Tag Archives: parasitic capitalism

The signs of the times: Rich and poor pawning their stuff to pay bills


Times are hard but business is up for pawn shop dealers across the country. A Reuters report  says that Americans of all classes are pawning and selling their stuff to pay the bills. With the end of the economic recession not in sight, the report should make people ponder the nature of this crisis, their  lifestyles  and the meaning of money.

The color of money is blacker than the blackest hole, if you really wanna know.

The color of money is blacker than a black hole. Now you see it, now you don't.

Sue Zeidler and Tim Gaynor say that “Pawn shop owners see strong business across the country, even in unexpected locales like Beverly Hills, the mecca of luxury living and shopping.”

What this portends is the re-enactment of an age old drama: the filthy rich getting  richer and the poor getting poorer –  the  old soil in which parasitic capitalism thrives.

“Now you can say that I’ve grown bitter but of this you may be sure
The rich have got their channels in the bedrooms of the poor”
Leonard Cohen, The Tower of   Song.