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Money is the crucial "Energizer Bunny" for candidates running for the American presidency in this latest chapter of quadrennial madness. Money fuels the discourse as candidates talk about jobs and how they are going to make the American economy robust again. One candidate is not subtle about this; with him, everyone will have a job, a free college education and free healthcare. The other candidates promise the same but with more circumspect rhetoric.
“Socialism,” writes Oswald Spengler, “is nothing but capitalism of the lower classes.” What Spengler doesn’t say, but is also true, corporate welfare is nothing but capitalism for the upper classes. It is a case of choosing your own poison.
World peace and prosperity is not possible if the wealth of the world is literally controlled by twenty percent of the world’s 7.2 billion people. Many Second and Third World countries have been under Western powers for centuries and possess little of their own nation’s wealth.
Love, peace and prosperity is not possible in this neoliberal era of capital accumulation going to the few. Low wages and investment has limited consumption and forced workers to borrow beyond their capacity to repay. This casino economy has been in play since the 1980s across the West with deregulated labor, goods and investment markets, signaling the decline and ultimate demise of capitalism as the West has voted for going on the cheap.