Category Archives: Social democracy

All the Money in the World.

 

 

When we are in Arizona we love to see movies. I am not sure why, but we seem to have much more time for movies out here. We always try to see as many of the movies nominated for best picture as possible. The first movie we saw was All the Money in the World.

This film gained notoriety when Kevin Spacey, who originally played J. Paul Getty, was discharged from the film after it was shot, because of cascading allegations of sexual misconduct. Christopher Plummer was hired to play the role and all the scenes with Spacey were reshot one month before the release date of the film. It is incredible that so much could be done in such a short time. And they did it well.

The movie is based (inspired by it says) real events that occurred in 1973 when Italian kidnappers abducted the grandson of J. Paul Getty, John Paul Getty III. The grandfather, according to the film, was not only the richest man in the world; he was the richest man in the history of the world. Even though the grandson was the most favorite of all of his grandchildren, Getty hardly raised an eyebrow when he heard news of the kidnapping because he was watching the stock market results on the ticker tape. That is sacred of course.

When the media asked Getty how much he would pay to have his grandson released he said, quietly, ominously, and matter-of-factly, “Nothing.” It was shocking.

Only when a cut off ear of the grandson was sent to him in the mail did Getty start to take this seriously and even then, he did it as a business tycoon. He tried to get the best deal he could. He bargained. He bargained for the life of his favorite grandson. Getty said he has no money to spare.

Later when Getty reneges on his promise to pay because the oil embargo has made him more insecure, his chief fixer, Chase, played by Mark Wahlberg, asks Getty, “But no one has ever been richer than you are. What would it take for your to feel secure?” “More,” was the chilling answer. The answer of a true businessman.

There was one more element in the movie I found interesting. Recently I have been thinking a lot about rich people. Rich people and their fears. Some people have criticized me for this saying I sow seeds of class conflict. I disagree but may deal with that issue some time.

The rich seem to have intense fears, not the least when they are most secure. That is what I find most interesting. Why do the most secure seem to feel the most insecurity? In fact, it often seems the richer they are, the more fearful they are. I always think this is a hint that they feel guilt over their wealth. They feel that they don’t deserve it and someone will be coming to take it away, and they had better be prepared.

Peter Bradshaw the movie reviewer in The Guardian had some interesting things to say about Getty in this context. As Bradshaw said, “This film suggests they (the rich) also have more fear of their own children – fear that they will parasitically suck away energy that should be devoted to building up riches and status; that they will fail to be worthy inheritors of it, or waste it, or cause it to be catastrophically mortgaged to their own pampered weakness. This fear is the driving force of Ridley Scott’s raucous pedal-to-the-metal thriller about the ageing and super-rich oil tycoon J. Paul Getty.”[1]

Fear makes the rich do strange things. Things that might not be to their own advantage. Things that reveal a stark lack of fellow feeling. F. Scott Fitzgerald once said, “The rich are different from you and me,” to which Ernest Hemingway is famously alleged to have replied: “Yes, they have more money.” Hemingway should have said, “Yes they have more fear.”

Kris Kristofferson wisely said, “Freedom’s just another word for nothing left to lose.” That was true. But he could have said, just as truly, “Fear is just another word for everything left to lose.”

[1] Peter Bradshaw, “All the Money in the World review–raucous crime thriller banishes ghost of Kevin Spacey,” The Guardian (Dec. 19, 2017)

Elites against Elites

 

The elites have many stunning “achievements” to their credit. One that really amazes me is the extent to which they have convinced ordinary people—workers, laborors, government workers and the like—that the neo-liberals represent them against the elites. They constantly criticize the elites, especially the elites in the media, academia, and “the east.”

One of the neo-liberal politicians in the U.S. dwho was most adept at this approach was Newt Gingrich. Just like he could persuade socially conservative voters that too him marriage was a sacred institution on which all of society was based, even though Newt was married 3 times and divorced twice, under morally dubious circumstances.

Gingrich clearly had the abilty to say, with a straight face that black was white and white was black. This was dialectics that the most fervid Marxist would be impressed with.

As a result he could say—convincingly say—that he was a staunch of opponent of those elites from down east. After declaring victory in the South Carolina primary in 2012, he announced that he was separate and apart from the “elites in Washington and New York.” “Those elites,” he declared, have no understanding, no care, no concern, no reliabilituy” and are trying to “force us to quit being American.” What an astonishing statement for him to make.

Such statements are not really that unusual. Especially in the United States such derogatory remarks are common. Richard Nixon often painted himself as an opponent of that same “Eastern establishment” even though he had been a New York lawyer. At least he always had a resentful chip on his shoulder. So did his Vice President, Spiro Agnew who attacked the media elites as the “nattering nabobs of negativity.”

Of course the most astonishing case was Donald Trump. He said he would drain the swamp of Wall Street barons on behalf of working people. After getting elected he decided instead to pick cabinet minsters and advisors from those Wall Streeters. He picked the wealthiest cabinet in the history of the U.S. Is that draining the swamp?

This has also often happened in Canada. We are hardly immune to political hypocricy. Stephen Harper in Canada made similar remarks about “Professor” Michael Ignatieff. Similar attacks were made by the Conservatives against the former Liberal leader, another evil high brow academic, Stephan Dion. After all these people might read books!

Yet it takes a lot of overly ripe gaul for someone like Newt Gingrich to play the role of an anti-elitist. After all he served 10 terms in Congress while rising to its highest position, Speaker of the House where he was 2 heart beats away from the presidency. He was not just near the top of eastern power. He was there. The elite of the elites!

As if that was not enough he receieved a $4.5 million dollar advance for a proposed book which he was compelled to refuse after a political storm that resulted in an ethical investigation of the transaction. Added to that, he wrote numerous books for which he was very well paid. His income always exceeded 1 million each year mainly from books and speaking engagements. If only the common man could do so well in America!

Moreover, Gingrich earned his fortune by giving “strategic advice” to businesses who wanted to learn how to influence government to work in their favor. In that capacity he earned $1.6 million from Freddie Mac, one of of the quasi-governmental companies that was an important force in the financial melt-down of 2008. Of course, Gingrich did not suffer from that financial collapse. The elites don’t suffer. Suffering is for the peasants.

According to federal tax data in the US the average household income of the top one per cent in 2008 was $1.2 million. So Gingrich would fit in. Romeny of course would be in the upper echelons of that. In either case these two political leaders are a very long way indeed from the common man that they claim to represent against those awful elites.

Even though he characterizes himself as an outsider attacking those arrogant elites he also commony brags about how he helped Ronald Reagan and Bill Clinton create jobs. How can he be outside the elites and do all that with such elites? The answer of course, is that he can’t. He is the elite! He is the quintessential elite. He has been at the heart of the eastern elite for decades. He is no common man. That is absurd.

Of course his main opponent is not outside those elites either. Mitt Romney’s tax returns, that he divulged only after enornous pressure, showed that he earned $20 million the previous year. His net worth was estimated at $250 million. How rich or how powerful does one have to be to be part of the elite? As the Los Angeles Times said, “Now, a multimillionaire private equity manager whose tax rate is about 15 per cent will compete with a mult-millionaire Washington politician who relishes his access to power. And the two will, amusingly, compete to convince voters that each is an authentic outsider with a common touch.”

If these are the best elite fighters the common people of America can muster they are in for massive oblivion. Deserved obliteration. Or perhaps even worse, Donald Trump.