Business

Capitalism is dead, but we still dance with the corpse
By Joe Bageant
editors note: It has been my privilege to know, talk with and read the brilliance of Joe Bageant for several years now and here to pring his most recent essay.

As an Anglo European white guy from a very long line of white guys, I want to thank all the brown, black, yellow and red people for a marvelous three-century joy ride. During the past 300 years of the industrial age, as Europeans, and later as Americans, we have managed to consume infinitely more than we ever produced, thanks to colonialism, crooked deals with despotic potentates and good old gunboats and grapeshot. Yes, we have lived, and still live, extravagant lifestyles far above the rest of you. And so, my sincere thanks to all of you folks around the world working in sweatshops, or living on two bucks a day, even though you sit on vast oil deposits. And to those outside my window here in Mexico this morning, the two guys pruning the retired gringo's hedges with what look like pocket knives, I say, keep up the good work. It's the world's cheap labor guys like you -- the black, brown and yellow folks who take it up the shorts -- who make capitalism look like it actually works. So keep on humping. Remember: We've got predator drones.