Posts Tagged ‘middle class’

If you’re like most people in the United States, you’re working 60 or more hours a week and taking home less spending power.  In addition to the past decade of wage stagnation or reduction, prices of goods and services necessary to sustain life have continued rising.  Although the US inflation rate is under 2%, consumers’ ability to purchase has decreased over time specifically because of what is now called “quantative easing”.  That’s where the Federal Reserve prints money and lends it to banks for them to decide whether or not to lend it to business and individuals.  This injection of money into the system is intended to stimulate the economy to return to prosperity.  When the money is used for long term investment, reinvigorating enthusiasm and hope, this process can indeed be like a shot of adrenalin to a shock victim.

The reason we can print unlimited supply of dollars is because we no longer use gold or other uniform standard by which to establish value.  It’s like pledging a drawing of your home as collateral for the loan.  The drawing, while looking good on paper, is worth what the holder thinks its worth.  If you happen to be a famous artist, you can command big bucks for throwing paint on a canvass.  But if you are like most of us, no matter how talented you are, after two weeks on the fridge, the drawing of your house is fit for the recycle bin.  This is called the fiat money system.

I saw a music video that sums it up nicely on YouTube.

It’s time to rethink what kind of world we are creating.

There is a lot going wrong with the world today.  It is a make-or-break time in human history.  We can choose to keep believing in the American Dream with capitalism as its engine or we can look around and see it isn’t working because of one deadly sin:  Greed.  It is the responsibility of every corporation to increase shareholder wealth, at any cost.  Destroying the planet and human life is called collateral damage and tolerated as long as it costs fewer dollars.

Today’s pink slips are no longer due to insufficient volume requirements.  Employees are called upon to work longer hours, completing the work of those laid off.  Now companies terminate employees for short-term profit, making Wall Street smile.  Those left behind endure unreasonable expectations so they eliminate all “unessential” steps.  Unfortunately, the only “essential” step in business is one that immediately demonstrates revenue, regardless of quality or ethics.   When uncertainty and fear permeate the masses, decisions made by the people who comprise corporate America are directed toward self preservation, and hording becomes the norm.  Corporations reap huge profit and save, rather than invest at a time of market transformation; further eroding the foundation upon which our society is based.

Now that America, the poster child for capitalism has splatters of innocent citizen blood, the reputation celebrating democracy and capitalism is tainted.  After being exploited since the Industrial Revolution, those who developed technology, innovation and workmanship are more expensive than labor people in developing nations.  Outsourcing is the only rational decision any business executive can make because his job is to increase share holder wealth at any cost.  People’s lives are destroyed as their ability to food and shelter evaporates.  Life, liberty and pursuit of happiness, cornerstones of the country, are guaranteed … according to your ability to pay.

This degree of corruption is unfathomable for a freely elected government.  Conventional wisdom suggests offenders would be exposed voted out of office.  But that isn’t the norm.  Instead, government officials that successfully keep constituents in enough fear to surrender liberties get polished by the political establishment and supported in an unimaginable web of deception.  Capitalism is supposed to reward the highest value to society but instead, bestows financial manna to whoever can market it best and make it cheapest.  In a demonic dance, corporate and government mingle until their minds are as one, focused on control of resources by the elite.  It is sad to add that the masses are considered elite resources to be controlled.

Centrally owned media fills the air waves with mentally addictive formats to establish various elite-sponsored perspectives, giving an illusion of creative thought and self-governance.  Corporations spend as much money as necessary to support specific political campaigns through elaborate marketing strategies designed to fool the public into believing government officials work for us.  Exercising voting rights is like being asked to choose which convicted sex offender to hire as your nanny.  It’s a very bad joke by the elite at the expense of the masses.

About 40 years ago, the United States Corporation abandoned the gold standard of money.  Like a credit card, fiat money can be used wisely in an investment for long-term productive reasons – as long as the balance can be paid off at a reasonable rate of interest.  Unfortunately, with the questionable practice of the Federal Reserve, a private/pseudo governmental agency, printing fiat dollars and lending them to banks, combined with fractional banking, lending many times more dollars than they have in deposits, there will never be enough money in circulation to pay off even the interest, much less the principle.  This is called a debt-based currency.

Our fiat system of money has been an open credit card for the wealthy and influential interests of the world.  They took us off the farms with self-sufficient life styles to make them richer, creating a dependent on corporate America to earn our daily bread.  As reward for our success, millions of once productive members of society fall toward poverty through unemployment while everyone else works at least full-time and a half, just to scrape by.

