CDZ 62 People Have More Wealth Amongst Them Than Half The Human Population

[Wyatt earp]

Makes sense. With great wealth comes great influence with politicians to pass laws to favor the wealthy to keep that wealth and grow it even more, and screw those who are hungry and starving. Of course, by the third post came the typical 'Soros' accusations by the outrageously stupid, and it went south from there with conservapubs tripping over themselves trying to defend this outrageous imbalance of wealth.

I understand from people like The Toddster and his fellow Know Nothings that the whole problem is the poor just don't want to work cheap enough, and that people who buy their bennies from pols are just more 'Productive N Stuff'. Apparently wages around the world need to be set by the lowest wages, something like 10 cents an hour, or free is even better, because just the privilege alone of having a job is something workers should actually be paying employers, not the other way around. If the poor would only work for a lot less, and save lots of capital form nothing wages, they will be rich themselves in no time. All they have to do is go without food, shelter, water, sanitation, all that unnecessary stuff.

Well do your part and stop buying cheap stuff from Walmart.


.

 

[Picaro]

Richest 1% now owns half the world's wealth

Actually it takes 1% of the population to hold half the world's wealth. Unless the world only has 6,200 people in it you are sadly poor at math, lying and easily misled.

Actually it takes 1% of the population to hold half the world's wealth.

62 People Have More Wealth Amongst Them Than Half The Human Population

There is no conflict between those statements.
The bottom half don't have very much wealth.

Meanwhile, the wealth of the richest 62 has increased by more than half a trillion dollars to $1.76tr.

The poorest 3.7 billion have $1.76 trillion in wealth, about $475 each.
Total world wealth is $280 trillion.
The top 74 million people own over $140 trillion, averages about $1.9 million each.

Boring regurgitation of hackish talking points. I have $647 in my wallet. Does that make me wealthier than 4 billion people? When I take $600 of that money and pay the tree guy tomorrow will that make me poorer than 3.7 billion people?

These are illusions created by a variant of cost push inflation as to stocks. At any given time, there is a finite number of stocks available, yet every month more and more new money gets put into the markets due to 401K/IRA's. This inflates the cost of the stocks which inflates the apparent wealth of stockholders, particularly the top brackets. However, if the top brackets tried to liquidate their stocks, their value would plummet because supply would exceed demand.

Much of the world's wealth is an illusion.

Ah ... well then, no reason for right wingers to be complaining about minimum wage laws then is there? Or taxes.

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.

Left wingers don't claim 'wealth is an illusion', so yes they do get to defend one. And no one need worry if they're paying taxes in 'imaginary money'. The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all, we can have cheap interest rates and print lots of money without any inflationary effects; that's a result of wealth concentration, too.

 

[Toddsterpatriot]

Actually it takes 1% of the population to hold half the world's wealth.

62 People Have More Wealth Amongst Them Than Half The Human Population

There is no conflict between those statements.
The bottom half don't have very much wealth.

Meanwhile, the wealth of the richest 62 has increased by more than half a trillion dollars to $1.76tr.

The poorest 3.7 billion have $1.76 trillion in wealth, about $475 each.
Total world wealth is $280 trillion.
The top 74 million people own over $140 trillion, averages about $1.9 million each.

Boring regurgitation of hackish talking points. I have $647 in my wallet. Does that make me wealthier than 4 billion people? When I take $600 of that money and pay the tree guy tomorrow will that make me poorer than 3.7 billion people?

These are illusions created by a variant of cost push inflation as to stocks. At any given time, there is a finite number of stocks available, yet every month more and more new money gets put into the markets due to 401K/IRA's. This inflates the cost of the stocks which inflates the apparent wealth of stockholders, particularly the top brackets. However, if the top brackets tried to liquidate their stocks, their value would plummet because supply would exceed demand.

Much of the world's wealth is an illusion.

Ah ... well then, no reason for right wingers to be complaining about minimum wage laws then is there? Or taxes.

