The rise of the transnational ruling class

May 11th, 2012

Somewhere in the (temporarily) lost archives of Needlenose are a set of posts regarding the rise of the international ruling class.  We’re entering a period never foreseen by Marx and Engels – rather than reaching international worker solidarity, we’re instead seeing the rise of international rich person solidarity, where the uber-wealthy park their citizenship wherever convenient (e.g. so-called ‘countries’ which charge them minimum/no taxes) to avoid paying taxes.  Logical I suppose, given how mega-companies, not content with paying politicians to lower their corporate taxes to ridiculous low levels, are finding ways to ‘park’ their sales and profits in offshore tax havens.

Think I’m crazy?  Then see how Facebook Founder Eduardo Saverin is ‘re-citizening’ to Singapore in order to avoid paying billions in taxes.  And he’s just the most egregious, merely following in the footsteps of  another 1,780 wealthy ‘deadbeats’ who want to enjoy all the benefits of living in our modern society while paying little (proportionally speaking) of the costs.

I am still amazed when I run into Americans solidly in the ‘lower 99%’ who defend the wealthy.  Marx had a label for them – class traitors.  Watch ‘class warfare’ become fashionable again after a few years of a Romney/Boehner/McConnell/Roberts government (or else we really are pretty fucking stupid).

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