Monday, October 6, 2008

Ronald Reagan and Nancy Reagan aboard a boat i...Image via Wikipedia

http://www.dailykos.com/storyonly/2008/10/5/1851/21840/455/618900

"In 1975, Ronald Reagan declared that the great majority of Americans were not capitalists. That may seem surprising, considering that most of us would consider America a capitalist society, but Reagan had a purist's approach to the subject. He said, "Roughly ninety-four percent of the people in capitalist America make their living from wages. Only six percent are true capitalists in the sense of deriving their income from ownership of the means of production."

"What the "Great Communicator" is trying to communicate to you here is that you're a peon. You work for a living. Real capitalists own for a living. But don't worry -- Reagan and his friends among the market fundamentalists had a fix in mind, one that was already underway."

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