reply to post by soficrow
I would say it is more the .001% that control most of the money.
In 1979, wealth distribution in the U.S. was as evenly spread as it has in our entire history. We had stagflation, but wages were keeping up with
inflation, so it wasn't much of a problem. Then Reagan is elected under the con job of the free market, which people still buy into today, despite
the destruction of our economy under free market economics. I rail against the free market concept on these boards regularly, but so many people fed
up with the system, who realize that they are getting stripped of their wealth and rights, refuse to see that it is free market policies that have
turned over so much power to the wealthy elites.
What the propagandists want to ignore is that the wealth and power of the elites is built on an extremely flimsy system of fractional reserve banking,
and that all that wealth can come crashing down and disappear quicker than anyone can imagine.
If the people get involved in the political process, wake up to what a scam the free market concept is, and started electing true representatives,
individual rights could be quickly restored, and wealth re-redistributed back into the hands of average Americans very quickly.
Two major trends are about to change the whole game.
Technology has brought us to the point where we no longer need large investments of capital for mass production. The biggest battle ground of the
elites is to keep working class people in the U.S. from realizing that they can start small companies and distribute goods and services completely
independent of corporate elites. There is very little need for large corporations anymore. The era that spawned the large corporate powers has
already passed. These large corporate entities, and essentially all large institutions, are dinosaurs trying to cling to power.
The one resource that global elites rely upon the most to maintain their power, oil, is now running out. What was predicted is now becoming a
reality. The sweet light crude has been used up, and it is now like Texas in the 1970ties in Saudi Arabia. Without an easy to obtain, rich source of
energy, the current disposable society is not sustainable.
I don't know how familar you are with my posting here in ATS is, but I have brought this up in many posts.
What the elites, through control of finance and energy, have done, is create a society dependent on consumption, by creating suburban sprawls which
drive up land prices in those concentrated areas, increased use of the automobile, and established a corporate system that keeps people trapped into
dependence on the corporate system. By keeping people trapped into the pursuit of financial obligations, they prevent them from becoming economically
independent. This prevents people from discovering that they can live outside of this system, and live very prosperous lives without the need for
constant consumption. We are quite capable of manufacturing all that we need at the local level, giving people much more control over their lives.
This system depends on the ability of corporations to move manufacturing to areas where people have very little rights, and are forced to work for
very little compensation, creating slave labor production areas. This means concentrating production into areas in one part of the world, and
shipping the goods around the planet to other parts of the world for consumption. Without cheap energy sources, from the large reserves of oil around
the planet, this system is not feasible. It also relies on ever increasing levels of debt, which is just as unsustainable.
Without the planned obsolescence of our disposable economy, our energy needs are greatly reduced. Renewable energy sources such as bio-diesel,
sugarcane ethanol, windmill produced electricity, solar power, and numerous other energy sources will be much more feasibly produced at local levels,
and are all we need, without the planned obsolescence and disposable goods necessary for the existence of giant corporate institutions. A system
where most goods and services are provided and consumed locally would be far more efficient, but that would exclude these giant corporations, and
eliminate the ability of elites to control our society.
What we are witnessing is a last attempt by global elites to try and desperately hold onto power. They will fail at this, because all economic and
social trends, and the advancement of technology, is against them.
What remains is for people to embrace the collapse of the current system, so that a the new, inevitable economic system can emerge, where people are
no longer dependent upon corporate elites.
It is just a matter of how the events that lead to this unfold.
edit on 20-8-2011 by poet1b because: Some wordsmithing