Omens, Portents, Karma and the Mandate of Heaven

By Charles Hugh Smith

Source: Of Two Minds

The question of legitimacy isn’t limited to China.

what makes humans unique among social mammals? Some say humor, I would nominate superstition: regardless of how hard we promote our rationality and logic, humanity continues to sense portents and omens in events and feel the intangible tug of karma: the consequences of past actions that we arrogantly thought we’d escaped forever.

Michael Snyder recently compiled a list of peculiarities that are raising eyebrows around the globe: One, sure, two, not that unusual, three, well things happen in threes, but ten disturbances and we’re only six weeks into 2020? 10 ‘Plagues’ That Are Hitting Our Planet Simultaneously (Zero Hedge)

As the saying has it, Nature Bats Last, and maybe arrogant, destructive humanity’s war on Nature is about to get its comeuppance. Maybe overdosing hundreds of millions of chickens and pigs to knock down bacteria in overcrowded conditions has finally generated a karmic blowback via bird and swine viruses.

As for karma in human society: maybe the disruption of the supply chain in China is a karmic response to offshoring production to fatten Corporate America’s profits at the expense of all else in America’s society and economy.

Then there’s the celestial right to rule, a.k.a. The Mandate of Heaven, the concept rooted in Chinese culture that political leadership which fails the people invites divine retribution in the form of withdrawing the support of Heaven. This withdrawal of support manifests in the tangible world as natural disasters: earthquakes, floods, droughts, plagues, etc.

Though it’s not politically correct to discuss The Mandate of Heaven in any serious way, the reading of omens goes back in Chinese history to oracle bones, the process of heating bones until they crack and then interpreting the patterns as portents to the future.

With human and domestic animal epidemics devastating China in a novel cluster of natural disasters, The Mandate of Heaven is in play even if no one dares speak of it openly. The regime is well aware that these parallel plagues are understood as manifestations that question the legitimacy of the current regime.

The question of legitimacy isn’t limited to China. Soaring wealth inequality, the dependence on debt to fund “growth” and the political disenfranchisement of the masses are global manifestations of political-financial systems that invite divine retribution for their excesses of corruption, self-aggrandizement, and exploitation of the planet and its human workforce.

Financial Feudalism

By Michael Krieger

Source: Liberty Blitzkrieg

“Happy 18th Birthday! Meet your new Daddy,” read one website advertisement. “Do you have strong oral skills? We’ve got a job for you!” cooed another.

A message on another billboard directed at the “daddies” was more blunt: “The alternative to escorts. Desperate women will do anything”…

SeekingArrangement was founded by Las Vegas tech tycoon Brandon Wade. Wade is apparently worth somewhere in the neighborhood of $40 million. His motto is, “Love is a concept invented by poor people”…

SA also markets itself as an antidote to student debt. In the U.S. and elsewhere, college students are enduring financial instability and hardship. Because of rising college fees and rent, and the lack of time available for work during studies, many women are extremely vulnerable to exploitation. “SeekingArrangement.com has helped facilitate hundreds of thousands, if not millions, of arrangements that have helped students graduate debt-free,” Wade boasts on the website. Promotional videos show young, beautiful women enrolled in “Sugar Baby University” — in classrooms, holding wads of cash, driving luxury cars, and discussing the pleasure and ease of being a sugar baby.

When signing up for an account, potential sugar babies are told, “Tip: Using a .edu email address earns you a free upgrade!”

TruthDig: Sugar-Coated Pimping

Watching politics unfold in the post-financial crisis era has been extraordinarily frustrating. While it’s been refreshing to observe the emergence of grassroots populism over the last few years, there’s a problematic lack of depth and clarity embedded in these burgeoning mass movements. Tens if not hundreds of millions of Americans now acknowledge that something’s deeply broken within the current paradigm, but we remain focused on identifying symptoms as opposed to understanding and rectifying the systemic nature of the problem.

Of course, there are numerous complexities when it comes to the administration of an imperial oligarchy, and our system didn’t emerge overnight. Perhaps the most fundamental mutation of the post WW2 era came in 1971 when the international convertibility of U.S. dollars into gold was severed. This is when the country began its long transformation from a largely industrial empire to a financial one. I’ve often highlighted how the purely fiat USD reserve currency is the most powerful weapon ever invented, and how the U.S. control of the global financial system is the true backbone of empire, but it’s equally important to understand how the predatory financial system is also used to subjugate Americans in their own country.

In order to understand how this works we need to dig into the most fundamentally important four letter word in any modern economy: Debt.

