The Top .01% Just Got More Money Than Everyone Else

[Brown_Pride]

http://www.theguardian.com/environm...sation-irreversible-collapse-study-scientists

These factors can lead to collapse when they converge to generate two crucial social features: "the stretching of resources due to the strain placed on the ecological carrying capacity"; and "the economic stratification of society into Elites [rich] and Masses (or "Commoners") [poor]" These social phenomena have played "a central role in the character or in the process of the collapse," in all such cases over "the last five thousand years."[/quote]

Learn from history fam, those who don't are doomed to repeat.

Ironically this is one of the narratives Pickety hits on. The masses will only starve so long before they go, "wtf, he have no money , they have all the money, there's more of us than them...why don't we go take that shyt .

People, particularly the "economists", really start looking at human nature and stop treating the economy like it's a purely mathematical exercise.

 

[DEAD7]

 

[Scientific Playa]

24 Reasons Why Millennials Are Screaming Mad About Our Unfair Economy

Michael Snyder
Activist Post

Do you want to know why Millennials seem so angry? We promised them that if they worked hard, stayed out of trouble and got good grades that they would be able to achieve the "American Dream". We told them not to worry about accumulating very high levels of student loan debt because there would be good jobs waiting for them at the end of the rainbow once they graduated.

Well, it turns out that we lied to them. Nearly half of all Millennials are spending at least half of their paychecks to pay off debt, more than 30 percent of them are living with their parents because they can't find decent jobs, and this year the home-ownership rate for Millennials sunk to a brand new all-time low.

When you break U.S. adults down by age, our long-term economic decline has hit the Millennials the hardest by far. And yet somehow we expect them to bear the burden of providing Medicare, Social Security and other social welfare benefits to the rest of us as we get older. No wonder there is so much anger and frustration among our young people. The following are 24 reasons why Millennials are screaming mad about our unfair economy...

 

[DEAD7]

"unfair"

 

[lenfantdelacapitale]

And people still caping for capitalism I have heard so many arguments like the flood of uneducated migrants bringing down the economy or the immigrants are taking our job blah blah blah the system is messed up I'm sure there is an alternative but these ratios are not rational especially when the people who went to school and have done things right are feeling the pinch

 

[DEAD7]

 

[observe]

edit

 

[Supercoolmayo]

Live in capitalist America, brehs

 

[IAmGettingAMailOrderBride]

why cant I be in the top .01%

You didn't work hard enough apparently

 

[the cac mamba]

. Its just more class warfare propaganda... and its eaten up by the left as usual.

as opposed to what

 

[DEAD7]

as opposed to what

warfare against the system... eaten up by everyone oppressed by it

 

[TLR Is Mental Poison]

The world has changed

Our economy is so much bigger

Wealth is very plentiful

But the establishment basically made the decision to do what was done in the 80s till now

And what did they do exactly? Who is this establishment?

 

[OsO]

cop pleas by blaming inanimate objects (money) and non-living systems (capitalism) for things greedy people do breh

 

[HeatRocOkot]

I'm currently reading a book that discusses this exact topic. It's The Price of Inequality by Joseph Stiglitz it's a really good read that discusses the great inequality between the top earners and the rest of us and how it got to this point and continues and what we can do to make things more equal like the years after WW2 prior to deregulation by Reagan.