Friday, August 26, 2022

American Luddites

 US Republicans are seeking to ban Environmental, Social and Governance (ESG) investment criteria. Florida governor DeSantis banned them from state pension funds (PS he wants to run for President) and Texas banned investments that are “hostile” to the fossil fuel industry.

During 1811-16 bands of English workers attacked cotton mills, destroying machinery that would, supposedly, put them out of work. They were called Luddites, after their purported original instigator. It didn’t work then and, hopefully, it won’t work now. But, one has to wonder: Luddites were uneducated, poor workers. Today’s naysayers are educated, rich political leaders who hold major positions of power.

What does this say for the American Empire’s future?




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