Monday, August 3, 2026

Working Class Heroes?

 by Joe Siano


As soon as you're born they make you feel small
By giving you no time instead of it all
Till the pain is so big you feel nothing at all
A working class hero is something to be
A working class hero is something to be

If you want to be a hero well just follow me

John Lennon 1979

In the Good Book, Aaron spoke for Moses, although Aaron was not the prophet.

Democratic Socialists purport to speak for America’s “working class”, although the Democratic Socialists are not working class.

It’s been that way for a long time

Joseph Schumpeter debunked these frauds ages ago. 


In his 1942 classic, Capitalism, Socialism & Democracy, he observes how capitalism sows the seeds of its demise:

“One of the most important features of the later stages of capitalist civilization is the vigorous expansion of the educational apparatus and particularly of the facilities for higher education.

…inasmuch as higher education thus increases the supply of services in professional, quasi-professional, and in the end all “white-collar” lines beyond the point determined by cost-return considerations, it may create a particularly important case of sectional unemployment.

Second, along with or in place of such unemployment, it creates unsatisfactory conditions of employment (i.e.) employment in substandard work or at wages below those of the better-paid manual workers.

Third, it may create unemployability of a particularly disconcerting type. The man who has gone through a college or university easily becomes psychically unemployable in manual occupations without necessarily acquiring employability in, say, professional work.

All those who are unemployed or unsatisfactorily employed or unemployable drift into the vocations in which standards are least definite or in which aptitudes and acquirements of a different order count. They swell the host of intellectuals in the strict sense of the term whose numbers hence increase disproportionately. They enter it in a thoroughly discontented frame of mind. Discontent breeds resentment. And it often rationalizes itself into that social criticism which as we have seen before is in any case the intellectual spectator’s typical attitude toward men, classes and institutions especially in a rationalist and utilitarian civilization.”

 

These overeducated malcontents coalesce into

“…a well-defined group situation of proletarian hue; and a group interest shaping a group attitude…(Of)… hostility to the capitalist order”

These people often find employment in education, media, politics, or government bureaucracy, where they will spread their distaste for competitive free enterprise – particularly among the young and impressionable.

Schumpeter’s insight has been given new credence via Peter Turchin’s elite overproduction hypothesis, “that describes the condition of a society that has excess of potential elite members relative to its ability to absorb them into the power structure.  This, he hypothesizes, is a cause for social instability, as those left out of power feel aggrieved by their relatively low socioeconomic status”.

A recent posting by blogger Nate Silver,  affirms that the Democratic Socialists are anything but working-class heroes.  He writes:

“The DSA occupies the high-education, lower-income corner of the electorate

…candidates like Graham Platner and Abdul El-Sayed who are associated with democratic socialism often claim to have the mandate of the working class. But in practice, their strengths tend to be with college-educated voters. 

Platner wasn’t particularly doing better among voters without college degrees than previous (losing) Democratic nominees in Maine. El-Sayed has relatively weak support from Black voters”

 


This is the latest epoch in a shameful tradition.


Karl Marx, an educated son of a successful lawyer, could not support his family with his writing. He depended on handouts from his rich buddy, Friedrich Engels, to tide him over.    Engels got money from his wealthy dad’s textile mills.  One wonders if he beat his breast crying mea culpa while exploiting his proletariat workers?


Proto-progressive Jean Jacques Rousseau enjoyed royal opulence in the palace of King Frederick the Great, as he waxed idyllic about the Noble Savage.  He pined for a return to nature while soaking up all the luxury the 18th century offered – fine food, warm beds, wine, spirits and doting servants.

Meanwhile, Rousseau never married the woman who bore him five children, nor did he support his kids.   All five newborns were consigned to a public orphanage.  

Noble savage, meet deadbeat baby-daddy. 

In the “workers’ paradise” of the Soviet Union, the working people were intimidated, starved, beaten, and sentenced to slave labor in the gulags.  The intellectuals ran the show, living like the Tsar and his nobles.  The elites were the “Vanguard of the Revolution”, the “Dictatorship of the Proletariat”.

 This Vanguard was to rule until the time came that the workers were ready to govern themselves.  Their clocks were set on mañana time.

Give me a break.  At least America once produced working-class heroes who were actually workers.

·         Eugene Debs worked in railroad shops at age 14 and later became a locomotive fireman

·         Samuel Gompers started rolling cigars at age 10 – first at home, then in small shops and later in factories

·         David Dubinsky left school at 15 to work as a baker in Russia and then in garment factories in America

·         Jimmy Hoffa left school at 14 to start his working life in a warehouse.

Tough.  Street smart.  No pampered college boys, there.  They may be pink, but at least they worked.


Yes, a working-class hero is something to be. Yet, the guy who wrote that tune had little claim to being one himself.  When John Lennon recorded songs like PowerTo The People and Working Class Hero, he was a jet-setting,
estate-owning, pop music glamour boy who left his working-class roots far behind.


