Mike Bloomberg with all his billions made as a bond trader and a news service founder is on a personal mission to snatch the presidency from the populist and fellow New Yorker Donald Trump. Jealousy and hate seem to motivate Bloomberg more than ideology.
Bloomberg’s compatibility with the socialist Democrats is a major question, and his disdain for farmers and working people is an enigma for one who is running for the presidency. A multitude of controversies, as a former mayor of New York City, like ‘stop, search, and frisk’ designed to help fight crime and police officer safety is an example of a policy not in line with the thinking of socialist Democrats of today.
The admitted socialist Bernie Sanders, currently the leader for the socialist Democratic nomination, has called him an oligarch. Many others believe Bloomberg is a plutocrat, a person whose power derives from their wealth.
The economic elite like Bloomberg will become more insulated, wielding more untrammeled power over ostensibly democratic societies, much in the same way that the political elite in China lords over that country. The more that political power in liberal capitalist systems become fused together, the more liberal capitalism will become Plutocratic, taking on some features of political capitalism. In the latter model, politics is the way to win economic benefits; in plutonic—formerly liberal meritocratic—capitalism, economic power will conquer politics.
The endpoint of the two systems will be the same: the closing ranks of a privileged few and the reproduction of that elite indefinitely into the future. Patriots, don’t be fooled by any of this nonsense weather it be the socialist ideology of Sanders and the other socialist Democrats or the proposed plutocracy of Mike Bloomberg. God bless America.
Tommy Coleman