The Anniston Star

facebook twitter
December 21, 2014

Insight: Plutocracy trumping democracy

Print
Font Size:
Default font size
Larger font size

Posted: Sunday, August 10, 2014 3:30 am

A disquieting paradox is increasingly apparent. Americans hope for the self-respect and happiness that arise from a hearty sense of earned merit. Yet, we simultaneously desire greater wealth and advantages than deserved by any prudent measure of social responsibility. We reckon ourselves upstanding because of petty morality, while seeking to exploit lawful loopholes that aid wealth acquisition. Our strange sense of deservedness is rooted in strategic play and name recognition, not the true value of our contributions.

Our bifurcated economic recovery — great for the top 5 percent while meager for the bottom 75 percent — belies claims that all is well. The spread of financial pragmatism (i.e., follow any working trend) has left most Americans inattentive to the morality of national laws that shape economic activity. Indeed, the ease by which we speculate in many markets has calloused us to the notion of earned merit. Ultimately, market opportunity is our moral compass; that is, when we’re not admiring the highly disproportionate rewards of celebrity.

Subscription Required

An online service is needed to view this article in its entirety. You need an online service to view this article in its entirety.

Have an online subscription?

Login Now

Need an online subscription?

Subscribe

Login

Choose an online service.

You must login to view the full content on this page.

Thank you for reading 7 free articles on our site. You can come back at the end of your 30-day period for another 7 free articles, or you can purchase a subscription at this time and continue to enjoy valuable local news and information. If you need help, please contact our office at 256-236-1551. You need an online service to view this article in its entirety.

Have an online subscription?

Login Now

Need an online subscription?

Subscribe

Login

Choose an online service.

Connect with us

Online poll

HOT BLAST: Which college football team will be the champ? (Take our reader poll)

The final four teams for the college football playoffs were announced Sunday. Which team do you think will win the title?

Total Votes: 368

Loading…