Watch

User menu

Search form

The One Percent Blues

The One Percent Blues
Fri, 9/6/2013 - by Anthony Haden-Guest
This article originally appeared on Creative Time Reports

The hugely rich have always been with us, of course, but now it’s… different. When wealth was generated by land, trade and manufacturing, everybody lived in the same world—though some in nicer parts of it than others. But now that dull “real” world has been magicked into a wondrous VIP Room where insiders play games like arbitrage and asset stripping – Hello, Bain! – while trafficking in financial instruments referred to by acronyms, and so arcane that some of their users apparently understand them only dimly. There have, of course, always been traders that bet on failure—the corner pawn shop, for one—but they were small stuff. Today, mighty empires are built from disaster and debt.

But, hey, the players say they feel “unloved”—persecuted by grungy taxpayers and snippy regulators? Woe is us! Hence this lament.

3 WAYS TO SHOW YOUR SUPPORT

ONE-TIME DONATION

Just use the simple form below to make a single direct donation.

DONATE NOW

MONTHLY DONATION

Be a sustaining sponsor. Give a reacurring monthly donation at any level.

GET SOME MERCH!

Now you can wear your support too! From T-Shirts to tote bags.

SHOP TODAY

Sign Up

Article Tabs

Yarvin saw the “red pill” as the realization that the Enlightenment ideals he came to associate with “the cathedral” and democracy are actually a poison leading to societal decadence and decline.

It is clear that authoritarian fascists, in the United States and elsewhere, do not want education that promotes critical thinking.

As the American public continues to publicly stand up to the administration, Trump’s grip on power will eventually slip.

If Trump indeed tanks your 401(k) to make himself and his friends even richer, the opposition party should make that the centerpiece of their attack heading into next year’s election.

The burgeoning pro-democracy, anti-Trump movement known as 50501 expects to drive tens and possibly hundreds of thousands to protest in 1,000 cities and towns on Saturday.

Yarvin saw the “red pill” as the realization that the Enlightenment ideals he came to associate with “the cathedral” and democracy are actually a poison leading to societal decadence and decline.

It is clear that authoritarian fascists, in the United States and elsewhere, do not want education that promotes critical thinking.

As the American public continues to publicly stand up to the administration, Trump’s grip on power will eventually slip.

In many European countries, the far right holds or shares power. Democracy is in crisis.

If Trump indeed tanks your 401(k) to make himself and his friends even richer, the opposition party should make that the centerpiece of their attack heading into next year’s election.

The burgeoning pro-democracy, anti-Trump movement known as 50501 expects to drive tens and possibly hundreds of thousands to protest in 1,000 cities and towns on Saturday.

Posted 1 month 1 week ago

In many European countries, the far right holds or shares power. Democracy is in crisis.

Posted 4 weeks 1 day ago

If Trump indeed tanks your 401(k) to make himself and his friends even richer, the opposition party should make that the centerpiece of their attack heading into next year’s election.

Posted 4 weeks 1 day ago

The only thing overshadowing the evil of the regime is its incompetence. And the people are only just beginning to realize the power we have.

Posted 1 month 1 week ago

Yarvin saw the “red pill” as the realization that the Enlightenment ideals he came to associate with “the cathedral” and democracy are actually a poison leading to societal decadence and decline.

Posted 1 week 2 days ago