Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else (Full Session)
There has always been some gap between rich and poor in this country, but in the last few decades, what it means to be rich has changed dramatically. Alarmin...
Comments
Bryan Lightningrodsays
well if the 99% don’t show up to work for a while, or especially stop
working at corporations and stop buying from them, the 1% really will not
have much at all because their wealth is primarily denominated in stock
prices, which would deteriorate.
“The government should give money to Bill Gates for what he has done to
society”
I completely agree, without him people right now would all be running
secure Linux installations instead of backdoor-ridden Windows 8, and it
would cost way more for them to spy on us. In a way he’s saving the
government a lot of money, and they should be grateful for that. Same thing
with Apple.
in reference to just the US there is more than enough intelligence and
wealth to turn this country into a year round garden of eden. but we dont
want that. we want shit. power wealth fame false sense of purpose
importance esteem we want to be coveted ect. we want to dress up monkey
lady jezebel to look like something desirable. i would say the amish have a
pretty good thing going. what is the satisfactory rate? hardly any leave
there communities. im sure there are some who are unsatisfied but do not
leave. however im sure that number is very low. if you think you are
healthier than an amish person male or female i will gladly take you up on
that bet. point is there is no happy balance wealth system.
for someone who studies culture societies and their economies how would she
possibly think that income inequality would have improved coming out of a
recession? isnt it common sense that the exact opposite would and does
occur? there are multiply reasons why but the main reason-barring
legislation that favors those who have wealth-is that wealth wields more
leverage when everything around it is in a weakened state.
How do you get rich? You start up a business. You pay your employees
slave wages. You automate and outsource your employees’ jobs. You bribe
officials and politicians. You break the law. You bribe the judges. You
lie, cheat and steal every single day. And that’s how you get rich.
The richest 1%, or 10% for have become richer was because the crash scared
them like a lot of other people, but the had and used their power and
leverage to control their overall outcome. Then did whatever it took to
hoard more money than before. That is why more companies are sitting on a
greater amount of cash than ever before, while not hiring or raising wages.
That is also why some companies have been the most profitable than they
have ever been.
But at some point, you have to think it is unsustainable, as they
eventually need customers with money to spend. That will only happen if
more workers are paid more, which means the richest will have to take
paycuts. But being less rich shouldn’t be an issue, as much of the money
will come back from the new customers with money to spend. But there seems
to be a lot of resistance to such and economic model, of paying more and
getting it back.
Is this a return to the feudal system, where the aristocracy is a
meritocracy, and the serfs paid mediocre wages due to lack of opportunity
and/or discrimination? It sounds like the New Feudalism… Funny thing is,
there are plenty of people who get into the top investment banks and do
well, only to leave for a better life balance though lower pay.
George Orwell categorized the world as follows: 20% of the world
population are stupefied by poverty. 65% are the mindless proletariat
easily distracted by media entertainment. 10% are socially aware and class
conscious but totally without power. That leaves the 5% who are the
wealthy and powerful elite. The plutocrats have won, they will rule for a
thousand years, and they know it.
There is everything wrong with the rich woking hard to get rich. They work
hard to play slave wages to their employees, destroy jobs by mechanization,
automation, computerization, robotization. They work hard to bribe slimy
politicians. They work hard to loot third world countries. They work hard
to trade drugs and weapons. They work hard to assasinate politicians.
Hard work, indeed.
Slave wages, unemployment, recessions, depressions, wars, poverty,
starvation, malnutrition, disease, 15,000 children who die every day
worldwide, job destruction, wage stagnation, injustice, tyranny. All
brought to you, since at least 1800, courtesy of the money-monster
plutocrats.
I’m not a Socialist, nor am I a “Robin Hood”, but… If a Nation has even
ONE Billionaire and even ONE child in that Nation goes hungry, then
something is horribly wrong in that Nation…
Think of a Nation like a Family. If you had a Family, and the Father ate
an entire fowl, and a 1/2 pound of fried potatoes and two pints of Ale for
dinner and the smallest, sickliest child went to bed hungry, with one dry
biscuit and a small glass of water for his dinner, wouldn’t we charge the
well sated Father with Abuse and Misuse of his station in Life?? Our
“Family” is highly dysfunctional.
When you live in a ‘Dog Eat Dog’ society let us not forget the Dogs that
were ‘eaten’…
‘There is a Chinese proverb that if one man lives in laziness another will
die of hunger; and Montesquieu has said, “The fact that many men are
occupied in making clothes for one individual is the cause of there being
many people without clothes.” So one explains the other.’
well if the 99% don’t show up to work for a while, or especially stop
working at corporations and stop buying from them, the 1% really will not
have much at all because their wealth is primarily denominated in stock
prices, which would deteriorate.
