by Tom Luongo, Tom Luongo:
Y’all know how much I dislike commies. Labor Day, in particular, is one of my biggest pet peeves. It’s literally my least favorite holiday, right up there with Presidents’ Day.
By contrast, I’m a huge supporter of Thanksgiving. We should spend our days of rest being thankful for what we’ve achieved and not feeling entitled to something we didn’t earn. That’s the essence of Labor Day, a day designed to reinforce the cultural divide between the entrepreneur and the people he employs.
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Labor Day is rooted in Karl Marx’s misbegotten Labor Theory of Value, which holds that Labor is the most important part of the production cycle and therefore should get the lion’s share of the profit from sales.
Of course this idea is nonsense because it deprecates the imagination and risk-taking of the entrepreneur to zero while elevating the laborer’s contribution far above its contribution. At its heart is an unquenchable envy of those who don’t dream, organize and risk anything, to expropriate the rewards of those who do.
It’s nothing more than that. Those that feel exploited ultimately have to look at the person in the mirror and decide to stop being a victim and change their state of being.
That said, these ideas flourish in an environment where the money is corrupt, ensuring that the entrepreneurs are offered the choice to become rent-seekers and steal unearned wealth from those that toil for them.
The problem today is that we have allowed both the rent-seekers and their proletariat water-carriers to join forces to squeeze out the middle class. The fundamental problem of today’s leftists is that they cannot see this basic fact; that they have helped create the very economic divide they rail against by treating the local shop owner they work for who can barely make payroll every two weeks with the CEO of Raytheon.
Things have gotten so bad on the wealth inequality meter that we’re finally beginning to see proles understand that the bourgeoisie as victims as well. This is why you’re seeing lip service given to bromides like buying local, farm-to-table, and fair-trade among the Millennials.
The problem with all of that is that, like it or not, Amazon’s economies of scale, for example, can bring you fair-trade coffee from plantation owners in Colombia cheaper than your local supermarket can.
Starbucks will happily sell you that latte made with almond milk to stick it to the ‘dairy mafia’ or whatever PETA’s talking point is du jour. But they will conveniently ignore that those almonds likely came from expropriating water from the Colorado River to feed farms in California, at century-old rental fees.
So, fair trade for whom?
None of this virtue signaling helps workers. None of this empowers small businesses. It’s just more colonial wealth extraction abroad and ruinous generational wealth destroying taxation at home.
It’s all just feeding the same system because the underlying cause of the wealth transfer, ever-debased money, is never addressed.
The Bitcoin Maxis are just Millennial Gold Bugs with better manscaping.
But, again, I’m encouraged that we’re beginning to get through the haze and see things more clearly than ever in human history the mechanisms by which tyrants manipulate the lower economic strata into perpetual war over an economic pie they purposefully shrunk and took for themselves.
I don’t even blame Marx for seeing things the way he did. In the time period of his analysis, backed by British aristocratic globalists according to Richard Poe, the switch from an agrarian to an industrial economy was so swift that the surplus of labor was shocking and the transition heart-breaking.
But, remember, as well, that it would have been far worse had there also not been the international gold standard at the same time. The late 18th through early 20th century was a period of immense wealth generation for the lower and middle classes.
Wealth, particularly in the US, was compounding at a rate the oligarchs of old couldn’t set up toll booths fast enough to extract and slow back down to just above subsistence.
You could almost smell the real source of the envy during this period as gold democratized wealth in a way that had to gall the ‘kings of old.’