This is not an American problem alone.  The world money supply is based on the American dollar.  Unemployment, famine, disease and homelessness encroach upon an ever increasing mass of people all over the earth.  People are organizing against injustice, peacefully demonstrating in large numbers at government and businesses around the world.  The good news is that there are more of us than there are of them.  We still have a voice and we’re raising it in unity with diverse and distant people across the globe.  Our hope is in the numbers.

If you work harder and longer for less, look at the unemployed and see your future.  Will it be in 5 years, 5 months or 5 days?  I don’t know.  But if you think you’re immune, you’re probably not.  Skills, experience and education mean nothing when your industry gets flushed.  Or a computer program you designed to make yourself more productive is operated by a clerk you hired and then you get the axe.  After 6 months or a year of diligent job searching, your next best thing might be at 50% of your former wage.  Governments also reduce their workforce as more and more people require services.  But that’s okay because funding to feed the hungry, house the homeless and provide medical care for the unfortunate is vanishing anyway.  Just about no one is “safe” from the economic collapse.  Any perceived financial stability you have is a mirage.

If you work harder for less, look around and see how many other people are feeling the same way.  Then look at those people whose job you’re doing to make your company rich and realize the unemployed people are not to blame for your suffering.  They are early collateral damage in the middle class meltdown.  Fiat money is the vehicle used to transport your investment dollars and work hours into the pockets of very rich.

You can either read this and say “they can take care of themselves or die” because you’re already busting your tail just to lose ground or you can consider yourself fortunate, do your own research about demonstrations, petitions, legislation, wars, etc. and join with others taking action to make the world better for everyone.

Advertisements

In this time of crisis, many people wonder if Capitalism has failed the Middle Class.  With the stock market crash, dangerously high unemployment expectations, a health care crisis, the credit crunch and a plunging real estate market, many people who followed the rules of engagement, believing in the ideals and rewards of Capitalism find themselves fighting for survival against an invisible enemy.  Unfortunately, like a drowning victim endangering his rescuer, the middle class focuses anger on the first person we can grab; one another.

The divide and conquer strategy for success is well documented.  Sourcewatch.org states “Divide and conquer refers to the common strategy of seeking to cultivate neutrality or support from those considered ‘moderates’ as a way of undermining and marginalising those deemed the ‘radicals”.  This frustrates me so I’ve been doing some research:

Wikipedia.org explains “In politics and sociology, divide and rule (derived from Latin divide et impera) (also known as divide and conquer) is a combination of political, military and economic strategy of gaining and maintaining power by breaking up larger concentrations of power into chunks that individually have less power than the one implementing the strategy. In reality, it often refers to a strategy where small power groups are prevented from linking up and becoming more powerful, since it is difficult to break up existing power structures”.

An Article called “Capitalism and the decline of the middle class” By Mary Sanchez, Kansas City Star Columnist says “Consider the findings of the 2009 “MetLife Study of the American Dream,” released in March: Half of all respondents admitted they were one or two paychecks from ruin. If they lost their jobs, within a month, 50 percent of the people polled admitted they would not be able to pay their bills.

An additional 28 percent said losing their job would find them unable to pay their bills within two weeks. More than a quarter of people earning $100,000 said they’d be insolvent after a month of unemployment.

That’s not middle class stability as most people would define it. No doubt this situation owes much to the recent crash in home prices and the cratering of the stock markets. But that’s another way of saying that many Americans were simply never as upwardly mobile as they had assumed, or deluded themselves into thinking they were”.

An internet reviewer named Matt on Listmania has a very interesting article called “Middle class –anti Capitalism” that reads “The list author says: “The word “Capitalism” refers to the penetration of capital into the sphere of manufacturing. It isn’t used (correctly) to refer to simply the presence of trade between people. The correct definition … refers to a monopolization on the means of production by a minority, and the employment of wage labor, wage laborers constituting the majority of society. Anti-capitalism is not an attempt to crush the inevitable (and admirable) desire of human beings to trade things, to produce things, to be entrepreneurial, and to improve their lot in life through their own hard effort. Rather, it comes down to one simple thing: the desire to eliminate wage labor as the basis, or even a part, of the economy. Wage slavery is a social problem, and it requires a social solution…The so-called “middle class” is affected by this problem every bit as much as manual workers… It is a fallacy that capitalist ownership relations are in the ultimate interest of anyone but those select few who make their living primarily from ownership and not from working. These people, the true capitalist class, contribute nothing useful to society; they simply manipulate money”.

Other people claim Capitalism is doomed to fail.

