Businessmen: Once Again, Public Enemy #1

Thomas Sowell puts the hammer right smack on the head: Ivan and Boris Again: Why Politicians and the Media Attack CEO Pay:

It is not the general public that singles out corporate CEOs for so much attention. Politicians and the media have focused on business leaders, and the public has been led along, like sheep.

The logic is simple: Demonize those whose place or power you plan to usurp. [Emphasis added.]

Politicians who want the power to micro-manage business and the economy know that demonizing those who currently run businesses is the opening salvo in the battle to take over their roles.

That’s exactly right. Hitler and Stalin were masters at it–make public enemies out of those you want to enslave or kill, and the public will follow along when you do it.

Read the whole thing.

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