WE ARE A CAPITALIST BRUTAL SOCIETY BY DESIGN…
0900 by Jeff Hess
“We’re a capitalist society,” is not a get-out-of-jail free card that permits any and all bad acts in the pursuit of profits, but that is precisely how many of those accumulating, growing and preserving wealth see what Robert Reich called Supercapitalism. Of the capitalist economies in the world, ours ranks at or near the bottom of on economic measures of basic humanity.
There is nothing accidental about that reality. As a programmer friend of mine liked to say: That’s not a bug, that’s a feature. American capitalism didn’t get the way it is by accident, the founders built the feature into our constitution with the line:
Representatives and direct Taxes shall be apportioned among the several States which may be included within this Union, according to their respective Numbers, which shall be determined by adding to the whole Number of free Persons, including those bound to Service for a Term of Years, and excluding Indians not taxed, three fifths of all other Persons—
found in the third paragraph of the second section of the first Article of the United States Constitution. Yes, the provision was deleted in 1865, but essentially kept in place by the particular wording in the 13th Amendment: except as a punishment for crime whereof the party shall have been duly convicted.
The point that Matthew Desmond wishes to make is that Supercapitalism is a direct and intended consequence of American Slavery.
Desmond, writing in American Capitalism Is Brutal. You Can Trace That to the Plantation. for The New York Times Magazine, begins:
A couple of years before he was convicted of securities fraud, Martin Shkreli was the chief executive of a pharmaceutical company that acquired the rights to Daraprim, a lifesaving antiparasitic drug. Previously the drug cost $13.50 a pill, but in Shkreli’s hands, the price quickly increased by a factor of 56, to $750 a pill. At a health care conference, Shkreli told the audience that he should have raised the price even higher. “No one wants to say it, no one’s proud of it,” he explained. “But this is a capitalist society, a capitalist system and capitalist rules.”
This is a capitalist society. It’s a fatalistic mantra that seems to get repeated to anyone who questions why America can’t be more fair or equal. But around the world, there are many types of capitalist societies, ranging from liberating to exploitative, protective to abusive, democratic to unregulated. When Americans declare that “we live in a capitalist society”—as a real estate mogul told The Miami Herald last year when explaining his feelings about small-business owners being evicted from their Little Haiti storefronts—what they’re often defending is our nation’s peculiarly brutal economy. “Low-road capitalism,” the University of Wisconsin-Madison sociologist Joel Rogers has called it. In a capitalist society that goes low, wages are depressed as businesses compete over the price, not the quality, of goods; so-called unskilled workers are typically incentivized through punishments, not promotions; inequality reigns and poverty spreads. In the United States, the richest 1 percent of Americans own 40 percent of the country’s wealth, while a larger share of working-age people (18-65) live in poverty than in any other nation belonging to the Organization for Economic Cooperation and Development.
Or consider worker rights in different capitalist nations. In Iceland, 90 percent of wage and salaried workers belong to trade unions authorized to fight for living wages and fair working conditions. Thirty-four percent of Italian workers are unionized, as are 26 percent of Canadian workers. Only 10 percent of American wage and salaried workers carry union cards. The O.E.C.D. scores nations along a number of indicators, such as how countries regulate temporary work arrangements. Scores run from 5 (“very strict”) to 1 (“very loose”). Brazil scores 4.1 and Thailand, 3.7, signaling toothy regulations on temp work. Further down the list are Norway (3.4), India (2.5) and Japan (1.3). The United States scored 0.3, tied for second to last place with Malaysia. How easy is it to fire workers? Countries like Indonesia (4.1) and Portugal (3) have strong rules about severance pay and reasons for dismissal. Those rules relax somewhat in places like Denmark (2.1) and Mexico (1.9). They virtually disappear in the United States, ranked dead last out of 71 nations with a score of 0.5.
Those searching for reasons the American economy is uniquely severe and unbridled have found answers in many places (religion, politics, culture). But recently, historians have pointed persuasively to the gnatty fields of Georgia and Alabama, to the cotton houses and slave auction blocks, as the birthplace of America’s low-road approach to capitalism.
Slavery became that low-road approach because that was where the money was. Desmond continues:
Slavery was undeniably a font of phenomenal wealth. By the eve of the Civil War, the Mississippi Valley was home to more millionaires per capita than anywhere else in the United States. Cotton grown and picked by enslaved workers was the nation’s most valuable export. The combined value of enslaved people exceeded that of all the railroads and factories in the nation. New Orleans boasted a denser concentration of banking capital than New York City. What made the cotton economy boom in the United States, and not in all the other far-flung parts of the world with climates and soil suitable to the crop, was our nation’s unflinching willingness to use violence on nonwhite people and to exert its will on seemingly endless supplies of land and labor.
Desmond never uses the word Reparations which is very much in discussion among Americans in the road to the 2020 presidential election, but he does build a compelling case for how every American alive today benefited directly, but disproportionately, from the wealth generated by slavery. He writes:
Nearly two average American lifetimes (79 years) have passed since the end of slavery, only two. It is not surprising that we can still feel the looming presence of this institution, which helped turn a poor, fledgling nation into a financial colossus. The surprising bit has to do with the many eerily specific ways slavery can still be felt in our economic life. “American slavery is necessarily imprinted on the DNA of American capitalism,” write the historians Sven Beckert and Seth Rockman. The task now, they argue, is “cataloging the dominant and recessive traits” that have been passed down to us, tracing the unsettling and often unrecognized lines of descent by which America’s national sin is now being visited upon the third and fourth generations.
Recognizing, repenting and paying recompense for that sin, argues Ta-Nehisi Coates and others, is the our American duty.
Don’t you think?
[The New York Times Magazine provided four sidebars (all found at the same URL) to Desmond’s piece that included: The Limits of Banking Regulation, Flat Currency and The Civil War, Cotton and The Global Market by Mehrsa Baradaran; and How Slavery Made Wall Street by Tiya Miles.]
Bonus No. 1: TA-NEHISI COATES ON PEOPLE POWER & HOPE: III…
Bonus No. 2: 400 Years From Slaves Arriving In Virginia.
Bonus No. 3: The Campaign Press: Members of the 10 Percent, Reporting for the One Percent.

When I moved to Cleveland and needed to learn about my adopted city after nearly 10 years as a runagate I read The Plain Dealer, Cleveland Magazine (both of which published one of my pieces) Scene and Roldo Bartimole’s 


Over on Tim Russo’s blog he believes that
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Jesmyn Ward’s introduction to her interview with Ta-Nehisi Coates—
Stories like Sam Allard’s sordid tale of Pastor Tom Randall seem as common as that of mass shootings in America. So common that they have lost their power and the guilty must find some solace in knowing that their transgressions no longer engage and enrage the general population. After all, if their own congregation doesn’t care, why should the rest of us?
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I had a totally different topic picked out for this morning, but then driving to the library I had to pull over to listen (and call) to WCPN’s Sound Of Ideas with Mike McIntyre.



