RE: [SPAM]Re: Economic inequality
From: everything-list@googlegroups.com [mailto:everything-list@googlegroups.com] On Behalf Of meekerdb Sent: Wednesday, April 01, 2015 12:31 PM To: everything-list@googlegroups.com Subject: Re: [SPAM]Re: Economic inequality On 3/31/2015 10:56 PM, 'Chris de Morsella' via Everything List wrote: From: everything-list@googlegroups.com [mailto:everything-list@googlegroups.com] On Behalf Of meekerdb Sent: Tuesday, March 31, 2015 9:26 PM To: EveryThing Subject: [SPAM]Re: Economic inequality The SciAm article doesn't even begin to describe how great the inequality is. Like most statistical presentations it divides the population into quintiles. But that hides the fact that is not the to 20 to 1 percentile that hold the wealth, it is the tope 1% and even just the top 0.1% And that graph describes the source of so many of our social ills; this high degree of income distortion -- in terms of the US being an outlier, on the global distribution of developed economies -- is the fundamental driver of pretty much everything else going wrong with this country; from crumbling infrastructure, to crumbling education, to crumbling living standards. But the GDP/person is up. Those things are crumbling because the rich don't use them and so are not interested in paying for them and the rich control politicians thru campaign contributions. Precisely; we live in a country with the best government money can buy. Could this be what life is like in a crumbling empire, far out into imperial overreach, stretched thin across the globe, in the vast archipelago of bases – including places of true logistical nightmare, like Afghanistan (the logistical nightmare of nightmares…there is no feasible way to get the heavy armor out of Afghanistan, except through Russia, with Pakistan definitely not wanting mass transiting US armor. The cost of bearing empire is breaking our backs, and with each successive cycle of disaster capitalism – creative destruction, right-sizing, out-sourcing etc. the empire is in a race to scraping bottom, as all empires do. Inside the bubble of power the mantra remains “we make history” (as once boasted by one famous neocon), but on the ground it is not all going as planned… though who is going to ever bring the emperor the bad news… any volunteers? Naturally we don’t have an emperor (yet), but we do have a powerful deeply rooted patrician aristocracy that has been ascendant here for the last four decades. You seem to have overlooked the fact that what has, in the past, leveled the wealth is war. Of course that's because the government raised taxes, regulated prices, and invested in research, development, and technology as part of the war effort. The kind of total war efforts, WWII being the preeminent example, that worked in the past like gigantic Keynesian money pumps (and all the spin offs form the war effort) are not easily reproducible in today’s environment. The world we find ourselves living in today has been environmentally and resource impoverished – compared with the how the world was in 1939. The common denominator of all war is that it is the most horribly expensive activity a society can engage in. War made sense when one empire conquered surrounding weaker states and transferred their wealth to the imperial center; or even perhaps one could argue – as you have – when the resulting martialing of resources, required by the war effort, propelled a world stuck in the morass of global economic depression (the great depression era of the 1930s) out of that state of affairs. In today’s environment, with the much tighter margins (resulting from needing to acquire resources from increasingly marginal sources) I don’t think that the outcome would be a post war era of relative global prosperity, rather I think it would accelerate a global course down into hard bitten poverty and collapsing social fabrics. One can argue this point, of course, and present an alternate hypothesis, but I feel it is a salient and foundational fact of life that needs to be considered when assessing the probable outcomes of global war. After WWII the Americans victors opened up the great oil fields of Saudi Arabia and the other gulf states. The EROI of the early wells sunk in the Ghawar super giant field were around 100:1… that was a payoff! Now returns on new fields are in the order of only 8:1 or so. What would the victors of the war win? Tiny disparate challenging pockets of resources that would require very significant capital and energetic investment in order to extract the increasingly marginal yields. IMO, the world needs cooperation, if we are going to find a way out of this compounded mess we find ourselves in. Chris Brent Will it swing back the other way, as it has in the past – such as with the New Deal, or earlier with Teddy Roosevelt’s trust busting of Standard Oil; or is this just t
Re: [SPAM]Re: Economic inequality
On 1 April 2015 at 20:23, Alberto G. Corona wrote: > I don´t believe in anything that SCIAM says except in hard sciences. And > event in that I have my doubts > These kind of publications lost their credibility time ago. Well, and many > pseudoscience departments > in the universities. They are nothing but propaganda organs driven by > power and money > > Well not directly power and money, but leftist fanatism as a cover for the > seek of power and money. > > Ah, I see. "Scientific American" is full of money- and power-seeking fanatics, unlike the richest 1% of the population. -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To post to this group, send email to everything-list@googlegroups.com. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout.
