{"id":8654,"date":"2026-06-10T10:11:28","date_gmt":"2026-06-10T14:11:28","guid":{"rendered":"https:\/\/dahlman.online\/?p=8654"},"modified":"2026-06-10T10:11:30","modified_gmt":"2026-06-10T14:11:30","slug":"the-one-percent","status":"publish","type":"post","link":"https:\/\/dahlman.online\/index.php\/2026\/06\/10\/the-one-percent\/","title":{"rendered":"The One Percent"},"content":{"rendered":"\n

Peculiar Institution<\/h2>\n\n\n\n

The United States fought a Civil War in the middle of the 19th<\/sup>\u00a0Century.\u00a0\u00a0Now, over 160 years later, there are still arguments about the causes of that war.\u00a0\u00a0So let\u2019s make one thing clear, right now.\u00a0\u00a0The Civil War was about enslaving a race for economic purposes.\u00a0\u00a0\u00a0There are a lot of moral failures in that \u201cpeculiar institution\u201d of slavery, but the bottom line was this.\u00a0\u00a0The Southern economy was largely based on cotton farming.\u00a0\u00a0Cotton farming required huge amounts of hand labor.\u00a0\u00a0<\/p>\n\n\n\n

While Eli Whitney\u2019s 1793 invention of the \u201ccotton engine\u201d did the job of removing seeds from the cotton bolls, ending hours of tedious hand labor, it also pulled the \u201ccork from the bottle\u201d.\u00a0\u00a0If cotton could be cleaned quickly and efficiently, then more of it could be grown.\u00a0\u00a0Rather than hire folks to pick that cotton, the South used the enslaved to do so.\u00a0\u00a0And, since cotton ultimately wore out the land it was grown on, wealthy Southern cotton growers were constantly looking for more land.\u00a0\u00a0That required expansion, from the Atlantic states to the Deep South, and from the Deep South over the Mississippi into Texas, and beyond.<\/p>\n\n\n\n

Don\u2019t tell John Wayne, but the Texas War of Independence, including the battle at the Alamo, was fought by Americans who wanted to grow cotton in Texas, owned by Mexico.\u00a0\u00a0Mexico freed slaves in 1829.\u00a0\u00a0So those famous Americans who fought for Texas Independence in 1836 were actually fighting to maintain their \u201cright\u201d to\u00a0\u00a0enslavement.<\/em><\/p>\n\n\n\n

Civil War<\/h2>\n\n\n\n

By the 1850\u2019s the economic issue for the South was simple.\u00a0\u00a0Either they could use their \u201cpeculiar institution\u201d on more and more lands of the United States, or they faced ultimately economic failure when the existing grounds no longer supported the cotton plants.\u00a0\u00a0All of the \u201ccompromises\u201d, in the end, faced that ultimate limitation.\u00a0\u00a0For cotton, it was either expand or die.\u00a0\u00a0And for the South, cotton required enslavement.\u00a0\u00a0An entire economic model, and culture, depended on it.<\/p>\n\n\n\n

The Civil War forced change.\u00a0\u00a0Over 600,000 Americans died in the fight that ultimately led to emancipation.\u00a0\u00a0And, after the War, the Union (the North) maintained an occupation of many of the former rebellious states.\u00a0\u00a0That was both to protect the freedmen, but also to keep their former owners from regaining political power.\u00a0\u00a0In the economic vacuum created, Northerners came in to fill the void and make a profit.\u00a0\u00a0They were named after their luggage, \u201ccarpetbaggers\u201d.\u00a0\u00a0That lasted for almost a decade.\u00a0\u00a0<\/p>\n\n\n\n

Corrupt Bargain<\/h2>\n\n\n\n

<\/p>\n\n\n\n

But ultimately the Nation grew tired of the effort and expense, and a political deal was cut between rival political factions:\u00a0\u00a0the Republicans who had supported the war, and the Southern Democrats.\u00a0\u00a0The Southern Democrats would allow a winning Northern Democrat to have the White House taken away, as long as the troops left the South.\u00a0\u00a0New York Governor Sam Tilden won the election but lost the Presidency in the 1876 electoral vote, replaced by Ohio\u2019s Rutherford Hayes.\u00a0\u00a0Reconstruction was ended.<\/p>\n\n\n\n

And that same Southern economic class, now joined by some of the carpetbaggers, found ways to put the cheap labor back in the fields.\u00a0\u00a0Meager wages, share cropping, and planned indebtedness trapped the freedmen back on the land.\u00a0\u00a0They may have switched cotton for soybeans, and they technically were \u201cfree\u201d, but now they were economically enslaved to the land and the crops once again.<\/p>\n\n\n\n

