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Archive for the ‘Equality’ Category

Cartoon: The populist menace

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2014 “Noam Chomsky”: Why you can not have a Capitalist Democracy!

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70% of Americans have no impact on government and are enslaved by Plutocrats who run our rigged system

The American Dream: you have to be asleep to believe it

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The Rise of American Cannibals

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The Economist  Nov 6th 2014

A NEW paper by Emmanuel Saez of the University of California, Berkeley, and Gabriel Zucman of the London School of Economics suggests that, in America at least, inequality in wealth is approaching record levels. The authors examine the share of total wealth held by the bottom 90% of families relative to those at the very top. In the late 1920s the bottom 90% held just 16% of America’s wealth—considerably less than that held by the top 0.1%, which controlled a quarter of total wealth just before the crash of 1929. From the beginning of the Depression until well after the end of the second world war, the middle class’s share of total wealth rose steadily, thanks to collapsing wealth among richer households, broader equity ownership, middle-class income growth and rising rates of home-ownership. From the early 1980s, however, these trends have reversed. The top 0.1% (consisting of 160,000 families worth $73m on average) hold 22% of America’s wealth, just shy of the 1929 peak—and almost the same share as the bottom 90% of the population.

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The age of rentier capitalism (we’re more exploited than ever!)

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     from the article: “….once economic liberalization [Neo-Liberalism] took off in the 1980s, the struggle was won decisively by capital, and labor’s share of total income has shrunk everywhere.”

   

Similarly, Neo-Libs and Neo-Cons have dominated politically, leaving little room for any who support social-democracy or justice. Power has consolidated against people.

 

How intellectual property makes us more unequal

Al Jazeera September 7, 2014 

 

It is well known that globalization has put strong downward pressure on wages and benefits of workers in wealthy countries, as companies have offshored and outsourced labor to lower-wage locations and justified wage cuts to try to stay competitive. But politicians and economists have yet to come to terms with the fact that in the rich world the income distribution system itself has broken down irretrievably.

The 20th century was the only century in which most income was divided between capital (profits) and labor (wages), with the struggle for shares mediated by the state through regulations, fiscal policy and a system of social protection. But once economic liberalization took off in the 1980s, the struggle was won decisively by capital, and labor’s share of total income has shrunk everywhere.

Meanwhile, rental income, linked to the control of natural resources, property, financial assets and intellectual property, has become a dominant force in the global economy.

This is the age of rentier capitalism; rich countries are becoming rentier economies. A rising share of global income is going to rent, rather than to wages or profits from productive activities. This perpetuates inequalities: It disproportionately favors the wealthy, and accentuates inequality over generations.  read more here

 

Am I Next? America’s Militarized Police Forces

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Demonstrators Aaron Little (R), Gianni Cook (C) and Troy Jones hold signs while protesting against the death of black teenager Michael Brown, outside St Louis County Circuit Clerk building in Clayton, Missouri August 12, 2014. Police said Brown, 18, was shot in a struggle with a gun in a police car but have not said why Brown was in the car. At least one shot was fired during the struggle and then the officer fired more shots before leaving the car, police said. But a witness to the shooting interviewed on local media has said that Brown had been putting his hands up to surrender when he was killed. The FBI has opened a civil rights investigation into the racially charged case and St. Louis County also is investigating.  REUTERS/Mario Anzuoni

Daily Kos         Demonstrators Aaron Little (R), Gianni Cook (C) and Troy Jones hold signs while protesting against the death of black teenager Michael Brown, outside St Louis County Circuit Clerk building in Clayton, Missouri August 12, 2014.

If the murder in Ferguson, Missouri was an isolated case, it would be tragic enough. But how many Fergusons dot this country of ours? Likely innumerable, and that is an unbearable thought.

One Nation Under SWAT

War Comes Home: The Excessive Militarization of American Policing
11 Eye-Opening Facts About America’s Militarized Police Forces
Police Militarization In Ferguson – Business Insider

Update:  8/17/14

Police Threaten To Shoot, Mace Reporters In Ferguson

Update x2:

Pentagon’s 1033 Program is Preparing for War Against the Civil Population
By Martin Armstrong
This was the design of the military to prepare for civil unrest because the government WILL default on social welfare and social security not to mention confiscating pensions.
 

The United States Of Cruelty

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By Charles P. Pierce,  June 24, 2014    Esquire

……We cheer for cruelty and say that we are asking for personal responsibility among those people who are not us, because the people who are not us do not deserve the same benefits of the political commonwealth that we have. In our politics, we have become masters of camouflage. We practice fiscal cruelty and call it an economy. We practice legal cruelty and call it justice. We practice environmental cruelty and call it opportunity. We practice vicarious cruelty and call it entertainment. We practice rhetorical cruelty and call it debate. We set the best instincts of ourselves in conflict with each other until they tear each other to ribbons, and until they are no longer our best instincts but something dark and bitter and corroborate with itself. And then it fights all the institutions that our best instincts once supported, all the elements of the political commonwealth that we once thought permanent, all the arguments that we once thought settled — until there is a terrible kind of moral self-destruction that touches those institutions and leaves them soft and fragile and, eventually, evanescent. We do all these things, cruelty running through them like hot blood, and we call it our politics…..

read full article here

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