The current behavior of the Democratic Party and its allies in media and academia reminds me of the 1991 movie Other People’s Money. The main character, known as Larry the Liquidator, specializes in acquiring companies for the purpose of selling off their assets. When the film opens, his new target is a struggling company called New England Wire & Cable Company. Larry calls on the CEO (Jorgy) and says that by his calculations, the company would be better off from a shareholder standpoint (and hence from the CEO’s standpoint) being broken up and sold off in pieces. Jorgy,emotionally connected to his family-founded company and conscious of his position as the town’s leading employer, is appalled at the very idea and refuses to give in.
Nevertheless, Larry prevails in the resulting proxy fight, and the company falls into his hands. But there is a deus ex machina…Kate, the beautiful lawyer who has been hired to defend the company, identifies a major new market for the company’s products: the stainless steel wire cloth required for automotive airbags. (And, of course, Larry (Danny DeVito) has fallen head-over-heels in love with Kate (Penelope Ann Miller)
The Dems and their allies appear to care about the long-term existence of the US and the welfare of its people as little as Larry the Liquidator cares about the continued existence of New England Wire and Cable and its employees and customers. They will happily sell it off to miscellaneous parties…various ethnic and gender groups and pressure groups…promising those groups an appreciation in their ‘stock’, in the form of government goodies or at least self-esteem and the pleasures of righteous anger. And regardless of whether those promises are actually fulfilled, the Dems and their allies will, like Larry, collect their substantial fee.
And, in fairness to Larry, there are indeed cases whether spinoffs, breakup, or outright liquidation is the best thing for a company, sometimes the only thing. (That would likely have eventually turned out to have been the case with New England Wire & Cable absent Kate’s highly-improbably ‘invention’…it seems clear that Jorgy was not managing the company well in the existing circumstances…if he had been, he would have uncovered the wire-cloth opportunity himself..and was unlikely to change his ways.) But breaking up a company is a very different thing from fragmenting a company and a society. And, while Larry has had no prior involvement with NEWC, the Dems and their allies have mostly lived here all their lives and benefitted greatly from doing so.