How Wealth Inequality Spiraled Out of Control

My point isn't rocket science.

 

I'll file that in the utopian fantasy file.

 

How do you think Japan is as it is?

How do you think Scandinavian countries were (until recently), so harmonious and peaceful and well run?

Do you think these things happen by magic - or some Govt edict? Since none are totalitarian, maybe you do attribute it to magic?

 

Your reply is too vague for me to respond to.

 

Simple Simon met a Pie Mon ... Going to the Fair.. We want business to exist -- but not "any" business .. we don't want monopolies .. nor Oligopolies .. driving citizens into indentured servitude.

Said simple Simon to the Pie Mon .. Let me see your wares. "We all want Businesses to exist" .. Brilliant deduction ! how can one top that .. let me see .. "We all want rolex to make watches" .. how's that one for a zinger ..

What we don't want .. is to have to pay 95% of one's wages for food and a bed.

 

For political purposes, the left put forward the myth that the rich get richer and the poor get poorer, which just flat out isn't true. Generally speaking, overall, EVERYBODY gets richer. The rich get richer and the poor get richer too. The poor of today have it much better than the poor of 10, 20, 50, 100, and more years ago. Just because the rich get richer at a faster rate than the poor doesn't mean the poor are getting poorer, as the left would have you believe. This is not about your next door neighbor, which is a jealousy factor. This is about YOU. If the poor are always doing better it doesn't really matter what happens to anyone else.

 

Sure you're not a Democrat running a false flag operation? The party of slavery, the KKK, Jim Crow, and Segregation is known for framing opponents. Your ilk is also known for turning away the MS St. Louis, killing 555 Jews. That's nothing compared to FDR and Breckenridge Long conspiring to deny European Jews asylum so the Nazis could murder them. My great grandparents, great uncle and great aunt were murdered because of you Democrats.

 

Civil and mutual obligated societies exist, so it's not Utopian.

 

1) And yet you keep funding them. Unless you've somehow managed to restrict ALL your purchases to small local businesses. Have you? If not, then you're part of the problem. You can be as angry as you like about the existence of these 'monopolies', but you're the one insisting that they exist.

2) So don't. Who is forcing you to pay that? I certainly don't. I was never rich enough to live like that.

 

At least we can say we are not divided nation - Republicans and Democrats together support our wealthy elites.

 

It's a distinction without much significance owing to the fed reserve wealth distribution tables, reveal that the gap is widening over time.

 

BWAHA - This is your point ? the one you have been struggling to get out for so long - as if we didn't know it was coming .. the big Flatuoso sorry .. meant Virtuoso .

"Just Go Buy Somewhere else" - thats the big whopper you been holding in . and for the first tome question the existence of Monopolies/Oligopolies ..

That about it mate ? sum up your argument ? Just go by somewhere else .. Oligopolies / Corporatism - don't exist anyway

Just want to clarify your position before enlightenment.

 

So why do you keep blaming The System? Is it to avoid having to make hard choices yourself?

 

That about it mate ? sum up your argument ? Just go by somewhere else .. Oligopolies / Corporatism - don't exist anyway

Just want to clarify your position before enlightenment.

Did you not understand the question mate ? .. is the above your position or not ? Do I need to fetch the Dentist ?

 

Actually I asked you a question. Need me to ask it again?

If you hate the oligollypolies, why do you keep funding them?

 

Nope, no false flag op here. You must (at the end) be referring to the Democrat Socialists of Germany...commonly referred to as NAZIS.

In case you missed it, the party of the KKK is also the preferred party of the Jews. Go figure...it's quite ironic.

Now back to Robert and Bernie.....both are scum Bolsheviks just renamed. Over and out.

 

So? The poorer get richer all the time. That's a fact Jack. What happens to anyone else is irrelevant. That is what is called jealousy.

 

I agree with Robert Reich but it's too late, we are doomed.
Our elites with the help of media converted our citizens to gullible trolls. The right is convinced that rising taxes on rich, Medicare or free high education is socialism/communism which will destroy America and the left convinced the other half that everything they are doing is great.
And the media is never searching for truth, just repeats elite messages. All media supported attacking Iraq and recently media celebrated when Biden announced funds to support independent journalism and reporters targeted for their work, when in the same time Britain's Court of Appeal ruled that independent journalist Julian Assange can be extradited to the US to face charges with violating the Espionage Act of 1917. Nobody saw any contradiction.
I hope I am wrong, but it looks that in 2022 Democrats will lose majority and in 2024 Trump will win elections.

 

"Wealth disparity" or "wealthpy inequality" can't be explained by throwing around nebulous labels such as "neoliberalism" or "libertarianism". It is not the result of an ideology or "**isms".
The way wealth is built and accumulated is simple; but not necessarily easy. One gains skills, knowledge and experience and offers his services to other in exchange for something of value. That may be as simple as keeping a space clean or as complex as brain surgery. What each can ask for in return hinges on the availability of individuals that offer the services. So a career floor sweeper isn't like to accumulate as much as a brain surgeon. Similarly other may choose to develop and sell goods and services; IF they're successful they may grow their business into large corporations and accumulate massive amounts of wages; or they may fail.
Some folks neither have the capability of becoming a doctor or working for years to start a business. They gather whatever skills they can, or choose to, and earn a living that way. Some portion of those may work their way up buy learning new skills; others may be satisfied watching "The Bachelor" and swilling Budweiser.
So, there's no surprise that people's wealth defines a wide spectrum.

The question is "What WOULD DEFINE wealth equality" ?

 

You have asked the same silly question numerous times .. answered numerous times.. You were asked to clarify your position ..
Just go by somewhere else .. Oligopolies / Corporatism - don't exist anyway

Since this seems to much for you we will just assume this is your position .. as it mirrors your nonsense question .. showing you have no clue what an Oligopoly is.

Unless you stop buying stuff .. there is no way to avoid purchasing from the Oligopoly .. and even if one tried to do such a moronic thing - it would not make a difference as few other people are that moronic .. to think they can live without buying anything.

 

Corporate tax revenues are hitting record highs. Nearly 50% of earners pay no federal income tax while high earners pay a far higher percent of the total tax. Tell me again how the system "impoverishes" the working class. Oh, I forget to mention median household income also set record.

 

Well I mean, plenty of us have made a lifetime commitment to avoiding the funding of these corps as far as possible, because we don't agree with monopoly and suchforth. But then we practice what we preach, so you know ... there's that difference.

Meantime, I guarantee that I've given the megacorps about a tenth of what the average peer (same age, income, and location) has. No condemnation of those peers for that choice - I have full respect when they own it, and aren't simultaneously whining about how terrible the megacorps are.

 

Maybe your opinion of what's in their best interest does coincide with what THEY see as their best interests.

 

Exactly what we have. Equal access to the structures which allow us to work towards wealth, and the freedom to do it in whichever way we see fit.

What would NOT be equal, is a society which compels half of us to acquire financial security the hard way, then work extra hard to carry the weight of the half who think that kind of effort is beneath them. That would be more like an 18thC aristocracy.

 

See, the error you make is assume the people who comprise the "Top 1% and Bottom 50%" remain the same throughout the span of your graph. Not so. May of the "top 1%" have retired or died or both where as many of the bottle 50%ers have graduated college or gained skills and knowledge and moved up the wage scale (maybe not all the way to top 1% but some did".