Romnesia: The Ability of the Very Rich to Forget the Context in Which They Made Their Money

• To forget their education, inheritance, family networks, contacts and introductions. To forget the workers whose labour enriched them. To forget the infrastructure and security, the educated workforce, the contracts, subsidies and bail-outs the government provided.
• A potent myth is being used to justify economic capture by a parasitic class.
• Mitt Romney on "Freeloaders," Mideast, and Why He's Scared of the Women on 'the View"

George Monbiot, Monbiot.com

Photo Credit: Shutterstock.com

September 25, 2012 | We could call it Romnesia: the ability of the very rich to forget the context in which they made their money. To forget their education, inheritance, family networks, contacts and introductions. To forget the workers whose labour enriched them. To forget the infrastructure and security, the educated workforce, the contracts, subsidies and bail-outs the government provided.

Every political system requires a justifying myth. The Soviet Union had Alexey Stakhanov, the miner reputed to have extracted 100 tonnes of coal in six hours. The United States had Richard Hunter, the hero of Horatio Alger’s rags-to-riches tales(1).

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