Sunday, March 06, 2011

Fire the Rich

The March-April 2011 issue of UTNE Reader has reprinted an essay from Counter Punch by Davis Macaray entitled, Fire the Rich: A radical fix for the economy that greed destroyed. Here is an excerpt:

Shrinking incomes, fewer jobs ... but bigger corporate profits. Not a good sign.
Yet when you broach the dreaded subject of "class warfare." you get blank stares. When you try to demonstrate, through charts and graphs and scores of real-life examples, that the system is largely rigged to accommodate the wealthy and the powerful -- and that we face an unfortunate us-versus-them dilemma -- people back away.
There's an old joke. An Oxford professor meets a former student and asks what he's been up to. The student tells him he's working on a doctoral thesis about the survival of the class system in the United States. The prof expresses surprise. "I didn't think there was a class system in the United States, " he says. "Nobody does," the student replies. "That's how it survives."

I recommend reading the entire article. The middle class has been under serious attack for some time now. Thanks to the super rich, we are well on our way to becoming a third world country, And no one in the mainstream media is talking about it...