Video Showing the Huge Gap Between Super Rich and Everyone Else Goes Viral

Mar 05, 2013 19:54

For much of the past decade, policymakers and analysts have decried America's incredibly low savings rate, noting that U.S. households save a fraction of the money of the rest of the world. Citing a myriad of causes -- from cheap credit to exploitative bank practices -- they've noted that the average family puts away less than 4 percent of its ( Read more... )

economics, capitalism fuck yeah, eat the rich, wealth, wages, invisible hand of the free market

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ginger_maya March 7 2013, 01:48:44 UTC
I cannot even begin to describe how entertaining this entire conversation (and the video that provoked it) is to someone like me, who spent half their life living under a brutal communist regime.

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apostle_of_eris March 7 2013, 04:03:18 UTC
Learn some real American history, kid. The brutality of the capitalist regime can be epic, too. Ask a survivor of the original peoples, or a Wobbly.
Not counting the outsourced. Seen Iraq lately? How many countries have the capitalists invaded or annihilated just since you've been here?

A joke on the streets of Moscow these days, according to World Bank staffer John Nellis, goes this way: "Everything the Communists told us about communism was a complete and utter lie. Unfortunately, everything the Communists told us about capitalism turned out to be true."

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ginger_maya March 7 2013, 12:19:11 UTC
I know about your history quite enough, and probably more than you know about the history of the Eastern Block, so spare me the patronization, thank you very much. What amuses me is that you're having the kind of fits against rich people that we had some seventy years ago. It's a tired old song for me. Excuse me if I'm not impressed.

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happythree March 7 2013, 13:59:46 UTC
Oh, and ''fits against rich people' isn't patronizing?

Socialism isn't new in this country, fyi. And communist boogie man rhetoric isn't either.

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