Americans Have Been Turned Into Peasants – It’s Time to Fight Back

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In the 1970’s, Goldman Sachs CEO Gus Levy famously encouraged his employees to be “long-term greedy.” In order to understand how far we have fallen as an economy and culture, it’s important to understand the meaning of the phrase and reflect upon it.

“Long-term greedy” implies two very important principles that define a well functioning and ethical free market economy. First, is the unrepentant belief that earning a good profit and striving for financial success is a reasonable and admirable goal for both individuals and corporations. Second, is the understanding that such financial success should be earned, not stolen. If one’s focus is the long-term, the implication is that you’re committing yourself to building something real, and that the marketplace will ultimately reward you handsomely for your product or service.

Throughout my childhood, and much of my adult life, I naively assumed this was the way the U.S. economy functioned…

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5 comments on “Americans Have Been Turned Into Peasants – It’s Time to Fight Back
  1. alan says:

    I predict no effective fight back.
    The organizational ability and mental discipline are lacking.

  2. 7th Avenue Aviator says:


    Totally agree.


  3. John Puma says:

    Any potential “organizational ability” has been meticulously destroyed by (highly organized) 1) promulgation of the “proud individual” myth along with 2) continuous attacks upon (from propaganda to frank war) any and all governments that even hint at prioritizing the rights of biological persons over those of the corporate person.

  4. alan says:

    The disappeared in various South American CIA backed juntas is an example of nipping organization in the bud. see point 2) above.

  5. alan says:

    In many cases the disappeared were not active in the opposition but had the potential and intelligence to organize opposition if they chose. JP was correct to use the term “meticulously destroyed by highly organized”