The “glories” of capitalism: the death-dealing and growing gulf between the rich and the poor…
As I explain in my series of posts “Dictatorship USA – A Plundering and Predatory Nation,” gross and growing ineqality, mass hardship and poverty are brutal realities in even the most powerful imperialist country.
That most powerful capitalist country in the world – the United States of America — is “where 80 percent of Americans live: the low-wage sector. Here, the world of possibility is shrinking, often dramatically. People are burdened with debt and anxious about their insecure jobs if they have a job at all. Many of them are getting sicker and dying younger than they used to. They get around by crumbling public transport and cars they have trouble paying for. Family life is uncertain here; people often don’t partner for the long-term even when they have children. If they go to college, they finance it by going heavily into debt. They are not thinking about the future; they are focused on surviving the present. The world in which they reside is very different from the one they were taught to believe in” (The Vanishing Middle Class: Prejudice and Power in a Dual Economy, Peter Temin, Professor Emeritus of Economics at MIT).
Not only in the US…
“Rising Income Inequality Is Throwing The Future Of Capitalism Into Question… The widening gap between the rich and poor has emerged as one of the biggest threats to the global economy, said the World Economic Forum… Worsening income inequality can’t be remedied by higher economic growth alone and is casting doubt on the very future of capitalism… (Forbes, Jan. 11, 2017)
While the very rich get richer, much richer…
“The U.S. added 300,000 new millionaires in 2015, bringing the total to a record 10.4 million.” (“Record number of millionaires living in the US,» CNBC, March 7, 2016)
There are 540 billionaires in the US (Forbes, March 1, 2016), who make up 0.0000017% of the 318.9 million population!
“The U.S. — with $63.5 trillion in total private wealth — holds the largest amount of any country in the world. But that wealth is unevenly distributed, and nowhere is that more evident than in the U.S., which also has the largest wealth inequality gap of 55 countries studied… America’s wealth inequality is even more gaping its income inequality» (Fortune, Sep 30, 2015).
«The billionaires who make up the Forbes 400 list of richest Americans now have as much wealth as all African-American households, plus one-third of America’s Latino population, combined. In other words, just 400 extremely wealthy individuals have as much wealth as 16 million African-American households and 5 million Latino households» (Inequality.org).
This growing, people-killing gulf between the rich and the poor is an INEVITABLE, INGRAINED feature of capitalism. This monstrous gap is not an aberration; it is not the product of some policy error or unfortunate set of circumstances.
The “market economy” is BASED ON the exploitation of the many by the few – most exploitation in fact by the very few. Over time, the capitalist class – especially the big bankers and major exploiters – acquire more and more profit AT THE EXPENSE OF working people. This process is IRREVERSIBLE – until such time as a revolutionary uprising replaces capitalism with socialism.
Face the facts, imperialism-lovers!
Правительство США жестоко нарушало мои права человека при проведении кампании террора, которая заставила меня покинуть свою родину и получить политическое убежище в СССР. См. книгу «Безмолвный террор — История политических гонений на семью в США» — «Silent Terror: One family’s history of political persecution in the United States» — http://arnoldlockshin.wordpress.com
Правительство США еще нарушает мои права, в течении более 13 лет отказывается от выплаты причитающейся мне пенсии по старости. Властители США воруют пенсию!! Всё это — ещё доказательство, что настоящий действующий закон в США — Закон джунглей.
ФСБ — Федеральная служба «безопасности» России — вслед за позорным, предавшим страну предшественником КГБ, выполняет приказы секретного, кровавого хозяина (boss) — американского ЦРУ (CIA). Среди таких «задач» — мне запретить выступать в СМИ и не пропускать большинства отправленных мне комментариев. А это далеко не всё…
Арнольд Локшин, политэмигрант из США