The Mugging Of The American Dream

If you're looking for something to read while you eat lunch, this oughta do it. A speech by Bill Moyers. Via Alternet. Sample:

A profound transformation is occurring in America and those responsible for it don't want you to connect the dots. We are experiencing what has been described as a "fanatical drive to dismantle the political institutions, the legal and statutory canons, and the intellectual and cultural frameworks that have shaped public responsibility for social harms arising from the excesses of private power." From public land to water and other natural resources, from media with their broadcast and digital spectrums to scientific discoveries and medical breakthroughs, a broad range of America's public resources is being shifted to the control of elites and the benefit of the privileged. It all seems so clear now that we wonder how we could have ignored the warning signs at the time. Back in the early l970s President Nixon's Attorney General, John Mitchell, predicted that "this country is going to go so far to the right that you won't recognize it." A wealthy right-winger of the time, William Simon, President Nixon's Secretary of the Treasury, wrote a polemic declaring that "funds generated by business...must rush by the multimillions" to conservative causes. Said Business Week, bluntly: "Some people will obviously have to do with less...It will be a bitter pill for many Americans to swallow the idea of doing with less so that big business can have more."

We've seen the strategy play out for years now: to cut workforces and wages, scour the globe in search of cheap labor, trash the social contract and the safety net meant to protect people from hardships beyond their control, make it hard for ordinary citizens to gain redress for the malfeasance and malpractice of corporations, and diminish the ability of government to check and balance "the animal spirits" of economic warfare where the winner takes all. Streams of money flowed into think tanks to shape the agenda, media to promote it, and a political machine to achieve it. What has happened to working Americans is not the result of Adam Smith's benign and invisible hand but the direct consequence of corporate money, ideological propaganda, a partisan political religion, and a string of political decisions favoring the interests of wealthy elites who bought the political system right out from under us.

I love that guy. I hope he comes back to TV.