Posted 10 years ago on Sept. 11, 2012, 1:41 p.m. EST by Carroll
This content is user submitted and not an official statement
The Communist Manifesto described the workings of private capital within the new economy replacing feudalism. The chapter Marx omitted concerns the workings of capital WITHIN government itself. Marx could have known better since the world had already witnessed one example of the king's private ownership of his nation's wealth being overthrown so the people could seek representation for their middle-class needs--right here in the good old US of A. We were founded to have the nation's capital spent on the commonwealth of the new middle class, rather than wasted the king's personal vision.
The Constitution of our new government sensed the need to split the powers of the king into different branches of government to prevent abuse, but failed to understand that by giving the power to spend the nation's wealth to the Congress they were dangling the ownership of the government's capital above the heads of office holders. They didn't have Marx yet to help them see the danger and they compounded their half-measure by allowing a political system to emerge that established an overt capital market as the mediator of political power: Marx's missing chapter.
So now we are screwed. Our political life is determined by the capital market of people buying influence in government. Such a system was harmless in the beginning in an era of modest wealth, and even worked to find the average of the needs of the successful business interests and thus trended toward a strong economic environment. But the appearance of the new deep-pocket corporations in the 19th Century created the class Marx warned against--the single big capitalist with a hand at our throats. The concentrated wealth of the new corporations gave Congress its needed bed partner to assume private ownership of the nation's wealth. The store front is the political party: the dividends paid are tenure in office and special favor in legislation. Congress's capital ownership must be squeezing the blood from everyone's brain because we, as a people, do not recognize this facet of governmental capitalism most crucial to the commonwealth and are easily duped into attacking each other over ideological lines, preventing us from turning on Congress's usurpation of our wealth.