When most people consider the debilitating societal effects of excessive debt they tend to see it from one basic level. How the bottom half of the population essentially has no choice but to borrow in order to participate in the economy as constructed. This is because the cost of so many things has been inflated way beyond the capacity of most people to purchase them outright. Specifically, wage growth has failed to keep up with the soaring costs of fundamental things such as shelter, healthcare and higher education.

For instance, home prices have been rising faster than wages in 80% of U.S. markets, which means the higher cost tends to offset historically low mortgage rates. Low interest rates don’t really help such people, it just lets them maybe, barely purchase an intentionally inflated asset to live in by taking on a huge chunk of debt. An asset that could quickly become completely unaffordable should the economy turn down as it did a decade ago.

As such, you have multitudes taking on debt defensively just to keep going and avoid falling further down the socioeconomic scale. Debt doesn’t empower such people, rather, it turns them into modern day indentured servants endlessly stuck on a hamster wheel with little to no hope of getting off. This is not an accident, it’s a tried and tested tool which, when combined with incessant mass media propaganda, is an effective way of creating a submissive, confused and desperate underclass.

Many people understand this by now, but what’s far less understood, yet potentially more significant, is how the wealthy use debt.

When you own your primary home outright and you’ve got enough savings that healthcare premiums and paying for your kids college in cash doesn’t make a dent, debt becomes something else entirely. Debt’s no longer an albatross around your neck, instead it becomes a tool to increase wealth. Debt becomes leverage.

Much of the explosion in wealth inequality over the past several decades can be traced back to this systemic interclass weaponization of debt. If you’re very wealthy and connected, access to extremely cheap debt is virtually unlimited, and this access is used to make leveraged bets on all sorts of stuff, but primarily real estate and financial assets such as stocks and bonds. Hasn’t this always been the case you ask? Aren’t those with capital always extremely advantaged over those without it? Isn’t that the history of capitalism and America since the beginning? My answer would be yes and no.

The main difference between prior periods of history and, let’s say the 21st century, has been the vast increase in power of the financial services sector thanks to the Federal Reserve’s willingness to encourage and enable the insatiable reckless behavior of the speculator class. It’s no secret the Fed has been intentionally boosting assets across the FIRE sector such as real estate, stocks and bonds since the crisis. Those with the capital to ride the coattails of this irresponsible and undemocratic central planning rushed out to take on debt to buy these assets, thus multiplying the return on investment.

While the white-collar cubicle worker with enough extra income to diligently add to their retirement account over the past decade has done fine, bankers or hedge fund managers who took on massive leverage to amplify such bets made generational fortunes while creating nothing of value. It’s the way debt works for the financial services sector versus how it works for the average person in a world dominated by big finance and the central bankers who provide them unlimited welfare.

The same thing occurs within the corporate suite, as executives across industries have used access to extremely cheap debt to buyback stock and reward themselves handsomely despite creating nothing of societal value while doing so. It’s pure financial engineering. Nobody should become generationally wealthy this way, but it’s exactly what’s been happening. So you see, debt’s not just a means to subjugate a desperate bottom half of the population, it’s concurrently an effective tool to expand wealth and power at the top. 

Then there’s this.

When was the last time the bond market paid you to make an acquisition? As Max Keiser so eloquently puts it, this is interest rate apartheid.

But it’s even more pernicious than that. It’s still possible for regular wealthy people to take on too much leverage, make a mistake, and lose their fortunes — unless of course you’re an executive at major financial services firm. In that case you simply can’t lose, which was the primary lesson learned from the response to the financial crisis.

Not only were the titans of this industry not jailed, they walked away with their fortunes intact. The Federal Reserve and the U.S. government made this happen. It wasn’t an accident and it wasn’t to “save the economy;” that’s just nonsense talk for the confused masses. The entire point was to consolidate and further entrench the unaccountable power of those at the very top of the finance feudalism paradigm and signal they’ll also be bailed out for any future catastrophe they create.

Significantly, financial feudalism isn’t just interclass, it’s also intergenerational. The stock market and real estate crash of a decade ago was the market’s attempt to reset those assets more in line with median incomes, but central banks would have none of that. They determined asset prices needed to be re-inflated as much as possible as fast as possible, and these unelected banker stooges went about implementing this major policy decision of central economic planning with zero public debate. Young people entering the workforce had no savings and poor wage growth, so a generation was quickly priced out of homeownership while simultaneously stuck with an enormous pile of student debt. The results of all this are unsurprising.

The crisis facing this country is simmering and metastasizing under the surface of misleading aggregate economic data and record stock markets. While it’s tempting to focus on the symptoms, we’ll never confront and tackle any of this properly unless we understand the structure and how the game is really played. The system you’re living in isn’t capitalism or socialism, it’s financial feudalism. 

