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Home » Flame

Business Insider - "15 Mind-Blowing Facts About Wealth And Inequality In America" April 13, 2012 1:10 am bowser

http://www.businessinsider.com/15-charts-about-wealth-and-inequality-in-america-2010-4#now-read-16

Googling “rich get richer” yields a plethora of graphs and sources, I have cited only one.  But that’s not the point.

Extrapolating these numbers shows the US middle class disappearing, the remaining wealth concentrated in the hands of a very few wealthy folks, with the inevitable collapse of the economy and country.  Which would be exactly as Marx and Engels predicted.

I doubt most of those who advocate a plutocracy prefer this form of government and economy.   I know TB does, and he’s extreme.  I’m sure the majority of conservatives would not choose that if they had a choice.  I’m curious to know what realistic dynamic is in the works which could prevent a plutocracy.

(There certainly are other stressors on our society.  The rising numbers in the underclass, the financial weaknesses caused by the dwindling middle class, the wasted billions of military expenses, the ever-increasing role of drugs on the people and the culture, and more.  And I don’t see anything working to restore a balance.)

(There might be a way.  The US could divert it’s energies away from military expenditures and many welfare programs into medical care.  The educational system could become geared toward medical careers and social programs could be dependent upon participation in educational or social programs.  It would require determination and cooperation.   This is an imperfectly developed idea, but certainly one deserving of consideration.  It is used only as an illustration, and not the subject of this post.)

  • My first thought about the disappearance of the middle class is outsourcing of jobs. Shit isn't something like 42,000 factories that ... by Jody 2012-04-13 17:55:49
    • What JimH said. (A commenter to the article Bowser linked to) by ER 2012-04-13 09:09:22
      • Comments are closed now. Too bad. by TB 2012-04-13 09:50:30
        • I would suggest you aim your rebuttals at the devastating facts and statistics in Bowser's original post instead of squandering ... by ER 2012-04-13 10:21:43
          • What, refute the numbers, methodology, sources, or premises? by TB 2012-04-13 11:13:37
            • I think you're starting to catch on. by ER 2012-04-13 11:25:41
              • Did you care to address any of the points I made? by TB 2012-04-13 11:27:09
                • TB, this is about the point I made. You really aren't involved in this. You unabashedly advocate a ... by bowser 2012-04-13 11:50:22
                  • Did you care to address any of Bowser's? by ER 2012-04-13 11:37:26
                    • We really can't expect that. As I said, he supports the idea of a plutocracy, and I was asking ... by bowser 2012-04-13 13:20:25
                      • Oh for cryin outloud Bowser...I will answer your Flame the way I see fit...when I have the time. It won't be ... by Jody 2012-04-13 15:26:56
                        • You don't need to be religious, and you don't need to be black to love gospel music. by ER 2012-04-13 13:35:43
                          • Always liked that song, and it just isn't done well by whites. by bowser 2012-04-13 13:44:15
                        • After the past few days, you need yet another demonstration? There's nobody home. by TB 2012-04-13 11:44:00
                          • I'll let Bowser argue his own case. My comment on his post is below. by ER 2012-04-13 11:48:40
            • In any highly complex system, like a national economy, all sorts of unexpected or emergent behaviors may arise. Some ... by ER 2012-04-13 05:47:06

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