Re: Capitalists & the Rich, Apologies & the Middle Classes
On Jun 6, 2007, at 10:56 AM, andie nachgeborenen wrote:
The interests and power of the capitalists are the gravitational mass around which government, law, and social structure are warped in capitalist society. Their core interests are unchallengeable short of major social upheaval, whereas it is not even 100% clear what the core interests of the PMMC are, and maybe they are not, unlike the those of capitalist class, unitary.
Riffing off Mills, I’ve been thinking lately that the American PMC’s
(I’d prefer to leave out the middle, because it’s confusing - the
people I’m thinking of are in, say, the 75th to 95th percentiles of
the income distribution) political influence is mainly expressed
through Congress, which is a secondary branch of the federal
government. The executive branch is the branch of the capitalists/
ruling class/power elite, as Marx first argued in that famous quote
about the executive committee. All the divisions in the PMC are
visible in the legislative branch - for every Tom Tancredo there’s a
Chuck Schumer, etc.
Doug