“Why Don’t You Just Get a Better Job” and Other Dumb Shit People Say to Low-Income Earners Stuck in Precarious Work

precarious-work

By Chloe Ann King

Source: The Hampton Institute

For most of my working life I have been stuck in the hospitality industry which is lowly paid, painfully precarious and poorly regulated. In New Zealand, where I live, hospitality employers mostly treat you as nothing more than an easily replaceable unit to turn-over-profit. I have spent over a decade in this industry and as such I have become acutely aware of the fact that no matter how many shifts I work or how many poorly paid jobs I undertake; I will never have enough money to meet rising living costs.

Sometimes, my life is a bit depressing. You know what I mean? I get up, I go and work one of my multiple jobs and I come home. Each week I check my bank balance and I feel pretty put-out about how low my pay is as compared to how hard I worked for it.

Obviously, working hard at minimum wage jobs is never going to land me economic security. No matter how hard I have worked in the hospo industry I have never ever received a pay-rise, not once. The lie of “hard work” serves to convince us that if we fail to achieve happy, healthy and joy filled lives which are economically secure thanks to well paid jobs, it is because we failed to work hard enough for it. Constantly we are told that external factors do not affect us. This type of pervasive ‘positive’ rhetoric isendlessly used by many self-help Gurus such as Tony Robbins, one of America’s most well-known motivational speakers.

The lie of “hard work” is pitched to us – those from the working and lower classes, by not only self-help gurus and spiritualists but politicians and well intentioned high school teachers and even our parents, as being one of the best paths to prosperity. This myth is perpetuated and disseminated by the mainstream media as motivational newsworthy ‘human interest’ stories. However, there is very little which is human about these types of stories. The core of these news pieces has nothing to do with humanity or being human and everything to do with selfishness and individualism and play on insecurities and our need to compare our lives to others who we think or we are passive aggressively told, have it better than us.

A few months ago the NZ Herald (New Zealand’s most read newspaper which controls the national narrative) ran yet another one of these “motivational” articles on a young landlord named Gary Lin. Who has managed to buy up a staggering eleven properties citing “hard work” as a reason for his success. He told the NZ Herald,

“Work hard, work smart, save hard, and invest smart. Wealth creation is not rocket science – perseverance and hard work can get you there.”

As if wealth creation is something we should as young people, be aspiring to. In times of great wealth inequality, we should be demanding wealth dispersal not setting out to create and covet wealth for ourselves. Gary, unlike most of us, was given a hefty “leg up” or what we poor folk call a “handout” by his father in the sum of $200,000 as a wedding gift which allowed him to buy his first home which cost him $175,000. I guess for some people money really does grow on trees.

I hate to break it to you Gaz – can I call you Gaz? But “hard work” had nothing to do with your successes in life.

Gaz got lucky. He won the genetic lottery and was born into wealth – he did not earn the money that helped him buy his first home. It was given to him. Instead of using his unearned wealth to help others he made the choice to punch-down and profit off the growing number of people stuck in the rental trap by hoarding properties. Gaz has engaged in predatory behavior by renting his properties out at market rental rates. In an unregulated rental market the odds are never in favor of tenants. As George Monbiot wrote for the Guardian, Rent is another term for unearned income.”

People like Gaz rarely acknowledge their economic success is at the expense of those from the lower and working classes. To recognize this Gaz, might have to feel a little bit bad about how he came into his millionaire property portfolio. He might have some kind of world shattering epiphany that he is not as smart as he believes and his successes are owed more to an ability to stomach the ruthless actions and attitudes needed to ‘make it’ in a society that is quickly turning into a dystopian one. Which makes The Hunger Games, look like child’s play. Sociopathy and luck had more to do with Gaz’s successes in life than actual “hard work”, talent and intelligence.

Lawyer and anti-poverty activist David Tong, responded to Gaz’s flawed belief that anyone can own property if they just “work hard” enough, with these words:

“Motivational read from the NZ Herald: You too can be a rich property investor. If dad gives you a $200,000 gift”

“Hard work” and motivation don’t mean shit in a broken economy that was built on the blood, backs and bones of the working class and the most marginalized and vulnerable. Increasingly, accessing upward mobility – which buying property can help you obtain as well as a better quality of life, is becoming an impossible task because of low wages, insecure work and a flooded job market. People are just struggling to get off minimum wage let alone save for a house.

***

The New Zealand Council of Trade Unions states that “At least 30% of New Zealand’s workers – over 635,000 people – are in insecure work. We believe it may well cover 50% of the workforce.” No matter how hard you work it is impossible to get ahead when your employer only offers you inconsistent hours and denies your basic right to a guarantee of minimum hours.

