“You have to ask the question, is capitalism really about the ability of a handful of rich people to manipulate the lives of thousands of people and then walk off with the money?” (h/t TPM)
You might be wondering which ultra-progressive enemy of conservative, free market, American principles uttered that indictment of capitalism and the GOP (Greedy One Percent) model of the economy. It wasn’t Michael Moore or Nancy Pelosi or George Soros. It was former Speaker of the House of Representatives, and current floundering Republican presidential hopeful, Newt Gingrich.
Seriously. Gingrich is so obsessed with cutting off his nemesis, Mitt Romney (or R*Money as his Highlife Homies call him) at the knees that he has adopted the platform of Occupy Wall Street to expose Romney’s Carnage Capitalism that permits him to profit extravagantly from the suffering of others and the destruction of businesses and jobs. There is even a devastating new video produced by a pro-Gingrich Super-Pac, Winning Our Future, that could easily be used by the Obama campaign against Romney this fall:
This is precisely the strategy that should be implemented against Romney and the rest of the congressional GOP establishment in the upcoming elections. Gingrich knows that this line of attack will be effective or he wouldn’t be using it himself. He has surely done focus groups and other polling to affirm that. Even the GOP’s top pollster/strategist, Frank Luntz warned a meeting of the Republican Governor’s Association that…
“I’m so scared of this anti-Wall Street effort. I’m frightened to death. They’re having an impact on what the American people think of capitalism.”
It isn’t really the word capitalism that is the problem, but the corruption of it by people like Romney (and Gingrich, for that matter). But when the far right is embracing our arguments, you know that the tide has turned. And that is not a sign to relax or declare victory. It is a call to redouble our efforts and march on until our goals are achieved. This concession by Gingrich, and the video by his pals, are just the most recent indications that progressive values are on the ascendancy.