Income Inequality

[Minute]

Was reading THIS article & shock headlines aside, I tend to agree. Income inequality is the greatest danger this country faces.

Thoughts?

[Morbidd]

Its not just the USA either. In the UK i read a report the other day that the top 5 richest people in the UK own more wealth than the entire bottom 20% of the country. We are returning to a Downton abby regime where there is is no middle class. Just the rich and the poor

[Minute]

Its not just the USA either. In the UK i read a report the other day that the top 5 richest people in the UK own more wealth than the entire bottom 20% of the country. We are returning to a Downton abby regime where there is is no middle class. Just the rich and the poor

w3rd. Part of the reason that I don't think the U.S.'s financial crisis can be compared to the great depression is because of the way the world is connected now. The real money in the world isn't nearly as interested in keeping America as prosperous as it did then because the entire world is available now.

[Ddrak]

Income inequality is a massive problem with no good solution, particularly with the amount of money required to influence politics.

Dd

[Arathena]

Income inequality is a massive problem with no good solution, particularly with the amount of money required to influence politics.

Dd

There are two solutions. The rentier classes may come to understand that you cannot parasitize a dead body and accept a sustainable rate of return, either voluntarily, through their own corporate policies, when current actions start to fail, or involuntarily, through taxation and unionization. I do not hold great hope for this. Alternately, we have a couple big, violent deals like the French revolution, fuck the hell out of the world, and spend a couple generations sifting through the ashes until we all agree to do it again. When people reach the point where they cannot feed themselves, heads will roll, and the consequences are never good.

[Ddrak]

Yeah - I agree. Hence "no good solution". :/

Dd