TLDR: Hobo Johnson did a musical rendition of some select quotes from the article. If the article is too cumbersome to read, listen to the song. It gets a lot of the point across.

  • Bonesince1997@lemmy.world
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    2 days ago

    Private capital tends to become concentrated in few hands, partly because of competition among the capitalists, and partly because technological development and the increasing division of labor encourage the formation of larger units of production at the expense of smaller ones. The result of these developments is an oligarchy of private capital the enormous power of which cannot be effectively checked even by a democratically organized political society. This is true since the members of legislative bodies are selected by political parties, largely financed or otherwise influenced by private capitalists who, for all practical purposes, separate the electorate from the legislature. The consequence is that the representatives of the people do not in fact sufficiently protect the interests of the underprivileged sections of the population. Moreover, under existing conditions, private capitalists inevitably control, directly or indirectly, the main sources of information (press, radio, education). It is thus extremely difficult, and indeed in most cases quite impossible, for the individual citizen to come to objective conclusions and to make intelligent use of his political rights.

      • Bonesince1997@lemmy.world
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        2 days ago

        Stood out to me for that reason, as well. Several other passages in there are like that, too, but that would have been too much to share. However, I did not read in its entirety. Sad that we cannot break out of our limitations, from what little I understand.

        • MotoAsh@piefed.social
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          2 days ago

          Because they’re not limitations. They’re jail cell bars. It’s the classic, “the system is broken” vs, “working as intended”.

          He’s right: The rich do have a massive imbalance of influence, and they like to keep it that way. It’s limited on purpose.