American Divide<\/h2>\n\n\n\n

Economic forces often drives history.\u00a0\u00a0And our current governmental crisis is an example.\u00a0\u00a0America is more divided than ever before, and it isn\u2019t the \u201cpolitical divide\u201d.\u00a0\u00a0The richest 1% of Americans control 30% of the nation\u2019s wealth.\u00a0\u00a0The top 10% of Americans control almost 70% of the wealth.\u00a0\u00a0And, the bottom 50% of Americans control 2.5% of the Nation\u2019s wealth.\u00a0\u00a0\u00a0America is divided by income inequality more than ever before.<\/p>\n\n\n\n

An even more telling statistic:\u00a0\u00a0more than 10% of Americans have a negative total wealth.\u00a0\u00a0They owe more than they have.\u00a0\u00a0And 30% have a \u201czero net-worth\u201d, not so different from the share-croppers of the post-Reconstruction South.<\/p>\n\n\n\n

The Billionaires and Millionaires are taking more than just economic power.\u00a0\u00a0The Supreme Court gave them \u201cthe right\u201d to spend as much money as they want on political causes.\u00a0\u00a0If money is \u201cfree speech\u201d as the Robert\u2019s Court ruled, then the concept of voting equality, \u201cone person, one vote\u201d just doesn\u2019t make much difference anymore.\u00a0\u00a0A billion dollar\u2019s worth of \u201cvoices\u201d can shout down a single dollar\u2019s worth crying out.<\/p>\n\n\n\n

For Sale<\/h2>\n\n\n\n

State legislatures seem \u201cfor sale\u201d.\u00a0\u00a0Sure, here in Ohio House Speaker Larry Householder went to jail for taking a $61,000,000 bribe to get the legislature to pay First Energy\u2019s bills.\u00a0\u00a0But here\u2019s the real \u201ctell\u201d of our current climate.\u00a0\u00a0The leaders of First Energy, the actual \u201cbribers\u201d are still walking the streets. Their criminal charges resulted in a mis-trial.\u00a0\u00a0And the Ohio legislature is still under the thrall of private for-profit education, the power companies, and other high tech businesses.\u00a0\u00a0When it all comes down, it\u2019s about money, not what\u2019s good for Ohio.<\/p>\n\n\n\n

Wealth is taking the side of the current national\u00a0\u00a0Administration as well.\u00a0\u00a0Trump\u2019s supporters, like David Ellison and Jeff Bezos, are buying up national information providers, in order to suppress opposition to Trump.\u00a0\u00a0Ellison is in the process of purging\u00a0CBS<\/em>, and Bezos has already decimated the\u00a0Washington Post<\/em>.\u00a0\u00a0<\/p>\n\n\n\n

In Control<\/h2>\n\n\n\n

There was an old, scary television show, called\u00a0The Outer Limits<\/a>.\u00a0\u00a0It started with the phrase, \u201cWe are controlling transmission.\u00a0\u00a0We will control the horizontal.\u00a0\u00a0We will control the vertical\u2026\u201d<\/p>\n\n\n\n

We are in an economic era today where the wealthy class, like the 1960\u2019s show, want to control all that we see, and hear, and do.\u00a0\u00a0Artificial intelligence is just one more sign that a new battle of economic control is near.\u00a0\u00a0And the wealthy class (as a whole) has already taken their side.\u00a0\u00a0<\/p>\n\n\n\n

Sure, it\u2019s MAGA versus Progressive, Republican versus Democrat.\u00a0\u00a0But it\u2019s more the extremely wealthy versus the rest of America.\u00a0\u00a0It took over 100 years to even begin to right the wrongs created by the end of Reconstruction.\u00a0\u00a0I\u2019m not sure what it will require to fix the growing inequities we have today.\u00a0\u00a0But we can start by regaining some political power.\u00a0\u00a0We need to \u201ccontrol the horizontal and the vertical\u201d.\u00a0\u00a0\u00a0<\/p>\n\n\n\n

 Then we can try to balance America\u2019s wealth for the benefit of all Americans, not just the one  percent.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Peculiar Institution The United States fought a Civil War in the middle of the 19th\u00a0Century.\u00a0\u00a0Now, over 160 years later, there are still arguments about the causes of that war.\u00a0\u00a0So let\u2019s make one thing clear, right now.\u00a0\u00a0The Civil War was about enslaving a race for economic purposes.\u00a0\u00a0\u00a0There are a lot of moral failures in that \u201cpeculiar … Continue reading “The One Percent”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-8654","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nThe One Percent : Our America - 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