This Forum is Closed
December 12, 2019, 02:58:06 pm
Welcome, Guest. Please login or register.

Login with username, password and session length
News: GGF now has a permanent home: http://forum.globalgulag.com
 
  Home Help Search Links Staff List Login Register  

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

Pages: 1 [2] 3   Go Down
  Print  
Author Topic: How do we eliminate the paradox of poverty & privation amid plenty & abundance?  (Read 6486 times)
Geolibertarian
Global Moderator
Sr. Member
******
Offline Offline

Posts: 455


9/11 WAS AN INSIDE JOB! www.ae911truth.org


View Profile
« Reply #40 on: August 22, 2011, 11:31:34 am »

http://www.prisonplanet.com/will-the-banksters-and-the-corpocracy-eventually-own-it-all-29-statistics-about-extreme-income-inequality-in-america-that-will-blow-your-mind.html

Will The Banksters And The Corpocracy Eventually Own It All? 29 Statistics About Extreme Income Inequality In America That Will Blow Your Mind

The Economic Collapse
June 6, 2011

Today, average Americans have less power relative to the monolithic corporate and governmental institutions that dominate our society than at any other point in U.S. history.  Sadly, this is not what our founding fathers ever envisioned.  Our founding fathers established a government “of the people, by the people, for the people”, but what we have today is very far from that ideal.  In America today, wealth and power are very highly concentrated, and if you have neither wealth nor power than most of our politicians really do not have any interest in you.  Over the past several decades, those with huge amounts of money and power have been busy rigging the game so that the rest of the money and power slowly but surely funnels into their hands.  If current trends continue, the banksters and the corpocracy will eventually own it all.  Below you will find 29 statistics about extreme income inequality in America.  Sadly, most of these statistics will be out of date in a year or two because wealth and power will be much more concentrated by that time.

If you are a “Kool-Aid drinking Democrat” you are going to be really upset by this article.  If you are a “Kool-Aid drinking Republican” you are going to be really upset by this article.

Most Republicans have been brainwashed into believing that “capitalism” means cheerleading while the big corporations hoover up money and power.

Most Democrats have no trouble with big corporations either because most establishment Democrats have been brainwashed into believing that large concentrations of power (whether governmental or corporate) are generally good.  Most Democrats just wish that big corporations were a little less greedy and were a little more “socially responsible”.

Today, the big banks, the big corporations and the federal government are all in bed with one another and it is average Americans that always lose out.

Our founding fathers tried to warn us about large concentrations of power.  They attempted to establish a very limited central government, they wanted to keep us free from the tyranny of the big banks and they were very suspicious of large corporations.

In a 2010 article, Rick Ungar noted that corporations were very seriously restricted in the early days of America….

    After the nation’s founding, corporations were, as they are today, the result of charters granted by the state. However, unlike today, they were limited in how long they were permitted to exist (typically 20 or 30 years), only permitted to deal in one commodity, they could not own shares in other corporations, and their property holdings were expressly limited to what they needed to accomplish their corporate business goals.

My how things have changed.

“Capitalism” is supposed to be about the empowerment of individuals and families and small businesses.

Instead, today “capitalism” has come to mean something completely different. Today, the biggest, meanest concentrations of wealth devour everyone else with a big assist from the government.

At this point, average Americans mean next to nothing in the political process. This point was eloquently made in a recent column by Robert Reich….

    The unemployed are politically invisible. They don’t make major campaign donations. They don’t lobby Congress. There’s no National Association of Unemployed People.

    Their ranks are filled with women who had been public employees, single mothers, minorities, young people trying to enter the labor force, and middle-aged men who have been out of work for longer than six months. You couldn’t find a collection of people with less political clout.

I would not normally quote Robert Reich, but he made a good point. If you don’t have an army of lobbyists or any money to give to them then most of our politicians don’t really care what you think or how much you are hurting.

Just think about the amount of power and money that Exxon Mobil or Wal-Mart has compared to the amount of power and money that an average American has.

Our society has veered very far from the egalitarian ideal that our founding fathers once hoped for.

The corporate giants are so powerful that it is next to impossible for small businesses to directly compete with them.

Just try it some time.

Many banks and corporations have become so big that the world literally cannot afford for them to fail.

For example, three U.S. corporations control approximately 90% of the world’s grain trade.

So what happens if those three corporations collapse?

That is something to think about.

But of course average Americans are never “too big to fail”. The big banks begged and begged for bailouts, but if you are late on your debt payments they will chuck you into prison.

Also, when wealth and power are so highly concentrated, economic rewards flow only to a few. Corporatism (as opposed to true capitalism) produces a handful of winners and a whole lot of losers.

As I have written about previously, the middle class is being destroyed. If current trends are allowed to continue long enough we eventually won’t have much of a middle class left at all.

The following are 29 statistics about extreme income inequality in America that will blow your mind….

[Continued...]
« Last Edit: August 22, 2011, 12:12:57 pm by Geolibertarian » Report Spam   Logged

"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

http://forum.prisonplanet.com/index.php?topic=162212.0
Pages: 1 [2] 3   Go Up
  Print  
 
Jump to:  

Powered by EzPortal
Bookmark this site! | Upgrade This Forum
Free SMF Hosting - Create your own Forum

Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy
Page created in 0.121 seconds with 15 queries.