These capitalists generally act harmoniously and in concert, to fleece the people

These capitalists generally act harmoniously and in concert, to fleece the people

Abraham Lincoln, the 16th President of the United States, was a man who understood the power dynamics at play in society. He recognized the influence of capitalists and their ability to manipulate the system for their own gain at the expense of the common people. In a letter to Colonel William F. Elkins in 1864, Lincoln famously wrote, “These capitalists generally act harmoniously and in concert, to fleece the people.”

Lincoln’s words are a stark reminder of the inherent inequalities that exist within capitalist societies. He understood that those in positions of power and wealth often work together to maintain their dominance and exploit the labor and resources of the working class. This collusion among capitalists can lead to monopolies, price-fixing, and other forms of economic manipulation that harm the average citizen.

Throughout his presidency, Lincoln fought against the injustices perpetuated by wealthy elites. He believed in the importance of a fair and equitable society where all individuals had the opportunity to succeed. Lincoln’s policies, such as the Emancipation Proclamation and the Homestead Act, aimed to level the playing field and provide greater opportunities for those who had been marginalized by the capitalist system.

Lincoln’s words about capitalists acting in concert to fleece the people are as relevant today as they were in his time. In the modern era, we continue to see the effects of corporate greed and exploitation on society. Income inequality is at an all-time high, with the wealthiest individuals and corporations amassing unprecedented levels of wealth while many struggle to make ends meet.

As we reflect on Lincoln’s words, we must consider how we can work towards a more just and equitable society. It is essential to hold those in power accountable and advocate for policies that prioritize the well-being of all individuals, not just the wealthy few. By following in Lincoln’s footsteps and standing up against the injustices of capitalism, we can create a more inclusive and prosperous society for all.