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Author Topic:   The Giant Pool Of Money. Implications
Riggamortis
Member (Idle past 2390 days)
Posts: 167
From: Australia
Joined: 08-15-2016


(2)
Message 297 of 423 (816841)
08-11-2017 10:32 PM
Reply to: Message 296 by Phat
08-11-2017 3:53 PM


Re: Hollowed Out Middle Class
Here's a post I made on Facebook not long after my son was born.
Rigga writes:
I used to think that the ultimate purpose in life was to acquire as much wealth as possible so that I could leave it to my children thus giving them an advantage in life and given the system we live under, it's a fairly reasonable goal.
The more I learn about the system though, the more I realise how wasteful and inhumane it is and I now see the ultimate purpose in life as being a part of the change that needs to occur to move away from a system that deifies money and puts profit at the top of the priority list.
I don't want our future generations to inherit a world/system where a child dies from starvation every 5 seconds just because there is no profit to be made in feeding them.
Are we really so selfish that we will continue to ignore the injustice in the world because we have the best of it? I hope not..
After much consideration I don't believe there needs to be any losers during the process of providing a decent living standard for everyone. The inequality is fundamentally built in and should we remove the systemic inequality to the extent possible then everyone would ultimately benefit. Rather than profiting from a predatory financial system the wealthy would profit from all the increased investment required to build the future and supply the demand created by having more people with more money to spend.
Progressive populism is the answer in my opinion.
NotMe writes:
In my view, the Sanders option remains the only principled and winning strategy in the era of Trump. To those who are now mobilizing under the banner of resistance, I suggest the counter-project of course correction. Whereas the first suggests a doubling down on progressive-neoliberalism’s definition of us (progressives) versus them (Trump’s deplorable supporters), the second means redrawing the political mapby forging common cause among all whom his administration is set to betray: not just the immigrants, feminists, and people of color who voted against him, but also the rust-belt and Southern working-class strata who voted for him. Contra Brenner, the point is not to dissolve identity politics into class politics. It is to clearly identify the shared roots of class and status injustices in financialized capitalism, and to build alliances among those who must join together to fight against both of them.

This message is a reply to:
 Message 296 by Phat, posted 08-11-2017 3:53 PM Phat has seen this message but not replied

  
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