Tag Archives: Richard Wolff

LIFE AFTER CAPITALISM! FDR’s ‘New Deal’ Negotiated With Greedy Corporatists To PRESERVE CAPITALISM: Social Security, Unemployment Compensation, Medicare, Medicaid, Minimum Wage, Public Works Programs Re 25% Unemployment During GOP’s ‘GREAT DEPRESSION’ Was The Direct Result Of Political Pressure Applied By THE COALITION: Communists, Labor Unions & Socialists! That’s Right! Communists Were Powerful In 1940s USA! Today You Don’t Know Your Own History Because Nobody In MSM Tells You What I’m Telling You! Additionally 1- FDR Died, 2- Republicans Passed 2-Term Presidential Limits To Prevent 2nd FDR (FDR Elected 4-Times), 3- GOP Assassinated Communism’s Public Reputation (Despite Soviets Being Our Allies In WWII), 4- GOP Today Destroying Labor Unions, 5- Capitalism Made To Appear Omnipotent ‘Best Thing Since White Bread’, 6- Republicans Reversing FDR’s ‘New Deal’ For The Last 60-Years To Prevent A 2nd ‘New Deal’. Why? In 2015 Top Tax Rate Is 39%. To Finance ‘New Deal’, In 1944 Roosevelt Taxed Every Dollar Of Income Over $25,000 At 94% (FDR Wanted To Tax Income Over $25,000 At 100%!) That’s Right: Rich Got To Keep $6 Of Every $100 – That’s It! In 2015 The Elements Of That ‘COALITION’ Have Been Emasculated/Destroyed! Rich Folks Want Americans To Be Stupid/Not Know Our Own History To Preserve Their ‘GOLDEN GOOSE’ Called ‘CAPITALISM’! BUT There Are ALTERNATIVES – THERE IS LIFE AFTER CAPITALISM!

TABACCO’S SHANGRI-LA: Life After Capitalism begins with electing Bernie Sanders as President and driving Republican Party to 3rd Party Status, then gaining Super Majorities in both Senate and House. Constitutional Amendment passed by the People to ‘Un-limit’ Presidential Terms of Office! Re-establish Tillman Act of 1907 as Constitutional Amendment, prohibiting Corporate Campaign Contributions. Make Lobbying a Federal Criminal Offense, punishable by 10-20 years imprisonment + Fines according to ability to pay. Issue NEW U.S. Currency and INVALIDATE present Currency within 30-days of Effect making it basically worthless except for Trade-In Value. Allow any single individual over the age of 18 to trade in up to ($1 million – $10 million, to be determined) in Old Currency for New Currency, which automatically eliminates ALL BILLIONAIRES and makes their off-shore HIDDEN ASSETS worthless! The Cost of Living will be cut to a Fraction of its current Level. Limit Income for Too Big To Fails by Strict Enforcement of Anti-Trust Laws, Federally Control Prices! Revised Graduated Income Tax would control Salaries! A ‘REAL’ GRADUATED INCOME TAX would be installed with Limits at FDR’s Rates in 1944!

Public Financing of ALL ELECTIONS! No more Billionaires and no more Financing your own Election!

Life After Capitalism can be BLISSFULLY UTILITARIAN FOR EVERYBODY (NOT JUST THE ELITISTS) if only Americans would stop listening to Network/Corporatist/Republican PROPAGANDA and follow Tabacco’s Scenario for LIFE AFTER CAPITALISM!

‘UTILITARIANISM’
http://tabacco.t-a-b-a-c-c-o.org/?p=249

WE THE PEOPLE HAVE THE VOTES TO DO IT! Continue reading

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AMERICAN CAPITALISM SERIES, Part II: CIO, SOCIALISTS, COMMUNISTS & FDR’s NEW DEAL! Political Solutions Without The Greedy Rich, The Mainstream Media, Democrats, Republicans Or The Supreme Court! That In Itself Is A New Concept! Richard Wolff Offers Viable, Innovative, Unconventional Solutions To Correct Capitalism’s Selfishness, Unfairness & Excesses. Politicians Either Can’t Or Won’t Solve Problems. And He Gives A History Lesson On FDR’s NEW DEAL And Why Corporations And Rich Financed It To Prevent Socialism And Communism From Replacing American Capitalism. New Thinking And New Approaches Are Needed To Achieve Results For Currently Insoluble Dilemmas & Future Crises Just As FDR Used During Great Depression. There Have Been 13 Depressions Or Recessions Since 1929. Every President Has Had At Least 1. Each Promises, “My Policies Will (1) End Current Crisis And (2) Ensure We Never Have A Crisis Like This Again!” Has Any President Succeeded In Keeping His Promise To Date? You Tell Me!