Re: [SPAM]Re: Economic inequality
On 3/31/2015 10:56 PM, 'Chris de Morsella' via Everything List wrote: *From:*everything-list@googlegroups.com [mailto:everything-list@googlegroups.com] *On Behalf Of *meekerdb *Sent:* Tuesday, March 31, 2015 9:26 PM *To:* EveryThing *Subject:* [SPAM]Re: Economic inequality The SciAm article doesn't even begin to describe how great the inequality is. Like most statistical presentations it divides the population into quintiles. But that hides the fact that is not the to 20 to 1 percentile that hold the wealth, it is the tope 1% and even just the top 0.1% And that graph describes the source of so many of our social ills; this high degree of income distortion -- in terms of the US being an outlier, on the global distribution of developed economies -- is the fundamental driver of pretty much everything else going wrong with this country; from crumbling infrastructure, to crumbling education, to crumbling living standards. But the GDP/person is up. Those things are crumbling because the rich don't use them and so are not interested in paying for them and the rich control politicians thru campaign contributions. Could this be what life is like in a crumbling empire, far out into imperial overreach, stretched thin across the globe, in the vast archipelago of bases – including places of true logistical nightmare, like Afghanistan (the logistical nightmare of nightmares…there is no feasible way to get the heavy armor out of Afghanistan, except through Russia, with Pakistan definitely not wanting mass transiting US armor. The cost of bearing empire is breaking our backs, and with each successive cycle of disaster capitalism – creative destruction, right-sizing, out-sourcing etc. the empire is in a race to scraping bottom, as all empires do. Inside the bubble of power the mantra remains “we make history” (as once boasted by one famous neocon), but on the ground it is not all going as planned… though who is going to ever bring the emperor the bad news… any volunteers? Naturally we don’t have an emperor (yet), but we do have a powerful deeply rooted patrician aristocracy that has been ascendant here for the last four decades. You seem to have overlooked the fact that what has, in the past, leveled the wealth is war. Of course that's because the government raised taxes, regulated prices, and invested in research, development, and technology as part of the war effort. Brent Will it swing back the other way, as it has in the past – such as with the New Deal, or earlier with Teddy Roosevelt’s trust busting of Standard Oil; or is this just the prelude to… welcome to tomorrow? Chris http://www.voxeu.org/article/exploding-wealth-inequality-united-states Brent http://www.scientificamerican.com/article/economic-inequality-it-s-far-worse-than-you-think/ -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com <mailto:everything-list+unsubscr...@googlegroups.com>. To post to this group, send email to everything-list@googlegroups.com <mailto:everything-list@googlegroups.com>. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout. -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com <mailto:everything-list+unsubscr...@googlegroups.com>. To post to this group, send email to everything-list@googlegroups.com <mailto:everything-list@googlegroups.com>. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout. -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To post to this group, send email to everything-list@googlegroups.com. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout.
