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Forum Post: The Self-Destruction of the 1 Percent

Posted 2 years ago on Oct. 14, 2012, 7:01 p.m. EST by gsw (2733)
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18 Comments

18 Comments


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[-] 6 points by agkaiser (1314) from Fredericksburg, TX 2 years ago

The rich think they'll move on from China to Indonesia and sell to Chinese consumers, after we're gone. So you see, they won't self destruct as they destroy we the consumers who made them rich by working for them and buying their products. Ultimately, since the Earth is a finite place, they will destroy all of life. That's not certain either. I don't think the Chinese will put up with their shit!

“In the 1980s, when the business schools were first starting to rave about the service economy, I asked a business major, “What?! Do you expect to just kick back and rule the empire?” That sarcasm was a response to his assertion, during a class discussion, that we could sell ideas and management in place of manufacturing; more jobs would be created here than were outsourced was part of the vision for the glorious future, currently being propagated. In hindsight: a twenty year plan that culminated in the 2007 collapse.”

Excerpt from: How Does That Work? https://www.createspace.com/3852916

[-] 2 points by Karlin (350) from Nelson, BC 2 years ago

Poetic quote from that article: "Elites that have prospered from inclusive systems can be tempted to pull up the ladder they climbed to the top"

The Elites have taken too much. It was Nelson Rockerfeller who said "the poor are a great source of wealth" but now the poor have nothing left to spend, the consumer economy is dwindling, and only the Elites are deaf to the mutterings of a revolt.

[-] 2 points by DKAtoday (22348) from Coon Rapids, MN 2 years ago

Wallmart workers strike:

“I’ve never been part of anything like this before.”

Those are the words of an organizer who arrived at Walmart’s hometown of Bentonville, Arkansas last week, along with nearly 100 Walmart workers from across the US, to peacefully protest at Walmart’s annual investor meeting. They were joined by warehouse workers from Walmart’s supply chain who went on strike last month.

This is the first time that Walmart’s retail workers have ever gone on strike in the corporation's 50-year history, and momentum is building fast. Workers in Florida, Maryland, Texas, Washington, California, Missouri, Minnesota and Kentucky all walked off the job -- bringing the strike to a total of 12 states.

These workers don't have a union, and they are taking a HUGE risk by going on strike. But if they know that tens of thousands of people are standing with them, it will give them the boost they need to keep up the fight in the face of Walmart’s potential retaliation.

Will you sign our statement of solidarity with striking Walmart associates across the country? We’ll deliver your message directly to workers.

This is truly a historic moment to stand with Walmart workers, some of whom traveled on an airplane for the very first time in their lives to go to Bentonville and stand up for their rights.

SumOfUs.org members around the world have been standing with Walmart workers. When warehouse workers in Walmart's supply chain walked off the job last month, nearly 100,000 of us signed a petition to Walmart executives supporting their demands. The warehouse workers delivered those petitions to Walmart executives in Illinois, and the next day, they won! Workers who were fired for organizing got their jobs back and received full back pay, and workers have reported that safety conditions have improved. And just last week, we took out ads in all three local Bentonville papers calling on Walmart to stand with workers. Together, workers and SumOfUs members are going toe-to-toe with one of the largest corporations in the world -- and we have a real chance of winning.

Walmart is the largest private employer in the world, and workers have long complained of low pay and lack of benefits. Core to its business model has been to bust unions and make sure that workers can’t organize to demand decent wages and fair working conditions. But with workers in 12 states now on strike, Walmart can’t ignore its workers anymore.

Risking your job, next paycheck and livelihood to speak up for what’s right takes courage and strength. As each subsequent worker walks off the job, the power of Walmart workers around the world grows. Signing a card to workers will encourage them, but it will also show Walmart's bosses that citizen-consumers won't tolerate their race-to-the-bottom economics anymore.

Sign our solidarity statement with Walmart workers now.

In solidarity,

Emma, Rob, Claiborne, Rob, Paul, Taren and the rest of us


Further reading: Walmart's First-Ever Retail Worker Strike Spreads To 12 Cities. Huffington Post, October 9, 2012.

Walmart strikes spread to more states The first-ever walkouts by warehouse workers and store employees are a game-changer. Salon.com, October 9, 2012. SumOfUs is a world-wide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy. You can follow us on Twitter, and like us on Facebook.

Was this email forwarded to you? Click here to add yourself to SumOfUs.

[-] 1 points by freewriterguy (882) 2 years ago

sounds familiar; I remember reading scripture that said, "he that digs a pit for his neighbor shall be the one to fall into the pit".

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[-] 2 points by gsw (2733) 2 years ago

"...as the 1 percent pulls away from everyone else and pursues an economic, political and social agenda that will increase that gap even further — ultimately destroying the open system that made America rich and allowed its 1 percent to thrive in the first place....Meanwhile, of the 400 richest taxpayers in 2009, 6 paid no federal income tax at all, and 27 paid 10 percent or less. None paid more than 35 percent. " CHRYSTIA FREELAND

Thanks.

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[-] 1 points by gsw (2733) 2 years ago

Many can't agree on a solution.

Jonathan Haidt explains how conservatives and liberals view fairness differently

Read more: http://occupywallst.org/forum/romney-obama-and-the-new-culture-war-over-fairness/

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[-] 1 points by gsw (2733) 2 years ago

So, with out wars of words, and getting beyond "blaming"

how do as a country go about this?

http://occupywallst.org/forum/romney-obama-and-the-new-culture-war-over-fairness/

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[-] 1 points by gsw (2733) 2 years ago

who is going to do the prosecuting?

local courts.

And how will that lead to a new more egalitarian system?

Obama chose to sweep issues under the carpet.Republicans won't open any worm cans.

Some countries have found the need for political amnesty, after a big change, so they could move forward, like after a union has a strike, there can be an amnesty clause, so the parties can move forward and work again effectively without repercusions

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[-] 1 points by gsw (2733) 2 years ago

so it is not going to happen within the current power structure, unless as you say, there are some new local prosecutors, who wish to put themselves up as "martyrs", upsetting both sides of the political dichotomy.

and as time goes on, it is not likely to happen

unless "the people" bring up class-action suits?

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[-] 1 points by gsw (2733) 2 years ago

sounds like it could be a course of action.

do we have a second?

[-] 1 points by agkaiser (1314) from Fredericksburg, TX 2 years ago

Hmmm?

  • the practice of disinformation which has become rampant

The specious reasoning of the 90% and most of the 9% was cultivated by constant repetition of the 'disinformation.' I've called it thought conditioning or conditioned responses of the mind.

  • the extraction of wealth from the economy - which is the source of the pressure to privatize social security

The same process of conditioning blinds the wage slaves and victims of the fraud of finance to the nature of the economic system that threatens our existence in service to the rich.

  • our economic theories themselves

The same as the previous.

The only thing I see to do at this time is what I've been trying to do for more than twenty years: repeat the truth . . . over and over and over again, until the fools awaken.

Read: How Does That Work? https://www.createspace.com/3852916

[-] 1 points by gsw (2733) 2 years ago

I agree with what you say:

this is cultural values, education.

we need a way as a society to explore these issues.

There is not a means in which to do that in our current system.