Lennon mixed his talent, hard work, and dedication to craft with capitalist machinery to achieve fame and fortune.  He could never have climbed the mountain alone.   He had the benefit of managers, producers, record companies, music publishers, radio stations, publicists, fanzines, record shops, TV networks, concert promoters, instrument makers, sound engineers, delivery men, retail clerks, and many more.  

That's how capitalism works. One hand helps the other. Some prosper more, some less according to the value of their contribution,

When he got caught up with the Marxist radical left-wing editors Tariq Ali and Robin Blackburn of the leftist publication Red Mole, Lennon felt compelled  to justify his highfalutin lifestyle with phony baloney populist anthems.  

Baby, you're a rich man.  Or, were.  Pretending otherwise fools no one,


No wonder Hunter Thompson dismissed these songs as “ten years too late”, calling Lennon a "punk that should have stayed put and not tried to get all serious”.

For my money, real working-class heroes are people with ideas to improve consumers’ lives and take risks to bring those ideas to market. They create jobs for workers, and profits for investors. 
In other words, capitalists.


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“Half the people are stoned and the other half are waiting for the next election.
Half the people are drowned and the other half are swimming in the wrong direction.”
 
- Paul Simon

Sunday, July 19, 2026

The Bear: An Ode To Love And Capitalism

 by Joe Siano


If you have not seen The Bear TV series. You should.

For those who have, please walk with me a bit.

The show is a celebration of love, family, and free enterprise.   Rotten Tomatoes gives this synopsis:

“A young chef from the fine dining world comes home to Chicago to run his family sandwich shop after a heartbreaking death in his family. A world away from what he's used to, Carmy must balance the soul-crushing realities of small business ownership, his strong-willed and recalcitrant kitchen staff and his strained familial relationships, all while grappling with the impact of his brother's suicide. As Carmy fights to transform both the shop and himself, he works alongside a rough-around-the-edges kitchen crew that ultimately reveals itself as his chosen family”

 

The show’s protagonist, Chef Carmen "Carmy" Berzatto, sees his inheritance – a greasy spoon sandwich shop – as a once-in-a-lifetime opportunity - a lump of clay to be molded into the world-class, Michelin Star eatery of his dreams.

This launches Carmy on a risky capitalist mission to materialize his dream.  His dream is not riches.  It’s a Quixotic quest to do what he loves the way he wants to do it.  Art through cuisine.


FrankKnight, founder of the hardboiled School of Economics, understood that a business enterprise can be about something greater than money. “Economic activity is at the same time a means of want-satisfaction, an agency for want- and character-formation, a field of creative self-expression”

Carmy is not a businessman. His passion is for creating and serving innovative, one-of-a-kind dishes.  He’s practiced his craft in some of the world’s finest restaurants, while others worried about setting prices, paying bills, making payroll, and ends meet.

He needs practical help to create a sustainable business.

Neither is Carmy well-versed in motivational and management skills.  Like a Juilliard violinist in a symphony orchestra, he is accustomed to working with other highly trained professionals drilled to perform flawlessly on cue.  His inherited staff are Jackson Browne’s Pretenders, content to earn their hourly wages, then “come back and do it again”.

Carmy’s gastronomic aspirations call for a platoon of C-school graduates, but that’s unaffordable.  Therefore, he must transform his inherited and indifferent crew into creative culinary craftsmen.

 


In The Prince, Niccolò Machiavelli recommends fear as the most effective motivation strategy:

“it is much safer to be feared than loved because ...love is preserved by the link of obligation which, owing to the baseness of men, is broken at every opportunity for their advantage; but fear preserves you by a dread of punishment which never fails.”

 

Fear and intimidation will not fly with this bunch.  They are reluctant and skeptical - Chi-Town tough.  They also have numbers on their side.

This is where love enters the equation. Carmy needs them to buy into his vision - willing to pay the cost of discipleship.  Converts to the cause.

True believers are never won by the sword, whipping post, or rack,

They are won through demonstrations of love and self-sacrifice.

Adam Smith, widely regarded as the father of modern economic thought, was a Professor of Moral Philosophy at the University of Glasgow.  He understood that people are motivated by more than ROI or big paychecks.

In his 1759 work, The Theory of Moral Sentiments, he explains:

"Man naturally desires, not only to be loved, but to be lovely; or to be that thing which is the natural and proper object of love."

 

Smith distinguishes between being loved and being lovely. To be loved means to receive affection or approval.  To be lovely means to actually possess the virtues, praiseworthy qualities, and integrity that naturally command and deserve that love. It highlights that true happiness comes from internal moral worth rather than just seeking validation or fame from others.

A few centuries later, Limp Bizket put it crudely, “ I did it all for the nookie”.

However, Smith is better remembered for his observation of tradesmen acting in self-interest: 

"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest."

Still, astute business observers hold that it runs counter to self-interest to treat customers, suppliers, shareholders, or employees dishonestly or with disrespect.

The Golden Rule is the best policy.  Treating others well earns “goodwill" for a business. 

Investors and accountants recognize goodwill as a real but hard-to-quantify value in a business. Goodwill includes those “soft” assets that don’t show up directly on a balance sheet but drive long-term success.

