OWS Slogan Hides Class Nature of Profit System
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The main weakness of Occupy Wall Street is its implication that only a tiny minority, mainly bank presidents and Fortune 500 CEOs, benefit from the gross inequalities of capitalism, and the rest of us need to unite to make things fairer.This idea hides the class nature of the capitalist profit system and all the agents it uses to enforce the exploitation of the working class. The Occupy slogan, We Are the 99%, distorts people’s understanding of the ranks of our class enemies.
Have you ever been directly supervised by Bill Gates, Warren Buffett, David Koch, or any other billionaire? Hardly. In fact, many corporate vice presidents, human resources directors, managers, administrators and supervisors are links in the chain that binds us to the capitalist system.
Bosses’ Flunkies Not On Our Side
For example, an assembly-line worker has a foreman, the foreman’s supervisor, a plant manager, and so on up the line. All of these people are responsible for extracting surplus value (the source of all profits) from our labor. None of them are on our side. Similarly, a schoolteacher must answer to various assistant principals, a principal, a district superintendent, and the people elected or appointed to the board of education. All of these flunkies are on the bosses’ side, unless and until they demonstrate otherwise by such actions as supporting a strike or joining Progressive Labor Party.
One Percenters Have Millions of Agents
Other tools of the capitalist class include politicians (Democratic and Republican); political appointees (judges, district attorneys, commissioners, regulators); high-paid lawyers, money managers and other professionals; media hacks; entertainment performers and executives; religious leaders; and professors and think tank fellows, both liberal and conservative, who are charged with churning out capitalist ideology and strategy. And don’t forget highly paid national and local union leaders, whose job is to work together with the bosses to get workers to submit to layoffs and cuts in wages, working conditions, health benefits and pensions.