Casual contracts are used widely within the hospitality and service industries and state that your employer owes you “no minimum of hours.” But the expectation is that you will cover and come in when needed and if you refuse you are often faced with penalties. Such as having your shifts cut the next week. Having the stability of a salary as opposed to waged work is a far off dream for so many of us. You can’t budget let alone save money for a house when you never know what your pay-check is going to be from one week to the next.

Economic insecurity because of cut shifts and insecure hours has been a major feature of my working life. For example, last year just before Christmas I had my shifts cut in half. I went from working between four and five shifts a week down to only two. I was given six days’ notice and when I pointed out how hard this would hit me economically to a Duty manager I was told, “I should go and find a second job” and reminded that “I was only on a casual contract so there was not much I could do about it.”

For the last few months I had been back-breakingly flexible for this employer. I had come in whenever I was needed and covered shifts at short notice. I had worked hard to make every customer’s experience an enjoyable one, all this for minimum wage. I spent most of December desperately scrounging around for a second job, as did two other workers who had suffered the same fate.

I popped into the same work soon after my shifts had been cut to collect my tips and one of the regulars who had been drinking, accosted me verbally and demanded to know why I was in such vocal support of the recent rolling strikes of Bunnings Warehouse workers. These workers had been subject to Zero Hour contracts, eternal bullying and harassment from managers and no guarantee of shifts or rosters. He said “why don’t these Bunnings workers just go out and get a better job”. This statement coming from a white male Baby Boomer who enjoyed free tertiary education and did not start his working life off in debt. All is crimson and gold in middle class Whiteywood, I guess.

“Why don’t you just go and get a better job?” This singular narrative epitomizes the ignorant attitudes of people like Gaz and the regular from my work whose name is ironically Gary, as well. It also puts the sole responsibility of finding well paid and meaningful work onto the worker, while absolving a government’s responsibility to push for job creation which serves their citizenry and the environment and to raise the minimum wage to a living wage, in New Zealand.

If over 30% of the workforce is stuck in precarious work and large sectors of the workforce earn below Aotearoa’s living wage of $19.25 an hour, finding “better work” is statistically impossible for a vast majority of us. There are thousands of hospitality businesses in Auckland, New Zealand, and only a handful pay a living wage and nearly none offer a guarantee of hours. As such telling people to “get a better job” is like telling them to buy a lotto ticket and live in hope they take out the jackpot.

***

No matter what the Gaz’s, Gary’s and the self-help superstars such as Tony Robbins of this world have to say on the myth of “hard work” and perseverance paying off one day, the reality is our ability to access upward mobility; buy a house; obtain a decent standard of living is tied to what type of work you can access. External factors not only deeply impact people’s lives they oppress those who do not benefit from certain types of privilege. Not all roads lead to Rome. More often than not for us poor folk they lead to roadblocks and hurdles that increase based on the colour of your skin, the class you were born into and/or your gender, how bodily abled you are and your sexuality or a combination of all of these.

People’s situations are complicated and difficult and cannot be curtailed into passive aggressive motivational “one liners” that nearly always punch-down and not up. Our working class struggles cannot be solved by a set of self-help rules or keys or steps which are meant to guide anyone to economic stability and lead you to the life of your dreams and a perfect job. In the book, The New Soft War on Women, the chapter entitled ‘Doing Well May Not Work Out So Well’, Caryl Rivers and Rosaling C. Barnett, write,

“We like to believe that the workplace is fair and that if we do a good job, we will be rewarded. After all, that’s the American way. But this belief is less true for women than it is for men. Indeed, too often women’s performance which is stellar gets fewer rewards than men do – even men who are less than outstanding.”

During a major speech at Wellesley College, presidential candidate Hillary Clinton, talked about the role women can play in politics and public life, she said,

“We know we’ve got to keep pushing at that glass ceiling. We have to try and break it… Obviously. I hope to live long enough to see a woman elected president of the United States.”

Encouraging women to break the glass ceiling is all well and good but what if moving off minimum wage and accessing a living wage, is no easy feat? In America alone, 6 out of every 10 women are stuck on minimum wage.

The Glass Ceiling is so high up most of us can barely even see it. Researchers at the non-profit group Catalyst point out, “[…] when you start from behind, it’s hard enough to keep pace, never mind catch up-regardless of what tactics you use.” Both Rivers and Barnett went on to write,

“Doing all the right things to get ahead-using those strategies regularly suggested in self-help books, coaching sessions and the popular press-pays off much better for men than it does for women.”

