Peak Inequality: The .01% and The Impoverishment of Society
Beyond these baseline costs, looking at moderate costs for a family of four owning a home in a median family area, with one car, education and retirement costs factored in, it will cost $130k a year. Add a third child and a second car into the mix and it will cost roughly $150k a year. Only 1.46% of the overall population makes over $150k per year. In other words, in the current economy, the average traditional American Dream is only attainable for the 1%. The 99% has been mathematically eliminated from the traditional American Dream. If they want to have a family and own a home, they are now sentenced to a lifetime of economic insecurity and ever-increasing debt.
Conditioned Consciousness: How the .01% Gets Away with Trillions
… many of us feel powerless to change things. It is stunning to hear so many people say that they can’t do anything about it. Far too many people think that we can’t create change; that is the primary reason why we don’t. Why do you think that we can’t change the world? How did you come to that conclusion? Who taught you to believe that?
The Victory of ‘Perception Management’
We should also ask why, after the Vietnam War debacle, do we now think war is so indispensable?
Though Reagan’s creation of a domestic propaganda bureaucracy began more than three decades ago – and [Senior] Bush’s vanquishing of the Vietnam Syndrome was more than two decades ago – the legacy of those actions continue to reverberate today in how the perceptions of the American people are now routinely managed. That was true during last decade’s Iraq War and this decade’s conflicts in Libya, Syria and Ukraine as well as the economic sanctions against Iran and Russia.
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Rupert Murdoch’s media empire is bigger than ever, but his neocon messaging barely stands out as distinctive, given how the neocons also have gained control of the editorial and foreign-reporting sections of the Washington Post, the New York Times and virtually every other major news outlet. For instance, the demonizing of Russian President Putin is now so total that no honest person could look at those articles and see anything approaching objective or evenhanded journalism. Yet, no one loses a job over this lack of professionalism.
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At this advanced stage of America’s quiet surrender to “perception management,” it is even hard to envision how one could retrace the many steps that would lead back to the concept of a democratic Republic based on an informed electorate. Many on the American Right remain entranced by the old propaganda theme about the “liberal media” and still embrace Reagan as their beloved icon. Meanwhile, many liberals can’t break away from their own wistful trust in the New York Times and their empty hope that the media really is “liberal.”
There is still hope …
The Coming Revolution: Evolutionary Leap or Descent into Chaos and Violence?
The ultimate point is that there is presently more than enough wealth and capabilities to solve societal problems. We can truly evolve society in unprecedented fashion. We live in the most wealthy and technologically advanced society in the history of civilization. In the US, we have $94.4 trillion in wealth. People should not have to struggle and be buried in debt to get basic necessities and live a healthy life.
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Most people are unaware of the paradigm shift in technology and wealth creation that should have provided economic security and made life much more enjoyable for everyone well over a generation ago. We haven’t evolved the political and economic system because the mainstream media has not revealed to the general public that we have $94.4 trillion in wealth, with $25 trillion of it unused. If people knew that this much wealth existed, and could comprehend the implications of what could be done with just a fraction of it, we would have a revolution.
At this point, a significant portion of the population knows that our present system is unsustainable and unstable, even many of the richest .01% will now acknowledge that. We already have a critical mass of aware citizens, we just need to inspire and organize them to build the cultural and political will.
Alas, the horrifying socio-economic reality haunts me; after extensive research, it is clear that we don’t have much time left before we descend into chaos. If we want to change things through nonviolent methods, the window of opportunity is closing fast. We need to radically intensify the pace in which change is occurring. The .01% and political class must urgently acquiesce to the needs of the people. As John Kennedy once said, “Those who make peaceful revolution impossible will make violent revolution inevitable.”
The statistical evidence is clear.
We have reached the tipping point.
Revolution is coming, one way or the other.
Two views on the coming progressive revolution:
An independent progressive movement by Houston Blogger Perry Dorrell
The strongest argument for a progressive movement, independent or third-party, remains that the two corporate political parties are still essentially one; half of the duopoly is just meaner and more cruel than the other. Do ya really think the disparity between Hillary Clinton and Jeb Bush makes up enough of a difference to motivate the 2/3rds of Americans who did not vote in 2014 to storm the ramparts supporting one or the other? …
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So where does that leave an independent progressive movement? Same place it’s been for a while: sitting at a standstill. So what options remain for a progressive revolution? Let’s begin at the beginning: progressives must vote. Period, full stop. They also have to cast ballots in the Democratic Party primary occasionally, for the kind of candidates they want to see nominated by that party. And when the Democrats fail to nominate those candidates, then independent progressives have to vote for Greens — or Socialists, or independents who are aligned with the left — on every single ballot line they appear. That’s the only way that there will ever be a progressive revolution in the Democratic Party. There will be no change made otherwise.
Fight for Our Progressive Vision by Bernie Sanders
First and foremost, against an enormous amount of corporate media noise and distraction, it is imperative that we not lose sight of what is most important and the vision that we stand for. We have got to stay focused on those issues that impact the lives of tens of millions of Americans who struggle every day to keep their heads above water economically, and who worry deeply about the kind of future their kids will have.
Yes. We make no apologies in stating that the great moral, economic and political issue of our time is the growing level of income and wealth inequality in our nation. It is a disgrace to everything this country is supposed to stand for when the top one-tenth of 1 percent owns almost as much wealth as the bottom 90 percent, and when one family (the Waltons) owns more wealth than the bottom 40 percent. No. The economy is not sustainable when the middle class continues to disappear and when 95 percent of all new income generated since the Wall Street crash goes to the top 1 percent. In order to create a vibrant economy, working families need disposable income. That is often not the case today.
