Friday, October 14, 2011

Must Read



What is "Occupy Wall Street" about? There are non-trivial matters; very non-trivial. Sadly, but as usual, the right-wing propaganda machine has been very effective in trivializing it, using the inevitable scatterbrains that fill any populist crowd as proof that it's meaningless. Why would that be, one wonders? Why would the uber-powerful corporations and the media and the political party in their bag want to quash any effort actually to address the inequities of our system, as they increasingly favor those very corporatists?

From a site that's hardly a lefty rag comes this extensive article, citing graphically the trends that are at work (or lack of work.) It's worth a read. These are serious issues that deserve serious discussion, as opposed to the concerted efforts of Fox "news" and its subsidiaries in Congress to laugh it off.

Do they have legitimate gripes?

To answer the ... question ..., yes, they have very legitimate gripes.

And if America cannot figure out a way to address these gripes, the country will likely become increasingly "de-stabilized," as sociologists might say. And in that scenario, the current protests will likely be only the beginning.

The problem in a nutshell is this: Inequality in this country has hit a level that has been seen only once in the nation's history, and unemployment has reached a level that has been seen only once since the Great Depression. And, at the same time, corporate profits are at a record high.

In other words, in the never-ending tug-of-war between "labor" and "capital," there has rarely—if ever—been a time when "capital" was so clearly winning.




The article includes more than a dozen very telling graphs.





While CEOs and shareholders have been cashing in, wages as a percent of the economy have dropped to an all-time low:


These are issues that, so you'd think, would be of concern to everyone not in that vaunted 1%. You'd be excused if you thought such concern would cross party lines, and that even teabaggers would smell a rat. Accustomed as they are, however, to accepting as literal truth the Gospel of Glenn, the falsehoods of Fox, the rantings of Rush, they let themselves be used, once again, as cannon fodder.

To discuss such issues as economic disparity is, in their lights, to be a socialist, a communist. And yet, it seems self-evident that if trends continue, our democracy (already mostly a figment) and our brand of capitalism (formerly the engine of the American dream) will perish from the earth.


1 comment:

  1. Sid, for a lefty-latte-sippin-milk-toast-eatin-Pinko you sho' nuff be doin' some mad hella Sterotypin'...
    Its like bein lefthanded, just because some of the worst sociopaths of all time were left handed, you know, Jack the Ripper, Manson, Ted Kennedy, people think ALL lefties leave innocent young girls to asphyxiate(not drown, there's a difference)...
    and the discrimination continues, do YOU know any lefthanded surgeons?
    I thought I saw one a few weeks back, shavin the patients belly with his left hand, but it was the Surgeons Butt-Boy, I mean PA.
    Even laryngoscopes are made for righties, hey at least in kindergarten they had one pair of left handed scissors..
    I know LOTS of what you call the T-word,Conservatives, and most of em don't watch Fox News/listen to Glenn Beck/Rush Limbaugh/Ann Rand...
    OK, if I catch Ann Colter while I'm channel surfin, I'll give her a look, so sue me.
    By the time I've caught up on my episodes of "Glee" "Gossip Girl" "Dexter" "Curb your Enthusiasm" "Breaking Bad" "Vampire Diaries" "Young & the Restless" I barely have time to take a dump, much less watch Jim O'riley.
    Except for my Wife, she not only listens to Beck/Rush/Hannity/Colter, she buys there damn books, and I can't really complain, unless I wanta have sex with myself...
    And I've always sorta regretted missin out on the 60's, I mean, I could have gone to Woodstock, but sorta hard to get the family car when your 6...
    In fact I might run down to Centenial Olympic Park today...
    I'll be the guy with the "F*** (Steve) Jobs" sign..
    See its witty, cause I'm sayin F*** working type jobs, and F*** that Capitalist Pig Steve J***, who I really really hate.
    Cause now everytime I fart, I'm wonderin if its my Pancreas...

    Frank "Groovy Man" Drackman

    ReplyDelete

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