A force of immense power and remarkable
quality. Experience of victory without
equal demonstrated in the world time and again.
Seasoned veterans of economic and great world conflict. An elite group full of pride and confidence
and arrogance, and it has much to be arrogant about.
As a social institution, it is a
study in paradox. Unique coats of arms
honor family accolades which recall an era of bygone royalty. A creature entirely of lawmakers, its
traditions are cherished. The common
people take pride in its achievements, but at the same time its power is deeply
feared and kept in check.
More
paradox. Its individuals are highly and
professionally skilled. They go about
their business as both a science and career.
But they cultivate high society with a casual air. And in most cases they acquire their status
by purchase at a high cost, the higher the title the greater the cost.
Over the
generations, this “purchase system” is condemned as “organized incompetence and
institutionalized corruption.” But its
purpose ensures that those of status have a “stake in their society and are not
dangerous to its institutions.” The
purchase system keeps the social institution “firmly in the hands of an
aristocratic governing elite, who control most of the wealth and power of the
nation.”
Structurally, a
final paradox lies in the fact that this social institution is “both
bureaucratized and decentralized.” For
that reason, there can never be a coup in the land of America’s
mother country. The British military
proves itself time and again in the twenty plus years preceding the 1776
American Revolutionary War, fighting on five continents and defeating every
power that stands against it. All in all,
it’s an impressive, efficient set-up.
And as with
many of its other time-tested institutions, America adopts the economic
component, if not the military structure, of the British purchase system. America’s wealthy class seems to be
firmly in the hands of an aristocratic governing elite, controlling most of the
nation’s wealth. And with wealth in the
purchase system comes power (see cartoon).
The good
news? Thankfully, the wealthy class has,
thanks to the purchase system, a critical stake in its society and consequently is not seen to be dangerous to its other
institutions. A revolution from above
seems unlikely.
But there is bad news,
too. The startling graphic is that the 400 richest Americans possess
more wealth than the bottom half (150 million) combined. At the same time, wealth disparity which is
already at record historical levels continues to widen. Equality of opportunity for the masses of
the unknown upon whom the strength of the nation derives --- essential to
keeping the American Dream alive --- continues its decline in lock step with the shrinking middle
class.
Newcomers, especially, are perhaps hit the
hardest, their opportunity to achieve a realistic level of prosperity by any
reasonable measure effectively foreclosed.
The 2016 US presidential election is still more than one year away. But the
issue of wealth disparity frames the coming debate, as the third great crisis in
our nation’s history comes into full view.
A campaign ad for
one of the political candidates strikes a chord of provocation in direct terms:
Which side
are you on? Are you on the side of
ordinary people struggling to put food on the table, send their kids to
college, live with some dignity --- or are you on the side of millionaires and
billionaires whose greed has no end?
Sometimes ---
in real life --- we are left with little alternative but to make choices and
take sides.
-Michael D’Angelo