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by mbrock
3885 days ago
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Thanks. I'm a few paragraphs in. Yeah, the poem is powerful because Moloch is not only a stereotyped evil other. ("The capitalists.") We are Moloch. "Moloch whose name is the Mind!" Speaking personally and unprofessionally, I feel a grand loss of innocence from the time when as a dorky kid when I wrote Emacs Lisp macros for fun. I don't blame others, I don't blame "capitalism," I don't blame teh evil bankers. I simply want money so that I won't need money so that I'll be "free," just like everyone wants this. I do appreciate what David has been saying for years. |
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Essentially, the wealthy have come around to the idea as seeing the poor and middle classes and resources to be exploited, like a coal mine, by offloading their tax burdens onto them. The more people chafe under low pay and high taxes, the more easily they can be tricked into thinking the social support system is unsustainable and should be dismantled before people are taxed to death.
People who created this mindset and let it fester know who they are. The rich who benefit stay silent. That's why this generation of CEOs who may be highly vocal about social issues tend to be conspicuously quiet about tax policy. For every Warren Buffett, there are a dozen post-exit founders who are happy to leave their capital gains tax rate where it is.