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TOPIC: The entire socialism-capitalism dichotomy is out of date #Yang2020

The entire socialism-capitalism dichotomy is out of date #Yang2020 08 May 2019 01:59 #161

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The entire socialism-capitalism dichotomy is out of date #Yang2020 24 May 2019 00:54 #162

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Yang Is False Alternative For Vexed Trump Supporters 08 Jun 2019 19:37 #163

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Yang Is False Alternative For Vexed Trump Supporters
You can't fix stupid
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The entire socialism-capitalism dichotomy is out of date #Yang2020 18 Jun 2019 14:28 #164

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Beware, fellow plutocrats, the pitchforks are coming | Nick Hanauer



"I have a good sense, a good intuition of what will happen in the future and I think that that intuition about the future is the essence of good entrepreneurship, so what do I see in our future today you ask?

I see pitchforks, as in angry mobs with pitchforks, because people like us plutocrats, because while people like us plutocrats, are living beyond the dreams of avarice, the other ninety-nine percent of our fellow citizens are farther and farther behind.

In 1980 the top 1% of Americans shared about 8% of national wealth, while the bottom 50% of Americans shared 18%. Thirty years later, today, the top 1% shares over 20% of national wealth while the bottom 50% of Americans share 12 or 13%.

If the trend continues, the top 1% will share over 30% of national wealth, in another 30 years, while the bottom 50% of Americans, will share just 6%.

If wealth, power and income continue to concentrate at the very tippy top, our society will change from capitalist 'democracy' to a Neo-Feudalist Rentier society like 18th century France.

That was France, you know, before the revolution and the mobs with the pitchforks.

So I have a message for my fellow plutocrats and zillionaires and for anyone that lives in a gated bubble world......wake up.....wake up..... it cannot last.......because if we do not do something to fix the glaring economic inequities in our societies, the pitchforks will come for us.

For no free and open society can long sustain this kind of rising economic inequality. It has never happened, there are no examples.

You show me a highly unequal society, and I will show you a police state or an uprising.

The pitchforks will come for us if we do not address this.

It's not a matter of if, it's a matter of when.

And it will be terrible when they come..for everyone..but particularly....for people like us plutocrats.
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The entire socialism-capitalism dichotomy is out of date #Yang2020 30 Jun 2019 15:16 #165

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The entire socialism-capitalism dichotomy is out of date #Yang2020 03 Jul 2019 05:19 #166

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