Thursday, November 8, 2012

Elite funders of the Democrat Party

Joel Kotkin weighs in here with a timely analysis of the new and powerful "elites" now funding the Democrat Party and Obama.  This wealthy claque of knowledge entrepreneurs is now beginning to assert itself by politically financing its ideas of how to solve the world's problems at least  as they see them.  Their agenda is clean energy, environmentalism, redressing racial and income inequalities, generally speaking that of the Obama Democrat Party.  In conjunction with Hollywood, academia and the administrative state regulators and enforcers, these newly wealthy represent post industrial progressives and sound very much like the old progressive descendants of the Woodrow Wilson movement.  Think micromanaging Mayor Mike Bloomberg, himself a technology billionaire,  and you have a pretty good fix on who these people are and how they think.  Since they are fabulously wealthy, made so by the clean business of packaging, manipulating and moving information, they are not in touch with nor sympathize with the industrial age types like energy industry titans or any others who live in the"dirty" world of heavy industry and the like.  Like all elites, they fervently believe they know best and therefore  are destined to help the lower orders lead better, more productive and happier lives.  This kind of thinking is a slightly more benevolent version of that which prevailed for 80 years planning and destroying the economy of the USSR, and for much briefer period of time in fascist Germany and Italy.

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