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Economic regression

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Economic regression

Unread postby dolanbaker » Sun 15 Sep 2013, 05:33:00

From another thread, but it may make more sense to start a new one.

$this->bbcode_second_pass_quote('', '')$this->bbcode_second_pass_quote('Loki', 'A')nother dirty little detail about the chimerical recovery:
$this->bbcode_second_pass_quote('', '
')95 percent of the income gains reported since 2009 have gone to the top 1 percent. That compares with a 45 percent share for the top 1 percent in the economic expansion of the 1990s and a 65 percent share from the expansion that followed the 2001 recession.

http://abcnews.go.com/US/wireStory/top- ... e-20213135

It seems to me that the economic world is reverting to a pre-industrial status quo, one where you have a small elite followed by a relatively small professional class, tradesmen and then the rest(workers)!

Before the industrial revolution, most people were on a subsistence level of income that covered their basic essentials and nothing else (today that's classed as poverty). Industrialisation brought most of these people into a situation where they had to earn more to remain in the workforce as they now had to buy stuff rather than be almost self sufficient in their previous lives. Chinese workers are experiencing this right now in the same way as English workers did 200 years ago.

During the second half of the 20th century werkers were in great demand and were able to obtain a much larger larger share of the cake which in turn bumped of the share to the tradesmen & professionals, this trend has now stopped and has been in reverse ever since globalisation took hold in the 1990s
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Re: Economic regression

Unread postby americandream » Sun 15 Sep 2013, 08:32:47

$this->bbcode_second_pass_quote('dolanbaker', 'F')rom another thread, but it may make more sense to start a new one.

$this->bbcode_second_pass_quote('', '')$this->bbcode_second_pass_quote('Loki', 'A')nother dirty little detail about the chimerical recovery:
$this->bbcode_second_pass_quote('', '
')95 percent of the income gains reported since 2009 have gone to the top 1 percent. That compares with a 45 percent share for the top 1 percent in the economic expansion of the 1990s and a 65 percent share from the expansion that followed the 2001 recession.

http://abcnews.go.com/US/wireStory/top- ... e-20213135

It seems to me that the economic world is reverting to a pre-industrial status quo, one where you have a small elite followed by a relatively small professional class, tradesmen and then the rest(workers)!

Before the industrial revolution, most people were on a subsistence level of income that covered their basic essentials and nothing else (today that's classed as poverty). Industrialisation brought most of these people into a situation where they had to earn more to remain in the workforce as they now had to buy stuff rather than be almost self sufficient in their previous lives. Chinese workers are experiencing this right now in the same way as English workers did 200 years ago.

During the second half of the 20th century werkers were in great demand and were able to obtain a much larger larger share of the cake which in turn bumped of the share to the tradesmen & professionals, this trend has now stopped and has been in reverse ever since globalisation took hold in the 1990s


The extraction of labour surplus is unique to capitalism with its massive reservoires of urbanised labour, worldwide. However, consolidation also continues at a frenzied pace as capitalists compete for a larger share of the particular market, (with the threat of deflation always present in the rush to globalisation, the compulsion to consolidate accumulation leads to all sorts of intriguing arrangements (from new tradeable instruments to joint ventures, partnerships and mergers in supposedly "communist" states).
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Re: Economic regression

Unread postby Paulo1 » Sun 15 Sep 2013, 09:32:29

While all this is true, many folks are sleepwalking through life....glued to their phones and reality tv shows. No anger yet, and the banksters still freely show their faces, nay, parade centre stage with their political minions. Nary a pitchfork in sight. So adept have the thought makers re-worded the contract to include 'entitlements' and scared the common man in to accepting that 'maybe we didn't deserve' affordable health care or dignified retirement, protests are non-existent. People are keeping their heads down, working more, and hoping to get through and get by.

Perhaps the student loan debacle will kick start change. The king makers were so big on globalisation, but failed to appreciate that in a gobalized world there is no place to hide forever. Can you imagine if US or Europe unravelled like Egypt? Things could get ugly pretty fast. I am surprised it is so quiet.

regards....Paulo
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Re: Economic regression

Unread postby BobInget » Sun 15 Sep 2013, 15:22:49

Many of us from a generation of 1930's labor movement parents who were peace or civil rights activists in the 1960's fully expected a period between 1990 and 2000 to be another time of protest. Wrong!
War parties learned valuable lessons from Vietnam. Getting rid of the draft was absolute brilliance.
How many teach-ins, demonstrations, peace marches, did you hear about during the last decade of war?
But cracks are beginning to show. It was a Republican Congressman from Virginian Military District, who First circulated the letter among others in Congress that forced Obama's hand permitting public input on a planned, ill conceived IMO, Syrian intervention. THAT certainly has never happened before.
There seemed no doubt this Congressman was prompted by his military constituents to do what he was asked to do. By delaying the strike, 'The People' from Left to Right had their say. I know, I know much of the rhetoric was inspired by distrust of the current President.. But, wait up.. it's not like President Bush was THAT popular before he took America to a ruinous war that, like Obama's, was only expected to last a few months.