Examples of goodwill include:

  • Brand equity: a recognized name that wins customer trust
  • Customer relationships: recurring contracts, sticky products, or loyal users
  • Reputation and trust: the credibility a company has in its industry
  • Team and culture: employees’ know-how and collaboration
  • Market position: distribution advantages, partnerships, or first-mover status

It’s an accounting entry that reflects the extra price paid for intangible value. 

Human beings with hearts and souls seek more in life than the accumulation of material goods.  They want love, respect, meaning, and purpose.

Economist Deirdre McCloskey argues that virtue is an essential driver of bourgeois capitalist success.   It is a fundamental component of the explosion of material prosperity that our world has experienced since the Nineteenth Century.  And the cardinal virtue is love.

From her book, The Bourgeois Virtues: Ethics for an Age of Commerce:

“…love in the extended sense is necessary for a company, or England, or any human project. Love does make the world go ‘round. Robert Frank has argued at length that the trustworthiness necessary for business “is motivated not by rational calculation,” which would reduce all virtues to Prudence, “but by emotions—by moral sentiments, to use Adam Smith’s term.”True. But there is a deeper argument available. Harry Frankfurt points out that “love makes it possible . . . for us to engage wholeheartedly in activity that is meaningful.” Humans want meaning. They just do, and they do not make an exception for capitalism.”

 Chef Berzatto has little to give but love.  In this instance, love is his conviction that each of his newfound employees has more to offer than they think.  He must make them believe in themselves by convincing them that he, a world-class chef, sees the worthiness and potential in each of them.

He invests his time, talent, energy, know-how, patience, and what little money he has in his team. He makes big bets on his people.

It won’t be easy.  There will be mistakes, pain, pushback, insults, disappointments, fights, and failures.

But that’s how love is.  That's business.  That's life. No pain, no gain.

 Love hurts.

 

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“Half the people are stoned and the other half are waiting for the next election.
Half the people are drowned and the other half are swimming in the wrong direction.”
 
- Paul Simon



Tuesday, July 7, 2026

King James, And His Distressed Damsels

by Joe Siano

 


Your Highness,

While the sports world follows your latest career moves, a pressing matter demands your attention and voice.

You are renowned as a forceful advocate for social justice.  Turn then, your empathetic gaze upon the plight of America’s female professional basketball players.

“Equal Pay for equal work” has long been a rallying cry for the exploited classes.  The underserved.  The underprivileged.

This principle is enshrined  in federal law via the Equal Pay Act of 1963, which specifies that:

“No employer having employees subject to any provisions of this section shall discriminate, within any establishment in which such employees are employed, between employees on the basis of sex by paying wages to employees in such establishment at a rate less than the rate at which he pays wages to employees of the opposite sex in such establishment for equal work on jobs the performance of which requires equal skill, effort, and responsibility, and which are performed under similar working conditions…”


How unjust are things?  Let’s go to the stats and break it down like Larry Brown.

 The average WNBA player is paid 96% less than the average man in the NBA

  •   $600,000 per year versus $15,150,000

Others may assert that the NBA schedule is longer than WNBA season - 82 games versus 44
When adjusted for schedule length, the differential improves marginally

  •  $184,756 pay per game in the NBA versus $13,636 in the WNBA

Some may counter that NBA games are longer – 48 minutes  versus 40.
Doing the math, the women are still paid at an hourly rate 91% below that of the men

  •  $239,945 per hour in the NBA versus $20,454 in the WNBA

Take a look at the scoreboard:



And what do the golden years hold for the athletes in each league?

NBA players can expect a pension of over $30,000 per year for a three-year veteran and over $215,000 for ten years of service.  They also get lifetime medical coverage.

The WNBA offers no guaranteed benefit plan.  Unfair! Outrageous!

Some wag may suggest that the WNBA players receive far less compensation than their male counterparts because the WNBA generates far less revenue than the NBA.  As a long time progressive, I’m sure you agree that individual income should not be tied to that person’s production.

From each according to his ability, to each according to his needs.  This should hold true on our athletic courts and fields as it is in our mills, factories, farms, shops, and offices.




King James, it’s time for you to, once again, speak truth to power.  You are a business partner of the NBA, which holds a 42% stake in the WNBA.

Upon reflection, you may see that you are part of the Power, the Hoops Patriarchy.

Here are some suggested remedies:


  1. The NBA Board of Governors immediately insists on parity and level salaries to about $8,000,000 per year across both leagues and give the women comparable retirements plans.  I fear that this top-down solution may meet with resistance from the NBA Players Association.
  2. Make the NBA players heroes by asking them to voluntarily contribute to help balance the scales.  A GoFundMe for the underappreciated Women pro ballers  

  3. Subsidies: Lobby lawmakers to make matters right by subsidizing the league via a Pro Sports Gender Pay Equity Act.  American taxpayers are sure to see the justice in this.


Thanks for your attention in this righteous cause.  Have a great season with your new team.

Have a blessed day.

The Two-percenter

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“Half the people are stoned and the other half are waiting for the next election.
Half the people are drowned and the other half are swimming in the wrong direction.”
 
- Paul Simon