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.

Left wingers don't claim 'wealth is an illusion', so yes they do get to defend one. And no one need worry if they're paying taxes in 'imaginary money'. The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all, we can have cheap interest rates and print lots of money without any inflationary effects; that's a result of wealth concentration, too.

The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all

Sounds interesting.
How much of this "non-circulating money" goes to the top (define top) and how do you know?

 

[Picaro]

Boring regurgitation of hackish talking points. I have $647 in my wallet. Does that make me wealthier than 4 billion people? When I take $600 of that money and pay the tree guy tomorrow will that make me poorer than 3.7 billion people?

These are illusions created by a variant of cost push inflation as to stocks. At any given time, there is a finite number of stocks available, yet every month more and more new money gets put into the markets due to 401K/IRA's. This inflates the cost of the stocks which inflates the apparent wealth of stockholders, particularly the top brackets. However, if the top brackets tried to liquidate their stocks, their value would plummet because supply would exceed demand.

Much of the world's wealth is an illusion.

Ah ... well then, no reason for right wingers to be complaining about minimum wage laws then is there? Or taxes.

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.

Left wingers don't claim 'wealth is an illusion', so yes they do get to defend one. And no one need worry if they're paying taxes in 'imaginary money'. The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all, we can have cheap interest rates and print lots of money without any inflationary effects; that's a result of wealth concentration, too.

The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all

Sounds interesting.
How much of this "non-circulating money" goes to the top (define top) and how do you know?

Because it's common knowledge, idiot. Now tell us again how working for penauts makes one a whole lot better off and richer n stuff. That's always fun to read.

 

[Darkwind]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Not a one of them has taken a single crumb off My table. I simply don't care that you clowns think that wealth is finite.

 

[JoeMoma]

Actually it takes 1% of the population to hold half the world's wealth.

62 People Have More Wealth Amongst Them Than Half The Human Population

There is no conflict between those statements.
The bottom half don't have very much wealth.

Meanwhile, the wealth of the richest 62 has increased by more than half a trillion dollars to $1.76tr.

The poorest 3.7 billion have $1.76 trillion in wealth, about $475 each.
Total world wealth is $280 trillion.
The top 74 million people own over $140 trillion, averages about $1.9 million each.

Boring regurgitation of hackish talking points. I have $647 in my wallet. Does that make me wealthier than 4 billion people? When I take $600 of that money and pay the tree guy tomorrow will that make me poorer than 3.7 billion people?

These are illusions created by a variant of cost push inflation as to stocks. At any given time, there is a finite number of stocks available, yet every month more and more new money gets put into the markets due to 401K/IRA's. This inflates the cost of the stocks which inflates the apparent wealth of stockholders, particularly the top brackets. However, if the top brackets tried to liquidate their stocks, their value would plummet because supply would exceed demand.

Much of the world's wealth is an illusion.

Ah ... well then, no reason for right wingers to be complaining about minimum wage laws then is there? Or taxes.

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.

Left wingers don't claim 'wealth is an illusion', so yes they do get to defend one. And no one need worry if they're paying taxes in 'imaginary money'. The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all, we can have cheap interest rates and print lots of money without any inflationary effects; that's a result of wealth concentration, too.

And you took my "claim" out of context and then broad brushed it over all "rightwingers". Silly boy!

 

[Toddsterpatriot]

Much of the world's wealth is an illusion.

Ah ... well then, no reason for right wingers to be complaining about minimum wage laws then is there? Or taxes.

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.

Left wingers don't claim 'wealth is an illusion', so yes they do get to defend one. And no one need worry if they're paying taxes in 'imaginary money'. The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all, we can have cheap interest rates and print lots of money without any inflationary effects; that's a result of wealth concentration, too.

The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all

Sounds interesting.
How much of this "non-circulating money" goes to the top (define top) and how do you know?

Because it's common knowledge, idiot. Now tell us again how working for penauts makes one a whole lot better off and richer n stuff. That's always fun to read.

