Saturday, May 16, 2015

Super Rich stealing money from the elderly, middle class and handicapped to fund their 5th mansion and bigger private airplane.

http://egbertowillies.com/2015/02/02/enslaved-by-wealthy-economic-system/

Americans are used to being told how to think and what to think. Freedom of choice is cherished yet never really demanded. Americans have allowed the real dependent class, the wealthy, license to enslave.
Those opposed to a true egalitarian society where government, ’we the people’ play a prominent role in deciding what is best for us all claim that government should not pick winners and losers. They claim the ‘free market’ is the best arbiter of the most efficient distribution of capital.
What does that even mean? Potholes, medical needs, alimentary needs, shelter needs, and clothing needs exist irrespective of economic system. If these needs cannot be satisfied within the confines of the economic system it means the economic system is flawed.
The economic system is manmade. Needs for the most part are not. As such it is the economic system that must adapt to a society and not the other way around. Those that practice unfettered capitalism are no different than the ideological clergy who attempt to fit their ancient scripture driven ideologies into today’s realities. The authors of those scriptures likely neither had the tools nor the mental maturity to extrapolate into the future that is now today. But just like many have blind faith and believe in the absoluteness of ancient scriptures, so do those that believe in unfettered capitalism.
It is all about the effectiveness of the tools. No amount of prayer will change the outcome of one who has Lou Gehrig’s disease. No amount of bloviating will change the mathematical certainty that unfettered capitalism destroys the middle-class and provides no pathway for the poor in the aggregate. The mathematics required to illustrate that fact is simple. The narrative necessary to maintain the status quo creates a complexity that gives plausibility to fallacies.
Here are some common sense realities. The income and wealth of the rich are growing at a faster rate than the economy at large. That means income and wealth must be skimmed from the masses to satisfy that growth. That is exactly what has happened. The manifestation of this is lower wages, outsourced jobs to less expensive job markets, followed by the re-importation of jobs at a reduced wage.
How was this accomplished without notice? Economist/Professor Richard Wolff’s Capitalism Hits the Fan lays it out perfectly. He showed how Americans were enslaved by the semblance of prosperity pre 2008 Great Recession.



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