Jim Hightower: All we export is our future (We can have a plutocracy, or a democracy. But not both.) [View All]

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March 03, 2011 Columns » Hightower
All we export these days is our future
Lowdown
by Jim Hightower


By gollies, America is still an exporting powerhouse. In fact, our corporate chieftains have made us number one in exporting America's most precious goods — our jobs, factories, technologies, and middle-class opportunities.

With unemployment and underemployment devastating millions of families in our country, perhaps you've assumed that U.S. corporations aren't hiring these days. Nonsense, they added 1.4 million jobs last year alone — overseas, that is.

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Calvin Coolidge once asserted that "What's good for business is good for America." That was myopic enough, but today's narcissistic CEOs are even more self-serving, declaring: "What's good for business is good for business, America be damned."

If we are to have a united society, America cannot tolerate such raw selfishness by the privileged few. We can have a plutocracy, or a democracy. But not both.