The circus that is known as election time is upon us. On November 2nd, citizens of the USA get to elect which sociopathic dimwit gets to rule represent us for the next couple of years. Amongst the usual rhetoric in order to persuade the ‘useful idiots’ to vote for assclown 1 over assclown 2 is the call to ‘tax the rich!’. After all, they can afford it and god forbid people have to live off there own labour rather than stealing from others. The cry to tax the rich particularly irks me though as politicians get the useful idiots all riled up as they believe they can get something for nothing.
Let me start with definition of a company in the context I mean;
3b : an association of persons for carrying on a commercial or industrial enterprise
To this end, a two man plumbing team or a huge multi-national corporation such as coca-cola can be defined as companies.
In today’s world, companies such as Goldman Sachs or Monsanto are considered ‘evil’. But why? What makes them ‘evil’?
In order to answer this question, I’m going to quickly summarise the history of money;
In order to further enrich our lives, people began to trade. If somebody had , say, 2 goats and another person had 2 chickens, it would make sense for them to trade a goat for a chicken. One of the problems that sprung up from this ‘free trade’ agreement between two parties, was that somebody may want a chicken, but the owner of the chickens doesn’t want a goat. To this end, an intermediary (or medium) was needed. It was (and still is) called money. It was observed that some products were used mainly to facilitate transactions but had no other real use than that. Historically this has been gold for large transactions and silver for smaller ones.
For those of us who new about the Tea Party before the term ‘tea-baggers’ became part of American pop culture, we are aware that it is an off-shoot of the Ron Paul 2008 Presidential campaign.
Unfortunately, Wikipedia defines the Tea Party as;
a populist political movement in the United States that emerged in 2009 through a series of locally and nationally-coordinated protests. The protests were partially in response to several Federal laws: the Emergency Economic Stabilization Act of 2008, the American Recovery and Reinvestment Act of 2009, and a series of health care reform bills.
At least they got the following right;
The stated purpose of the movement has been to stop what it views as wasteful government spending, excessive taxation, and overreliance on regulatory bureaucracies.
Have these goals been achieved though?