RE: [SPAM]Re: [SPAM]Re: Economic inequality
From: everything-list@googlegroups.com [mailto:everything-list@googlegroups.com] On Behalf Of Alberto G. Corona Sent: Wednesday, April 01, 2015 12:24 AM To: everything-list Subject: [SPAM]Re: [SPAM]Re: Economic inequality I don´t believe in anything that SCIAM says except in hard sciences. And event in that I have my doubts These kind of publications lost their credibility time ago. Well, and many pseudoscience departments in the universities. They are nothing but propaganda organs driven by power and money Well not directly power and money, but leftist fanatism as a cover for the seek of power and money. And it is with this ad hominem attack on the alleged slant of the source that Alberto chooses to ignore an (easily fact checkable) graph that illustrates how income distribution has changed over the last hundred years. You display such power of intellect…. Amazing! also very Ostrich-like; keep your head down Alberto, the sand is good for your brain. Chris 2015-04-01 7:56 GMT+02:00 'Chris de Morsella' via Everything List : From: everything-list@googlegroups.com [mailto:everything-list@googlegroups.com] On Behalf Of meekerdb Sent: Tuesday, March 31, 2015 9:26 PM To: EveryThing Subject: [SPAM]Re: Economic inequality The SciAm article doesn't even begin to describe how great the inequality is. Like most statistical presentations it divides the population into quintiles. But that hides the fact that is not the to 20 to 1 percentile that hold the wealth, it is the tope 1% and even just the top 0.1% And that graph describes the source of so many of our social ills; this high degree of income distortion -- in terms of the US being an outlier, on the global distribution of developed economies -- is the fundamental driver of pretty much everything else going wrong with this country; from crumbling infrastructure, to crumbling education, to crumbling living standards. Could this be what life is like in a crumbling empire, far out into imperial overreach, stretched thin across the globe, in the vast archipelago of bases – including places of true logistical nightmare, like Afghanistan (the logistical nightmare of nightmares…there is no feasible way to get the heavy armor out of Afghanistan, except through Russia, with Pakistan definitely not wanting mass transiting US armor. The cost of bearing empire is breaking our backs, and with each successive cycle of disaster capitalism – creative destruction, right-sizing, out-sourcing etc. the empire is in a race to scraping bottom, as all empires do. Inside the bubble of power the mantra remains “we make history” (as once boasted by one famous neocon), but on the ground it is not all going as planned… though who is going to ever bring the emperor the bad news… any volunteers? Naturally we don’t have an emperor (yet), but we do have a powerful deeply rooted patrician aristocracy that has been ascendant here for the last four decades. Will it swing back the other way, as it has in the past – such as with the New Deal, or earlier with Teddy Roosevelt’s trust busting of Standard Oil; or is this just the prelude to… welcome to tomorrow? Chris http://www.voxeu.org/article/exploding-wealth-inequality-united-states Brent http://www.scientificamerican.com/article/economic-inequality-it-s-far-worse-than-you-think/ -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To post to this group, send email to everything-list@googlegroups.com. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout. -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To post to this group, send email to everything-list@googlegroups.com. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout. -- Alberto. -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To post to this group, send email to everything-list@googlegroups.com. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout. -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...
Re: [SPAM]Re: Economic inequality
I don´t believe in anything that SCIAM says except in hard sciences. And event in that I have my doubts These kind of publications lost their credibility time ago. Well, and many pseudoscience departments in the universities. They are nothing but propaganda organs driven by power and money Well not directly power and money, but leftist fanatism as a cover for the seek of power and money. 2015-04-01 7:56 GMT+02:00 'Chris de Morsella' via Everything List < everything-list@googlegroups.com>: > > > > > *From:* everything-list@googlegroups.com [mailto: > everything-list@googlegroups.com] *On Behalf Of *meekerdb > *Sent:* Tuesday, March 31, 2015 9:26 PM > *To:* EveryThing > *Subject:* [SPAM]Re: Economic inequality > > > > The SciAm article doesn't even begin to describe how great the inequality > is. Like most statistical presentations it divides the population into > quintiles. But that hides the fact that is not the to 20 to 1 percentile > that hold the wealth, it is the tope 1% and even just the top 0.1% > > > > And that graph describes the source of so many of our social ills; this > high degree of income distortion -- in terms of the US being an outlier, on > the global distribution of developed economies -- is the fundamental driver > of pretty much everything else going wrong with this country; from > crumbling infrastructure, to crumbling education, to crumbling living > standards. Could this be what life is like in a crumbling empire, far out > into imperial overreach, stretched thin across the globe, in the vast > archipelago of bases – including places of true logistical nightmare, like > Afghanistan (the logistical nightmare of nightmares…there is no feasible > way to get the heavy armor out of Afghanistan, except through Russia, with > Pakistan definitely not wanting mass transiting US armor. > > The cost of bearing empire is breaking our backs, and with each successive > cycle of disaster capitalism – creative destruction, right-sizing, > out-sourcing etc. the empire is in a race to scraping bottom, as all > empires do. Inside the bubble of power the mantra remains “we make history” > (as once boasted by one famous neocon), but on the ground it is not all > going as planned… though who is going to ever bring the emperor the bad > news… any volunteers? Naturally we don’t have an emperor (yet), but we do > have a powerful deeply rooted patrician aristocracy that has been ascendant > here for the last four decades. > > Will it swing back the other way, as it has in the past – such as with the > New Deal, or earlier with Teddy Roosevelt’s trust busting of Standard Oil; > or is this just the prelude to… welcome to tomorrow? > > Chris > > > > > http://www.voxeu.org/article/exploding-wealth-inequality-united-states > > Brent > > > > http://www.scientificamerican.com/article/economic-inequality-it-s-far-worse-than-you-think/ > > > > > > -- > You received this message because you are subscribed to the Google Groups > "Everything List" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to everything-list+unsubscr...@googlegroups.com. > To post to this group, send email to everything-list@googlegroups.com. > Visit this group at http://groups.google.com/group/everything-list. > For more options, visit https://groups.google.com/d/optout. > > -- > You received this message because you are subscribed to the Google Groups > "Everything List" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to everything-list+unsubscr...@googlegroups.com. > To post to this group, send email to everything-list@googlegroups.com. > Visit this group at http://groups.google.com/group/everything-list. > For more options, visit https://groups.google.com/d/optout. > -- Alberto. -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To post to this group, send email to everything-list@googlegroups.com. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout.
RE: [SPAM]Re: Economic inequality
From: everything-list@googlegroups.com [mailto:everything-list@googlegroups.com] On Behalf Of meekerdb Sent: Tuesday, March 31, 2015 9:26 PM To: EveryThing Subject: [SPAM]Re: Economic inequality The SciAm article doesn't even begin to describe how great the inequality is. Like most statistical presentations it divides the population into quintiles. But that hides the fact that is not the to 20 to 1 percentile that hold the wealth, it is the tope 1% and even just the top 0.1% And that graph describes the source of so many of our social ills; this high degree of income distortion -- in terms of the US being an outlier, on the global distribution of developed economies -- is the fundamental driver of pretty much everything else going wrong with this country; from crumbling infrastructure, to crumbling education, to crumbling living standards. Could this be what life is like in a crumbling empire, far out into imperial overreach, stretched thin across the globe, in the vast archipelago of bases – including places of true logistical nightmare, like Afghanistan (the logistical nightmare of nightmares…there is no feasible way to get the heavy armor out of Afghanistan, except through Russia, with Pakistan definitely not wanting mass transiting US armor. The cost of bearing empire is breaking our backs, and with each successive cycle of disaster capitalism – creative destruction, right-sizing, out-sourcing etc. the empire is in a race to scraping bottom, as all empires do. Inside the bubble of power the mantra remains “we make history” (as once boasted by one famous neocon), but on the ground it is not all going as planned… though who is going to ever bring the emperor the bad news… any volunteers? Naturally we don’t have an emperor (yet), but we do have a powerful deeply rooted patrician aristocracy that has been ascendant here for the last four decades. Will it swing back the other way, as it has in the past – such as with the New Deal, or earlier with Teddy Roosevelt’s trust busting of Standard Oil; or is this just the prelude to… welcome to tomorrow? Chris http://www.voxeu.org/article/exploding-wealth-inequality-united-states Brent http://www.scientificamerican.com/article/economic-inequality-it-s-far-worse-than-you-think/ -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To post to this group, send email to everything-list@googlegroups.com. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout. -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To post to this group, send email to everything-list@googlegroups.com. Visit this group at http://groups.google.com/group/everything-list. For more options, visit https://groups.google.com/d/optout.
