And I really doubt it is even 49%.

except maybe at getting caught. In fact I don't think those bankers jumped on their own.

their chains. At the end of the day - if things really degenerate and it all falls apart and the hope is denied - social democracy and at least some sincere moves toward economic equity are all that stands between the rich and the guillotine.

If they support a new tax or a tax increase at least they'll have some say on the terms of it.

Increased minimum wage, increased wealth taxes, and a whole slew of progressive reforms are going to be coming in the not-to-far-off future and I'm sure some of the wealthy see it too.

and a dying middle class, is not a stable situation. It's bad for everyone but the very tippy top and usually ends up poorly.

Last edited Tue May 6, 2014, 04:28 PM - Edit history (1)

(even if we're gonna "degrowth" because the entire planet itself is nightmarishly over-leveraged): this is something you can explain with just Economics 1--hence colleges demand everyone take a little of something--European History 1C so they know the actual phrase is "property is theft," 1A so they get a little exposure to St. Augustine, high school-level biology and physics so they can resist some Victorian-style Adventist heresies like creationism; students who KNOW what the US has done overseas don't stay Freepers for long

but the Randroids aren't speaking to the rich, they're speaking to the "aspirant class" a la Robert Kiyosaki, Suze Orman, Stuart Smiley, Harriet Martineau and all their ilk: "you have greatness within you, it's just being held back by your lessers"

Ayn Rand's message is that there's only 200 people who matter and the other 99.99985% of us are vile swine who need to just die in our teeming, heaving masses: it's influential among some of the rich, but it's not at all aimed at them: everyone thinks they're Destined for Something Better than other people's bitterness, hostility, and sponging--but I've never seen a Rand bumper sticker on a new car--or blimp, for that matter!

it goes very well with the steps deliberately taken since the mid-70s to reconcentrate wealth, though!