On Mitt Romney, Captain of Industry or Robber Baron? By Publius

American Capitalism in the 18th Century was about the trade in slaves, tobacco and molasses, to foreshorten the actuality. We have progressed, but the feudal mentality of the 18th Century entrepreneur remains a constant in the present age of the failure of Capital. Here is an instructive essay on the business practice of Mitt Romney, rather impressive, but not quite the portrait of the wise Captalist, who builds instead of tearing down. The facts are at odds with the public relations clap trap of this perennial candidate. Hardly a surprise, but the level of mendacity, the bad faith that Mr. Romney entertains is quite striking, even for a modern day Republican.Here is a quote from the great man himself:

“Sometimes the medicine is a little bitter,” he said, “but it is necessary to save the life of the patient.”

Publius

About stephenkmacksd

Rootless cosmopolitan,down at heels intellectual;would be writer. 'Polemic is a discourse of conflict, whose effect depends on a delicate balance between the requirements of truth and the enticements of anger, the duty to argue and the zest to inflame. Its rhetoric allows, even enforces, a certain figurative licence. Like epitaphs in Johnson’s adage, it is not under oath.' https://www.lrb.co.uk/v15/n20/perry-anderson/diary
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