Because it's common knowledge,

Then it should be easy for you to attach numbers to your claim.

Now tell us again how working for penauts makes one a whole lot better off and richer n stuff.

I'm sorry that your lack of skills is forcing you to work for little pay.
Now, back to your claim...…...

 

[Rambunctious]

Obama's term in office was great for the super rich....its the rest of us that struggled through it...

 

[Picaro]

Boring regurgitation of hackish talking points. I have $647 in my wallet. Does that make me wealthier than 4 billion people? When I take $600 of that money and pay the tree guy tomorrow will that make me poorer than 3.7 billion people?

These are illusions created by a variant of cost push inflation as to stocks. At any given time, there is a finite number of stocks available, yet every month more and more new money gets put into the markets due to 401K/IRA's. This inflates the cost of the stocks which inflates the apparent wealth of stockholders, particularly the top brackets. However, if the top brackets tried to liquidate their stocks, their value would plummet because supply would exceed demand.

Much of the world's wealth is an illusion.

Ah ... well then, no reason for right wingers to be complaining about minimum wage laws then is there? Or taxes.

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.

Left wingers don't claim 'wealth is an illusion', so yes they do get to defend one. And no one need worry if they're paying taxes in 'imaginary money'. The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all, we can have cheap interest rates and print lots of money without any inflationary effects; that's a result of wealth concentration, too.

And you took my "claim" out of context and then broad brushed it over all "rightwingers". Silly boy!

Ah, so we now move to the old 'what the meaning of 'is' is ...' semantic games now, do we?

 

[Picaro]

Ah ... well then, no reason for right wingers to be complaining about minimum wage laws then is there? Or taxes.

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.

Left wingers don't claim 'wealth is an illusion', so yes they do get to defend one. And no one need worry if they're paying taxes in 'imaginary money'. The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all, we can have cheap interest rates and print lots of money without any inflationary effects; that's a result of wealth concentration, too.

The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all

Sounds interesting.
How much of this "non-circulating money" goes to the top (define top) and how do you know?

Because it's common knowledge, idiot. Now tell us again how working for penauts makes one a whole lot better off and richer n stuff. That's always fun to read.

Because it's common knowledge,

Then it should be easy for you to attach numbers to your claim.

Now tell us again how working for penauts makes one a whole lot better off and richer n stuff.

I'm sorry that your lack of skills is forcing you to work for little pay.
Now, back to your claim...…...

Oh go on and inform us by repeating all that 'Economic 101' stuff you claim works, despite never having taken 'Econ 101', or even a basic bookkeeping course. That's a lot more fun when you start babbling all that stuff than when you try and be clever n stuff.

 

[Picaro]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Not a one of them has taken a single crumb off My table. I simply don't care that you clowns think that wealth is finite.

Ponzi didn't think so, either. Nor did Samuel Insull.

 

[Weatherman2020]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

 

[Wyatt earp]

Much of the world's wealth is an illusion.

Ah ... well then, no reason for right wingers to be complaining about minimum wage laws then is there? Or taxes.

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.

Left wingers don't claim 'wealth is an illusion', so yes they do get to defend one. And no one need worry if they're paying taxes in 'imaginary money'. The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all, we can have cheap interest rates and print lots of money without any inflationary effects; that's a result of wealth concentration, too.

The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all

Sounds interesting.
How much of this "non-circulating money" goes to the top (define top) and how do you know?

Because it's common knowledge, idiot. Now tell us again how working for penauts makes one a whole lot better off and richer n stuff. That's always fun to read.

Uhm money is not everything in life who told you that? If it was I would be a white collar guy instead of blue collar and not do for a living what I do




.

 

[Wyatt earp]

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.

Left wingers don't claim 'wealth is an illusion', so yes they do get to defend one. And no one need worry if they're paying taxes in 'imaginary money'. The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all, we can have cheap interest rates and print lots of money without any inflationary effects; that's a result of wealth concentration, too.

