Though the thrust of my post and the article I cite will speak of America - I would encourage our European members take heed as well. I strongly
suspect the following may apply to much of Europe as well now.
First, lets go back to those thrilling days of yesteryear. Back to the industrial revolution and then the great depression here in the US. A time
when much of the wealth in the country was concentrated in the hands of a few. Kind of like today, except they were called "robber barons" back in
You may say - but Frogs - of course we know that wealth distribution in the US today is about the same as it was back in the "bad old days"...
Share of total income going to top 10% - 1917-2007
What's the difference now?
The difference is that back in the day those in power needed you and me. They do not anymore.
In the day the source of their wealth (and thus their power) was largely dependent upon you and I - the average American.
We worked and made the goods for elite to sell.
They paid us a wage for this labor that would allow us to by the goods and still allow them to make a tidy profit.
We provided the manpower for the military and law enforcement organizations to protect them from any threat.
Most of their power and income was based in whatever country they were located - so they needed us to provide their wealth.
Globalization has meant that the elite in the US (and I suspect in Europe too) do not need the average citizen of their home countries anymore. Other
countries can provide them more wealth than we can and privatization of the military can keep them safe.
In short - it was kind of a warped parasitic relationship. The elite (the parasites) needed us and the average American (the hosts) became dependent
The problem is, they successfully structured the system so we need them - but they no longer need us to provide their wealth and are quickly
abandoning us as hosts.
Would China welcome a wave of downwardly mobile American's the way the US did hosts of immigrants early in its history??
Are the American people
[edit on 28-7-2010 by Frogs]