Sunday, November 7, 2010

Consequences of Wealth Dispariites part 2

I've been spouting off about wealth disparity on, and off now for years. You can go back in this blog and see that I've touched on it numerous times. It seems to be coming more and more to the forefront. Nicholas Kristoff has written an excellent piece on the matter in his latest NY Times column: "Our Banana Republic"
http://www.nytimes.com/2010/11/07/opinion/07kristof.html?partner=rss&emc=rss .
He mentions how our wealth disparity is much worse than some of the countries we loved to call Banana Republics. He then goes on to claim that the real divide in this country is the split between corporate interests and average citizens. The Supreme Court has ruled this year that a corporation is extended the same first amendment rights as actual people when it comes to donating money. This is the prime example illustrating how if there is a war of capital vs. labor in this country (to borrow an old concept that should be brought back), the capital is crushing the labor.
You almost can not get ahead on your own merit, if you live in a major metropolitan area and are a salaried worker. The jobs that used to support that possibility have all been off-shored. And whats worse, is that the liberals in this country continue to support a democratic party that they believe supports their ideals for a more balanced economy, but it was the Clinton Administration that actually got the ball rolling in the free trade arena. For some reason Americans love stuff that has the word "free" in it (free trade, free market, free-dom), but in this case, free trade doesn't really mean trade in the way you think. For some reason stupid middle americans love how this sounds because it appeals to their sense of fairness. But it will not only never benefit anyone who doesn't own a large company that sells or busy things from China, it will most definitely hurt you. It will most likey involve the loss of a job, or the necesarry reduction in wages to keep your job here. Not enough people seem to get this. I didn't. Free trade actually appealed to my sense of fairness. But I realize now that it doesn't work for us. It may work great for a C-level executive of a fortune 500 company; or for anyone who works fairly high up the food chain in such a place. But it will only make everyone elses life worse. Its great that shit at walmart costs 10% less than it would w/o globalization, but that doesn't do you any good if you don't have a job. So the first problem is that not enough people "get it". The second problem is that even if they do, they don't realize that neither party is putting forth ideas that help.
There are millions of unemployed/underemployed people, many living in the upper midwest "rust belt". They have lost all their manufacturing jobs, which are not coming back. What do you propose that these people do? Where are the jobs that are going to allow them to make enough money to buy a house, save money for a nice retirement and be able to put their kids through college. Because without the opportunity to do that, nobody is going to be happy. That is really all the american dream boils down to. It used to be that if the majority of the people had a chance at the very modest aforementioned life, we were happy. But it seems now that we'd rather craft a society where 1 in 1000 people are going to "make it" (however possible) and have millions and millions; and everyone else will struggle. Nobody on capital hill wants to help you if your poor. They don't care about you. The wealth disparity will keep growing, and this is definitely not sustainable.

Obviously, politicians only want to get elected. So they push issues that are easy to understand and get people riled up: immigration, abortion, government spending (without actually outlining percentages of GDP, and putting the spending in perspective), and gun rights, just to name a few. When there are so many more important issues that just don't get discussed. This is mainly because they are complicated issues that are impossible to be on one side or the other. They are not two sided. There is no for or against when the question is "how should government spend its money?", or "how do we get more well paying jobs for people with bachelors degrees or less?", "how do we balance off our trade deficit?", and even, "how far is too far when police put GPS units on peoples cars?". A discussion about any of those issues will not increase ratings at msnbc or fox. Thus, politicians waste little time talking them up. "If you always do what you always did, you'll always get what you always got", may be a stupid corporate slogan to make you work harder, but it carries an important message. Dems and Repubs are just pepsi and coke. You may prefer one flavor slightly to the other, but so long as you are drinking either you are still rotting your teeth.

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