Watch the effects of so called social media, late night and cable TV comic relief. When Jon Stuart organized a rally in Washington three years ago over a hundred thousand showed up. I met several young people on my flight from Salt Lake, going to DC for that Rally Against Fear and Hate. For myself it was the other book-end for me . The March on Washington being not my first civil rights march but by far most memorable.

Don't give up hope on the American People. Even rank and file Tea Baggers really believed they could make difference. While sharing no Tea Bagger ideology, one can't say they aren't all riled up.
For folks to get 'off the couch' they need a strong issue with a charismatic leader to go with.
Instead, we get a right of center, politician who wants to please everyone.
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Re: Economic regression

Unread postby americandream » Sun 15 Sep 2013, 16:57:37

$this->bbcode_second_pass_quote('BobInget', 'M')any of us from a generation of 1930's labor movement parents who were peace or civil rights activists in the 1960's fully expected a period between 1990 and 2000 to be another time of protest. Wrong!
War parties learned valuable lessons from Vietnam. Getting rid of the draft was absolute brilliance.
How many teach-ins, demonstrations, peace marches, did you hear about during the last decade of war?
But cracks are beginning to show. It was a Republican Congressman from Virginian Military District, who First circulated the letter among others in Congress that forced Obama's hand permitting public input on a planned, ill conceived IMO, Syrian intervention. THAT certainly has never happened before.
There seemed no doubt this Congressman was prompted by his military constituents to do what he was asked to do. By delaying the strike, 'The People' from Left to Right had their say. I know, I know much of the rhetoric was inspired by distrust of the current President.. But, wait up.. it's not like President Bush was THAT popular before he took America to a ruinous war that, like Obama's, was only expected to last a few months.

Watch the effects of so called social media, late night and cable TV comic relief. When Jon Stuart organized a rally in Washington three years ago over a hundred thousand showed up. I met several young people on my flight from Salt Lake, going to DC for that Rally Against Fear and Hate. For myself it was the other book-end for me . The March on Washington being not my first civil rights march but by far most memorable.

Don't give up hope on the American People. Even rank and file Tea Baggers really believed they could make difference. While sharing no Tea Bagger ideology, one can't say they aren't all riled up.
For folks to get 'off the couch' they need a strong issue with a charismatic leader to go with.
Instead, we get a right of center, politician who wants to please everyone.



Leaders aren't the answer, political awareness is. However, an incomplete awareness simply baits you for the next trap so beware. That is precisely what has happened when people are betrayed by leaders promising change or movements embedded in reaction.
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Re: Economic regression

Unread postby radon1 » Sun 15 Sep 2013, 17:37:36

$this->bbcode_second_pass_quote('dolanbaker', '
')It seems to me that the economic world is reverting to a pre-industrial status quo, one where you have a small elite followed by a relatively small professional class, tradesmen and then the rest(workers)!


It's interesting to see how popular is the notion that the world is doomed to slide to archaism. Whether feudalism, bunkers, self-sustenance, doomstead, gold, canned food, guns, off-grid - all around this place the solutions rely solely on archaic approaches. And it's not only here - all around the world people are sensing the crisis and start to make preps or think of them in the archaic terms.

People focus solely on the pre-industrial history in their search for solutions. No one looks for an alternative future. Is this anomaly?

Those few who do dare to explore the ways of the social progress get their labels fast.
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Re: Economic regression

Unread postby dolanbaker » Sun 15 Sep 2013, 19:22:26

$this->bbcode_second_pass_quote('radon1', '')$this->bbcode_second_pass_quote('dolanbaker', '
')It seems to me that the economic world is reverting to a pre-industrial status quo, one where you have a small elite followed by a relatively small professional class, tradesmen and then the rest(workers)!


It's interesting to see how popular is the notion that the world is doomed to slide to archaism. Whether feudalism, bunkers, self-sustenance, doomstead, gold, canned food, guns, off-grid - all around this place the solutions rely solely on archaic approaches. And it's not only here - all around the world people are sensing the crisis and start to make preps or think of them in the archaic terms.

People focus solely on the pre-industrial history in their search for solutions. No one looks for an alternative future. Is this anomaly?

Those few who do dare to explore the ways of the social progress get their labels fast.


It's more of an observation than a prediction.

In general, most people today have a far better lifestyle than has ever been experienced by any previous generation, the main issue it that many of those who sit in the middle of the "social strata" are seeing their standards declining as globalisation undermines their status. No one (in the west) is down to starvation levels unless they are bad at managing their lives.

I don't see a return to an anarchic lifestyle, rather an eventual reduction in consumerism with a simplified lifestyle that would go with it.

Reduced wages and spending power will lead to such a conclusion.
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Re: Economic regression

Unread postby Paulo1 » Sun 15 Sep 2013, 23:25:01

re: "I don't see a return to an anarchic lifestyle, rather an eventual reduction in consumerism with a simplified lifestyle that would go with it."