The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all

Sounds interesting.
How much of this "non-circulating money" goes to the top (define top) and how do you know?

Because it's common knowledge, idiot. Now tell us again how working for penauts makes one a whole lot better off and richer n stuff. That's always fun to read.

Because it's common knowledge,

Then it should be easy for you to attach numbers to your claim.

Now tell us again how working for penauts makes one a whole lot better off and richer n stuff.

I'm sorry that your lack of skills is forcing you to work for little pay.
Now, back to your claim...…...

Oh go on and inform us by repeating all that 'Economic 101' stuff you claim works, despite never having taken 'Econ 101', or even a basic bookkeeping course. That's a lot more fun when you start babbling all that stuff than when you try and be clever n stuff.

Everything I learned about business i learned when I was in the second grade and ran lemonade stands, it appears liberals never even did that with this nonsense of a $15 dollar National minimum wage.


.

 

[Toddsterpatriot]

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.

Left wingers don't claim 'wealth is an illusion', so yes they do get to defend one. And no one need worry if they're paying taxes in 'imaginary money'. The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all, we can have cheap interest rates and print lots of money without any inflationary effects; that's a result of wealth concentration, too.

The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all

Sounds interesting.
How much of this "non-circulating money" goes to the top (define top) and how do you know?

Because it's common knowledge, idiot. Now tell us again how working for penauts makes one a whole lot better off and richer n stuff. That's always fun to read.

Because it's common knowledge,

Then it should be easy for you to attach numbers to your claim.

Now tell us again how working for penauts makes one a whole lot better off and richer n stuff.

I'm sorry that your lack of skills is forcing you to work for little pay.
Now, back to your claim...…...

Oh go on and inform us by repeating all that 'Economic 101' stuff you claim works, despite never having taken 'Econ 101', or even a basic bookkeeping course. That's a lot more fun when you start babbling all that stuff than when you try and be clever n stuff.

The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all

Still funny. Almost as funny as Tesla.

 

[Dekster]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

Richest 1% now owns half the world's wealth

Actually it takes 1% of the population to hold half the world's wealth. Unless the world only has 6,200 people in it you are sadly poor at math, lying and easily misled.

Actually it takes 1% of the population to hold half the world's wealth.

62 People Have More Wealth Amongst Them Than Half The Human Population

There is no conflict between those statements.
The bottom half don't have very much wealth.

Meanwhile, the wealth of the richest 62 has increased by more than half a trillion dollars to $1.76tr.

The poorest 3.7 billion have $1.76 trillion in wealth, about $475 each.
Total world wealth is $280 trillion.
The top 74 million people own over $140 trillion, averages about $1.9 million each.

Boring regurgitation of hackish talking points. I have $647 in my wallet. Does that make me wealthier than 4 billion people? When I take $600 of that money and pay the tree guy tomorrow will that make me poorer than 3.7 billion people?

These are illusions created by a variant of cost push inflation as to stocks. At any given time, there is a finite number of stocks available, yet every month more and more new money gets put into the markets due to 401K/IRA's. This inflates the cost of the stocks which inflates the apparent wealth of stockholders, particularly the top brackets. However, if the top brackets tried to liquidate their stocks, their value would plummet because supply would exceed demand.

Much of the world's wealth is an illusion.

I don't disagree

 

[Dekster]

Actually it takes 1% of the population to hold half the world's wealth.

62 People Have More Wealth Amongst Them Than Half The Human Population

There is no conflict between those statements.
The bottom half don't have very much wealth.

Meanwhile, the wealth of the richest 62 has increased by more than half a trillion dollars to $1.76tr.

The poorest 3.7 billion have $1.76 trillion in wealth, about $475 each.
Total world wealth is $280 trillion.
The top 74 million people own over $140 trillion, averages about $1.9 million each.