As women, we do not struggle to “get ahead” because of personal failings but this struggle is born from structural sexism which creates gendered inequality.

Telling white women and women of colour to be more ambitious and just “work harder” if they want to smash the Glass Ceiling and obtain a decent standard of living is almost laughable. Considering many women, in particular, indigenous women and women of colour, are still struggling to make it out of the basement. Still, self-help gurus such as Tony Robbins preach to millions that none of what I am writing about actually matters: race, gender… whatever you were born as, and into, does not have to hold you back. You just have to believe in yourself and follow the Tony Robbin’s step-by-step guide to snagging a life beyond anything you could ever dream of. Which he has called: ’12 Keys to an Extraordinary Life’. You couldn’t make this shit up. He said at a recent event:

“I don’t care if you are young or old, I don’t care what your colour is, what your gender is, what country you come from, if you understand the science of building wealth you can have an abundance of it. If you violate those rules [of the 12 keys to an Extraordinary Life] either because you’re ignorant to them or you don’t apply then, you are going to have financial stress”

Tony, who sounds uncomfortably like Gaz in his belief anyone can become a millionaire, may as well have just said “we are all one”! “Everyone can make it no matter what grinding and economically depressive situations you come from”! And be done with it.

Financial stress is not brought about because you have unknowingly violated one or more of the ’12 Keys to an Extraordinary Life’ which Tony has made tens of millions off. Violating female stereotypes of passivity have a lot more to do with our failure or success in the workplace than how hard we do, or do not, hustle for top positions and top earning brackets. Rivers and Barnett write, “Competent women violate the traditional female stereotype of passivity. And that violation can trigger a reaction of fear and loathing [in the workplace].”

Financial stress is brought about because of injustices such as the pay-gap and the coloured pay-gap. Something Tony, has clearly gone out of his way to ignore. Self-help gurus and people like Gaz and Gary tend to, “displace questions of social justice and frame their rhetoric by the individualist and corporatist values of a consumer society,” as both Jeremy Carrette and Richard King wrote in the book, Selling Spirituality: the silent take over of religion.

Both Rivers and Barnett point out in relation to the American pay gap,

“Hispanic/Latino women have the lowest median earnings, earning just 55 percent of the median weekly earnings of white men; black women have, median weekly earnings of 64 percent of those of white men.”

The pay gap for America’s first nation indigenous women also sits at 55 cents in the dollar compared to white men, as non-profit AAUW reports. Indigenous women are faced with earning nearly half of what white men do in America.

Similarly, in Aotearoa indigenous Maori and Pasifika women, face significant coloured/indigenous pay-gaps compared to white men and women. TheDominion Post, reported last year, “Maori and Pasifika women are more likely to be in the lowest paying jobs, which increases the poverty in their lives and communities.” The Human Rights Commission has been tracking unfairness and inequality at work and cites that Pasifika women on average earn $57,668 while white men earn $66,900. What this data shows us is that, “Men are paid more than women overall and within ethnic groups. The effects increase when combining several factors as is the case between New Zealand European men and Pacific women. These patterns have persisted over time.”

These “patterns” of women of colour and Indigenous women being paid significantly less than white men and women, to do the same damn jobs have “persisted” all over the world from America to Aotearoa. Injustice and oppression is locally and globally connected.

A more accurate description of what the aspirational metaphor of the Glass Ceiling is made out of is to say it is made from lead. So many women are much more likely to fall off what Rivers and Barnett have labelled the “glass cliff” than triumphantly smash the glass ceiling into a million little pieces. Following Tony Robbin’s guide to obtaining some magical, fairy-tale life, or any other pseudo bullshit glittery guides to financial freedom, aren’t going to be very effective for women born into a system which was built to silence and eradicate them.

The only thing I am aspiring to “smash” is white imperial patriarchal systems that at best disempower women and at worst, brutally and often violently oppress them.

***

As workers we are criticized for our behavior whether we are told we need to be “more ambitious” or we “just need to work harder” in response to our perceived failure to land a great job with good pay and consistent hours. I am so tired of listening to people who endlessly tell me to go and get a “better job” or a “real job” (what does that even mean?!). And I have lost count of the times I have been told by people who hold anti-protester positions to “go and get a job” while I am on the picket line or the protest ground. As if the low waged work I do counts for absolutely nothing. As if service industry work is some kind of phantom job.

This is for anyone who has ever told a service worker to go and get a “job” or a “real job”: why don’t you make your own double shot soy latte, flip your own burgers and pour your own damn beer and make your own designer espresso martini, which costs more than I make in an hour.

