07-23-2020, 01:33 PM
(07-23-2020, 11:27 AM)Bob Butler 54 Wrote: The old unraveling approach took the benefits of increased production efficiency, steered to much of the profits into a huge wealth difference between the elites and the working people, froze the length of the work week and retirement age, minimized things like benefits and labor unions which attempted to steer wages towards the working man, minimized domestic spending aimed at helping the working man and focused on the manufacture of luxuries. I would think all this will have to be rethought. The elitism and racism of the Republican Party does not make me think they are likely to be the ones to do the rethinking...
An excellent description of the current state and its effects. Why this is not obvious to most working people is a mystery. Then again, it might not be. In fact, it may be aspirational: getting high enough in the pecking order to get in on the kleptocracy. I can't find any other excuse. In a way, that would be better, because the realization is already there. When the aspiration becomes untenable, maybe then we get real change. We may be there ... finally.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.