Market volatility is destroying property rights and facilitating wealth concentration.
Drastic swings in the price of commodities, real estate, foreign exchange rates, etc give broad powers to large investors to capitalize on market swings due to trading technology and access to vast investment capital. I am going to start paying more attention to Bilderberg and similar organization going forward as there seem to be an increasing amount of wealth accruing to the benefit of the few at the expense of the many.
Economic darwinism is not my idea of a civilized society. Just as monopolies are anti-competitive the economic playing field should be level across all income levels. old approach was to start a revolution or unite a country behind a common cause. New model is a moral game of chicken–how much are you willing to risk to make money? If you believe in the correlation of risk and reward: Those who have more to risk are the ones who have the most to gain. By allowing banks and corporate executives to risk other people’s money (especially without their consent) and choose how much of the profit they want to keep for themselves, it should be obvious why there is increasing wealth concentration. Those who think that wealth concentration is in any way linked to productivity or economic value added are assuming a level playing field and such is not the case. The only way for a free society to succeed is by strict adherence to both the rule of law and the primacy of individual rights
Without a middle class, the war is between the haves and have-nots and the playing field is not level. Thousands of people have become suicide bombers because dying for a cause was better than continuing life on earth, do we doubt that those who seek a life of opulence would enslave others to ensure their dominance and privilege?
Whether the government run amuck or an international network of like minded members of the ruling class, the average citizen is losing, by default, any hope of restoring their individual rights and freedoms by a complete failure to identify any alternatives to the blind stupor we share on our road to self destruction. The Federal government, state governments, corporations, banks, media……all cater to to ruling class because it pays to do so. With the occupy movements fading into history we are all beck to blaming the usual suspects and getting ready to cast our meaningless vote. Garbage in garbage out.
I am going to start a non-profit organization to help those most in need.
Dajae Coleman was killed at the age of 14 in Evanston last weekend and I am sure there are thousands of kids just like him except they are still alive. By alive I mean not only living but living with hope that someday they to can succeed. Dajae died last weekend but his spirit lives on in the heart of thousands who read and identified with an essay entitled “My Belief Statement” turned in days before his death.
We can do better if we work together.
Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity. Martin Luther King, Jr.
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