Boring regurgitation of hackish talking points. I have $647 in my wallet. Does that make me wealthier than 4 billion people? When I take $600 of that money and pay the tree guy tomorrow will that make me poorer than 3.7 billion people?

These are illusions created by a variant of cost push inflation as to stocks. At any given time, there is a finite number of stocks available, yet every month more and more new money gets put into the markets due to 401K/IRA's. This inflates the cost of the stocks which inflates the apparent wealth of stockholders, particularly the top brackets. However, if the top brackets tried to liquidate their stocks, their value would plummet because supply would exceed demand.

Much of the world's wealth is an illusion.

Ah ... well then, no reason for right wingers to be complaining about minimum wage laws then is there? Or taxes.

By the same logic, there is no reason for left wingers to want a higher minimum wage or higher taxes.

Left wingers don't claim 'wealth is an illusion', so yes they do get to defend one. And no one need worry if they're paying taxes in 'imaginary money'. The fact is since most of the 'money' goes straight to the top without circulating through the economy hardly at all, we can have cheap interest rates and print lots of money without any inflationary effects; that's a result of wealth concentration, too.

I am a left winger claiming wealth is an illusion. I look at the issue more holistically. The poor today have a higher standard of living than the poor of the past. Same for the working class/middle classes. I would like to see more opportunities for people to live more purposeful lives, but that won't be achieved by $15 minimum wages that will just drive up the cost of everything and add to the financial burdens of those on fixed incomes like the poor and elderly. With 30 year bond rates at 3% there is no market pressure to contain public debt as we are still moving bonds. The reason most money goes straight to the top is because of Amazon and other online retailers, telcom expenses and the like. Not much you are going to be able able to do about that from a "tax the rich" footing. Ironically, trump talking about going after Amazon and Google very well could benefit the lower classes as far as money circulation issues, but the democrats will oppose it just because Trump supports it. Ironic in a lot of ways, sad in most. I see very few people who think any issues through as to what the practical outcomes might be. Soros, ThinkBlue and the like have totally ruined any pretense of compassion or logic in the DNC. I will celebrate the day that man dies.

 

[Oldstyle]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

And that "diagnosis" come from someone who described themselves as "a change strategist working on behalf of humanity, and also a complexity researcher, cognitive scientist, and evangelist for the field of culture design."? Really? Let me translate for those of you who haven't been hanging around colleges lately! Joe Brewer is someone who majored in something that has no utility in today's society which means he isn't pulling down squat for pay if he has a job at all...which means he thinks rich people should share their money with him...because of course...that would be "fair"! (eye roll)

 

[Tehon]

There will be people who tell you it’s your fault. That you aren’t trying hard enough. But those people are culprits in perpetuating a great lie of this period in history. The standard assumptions for how to be successful in life a few decades ago simply do not apply anymore. The guilt and shame you feel is the mental disease of late-stage capitalism. Embrace this truth and set yourself free.

To see how broken things have become you’ll have to think systemically.Take note of the systems built up to create this situation and understand how it came to be — so you’ll see why it cannot possibly continue on its current path.

First, a diagnosis of the problem:

A Global Architecture of Wealth Extraction has been systematically built up to rig the economic game against you. This is why a tiny number of people (current count is 62) have more wealth amongst them than half the human population. Decades of those using tax havens to hide their wealth, unfair trade agreements designed to extract wealth from poor countries, banking regulations and austerity measures meant to destabilize entire economies so massive transfers of wealth can go from everyone else to a tiny financial elite, and election rules that all-but-guarantee only those who become whores to these financial pimps will ever sit in high office.

The Pain You Feel is Capitalism Dying – Joe Brewer – Medium

And that "diagnosis" come from someone who described themselves as "a change strategist working on behalf of humanity, and also a complexity researcher, cognitive scientist, and evangelist for the field of culture design."? Really? Let me translate for those of you who haven't been hanging around colleges lately! Joe Brewer is someone who majored in something that has no utility in today's society which means he isn't pulling down squat for pay if he has a job at all...which means he thinks rich people should share their money with him...because of course...that would be "fair"! (eye roll)

 

[Picaro]

I am a left winger claiming wealth is an illusion. I look at the issue more holistically. The poor today have a higher standard of living than the poor of the past. Same for the working class/middle classes.