When as a worker, I refuse to put up with horrible workplace conditions and hit the picket line or call the Union as a form of resistance I have been called a “trouble maker”, “dirty hippy” and an “inconvenience”. I am proud to be all of those things. I am glad I stood up and was brave and risked job loss (sometimes I have lost my job for speaking out) and arrest in an attempt to better my workplace conditions. The only people who are “dirty” are those who seize on disaster capitalism and economically benefit from the oppression of others… I am looking at you Tony Robbin’s and Gaz.

We need more workers collectively rising up and following the lead of Health Care workers, Bunning Warehouse and Supermarket workers and more recently Bus drivers. Who have all relentlessly hit union backed picket lines to demand ‘fair pay for fair work’ and better work conditions, in New Zealand. And less people thinking magically one day their lives will get better if they just play by the rules and perform their duties at work without complaint. This is nothing but blind faith. It is like believing in god: no matter how long you patiently wait he is not going to come and save you.

People from the working classes and those who have been in the wake of the 2008 financial crash, disenfranchised from the middle and upper-classes can save each other. But we need to refuse to allow those who hold power to continue to pit us against one another in some kind of Capitalist Death Match. Where the only prize you get is some demeaning job where the wages are so low you have to pick between buying food or paying the electricity bill. Starving or freezing does not sound like much of a “win” to me. It sounds like bullshit.

The more people who push against injustice in staggering numbers the harder it is for the media to ignore us and distort our messages of resistance.

Many people’s grinding situations have nothing to do with individual ‘bad choices’ or laziness or you know, violating the ’12 Steps to an Extraordinary Life’. No matter how many times we hear rotten rhetoric like this we must refuse – absolutely – to accept these types of pervasive and dominant narratives. At their core these narratives use shame and ruggedly focus on the individual as a method to pacify and silence. We must disrupt language that is designed to disempower and divide workers while seeming to empower. We need to seek out ways to elevate the voices of our most vulnerable and the messages of people of conscience who can envision a better world and whose political imaginations outstretch the dominant reality.

Lastly, we need to fight and stand with other workers against employers who exploit their employees and view them as nothing more than units to turn-over capital. Jeremy Carrette and Richard King, went on to write in their before mentioned book:

“We are never obliged to accept the dominant version of reality (however conceived throughout history) without question.”

Why Americans Must Demolish the Political Duopoly and Create a New Progressive Alliance

the-evil-and-corrupt-duopoly

By Thomas Baldwin

Source: Dandelion Salad

A Call to Action!

“Insanity is doing the same thing over and over again and expecting different results.”– Albert Einstein

Duopoly: “preponderant influence or control by two political powers.”

Demolish: “to destroy by breaking apart; to put an end to.”

Corporate fascism (or Corporatism): “the complete merger of corporate and state entities to create a political entity.”

The United States is experiencing a serious crisis and most Americans know it. Our government and the Washington establishment is disintegrating at near breath taking speed. It could well be the most serious situation in at least a hundred years. For years now several authors have described our government in Washington as being “broken” or “dysfunctional”. But these words seem inadequate any longer.

It is much more like a “living” entity which is dying and is in a critical state; all vital signs are poor. Crises are generated in Washington from incompetence and corruption. Little or nothing gets done; few if any serious problems are addressed. Everything is addressed as “partisan.” But that is a delusion because as I will mention later there is really only one party with two different factions serving the corporate fascists. When the two factions finally agree on something, then it is called “bipartisan” because the two political parties appear to be constantly fighting over power and money. What, if anything, is to be done about this evil charade?

Read the full article at  Dandelion Salad.

The 1% Versus the 99%: Realignment, Repression or Revolution

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Wealth Inequality Is Putting the US on Course for a Showdown

By Klaus Marre

Source: WhoWhatWhy.org

The richest 20 Americans now own as much wealth as the country’s poorest 152 million people combined.

That is just one of the findings of noted inequality scholar and author Chuck Collins’s most recent report, “Billionaire Bonanza, The Forbes 400 and the Rest of Us.”

In a wide-ranging interview, which will be available in its entirety as a podcast tomorrow, Collins likened the current situation to the “Gilded Age,” the time just before the turn of the 20th century, when there was a similar accumulation of wealth at the top and political power was concentrated in the hands of a few rich men.

And Americans are slowly realizing that the extreme accumulation of wealth at the very top is hurting their own prospects.  But grassroots efforts to redress economic inequality must contend with the political power that comes with great wealth.

This is an unstable situation. With pressure building for change but potent forces stacked against it, there are only three options, Collins told WhoWhatWhy: “Realignment, revolution or repression.”

