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writing for godot

Home Depot Co-Founder Ken Langone Epitomizes the 1%; Smugly Disregards Income Inequality

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Written by David Starr   
Thursday, 31 May 2018 05:54

Ken Langone is not interested in eliminating income inequality. He actually doesn't give a damn about it.

Langone is a hardcore conservative who has allies like the Koch brothers. He has written a book entitled, "I Love Capitalism," an over glorious tribute to a system that has a basic feature like income inequality for the many.

Langone's defense of his class is smug and arrogant. He blames those who oppose income inequality as a source of what is wrong in U.S. society (or any society). Langone's most controversial remark made in 2014 comparing progressives with Hitler is way over the top. From the Huffington Post:

"In a March interview with Politico, Langone said a GOP pivot toward economic populism championed by progressives and such Tea Party candidates such as Kentucky Sen. Rand Paul and Texas Sen. Ted Cruz would mirror the rise of Adolph Hitler. 'I hope it's not working,' said Langone of the political appeals at the time. 'Because if you go back to 1933, with different words, this is what Hitler was saying in Germany.''' And Langone, rather than apologize, eventually double-downed, saying, "That's all! I stand on what I said."

Langone remarked that "You don't survive as a society if you encourage and thrive on envy or jealousy," implying that those struggling to make ends meet are jealous of the 1%, a blatantly insulting remark.

While Langone thrives in his capitalist bubble, reality goes on. Philip Bump, writing in the Atlantic magazine:

"A majority of Republicans back a wage hike; 72 percent of all Americans think it's overdue. Two-thirds of Americans are unhappy with income inequality, including, again, a majority of Republicans."

Jealousy or envy is not the issue. Langone's turning away from the many coping with income inequality, and those wanting to change that, is the issue. Langone could be compared to the Robber Barons of the 19th century. There is a priority not on people but on profits. The characteristic attitude of "I got mine and to hell with you." This attitude is the problem; not progressives talking like Hitler, which is a delusional fantasy of Langone's.

One-percenters like Langone not only need a lesson in etiquette, they need to know how it feels living from paycheck to paycheck. While there are "rags to riches" stories out there, that doesn't mean that the 1% need to run roughshod over the 99%. Despite what Langone says, there's no excuse for it. There's no excuse for the disparity of wealth.

Given the power they have, the one-percenters have to stop playing victim every time someone condemns income inequality. Langone's example of "victimhood" makes the whole thing pathetic. Rather than being victims, they are essentially the problem. And they don't give a damn about it.

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