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#capitalism is the worst – @thoughtportal on Tumblr
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Thought Portal

@thoughtportal / thoughtportal.tumblr.com

A blog of the media I am consuming
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How do people feel about losing power? Oh, they were not pleased. Twitter was even more swollen with bile than usual, if you happened to stumble into #PGEshutoff or #PGEshutdown. Reporters had no trouble finding sources that wanted to piss on PG&E, and it looks like someone in the town of Maxwell (north of Sacramento) shot at utility workers, hitting a truck. Some anger is understandable. After all, PG&E funnelled money it might have spent on safety to investors. But it also suggests some baser instincts. Americans, especially, get heated when inconvenienced. The sporadic gas-price spikes of the 1970s helped set off seismic shifts in U.S. politics. It’s easy to imagine this tide of venom turning against renewable energy if it came with too many brownouts.

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Sculptor Arturo Di Modica installed the “Charging Bull” in the Financial District in 1989 as a work of guerrilla art to symbolize the “strength and power of the American people” in the wake of the stock market crash in 1987. Modica self-financed the sculpture and presented it as a gift to the city. It has quickly become a popular tourist destination, and it remains so until now. But to some, the bull represents Wall Street’s rampant capitalism. During the Occupy Wall Street protests in 2011, the New York Police Department (NYPD) barricaded the statue for more than seven weeks and monitored it 24 hours a day to protect it from protestors.

While it has not been damaged during the Occupy Wall Street protests, Di Modica’s bull suffered from other attacks in the past. It was doused with blue paint both in 2008 and in 2017. And in 2010, guerilla artist Olek “yarn-bombed” the statue with a purple and camouflage crochet.

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A metastasizing swath of media is controlled by private-equity vultures and capricious billionaires and other people who genuinely believe that they are rich because they are smart and that they are smart because they are rich, and that anyone less rich is by definition less smart. They know what they know, and they don’t need to know anything else.

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