Rules Rigged, and the Rich Get Richer

Back in the Gilded Age, the country managed to convert the pressure that was building from the bottom up into meaningful changes that resulted in a realignment of political power and the rise of the middle class. Those gains, however, are now being reversed. In fact, a new report found that, for the first time in decades, the middle class no longer constitutes the economic majority in the United States.

The shift toward increasing inequality began in the 1970s. At that time, Collins says (and research shows), “we stopped being an economy in which most people grew together” and instead became a “society that is dramatically pulled apart.”

Wages have now been stagnant for three decades and the median wealth of Americans has actually declined since 1990. At the same time, the rich have gotten richer. A lot richer.

Like the Great Depression in the early 1930s, the economic crisis of 2008 has been a wake-up call for the country. Polls historically have shown that people are indifferent to great wealth as long as they feel the rules are fair and that they at least have the option of moving up the ladder. But for many, the latest crash is changing that perception.

“In the economic meltdown of 2008, people realized the rules are rigged, that the big financial industry people … are tipping the scale in their favor,” Collins said. This has led to a perception that upward mobility in America is stalled — a perception supported by statistical data.

Collins believes that this sentiment has helped boost the candidacies of presidential hopefuls as diverse as Donald Trump and Bernie Sanders.

The collapsing middle class, including groups like recent college students whose prospects are blighted by crushing debt burdens, represents an “angry and mobilized constituency.” These are the people whose dissatisfactions are articulated by populists like Trump.

At the other end of the spectrum, the success of self-avowed “democratic socialist” Sanders shows how fluid the situation is. Collins pointed out that the Vermont senator has been saying the same things for 30 years — but only now are they resonating with a larger proportion of the electorate.

Collins pointed out that Sanders is the only major candidate who does not need a billionaire bankrolling his primary campaign to do well in the polls.

One bloc of voters who can cause a tectonic shift in the near future are millennials, many of whom are resentful of the obstacles they face in pursuing the American dream while paying off their college loans. With 40 million households shouldering a burden of $1.2 trillion in college debt, Collins believes that if this segment of the population were to organize, they could force significant change.

“Otherwise, the machinery of inequality will just keep chugging along as it currently is and it will get more concentrated,” Collins said. In any case, all of the ingredients are there for a major political realignment.

“We’re headed for a showdown.”

[audio http://www.whowhatwhy.org/files/Chuck%20Collins%20WWW%20Final.mp3 ]

http://www.whowhatwhy.org/files/Chuck%20Collins%20WWW%20Final.mp3

Yes, Global Wealth Inequality is Unjust

Income-Inequality

By Jessica Flanigan

Source: Bleeding Heart Libertarians

Jonathan Anomaly asks, “Is global wealth inequality unjust?” Anomaly and Dan Moller suggest that global wealth inequality may be less unjust than a lot of people think because rich countries have good political institutions and cultures that encourage social and scientific experimentation, not because they are actively harming poor countries.

Moller’s argument is that if wealthy countries did not cause global poverty they have no duty to provide aid. His main targets seem to be Richard Miller and Thomas Pogge, who argue that the system of global trade, which is imposed on everyone in the world, does cause poverty in poor countries. I agree with Moller that if anything, the system of global trade has made everyone better off, though it has made some much better off than others. And like Moller, I don’t think inequality is necessarily a moral problem. But like Pogge and Miller, I do think it is a moral problem if a system of property is imposed on everyone and it leaves some people so desperately poor they don’t have enough.

This argument is the same as my argument for the basic income. As Harry Frankfurt writes in one of my favorite papers, we should care about everyone having enough rather than an equal share. It is much easier to calculate an equal share than to calculate what counts as enough, but enough is what matters. Though it requires a further moral argument to say what enough is, I think most of us could agree that conditions extreme poverty do not give a person enough, whatever enough means. More than a billion people live in extreme poverty, and their lives are governed by a global property system that they have no choice but to participate in. My intuition is that just as domestic property systems should provide citizens with a basic income, a similar argument can be deployed to support limited duties of assistance for people in extreme poverty if we could know that assistance could make a meaningful difference.

I imagine a lot of BHL readers will be pretty unsympathetic to this argument. Some libertarians will object to my claim that property systems are coercive in ways that require providing everyone who is coerced by a property system to have enough. Some libertarians seem to think that the existing system of global capitalism is just everyone exercising their natural pre-political property rights without violating anyone else’s entitlements. Or, some people think that assistance would just do more harm than good, and people aren’t owed assistance if it would make the global rich worse off without making anyone better off. Of course it’s hard to know what would be enough assistance. Aid may not work. If aid works, it’s hard to know why. It’s hard to know how to make aid better too. But there are amazing researchers who are working to find the answers to these questions. Some worry that aid is paternalistic or infantilizing, but it doesn’t have to be. Just because we don’t know how best to improve the lives the global poor doesn’t mean we should stick to the current system of basically not trying at all.