I sure hope so. And some of us have done this already, by choice. Many have embraced simplified life change for different reasons, but underlying whatever motivation lies the fact that consumerism is a hollow waste-filled life.....quite meaningless. Having said this I wonder how a reduced lifestyle will be received by those who do not choose to live this way? Will there be a sense of failure, anger, or bitterness? Will this play out in supporting a newer version of Hitler and convenient scapegoats? Many people wish to be told what to think and how they must behave.

My wife and I have reduced in many ways in how we live, but I still marvel at how comfortable and full our life has become. Tonight our supper was totally from our garden and efforts...potato salad, roast chicken, broccoli, wine; everything but the spices. Rain beginning to fall prompted a fire in the woodstove. The yellow cedar and hemlock is popping loud, and we are both reading and working online. What else could we possibly hope to do this Sunday evening?

Here is to simpler lives and the benefits incrued.

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Re: Economic regression

Unread postby Timo » Mon 16 Sep 2013, 12:43:41

$this->bbcode_second_pass_quote('Paulo1', 'r')e: "I don't see a return to an anarchic lifestyle, rather an eventual reduction in consumerism with a simplified lifestyle that would go with it."

I sure hope so. And some of us have done this already, by choice. Many have embraced simplified life change for different reasons, but underlying whatever motivation lies the fact that consumerism is a hollow waste-filled life.....quite meaningless. Having said this I wonder how a reduced lifestyle will be received by those who do not choose to live this way? Will there be a sense of failure, anger, or bitterness? Will this play out in supporting a newer version of Hitler and convenient scapegoats? Many people wish to be told what to think and how they must behave.

My wife and I have reduced in many ways in how we live, but I still marvel at how comfortable and full our life has become. Tonight our supper was totally from our garden and efforts...potato salad, roast chicken, broccoli, wine; everything but the spices. Rain beginning to fall prompted a fire in the woodstove. The yellow cedar and hemlock is popping loud, and we are both reading and working online. What else could we possibly hope to do this Sunday evening?

Here is to simpler lives and the benefits incrued.

Paulo


Along similar lines, my wife and i are now passing our 1-year annivesary sans any TV. After that length of time NOT being exposed to stupid sitcoms and boring crime dramas, and commercials (WTF???) and MSM, we're realizing now that we're thinking much more clearly about what is and isn't important in the larger scheme of things, and also that we're really, REALLY out of cultural touch with everybody else who goes home after work and sits in front of a box for 5 hours. No TV, no newspaper, no radio (other than our car)......yes we do still have the interweb, but holy cow! Life really is much more enjoyable now! The world now comes to us on our terms, as opposed to whatever is commercially obliged by some board of directors on wall street.
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Re: Economic regression

Unread postby JV153 » Sun 15 Dec 2013, 14:56:57

$this->bbcode_second_pass_quote('americandream', '')$this->bbcode_second_pass_quote('dolanbaker', '
')


During the second half of the 20th century workers were in great demand and were able to obtain a much larger larger share of the cake which in turn bumped of the share to the tradesmen & professionals, this trend has now stopped and has been in reverse ever since globalisation took hold in the 1990s


The extraction of labour surplus is unique to capitalism with its massive reservoirs of urbanised labour, worldwide. However, consolidation also continues at a frenzied pace as capitalists compete for a larger share of the particular market, (with the threat of deflation always present in the rush to globalisation, the compulsion to consolidate accumulation leads to all sorts of intriguing arrangements (from new tradeable instruments to joint ventures, partnerships and mergers in supposedly "communist" states).[/quote]

Yes, capitalism is just based on money pile formation (reduced to it's essentials).
You hit on a key point - that workers were in great demand in the 2nd half of the 20th century and were able to get a good share of the cake - is a good explanation for the higher crude birth rates during that period.
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Re: Economic regression

Unread postby Pops » Mon 16 Dec 2013, 09:30:15

$this->bbcode_second_pass_quote('Paulo1', 't')he banksters still freely show their faces, nay, parade centre stage with their political minions. Nary a pitchfork in sight. So adept have the thought makers re-worded the contract to include 'entitlements' and scared the common man in to accepting that 'maybe we didn't deserve' affordable health care or dignified retirement, protests are non-existent.


And the poor townspeople and poorer country folk took up their pitchforks and iPhones, and flash-mobs lurched to the gated communities chanting:

"We're mad as Hell and we've come to lower your taxes!"

.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
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Re: Economic regression

Unread postby Timo » Mon 16 Dec 2013, 15:53:54

I wonder if there's any connection between the world-wide shift toward legalizing marijuana, and that drug's use as a pacifier of the people. People who are stoned don't tend to get out and march in protest of pretty much anything. Plus, there's money to be gained by starting your own brand of cannibis. Just place all of your faith in the 1%, and they will dope you up to your heart's content. Nothing to worry about. Here. Have another toke.
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