THE INDUSTRY GAME OF MONOPOLY, PLAYED WITH REAL MONEY:

NARRATOR: John D. Rockefeller’s oil makes up nearly 40% of the cargo shipped on the rails. But, when Vanderbilt teams with his (own) biggest rival (Tom Scott, Pennsylvania RR) to push for a Rate Increase, Rockefeller takes it as a Declaration of War! He builds a Pipeline in response and begins to pull his shipments (from the railroads). And since the railroads have been drastically overbuilt, losing cargo means losing money.

Stocks plummet as Investors run scared! By the time the PANIC of 1873 is through, 1/3 of the country’s 360 Railroad Companies have gone bankrupt!

JOHN D. ROCKEFELLER – TOM SCOTT CONVERSATION:
(NARRATOR: No one has capitalized more on the growth of the oil industry than John D. Rockefeller, who now controls 90% of the U.S. oil market. With the death of Cornelius Vanderbilt, only one man stands in the way of Rockefeller’s complete control of oil – Tom Scott!)
ROCKEFELLER: I’ve tried to be friendly to the Pennsylvania. I’ve given you plenty of business, have I not?
SCOTT: (Nods affirmatively)
ROCKEFELLER: And now I find that you’re invading my field, and that, my friend, is piracy!
SCOTT: (rising from his chair) We’ll take your feelings into account, Mr. Rockefeller.
ROCKEFELLER: (rising to shake hands) Two-thirds of the oil you carry comes from me. If you don’t retreat, I’ll take it to the other railroads.
SCOTT: As far as I’m aware, there isn’t another railroad that runs from Pittsburgh to New York. (He then walks out of the room, followed by his protégé, Andrew Carnegie)
———————————————————————
ROCKEFELLER: I don’t want one drop of our oil traveling on the Pennsylvania!
ASSISTANT: But what about the Pittsburgh Refineries?
ROCKEFELLER: Shut them down!
(NARRATOR: Shutting down his refineries will cost Standard Oil a fortune in lost revenue! But for Rockefeller, crushing his Competition matters more than anything else!

Without Rockefeller’s oil, Scott loses nearly half of his business, forcing him to layoff tens of thousands of workers and drastically cut wages. Those workers take to the streets in protest. And, as darkness falls on Pittsburgh, they turn violent. A fire is set in Tom Scott’s train yards. Before the night is over, more than 39 buildings and over 1,200 train cars are destroyed. Tom Scott’s Company lays in ruin!

H. W. BRANDS, Historian: This is how Capitalism works!
(Transcribed by Tabacco from ‘All New – The Men Who Built America: More 2 Version’, Episode: A New War Begins) Continue reading

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AMERICAN CAPITALISM SERIES, Part I: THE CAPITALISM MYSTIQUE! Political Solutions Without Reliance On The Greedy Rich, Corporations, The Mainstream Media, Democrats, Republicans Or The Supreme Court! That In Itself Is A New Concept! Richard Wolff Offers Viable, Innovative, Unconventional Solutions To Correct Capitalism’s Selfishness, Unfairness & Excesses. Politicians Either Can’t Or Won’t Solve Problems. New Thinking And New Approaches Are Needed To Achieve Results For Currently Insoluble Dilemmas & Future Crises Just As FDR Used During The Great Depression. There Have Been 13 Depressions Or Recessions Since 1929. Every President Has Had At Least 1. Each Promises, “My Policies Will (1) End Current Crisis And (2) Ensure We Never Have A Crisis Like This Again!” Has Any President Succeeded In Keeping His Promise To Date? You Tell Me!

TABACCO: The “OCCUPY MOVEMENTS” are futile, unsuccessful attempts by REAL Grass Roots to achieve Economic Change. They could not succeed because at its heart it requires the Individual Rich, the Corporatists, the MSM and the Politicos to feel so embarrassed, so ashamed that they would capitulate and DO THE RIGHT THING! You can never embarrass those guys enough to achieve your own Goals of FAIRNESS! Nor will they respond favorably to entreaty and pleading!

“Power concedes nothing without a demand. It never did and it never will. Find out just what any people will quietly submit to and you have found the exact measure of injustice and wrong, which will be imposed upon them, and these will continue till they are resisted with either words or blows, or both. The limits of tyrants are prescribed by the endurance of those whom they oppress.” – Frederick Douglass

Without a doubt, this Series is the most important and universal subject I have tackled since I began blogging in 2005. Continue reading

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