First, I want to thank @grac3alot and @Coloma for maintaining a civil debate; I’ve enjoyed reading the back and forth; good points on both sides.
I can’t help thinking that the relative strength of each position is determined by the cyclical nature of the economy throughout the history of the U.S.. Thom Hartmann wrote a book where he argues… that the country’s past financial crashes—in 1770, in 1856, in 1929—offer valuable insight into how the wealthy have hijacked the government’s response to the most recent crash.
He contends that Congress responds to whomever serves them best. The pendulum swings between capitalists looking out for their monied self-interests, and the populists looking out for the rest of us, the average citizen.
In the most recent cycle, populists gained power after the Great Depression through the unions and social programs; taxes were very high on capitalists for a while. Since the fifties, union membership has been decreasing, and so have taxes on the wealthy, significantly so. Hartmann thinks we’re reaching the point where capitalists have pushed too far at the expense of the middle class, and that populists are ready to stand up and say, ‘enough already’. At this point in past cycles, the power pendulum began to swing toward populists after a major event like war, a depression, or both.
Hartmann is guessing that 2016 might be the year where the shit hits the fan. I don’t know enough to pinpoint it that precisely. But with the civil liberties issues we’re seeing, the stagnant wages of the middle class, the decline of our infra-structure, the decline of quality in public education, and the lack of jobs that will support a family, I think we’re getting real close to a major, societal shifting event of some sort.
Regardless of which side one leans toward, in just a few more years, one’s perception of grac3alot’s and Coloma’s points could be completely different.
Oh…to answer the original question, I think we’ll always have exploitation of the less fortunate.