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Wednesday, March 3, 2021

Mike Klonsky's Blog: Capitalism 2.0. Is the lion really lying down with the lamb?

Mike Klonsky's Blog: Capitalism 2.0. Is the lion really lying down with the lamb?
Capitalism 2.0. Is the lion really lying down with the lamb?




What's going on here? Corporate America, Hollywood, and NFL owners all rebranding and advertising Black Lives Matter themes, doling out billions in philanthropic grants to left and progressive organizations, and even heaping faint praise on socialists. 

From watching the TV ads, one would think that the Fortune 500 corporations had all joined BLM, that the NFL had made things right with Colin Kaepernick, and that the Golden Globes weren't being awarded by a white-only board. 

In this vein, two recent articles in Crain's Chicago Business caught my attention this week. The first, "City Council's socialists see themselves as an antidote to the status quo", by reporter A.D. Quig, is surprisingly praiseful of a "socialist bloc" of aldermen, elected to the Council in the 2019 anti-machine wave that included the landslide election of Mayor Lori Lightfoot. 

Quig writes: 

Their legislative scoreboard isn't terribly impressive, and they've rankled some of CONTINUE READING: Mike Klonsky's Blog: Capitalism 2.0. Is the lion really lying down with the lamb?