For libertarians who are skeptical of wealth redistribution though, here is another reason that global wealth inequality is unjust—borders. As my co-blogger Chris writes, there’s no such thing as a closed border libertarian. As far as I know, Pogge doesn’t mention the global system of borders in his argument for eradicating systemic poverty and Moller doesn’t discuss immigration in his article either. This is a striking oversight. Both Moller and Anomaly emphasize the non-zero sum nature of trade. Moller considers and responds to the objection that the rich got rich by unfair trade practices, but does not include borders on the list of unfair trade practices.

I’m not saying that rich countries got rich by turning poor people away at the border. I suspect the opposite is true, and that rich countries got rich when they had a lot of migration (like the US in the 19th century) and continue to get rich despite immigration restrictions. But one thing is clear, poorer people are poorer because of the border system. As Jason Brennan points out, opening the borders would not only respect people’s freedom of movement and association, it would also add trillions to the world economy and benefit rich and poor countries alike.

So yes, global wealth inequality is unjust. Not because rich countries cause poor countries to be poor, but because coercive property rules and borders trap people in conditions of extreme poverty. For these reasons, even libertarians should support policy reforms that improve the lives of the global poor—especially open borders.

The “Makers” and “Takers” — Not Who You Think

corporate_welfare_medium

By Kevin Carson

Source: Center for a Stateless Society

The old “53% vs. 47%” meme that got so much attention in the 2012 election resurfaced this week when it came out that Colorado gubernatorial candidate Bob Beauprez apparently first coined it at a 2010 Rotary Club speech. The 47% who pay no income tax, he said back then, are “dependent on the largesse of government” and “perfectly happy that someone else is paying the bill.” The talking point got traction with the Tea Party and was soon picked up by politicians like Paul Ryan (who warned we were approaching “a net majority of takers vs. makers”) and Mitt Romney.

Of course this is pure buncombe.  It presupposes that high taxable incomes result primarily from being “makers,” when the truth is just the opposite. The higher your income, in fact, the more likely you’re a taker who’s — all together now! — dependent on government.

It’s possible to get moderately wealthy — say, an income that qualifies you for the “top 1%,” which is somewhere under $400,000, or assets in the low millions — through genuine entrepreneurship. Even at this level, of course, it’s more likely you have an income heavily inflated by membership in a licensing cartel, or help manage a highly authoritarian, statist corporation where your “productivity” — and bonuses — are defined by how effectively you shaft the people whose skills, relationships and other human capital are actually responsible for the organization’s productivity. But it’s at least possible to get this rich by being a maker of sorts, by being more adept than others at anticipating and meeting real human needs.

But you don’t get to be super-rich — to the tune of hundreds of millions or billions of dollars — by making stuff. You get that filthy rich only through crime of one sort or another (even if it’s technically perfectly legal in this society). You get the really big-time money not by making stuff or doing stuff, but by controlling the conditions under which other people are allowed to make stuff and do stuff. You get super-rich by getting into a position where you can fence off opportunities to produce, enclosing those natural opportunities as a source of rent. You do it by collecting tolls and tribute from those who actually make stuff, as a condition of not preventing them from doing so. In other words you get super-rich by being a parasite and extorting protection money from productive members of society, with the help of government.

So don’t be fooled by the fact that some of us aren’t paying any income taxes. We pay lots of taxes — to rich takers who live off our largesse. The portion of your rent or mortgage that results from the enormous tracts of vacant and unimproved land held out of use through artificial property rights is a tax to the landlord. The 95% of the price of drugs under patent, or Bill Gates’s software, is a tax you pay to the owners of “intellectual property” monopolies. So is the portion of the price you pay for manufactured goods, over and above actual materials and labor, that results from embedded rents on patents and enormous brand-name markups on (for example) Nike sneakers over and above the few bucks a pair the sweatshops contract to make them for. So is the estimated 20% oligopoly price markup for industries where a few corporations control half or more of output. If by chance you do pay federal income tax, half of it goes to support the current military establishment or pay off debt from past wars — wars fought for the sake of giant corporations.

The “takers,” in short, are the people Romney spoke to at $1000/plate fundraisers, who pay Hillary Clinton several hundred grand for a speech reassuring them Wall Street’s not to blame. The entire Fortune 500, the entire billionaire plutocracy, depends on largesse from us makers — and they can only do it with government help.