It’s not a million things going wrong in our economy, it’s only one – and it’s a pretty basic one. A small handful of people are hoarding all the resources and money for themselves. If we can prevent them from behaving so selfishly with our resources and redistribute their unimaginably large stashes of wealth (primarily in non-taxable offshore accounts) back into our economy, things would improve immeasurably…
You may have noticed, some of your money is gone… and going. You may have noticed falling wages, job layoffs, costly foreign wars, the mortgage crisis and bank bailout, ever-rising prices. But have you seen the connection? Chances are, you don’t know a tenth of what is going on. In this piece, I will provide a number of insights and links to further readings. You may want to fasten your seatbelt.
Long, but well worth watching (or read my short commentary below if you are short on time):
(Note: if the video linked above gets deleted, you may search the Internet for the title: “The Gap Between Rich and Poor is Only Getting Wider”)
When, at a market, the pockets of everyone are picked, and a furtive figure sneaks off with his pockets flowing over with loot, what is the natural conclusion about where the vanished goods went?
Here is a reminder for the establishment: We, the common muck, the unwashed masses, as they seem to regard us from their high seats of money-based aristocracy, in other words, we the people, were born as definitely into this world as they were, and their efforts to deny us our due part of this world is heinous beyond all justification, no matter what establishment narrative they use. We have every right to fight back. It’s high time we do.
Poverty, of course. The UK chose to follow its daughter country’s trickle down theory and deregulate its economy. The result (unsurprisingly to me who has watched the decline of the U.S.) was economic mayhem: the rich get much richer, the poor too poor, and suicides by jumping from balconies have become a plague.
At least Britain has universal healthcare. In the U.S., we don’t even have that. How much longer will anybody but the rich cling on to the insane trickle down theory which has so thoroughly proven itself wrong? All you get, when there is no police, is the bandits taking over. The same happens when government stops enforcing some basic rules of economic decency.
(Note: if the video linked above gets deleted, you may search the Internet for the title: “Why are the UK’s poor getting poorer?”)
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When you lose most of your possessions, you also lose most of your identity:
(Note: if the video linked above gets deleted, you may search the Internet for the title: “The Financial Crisis Is Forcing America To Redefine Its Values”)
An excellent article giving a quick insight into (one aspect of) the entirely parasitic modern form of financialized and casino capitalism that’s all about playing the markets and our vile banksters leeching off of working people and productive companies until life becomes so expensive we can’t afford it anymore.
In this article, you will also become a bit more familiar with Trump’s good friend, Goldman Sachs (from which so many of his appointees come).
Here is the link: Parasite Capitalism: The Economic Model of the 21st Century
Most Americans (and many others around the world) are sick and tired of an economy which keeps them struggling and sinking ever lower. When we talk about it, various components of it come up: jobs lost to global outsourcing and technological displacement; stagnating or declining wages; lack of job security; an almost non-existing social safety net; unaffordable and ever rising costs of healthcare, education, and housing; neocon and neoliberal business deregulation and repeal of social reform; etc.; etc. It is difficult to unite under so many problem topics or their various potential solutions. So, I squeezed a small bit of time out of what little is left at the end of my daily pointless drudgery (my day job treadmill) and thought up a single term which may express our shared wish:
This might well sum up our common goal. … Now… Naturally… on our painfully overpopulated planet where our seven billion and counting fellow human beings make it practically impossible to be original, it would be a miracle if this term hadn’t been used before. So, I googled it and… you can imagine the rest. (Actually, some sources may be centuries old. I may have excavated an old term, indeed.)
Anyway, I don’t recall hearing or reading this term in our contemporary progressive political speeches and writings. I think it might make for a good buzz word to adopt, even if others may more recently have used it for much smaller visions than the one we currently need to build up.
So, in the words of Star Trek’s Vulcans, I conclude by telling you: Live long and prosper! 🙂
As always, please comment below. Your comments make a difference.