“The government should give money to Bill Gates for what he has done to
society”
I completely agree, without him people right now would all be running
secure Linux installations instead of backdoor-ridden Windows 8, and it
would cost way more for them to spy on us. In a way he’s saving the
government a lot of money, and they should be grateful for that. Same thing
with Apple.
This talk is an insult to all hard-working people ripped off by the
corporate plutocracy.
Do the CEOs who get (not make!) 400x the income of an average worker
produce 400x the value in their work? Somehow I doubt it…
She herself is one of those at the very top-top1%
in reference to just the US there is more than enough intelligence and
wealth to turn this country into a year round garden of eden. but we dont
want that. we want shit. power wealth fame false sense of purpose
importance esteem we want to be coveted ect. we want to dress up monkey
lady jezebel to look like something desirable. i would say the amish have a
pretty good thing going. what is the satisfactory rate? hardly any leave
there communities. im sure there are some who are unsatisfied but do not
leave. however im sure that number is very low. if you think you are
healthier than an amish person male or female i will gladly take you up on
that bet. point is there is no happy balance wealth system.
for someone who studies culture societies and their economies how would she
possibly think that income inequality would have improved coming out of a
recession? isnt it common sense that the exact opposite would and does
occur? there are multiply reasons why but the main reason-barring
legislation that favors those who have wealth-is that wealth wields more
leverage when everything around it is in a weakened state.
This woman is just a propocateur…
How do you get rich? You start up a business. You pay your employees
slave wages. You automate and outsource your employees’ jobs. You bribe
officials and politicians. You break the law. You bribe the judges. You
lie, cheat and steal every single day. And that’s how you get rich.
The richest 1%, or 10% for have become richer was because the crash scared
them like a lot of other people, but the had and used their power and
leverage to control their overall outcome. Then did whatever it took to
hoard more money than before. That is why more companies are sitting on a
greater amount of cash than ever before, while not hiring or raising wages.
That is also why some companies have been the most profitable than they
have ever been.
But at some point, you have to think it is unsustainable, as they
eventually need customers with money to spend. That will only happen if
more workers are paid more, which means the richest will have to take
paycuts. But being less rich shouldn’t be an issue, as much of the money
will come back from the new customers with money to spend. But there seems
to be a lot of resistance to such and economic model, of paying more and
getting it back.
Great Video!
Is this a return to the feudal system, where the aristocracy is a
meritocracy, and the serfs paid mediocre wages due to lack of opportunity
and/or discrimination? It sounds like the New Feudalism… Funny thing is,
there are plenty of people who get into the top investment banks and do
well, only to leave for a better life balance though lower pay.
George Orwell categorized the world as follows: 20% of the world
population are stupefied by poverty. 65% are the mindless proletariat
easily distracted by media entertainment. 10% are socially aware and class
conscious but totally without power. That leaves the 5% who are the
wealthy and powerful elite. The plutocrats have won, they will rule for a
thousand years, and they know it.
There is everything wrong with the rich woking hard to get rich. They work
hard to play slave wages to their employees, destroy jobs by mechanization,
automation, computerization, robotization. They work hard to bribe slimy
politicians. They work hard to loot third world countries. They work hard
to trade drugs and weapons. They work hard to assasinate politicians.
Hard work, indeed.
Slave wages, unemployment, recessions, depressions, wars, poverty,
starvation, malnutrition, disease, 15,000 children who die every day
worldwide, job destruction, wage stagnation, injustice, tyranny. All
brought to you, since at least 1800, courtesy of the money-monster
plutocrats.
Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone
Else (Full Session)
The Rich pay 70% right now.
I’m not a Socialist, nor am I a “Robin Hood”, but… If a Nation has even
ONE Billionaire and even ONE child in that Nation goes hungry, then
something is horribly wrong in that Nation…
We’re losing to Canada? Now the world is over! There is no reason to
live. Or learn French, grab you overcoat and head north…… way north!
Think of a Nation like a Family. If you had a Family, and the Father ate
an entire fowl, and a 1/2 pound of fried potatoes and two pints of Ale for
dinner and the smallest, sickliest child went to bed hungry, with one dry
biscuit and a small glass of water for his dinner, wouldn’t we charge the
well sated Father with Abuse and Misuse of his station in Life?? Our
“Family” is highly dysfunctional.
When you live in a ‘Dog Eat Dog’ society let us not forget the Dogs that
were ‘eaten’…
‘There is a Chinese proverb that if one man lives in laziness another will
die of hunger; and Montesquieu has said, “The fact that many men are
occupied in making clothes for one individual is the cause of there being
many people without clothes.” So one explains the other.’
From “People of the Abyss” by Jack London (1902)