In an article called “Is American Capitalism Doomed To Fail” from 13 October, 2007, G Asgar Mitha says “(Capitalism)’s been around for ages but it’s never developed so many ugly heads since taking a rebirth in the US only a mere century ago. There is nothing wrong with capitalism so long as the objectives are honest to benefit mankind. The objective of American capitalism, as it now has become, is to create wealth in the hands of those few who are greedy, have no scruples, principles and conscience, who tap market forces to loot the unfortunate many and finally go out and indiscriminately massacre and murder anywhere and everywhere so that they can exhaust their inventory of weapons of mass destruction and replenish these with even more deadlier ones… It wants to control energy resources and lanes so that it can dictate who gets the oil, how much and at what price. It has to manufacture wars on the most flimsiest of pretexts so that it can continue to churn out weapons of mass destruction (WMDs)… American capitalism manufactures needs through the medium of advertisements and, also through banks which fuels capitalism by the credit mechanism… American capitalism is not content at destroying its own citizens… Super malls and expensive stores have been built in Doha and Dubai to empty the pockets of the medium class nationals but not the rich who shop in the capitals of the capitalist countries paying exorbitant sums of money for the latest in designer goods. No matter where one goes, it’s the same story. American capitalism has been exported to every nook and corner of the earth. Even China. The handfuls of countries that are not touched are its potential future victims.

A blogger named Socialist Wolf says “Yes, capitalism is doomed to eventual failure and collapse. This fact can be easily proven with just 3 prepositions. 1)  A capitalist economy must expand in order to remain healthy 2) Expansion requires resources 3) Resources are finite within the universe.  Thus we find that there comes a point, wherein there are no resources free to be used for expansion. As expansion halts, the capitalist economy withers and dies. We see here that due to no future expansion (there aren’t any resources with which to expand), the economy cannot grow. (Even in an information based economy there comes a point when everything is known). Without the expectation of growth, there will be no investment, as there will be no return on investment. Short run Aggregate Supply will fall, as it is no longer profitable to produce. As SAS drops, unemployment will run rampant, and as no one has money to purchase goods and services, the economy collapses under it own dead weight”.

The Zeitgeist Movement believes “[F]ree market capitalism in the form of the trade uses debt to imprison the world and manipulate countries into sub servants to a handful of large business and political powers. Apart from these obvious immoralities, the system itself is based on competition, which immediately destroys the possibility of large-scale collaboration for the common good. Hence paralyzing any attempt to a true global sustainability”.

Many religious and spiritual communities claim to prophesize natural, economic, medical, educational, religious and governmental demise we seem to be witnessing today. What more and more people seem to agree on is the necessity for a shift in human and social consciousness. “Until very recently the transformation of human consciousness … was no more than a possibility, realized by a few rare individuals … irrespective of cultural or religious backgrounds.  A widespread flowering of human consciousness did not happen because it was not yet imperative.  A significant portion of the Earth’s population will soon recognize, if they haven’t already done so, that humanity is now faced with a stark choice:  Evolve or die.”

The Galactic Research Institute says “Great discoveries occur because the time demands them. The more urgent the need, the more necessary is the discovery. The Law of Time was unearthed to facilitate an unprecedented shift in human consciousness. Only by such a shift can the global crisis be resolved and surmounted.

By 2012, according to the Law of Time, we must be ready for this shift, the unparalleled transition into the next stage of our evolution, the noosphere. This signifies the attainment of a unified field of planetary consciousness”.

The Lightworker’s Spiritual Network says “The human family is in the midst of the most significant transformation of consciousness since its emergence in Africa over one hundred thousand years ago. Consciousness has been evolving for billions of years from the first cell to us. We are becoming aware that through our own consciousness the universe can know itself. This awareness reveals incredible new potential for our individual and collective humanity”.

The economic collapse has robbed the middle class of rewards promised long ago.  For decades, the practice of Capitalism has descended through the bowels of hell, feverishly fashioning a web of deception that is now at the point of implosion. All but the ruling rich have felt the impact of this devastation. The ruling rich is an infinitesimal portion of the human population.

“The Masses” have a decision to make:  Succumb to the “divide and conquer” strategy of the ruling rich or come together for meaningful, lasting change. Listen to opposing points of view. Recognize information generated by mainstream media is filtered threw a labyrinth of ownership interests to distract attention from the well being of the masses. Recognize that Capitalism is about exploitation of resources. Exploit your own resources (ability to learn, communicate, research, formulate opinion, negotiate equitable terms), take personal and professional responsibility to enforce justice, expose corruption and affect reformative practices, abide by your own beliefs in daily life, restore passion to your life, engage compassion and unite with the masses.