shows quite clearly that, in the kind of game we’re playing, everybody loses badly in the end.

The 9.9 Percent Is the New American Aristocracy
(by Matthew Stewart)
https://www.theatlantic.com/magazine/archive/2018/06/the-birth-of-a-new-american-aristocracy/559130/

The article quoted is compelling, detailed, extensive, well-written, and ultimately obvious to non-zombies, especially those who have read any Chomsky. Marxists would just say the article presents their general observation that members of each economic class cooperate to protect their class interests, and then the Marxists would repeat their well-known overall conclusion that the needed remedy for a just political economy (a good society) is a breakup of this class hierarchy: the overthrow of the capitalists (the 1%ers) along with their bourgeois co-dependent enablers (the 9.9%ers) by the proletariat (the 90%ers).

I have long thought that the “solution” or “revolution” or “reform” will occur as an involuntary convulsion of society – busting up the economic classes at least partially – like the French, Russian, Chinese and Cuban revolutions, and/or the American Civil War and the Spanish Civil War. This latter civil war is most instructive for those inclined to learn about our possible 21st century future from the 20th century past.

Triggering the explosion of pent-up socio-economic resentment into major bottom-up political violence (the wage-and-wageless slave revolt) could be natural and anthropogenic mega-disasters like: a magnitude 9 earthquake along the San Andreas and Hayward Faults (like at Fukushima), or a loss and poisoning of major water tables (from massive pumping by industrial agriculture, and poisoning by excessive fracking), or a deadly pandemic in the northern latitudes unleashed by the global warming incubation and growth of presently remote tropical pathogens, and/or a global warming climapocalypse: ice caps melting causing the Atlantic Meridional Current to stop, causing the rapid onset of cold desert climate for North America and Europe.

Such climatic and environmental catastrophes could trigger and accelerate a collapse of social order because billions of people would become desperate just to survive physically on a daily basis, and thus become immune to the fear of death from the guns of the flunky paid enforcers (the “lackeys,” the “Pinkertons”) of the corporate-wealth royalty; and so be maddeningly motivated to mob the 1%ers despite all their guns.

It’s all obvious. There are so many historical examples, but as Frederick Douglass noted, those on top will never willingly surrender any fraction of their privileges – to oppress everyone else – they will have to be stopped (and head chopped to popular acclaim) by force. And the force of popular revolution is messy: bloody, disorganized, spasmodic, and easily cruel with lots of “collateral damage.”

But über-rich people don’t learn, and so the future will be fundamentally similar to the past (Santayana), just dressed up differently for the next reenactment of the same unnecessary historical tragedy. We, or our descendants, will be lucky if the next US revolutionary blowout is as benign (compared to the other revolutions mentioned) as the Cuban Revolution; and it was plenty bloody and devastating and heartbreaking to many – my family knows from personal experience.

This is what I see intellectually, but emotionally I have no hope for humanity, I think the selfish-stupids will by far overwhelm the moral-smarts. So, even though I know – intellectually-moralistically – that guillotines and that style of the-revenge-of-the-impoverished-resentful has never been a long-term success at positive social transformation (read Raymond Aron), I have reached the id-emotional point where I really would be fine with it for dealing with the über-wealth-corporate classes (today’s plantation and slave-owners, and our successful war criminal politicians and policy-makers). I just don’t have faith in humanity as a whole, though I am thrilled and inspired by today’s young idealistic-activist social democrats, who I see as the only authentic patriots.

What makes me sad, thinking about this sort of thing, is that I just don’t see an “ultimate solution” that isn’t largely based on horrible violence. I can hope (and wish to hope) that a majority of people volunteer to join in the “big change” as a non-violent highly principled and forever-after cooperative mass socialist movement, but my thinking side says all the evidence, past and present, makes such a hope a delusion. We won’t do shit as regards to what’s right unless we nuke ourselves first, or some equivalent, and then the much fewer survivors collectively chose to make the shift to a moral and good society.

In the interests of full disclosure let me say about myself that the normal operations of the career-consuming juggernaut I was immersed in ensured that I would not enter the “9.9 percent” class (described by Matthew Stewart in his Atlantic magazine article). I’m below it, but higher than most other people on the downside. I prefer to live appreciative of life, consciousness and nature, than to be resentful of the petty small-mindedness of the pasty-faced “meritorious” mediocrities who “passed me by,” and the slimy toady “minority” tokens who ate the pasty’s shit to line their pitiful pockets and boost their pygmy egos by cracking the whips on their own kind. I don’t let any of them define me. You don’t get paid for declaring your independence, but the compensation is inestimable: self-respect.

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