Plutocracy Now

Discussion in 'Politics' started by Chris, Feb 26, 2011.

  1. Chris
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    Chris Gold Member

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    Income inequality has grown dramatically since the mid-'70s—far more in the US than in most advanced countries—and the gap is only partly related to college grads outperforming high-school grads. Rather, the bulk of our growing inequality has been a product of skyrocketing incomes among the richest 1 percent and—even more dramatically—among the top 0.1 percent. It has, in other words, been CEOs and Wall Street traders at the very tippy-top who are hoovering up vast sums of money from everyone, even those who by ordinary standards are pretty well off.

    Second, American politicians don't care much about voters with moderate incomes. Princeton political scientist Larry Bartels studied the voting behavior of US senators in the early '90s and discovered that they respond far more to the desires of high-income groups than to anyone else. By itself, that's not a surprise. He also found that Republicans don't respond at all to the desires of voters with modest incomes. Maybe that's not a surprise, either. But this should be: Bartels found that Democratic senators don't respond to the desires of these voters, either. At all.

    It doesn't take a multivariate correlation to conclude that these two things are tightly related: If politicians care almost exclusively about the concerns of the rich, it makes sense that over the past decades they've enacted policies that have ended up benefiting the rich. And if you're not rich yourself, this is a problem. First and foremost, it's an economic problem because it's siphoned vast sums of money from the pockets of most Americans into those of the ultrawealthy. At the same time, relentless concentration of wealth and power among the rich is deeply corrosive in a democracy, and this makes it a profoundly political problem as well.

    Plutocracy Now: What Wisconsin Is Really About | Mother Jones
     
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  2. Truthmatters
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    They want our governmnet drown in the bathtub
     
  3. Chris
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    Chris Gold Member

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    [​IMG]
     
  4. Oddball
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  5. snjmom
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    snjmom VIP Member

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    Maybe it's a one note samba, maybe it's the seeds of revolution.
     
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  6. B. Kidd
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    B. Kidd Gold Member

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    Chris learned a new word: plutocracy. Can't wait to see how he twists its' meaning.
     
  7. Truthmatters
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    Its the seeds of power to the people that has awoken yet again.


    The real motives of the right are now very apperant to the average American.

    They are not going to like it or sit still for it.
     
  8. Wry Catcher
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    Wry Catcher Platinum Member

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    As I posted on another thread, that which the power elite of our nation fears the most, open rebellion which kills their golden goose, is seeded and nurtured in the policies of the fringe conservatives, the element which has taken over the GOP. It is also likely that too many elected Democrats put personal advantage first and those they are in office to represent a third or fourth consideration.

    The 14 Senators who have left Wisconsin maybe the great exception; maybe the first to say, "No" and may change that deadly course fixed by Citizens United v. FEC, which if left unchecked will kill any pretense that we are a true Republic. Today we are not a Republic, we have become a hybrid where the wealthy control the oligarchy who makes our laws, and the Justices who refine our laws. No finer example exists than the recent exposure of the true motives of the Wisconsin Governor, expressed in comments to someone he believed was billionaire David Koch.
     
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  9. B. Kidd
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    The 'right' has no corner on plutocracy. Plutocracy conquers and controls ALL political persuasions.
    Obama is living proof of this!
     
  10. Truthmatters
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    The US like Egypt will never see the military fire on its own people.


    The people who are trying to distroy this countrys government and the power of the people will be sorely dissapointed in the results of their push.
     

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