That's because of a lot of factors, like zoning laws and vagrancy laws, and fewer mentally ill people on the streets in many states; I wouldn't say it applies across the board, since most towns simply drive them elsewhere and let somebody else deal with them. Social Security is also a major factor. But hwe know from the Toddster and other clueless types that SS has to go, since it only lets the 'Unproductive' live longer and stuff, and The Toddster claims he's 'tried of paying for that kind of stuff', being among the allegedly 'highly productive' he says he is. Personally I think he's just a trust fund kid, or some lowly stock peddler with an SR-7 running around rumor mongering hoping to effect stick prices one way or another depending on what he's gambling on at the moment, like most losers who don't make much money being 'all productive n stuff' so they count on winning bets in the Big Casino.

I would like to see more opportunities for people to live more purposeful lives, but that won't be achieved by $15 minimum wages that will just drive up the cost of everything and add to the financial burdens of those on fixed incomes like the poor and elderly.

Not really; people wildly over-estimate the labor costs of most things. It isn't very high, and doubling minimum wage to reflect the real inflation that is already ravaging the poor isn't going to hurt them. Businesses don't pass along cost savings of any kind unless they have to, so even if wages were allowed to go to half what the minimum wage rates are now you wouldn't see any of it passed along to customers, it will just go straight to the top, same place the labor cost savings from off-shoring go.

With 30 year bond rates at 3% there is no market pressure to contain public debt as we are still moving bonds.

Yes, because wealth is concentrated now there aren't as many customers for the bonds. With all the money sitting at the top, there is also a lot out there not being used and is avalable for letting out at 3% or less; a lot of money seeking shelter from overseas is pouring in as well; they're actually paying negative interest in some regions just to be able to park the cash somewhere, anywhere at all.

The reason most money goes straight to the top is because of Amazon and other online retailers, telcom expenses and the like. Not much you are going to be able able to do about that from a "tax the rich" footing.

the 'tax the rich' thing is because there is nobody left to tax, they've busted out 'everybody else', no middle class large enough to sustain even basic infrastructure any more. The problem existed long before Amazon and 'online retailing', though we're going to see sales taxes on their free tides coming to an end soon; some state have already started.

Ironically, trump talking about going after Amazon and Google very well could benefit the lower classes as far as money circulation issues, but the democrats will oppose it just because Trump supports it.

Probably accurate, but then he chose to run as a Republican, which I guess is the right choice, since he won after all, cutting them out, but he never had any real allies in the rest of the system, so he will just be fighting the scum all throughout his term; we don't see many Republicans who aren't busy stabbing him in the back and willing to stand up to their pork barrel buddies across the aisle, either. They're all scum, playing 'Good Cop-Bad Cop' while they await our demise as a free country, and set up theri New Best Friends Forever, the Red Chinese. Many companies already went over, Nike is a recent one, they loves them some Commies like the stupid ball player, and they already have their sweatshops and prison factories overseas, so some gimp who praises Castro is the exact right guy they need as a spokesman.

Ironic in a lot of ways, sad in most. I see very few people who think any issues through as to what the practical outcomes might be. Soros, ThinkBlue and the like have totally ruined any pretense of compassion or logic in the DNC. I will celebrate the day that man dies.

They quit being a workingman's or Liberal Party a long time ago, which is why the passed their 'Super Delegate Rule' and tossed their worker under the bus in favor of assorted racists, sicko deviants, and left wing traitors.

All the right wing spammers here can come up with is some stupid meme about 'productivity n stuff', and how everybody but them is 'unproductive' or some such rubbish, and we need to lower wages levels to Viet nam's or India's or something, i.e. they don't know shit either.