General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDear America: You Should Be Mad As Hell About This [CHARTS]
If you like charts, this article brings the charts, and pictures.
http://www.businessinsider.com/dear-america-you-should-be-mad-as-hell-about-this-charts-2012-6?op=1
...snip... Over the past couple of decades, the disparity between "the 1%" and everyone else has hit a level not seen since the 1920s. And there is a widespread and growing sense that life here is not fair or right.
If America cannot figure out a way to fix these problems, the country will likely become increasingly polarized and de-stabilized. And if that happens, the recent "Occupy" protests will likely be only the beginning.
The problem in a nutshell is this:
In the never-ending tug-of-war between "labor" and "capital," there has rarelyif everbeen a time when "capital" was so clearly winning.
And that's not just unfair
...snip...
... while CEOs and shareholders have been cashing in, wages as a percent of the economy have dropped to an all-time low.
Complete article with tons of charts:
http://www.businessinsider.com/dear-america-you-should-be-mad-as-hell-about-this-charts-2012-6?op=1
It really looks like something has fundamentally changed in America and maybe we haven't adjusted yet.
Lasher
(27,602 posts)rrHeretic
(52 posts)I'm shocked! I NEVER knew what I was feeling so crappy these past decades but now I know - the rich are getting richer and the rest of us are totally screwed. LOL
And regarding the other comment about it looking like it began in 1980 - I wanna say "DUH - ya think so?" I mean, really - where has everyone been? I and others have been screaming about this forever but no one has really paid attention. I guess people are too busy trying to figure out what caused this depression we're in. LOL
mmonk
(52,589 posts)shcrane71
(1,721 posts)Historically, how did workers break the shackles of serfdom?
Fawke Em
(11,366 posts)Zalatix
(8,994 posts)Which is why I say that if we let serfdom return, we will never escape it.