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How do we eliminate the paradox of poverty & privation amid plenty & abundance?

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Author Topic: How do we eliminate the paradox of poverty & privation amid plenty & abundance?  (Read 8486 times)
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« on: October 07, 2010, 03:02:38 pm »

As a society, we have lived far, far beyond our means for decades.  Now the bills are coming due...

Whether the author of the above article realizes it or not, the notion that the current economic collapse is merely the consequence of "bills coming due" for having lived "far beyond our means" is simply a way of shifting blame from where it belongs -- on the financial terrorists who engineered this collapse in the first place -- to where it does not belong -- on the lower- and middle-class victims of the collapse.

Contrary to what those who've fallen prey to Malthusian propaganda would have everyone believe, the problem is not that "we" have been "living" beyond our means, but that ruling-class oligarchs have been parasitizing us beyond our means.
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"For the first years of [Ludwig von] Mises’s life in the United States...he was almost totally dependent on annual research grants from the Rockefeller Foundation.” -- Richard M. Ebeling

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