I think that much of the money held by the 1% crowd was obtained by legal monopolies. It is a shame that the regulators have not prevented this from occurring, but instead have encouraged it. True competition would prevent this from happening in most cases since the profits are substantial for those participating, and the various laws should be adjusted to break up such concentrations of power.
Dave -----Original Message----- From: Paul Breed <[email protected]> To: vortex-l <[email protected]> Sent: Mon, Mar 4, 2013 11:16 am Subject: Re: [Vo]:OT: Wealth and Inequality in U.S. The only thing shown to reduce income disparity is a freer market, yet that is the one thing not currently discussed. On Mon, Mar 4, 2013 at 7:18 AM, Peter Gluck <[email protected]> wrote: Inequality is a law of Nature. Now, when we are living in Moneytheism, it is applied to wealth, in the dawn of the human societies it was already applied to power. (who has invented kings, emperors, dictators?) Re-read please the chapter about Mediocristan and Extremistan in the "Black Swan" by N.N. Taleb a great book to be read by LENR workers of all ages,too. Democracy can scratch a bit at the surface of Inequality but cannot change the situation much. Peter On Mon, Mar 4, 2013 at 5:02 PM, Jed Rothwell <[email protected]> wrote: That is depressing. The facts described in it have been widely known for decades. It is like the extreme cost variations of healthcare described in Time magazine the other day. Educated people know about it but it is not considered politically correct to discuss it in the mass media or during political campaigns. - Jed -- Dr. Peter Gluck Cluj, Romania http://egooutpeters.blogspot.com
