Posted 1 year ago on Sept. 18, 2019, 11:25 a.m. EST by agkaiser
from Fredericksburg, TX
This content is user submitted and not an official statement
Definition of kakistocracy : government by the worst people - Merriam Webster Dictionary
Thus is most of the history of civilization summarized. Thus is all of the history of Capitalism accurately characterized. 50 years ago some good things were still happening. That began to be stifled with the election of Richard Nixon. It was almost eliminated by Ronald Reagan and has turned to the almost pure evil of unbridled Capitalist domination and debt enslavement of the majority of Americans since 1980.
We, as consumers, sell our labor to get the money to buy what we need to live and whatever luxuries we can afford. We, as producers, work to make products to exchange for money to buy the things we need and the luxuries we can afford. In an ideal world the value of the products we buy would be our labor and would be equal to the value of the work that produced, refined and distributed those goods.
The value is not well balanced. The Capitalists who buy and sell goods add exchange "value" that represents no labor but only the parasitic profit of middle "men" and interest of money lenders, the (often the same) capitalists who put us in debt to pay for their graft. Exchange Value is destructive to our economy and ultimately threatens our existence.
Exchange value represents no one's work. It is the profit on invested capitol, which has no value to producers, transporters, refiners and consumers. Parasitic buyers and sellers that insert themselves between producers and consumers have inflated prices, while depressing wages and salaries to further increase their profits. They've grown so bloated that their existence threatens ours.