Quote:
Originally Posted by kendo65
In UK the richest 1% control a quarter of the total wealth.
69% of land is owned by 0.3 % of the population.
In 1997 the Uk's thousand richest held wealth of £99 billion; in 2010 this had risen to £336 billion.
In both USA and UK over the last 30 years real wages have declined - a direct consequence of neoliberal economics with ever-increasing globalisation and outsourcing of jobs. This decline in real wages was the main reason for the massive expansion in credit needed by ordinary families to sustain their standard of living. We saw how that ended in 2008.
Forget your socialist and Marxist bogeymen. Your real worry should be the current version of capitalism that is the most efficient means ever devised of transferring wealth from the middle and lower classes to the already rich.
As the American and European middle classes continue to see their standard of living eroded, and as we edge closer to the seemingly inevitable collapse of the Euro maybe you should remind yourself that it wasn't Marxism or socialism that created this mess.
edit: and the atheists didn't have too much to do with it either.. 
and I'll just point out that I don't consider myself to be either a socialist, Marxist or athiest |
Actually, it was Socialism.... all the PIIGS are Socialist countries and the home loan laws of the US socialist Government (Clinton Democrats) was the fuse.
The hilarious thing about the "wealth redistribution" part of "Climate Change" is... those bucks are going from the West to the poorer countries so they can build power stations. Yes! CO[sub]2[/sub] emmitting power stations.