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applegrove

(118,022 posts)
Tue Dec 16, 2014, 11:58 PM Dec 2014

"The 6-step process to dispose of America’s poor"

The 6-step process to dispose of America’s poor

by Paul Buchheit at AlterNet, Salon

http://www.salon.com/2014/12/16/the_6_step_process_to_dispose_of_americas_poor_partner/

"SNIP....................


One of the themes of the superb writing of Henry Giroux is that more and more Americans are becoming “disposable,” recognized as either commodities or criminals by the more fortunate members of society. There seems to be a method to the madness of winner-take-all capitalism. The following steps, whether due to greed or indifference or disdain, are the means by which America’s wealth-takers dispose of the people they don’t need.


1. Deplete Their Wealth

Recent analysis has determined that half of America is in or near poverty. This is confirmed by researchers Emmanuel Saez and Gabriel Zucman, who point out: “The bottom half of the distribution always owns close to zero wealth on net. Hence, the bottom 90% wealth share is the same as the share of wealth owned by top 50-90% families – what can be described as the middle class.”

The United States has one of the highest poverty rates in the developed world. It’s much worse since the recession, especially for blacks and Hispanics.

From 2008 to 2013 the stock market, which is largely owned by just 10% of Americans, gained 18% per year. Well-to-do stockholders get capital gains tax breaks, including a carried interest subsidy that Robert Reich calls “a pure scam.”




....................SNIP"
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"The 6-step process to dispose of America’s poor" (Original Post) applegrove Dec 2014 OP
It would be nice if there was anyone representing them(us), but it's just not pragmatic. adirondacker Dec 2014 #1
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