The Fundamental Injustice That Is Poisoning the Nation

A very thought provoking post from Charles Hugh Smith on Of Two Minds:

The guilty are powerful and free, the innocent burdened and oppressed: that is injustice.

There is a fundamental injustice that is poisoning the soul of the nation, and if it is not openly addressed then the nation will face the explosive consequences of institutionalized injustice.

Simply put, it is this: those responsible for the nation’s financial crisis and its catastrophic after-effects are not paying for the consequences of their actions–it is the innocent, those who were not responsible, who are paying the price.

You can call it whatever you want: the Anarchy of the Super-Rich (as per Paul Farrell), the Financial Power Elite, the financial Oligarchy, Plutocracy or Corporatocracy, or the unprecedented concentration of financial wealth and political power in a financialized post-industrial economy. Whatever you call it, we all know this class of financiers and its minions got away with high financial crimes.

Do the crime, do the time — unless it’s “white-collar” financial crime on a vast scale. Then you might pay a wrist-slap fine (a few million dollars from your treasure of embezzled hundreds of millions) and then you’re free to go on your merry way.

The after-effects are not just the losses which can be totalled on a calculator: the really catastrophic losses are to the foundations of democracy and the economy. Democracy has been subverted — oh please, spare us the happy-story propaganda about “reform” and “the system worked” — and the economy has been incentivized to favor poisonously addictive financialization and the shadow institutions of corruption, fraud, embezzlement, favoritism, collusion and misrepresentation of risk. This might be summarized as the protection of vested interests, engineered and overseen by the partnership of the ever more intrusive Central State and the nation’s Financial Power Elite.

Read More: Charles Hugh Smith on Of Two Minds

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  • observer

    When the fuck are we going to rise up?

  • E.B. Wolf

    “And nobody seems to notice. Nobody seems to care.” -George Carlin

  • observer

    When the fuck are we going to rise up?

    • http://pulse.yahoo.com/_EAPUJHWIYQJWKN7HUCSCVHKVTQ David Meadows

      They will rise up when its to late…. I hope that isn’t the case.

  • E.B. Wolf

    “And nobody seems to notice. Nobody seems to care.” -George Carlin

  • http://pulse.yahoo.com/_EAPUJHWIYQJWKN7HUCSCVHKVTQ David Meadows

    They will rise up when its to late…. I hope that isn’t the case.

  • Anonymous

    It is as it always has been. The psychopathic minority will seek to feed their lust and ego at the expense of the majority until the majority rebel. This rebellion as always starts of peacefully until, the psychopathic minority revert to their other nature the homicidal maniac when they are threatened with their egoistic proceeds from crime and start ruthlessly attacking the majority via every means possible.
    So the violence escalates in bloody and ruthless fashion until the psychopathic rich and greedy have been put down like the rabid dogs they are.
    It would be wonderful if it all could be resolved peacefully and democratically, if tests could be put in place to ensure sociopaths no longer gain position of control, governance and influence but they inevitably and disastrously the rich and greedy psychopath resort to corruption and violence triggering the collapse and their own demise.

  • rtb61

    It is as it always has been. The psychopathic minority will seek to feed their lust and ego at the expense of the majority until the majority rebel. This rebellion as always starts of peacefully until, the psychopathic minority revert to their other nature the homicidal maniac when they are threatened with their egoistic proceeds from crime and start ruthlessly attacking the majority via every means possible.
    So the violence escalates in bloody and ruthless fashion until the psychopathic rich and greedy have been put down like the rabid dogs they are.
    It would be wonderful if it all could be resolved peacefully and democratically, if tests could be put in place to ensure sociopaths no longer gain position of control, governance and influence but they inevitably and disastrously the rich and greedy psychopath resort to corruption and violence triggering the collapse and their own demise.

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