Msg. 35743 of 45651 (This msg. is a reply to
35741 by
capt_nemo)
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capt nemo Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few.
...no it hasn't. If yer talkin about the middle east, it is an oppressive govt they are protesting. If your talking about the OWS folks, they don't know what they are protesting. This isn't even a tempest in a teapot. It's more like a wave on a slop bucket.
Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!
Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democracy, 1 percent of the people take nearly a quarter of the nation’s income—an inequality even the wealthy will come to regret.
By Joseph E. Stiglitz Illustration by Stephen Doyle
The justification they came up with was called “marginal-productivity theory.” In a nutshell, this theory associated higher incomes with higher productivity and a greater contribution to society.
It is a theory that has always been cherished by the rich. Evidence for its validity, however, remains thin. http://www.vanityfair.com/society/features/2011/05/top-one-percent-201105
I beg to differ , Contribute what exactly???? As far as I can see they contributed to acquiring the biggest chunk of the working mans wealth. Been a long planned, plan, that is coming to a head soonnnnnnnnn. LOL HEY , I can hope.
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