While outsized profits keep benefiting the upper class and enriching the already obscenely rich, the cascading effects of extreme income inequality are drowning the hopes of the many.
Corporate power constrains just about everything, whether healthcare or education or housing or jobs or measures for responding to the climate emergency. What prevails is the political structure of the economy.
Class war in the United States has established what amounts to oligarchy. A zero-sum economic system, aka corporate capitalism, is constantly exercising its power to reward and deprive. The dominant forces of class warfare — disproportionately afflicting people of color while also steadily harming many millions of whites — continue to undermine basic human rights including equal justice and economic security. In the real world, financial power is political power. A system that runs on money is adept at running over people without it.
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Both parties continue to champion what Martin Luther King Jr. called “the madness of militarism.” When King described the profligate spending for a distant war as “some demonic, destructive suction tube,” he was condemning dynamics that endure with a vengeance. Today, the madness and the denial are no less entrenched. A militaristic core serves as a sacred touchstone for faith in America as the world’s one and only indispensable nation. Gargantuan Pentagon budgets are taken for granted, as is the assumed prerogative to bomb other countries at will.
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