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World’s Richest One Percent Undermine Fight Against Economic Inequalities


#1

World’s Richest One Percent Undermine Fight Against Economic Inequalities

Thalif Deen, IPS News

'We cannot rely on technological fixes. We cannot rely on the market. And we cannot rely on the global elites. We need to help strengthen the power of the people to challenge the people with power.'


#2

When the owners of the government are afraid of the people you have democracy when the people fear the owners of the government you have oligarchy.


#3

Yes, and you will ignore the underlying cause of environmental degradation. Overpopulation.

Why is it so difficult to understand basic math? More people, less resources.

The planet is stressed so what do people do? They have more children and then point the finger at the people who own the stores where they go shopping.

Simplistic, yet stupid.


#4

And when people ignore basic math, you have ignorance. Austerity is not only caused from greed. It is caused from environmental degradation due to overpopulation.


#5

It's time to set up the guillotines in Times Square!


#6

All well and good, but any discussion on population issues hinges on reproductive rights. As soon as I saw "UN", went to the UN's Millennium Development Goals site, There I found "maternal health" as one of the main goals. Looking further on how reproductive rights fits into that scheme, discovered abortion is not mentioned.

From a UN-supporting MDG website: "The women living in these African countries lack fundamental reproductive rights, like family planning, access to contraceptives, and health counseling. When a young woman unintentionally becomes pregnant, she and her child are at risk for numerous health complications. In addition to health risks, the unexpected child puts a severe financial strain on the mother and, if the mother is in school, increases the probability that she will drop out."

But no mention of on-demand abortion as an option for women with unwanted pregnancy. How right-wing, born-again, Christian of the UN. No wonder ultra-right-wing Christian Canada's PM Harper and Bill and Melinda Gates are cozying up to this UN program. It fits their "we'll tell the poor people of the world how to live" ethos. So the anti-Roe v Wade crowd wishes to contain the abortion debate to North America, can't have all those developing nations' women's rights complicating the issue.

Also note that the "concern" with young pregnancy is not that the women will be burdened with children they cannot maturely care for, it is that these young women will drop out of school and not get jobs.

So the objective is to ensure a supply of female workers while the globalization/austerity programs continue to expand.

Funny how the article's authors AND the UN "missed" the anti-abortion, anti-reproductive rights aspect.


#7

The problem with the overpopulation diversion is that the heavy consumption is being done by less populated wealthy regions.

Additionally, it is the rabid right that is attacking education, which is the only known course to a gradually declining population.

Why? Capitalism requires infinite unending growth on a finite planet and that means growing more consumers and a cheap labor supply.

It has been known for well over a century that maximum commitment to education leads to reduction in population.


#12

In the words of Gomer Pyle (Jim Nabors): "Sir-prize, Sir-prize!" Gotta keep the ignorant masses in check to ensure there will always be a large labor force so the 1% will not have to soil their hands doing anything beyond picking up a phone or using a computer (they even have someone to dress them, groom them, and do other equally repugnant "chores.") I'll bet that GHWB as well as his progeny still do not know what a bar code sticker is for...their dressers/image makers not only choose but bring their clients' wardrobes into their homes so there is no need to go shopping and mingle with the "unwashed, welfare-cheating masses."


#13

The dystopian world portrayed in the recent sci-fi movies "The Hunger Games" is here now sans the game and its prizes. Our 1% wants no prizes they only want the whip and chains of deep poverty for as many as possible, no matter what they say to "THEIR" own Corp. media. We're heading for resource wars that will make the ones in the 20th Century look like garden parties. Whole regions of the planet are sleeping walking toward nuclear, biological and chemical destruction. The 1% and its military and intell. arms are insane.


#16

I smell a rat...No, I am not referring to senior execs as useless...grossly overcompensated, yes ...but they do not attain any success without the efforts of their labor forces, even in the financial sectors. They are "paid enough to find themselves in the 1%" in part, due to stacking boards of directors who oversee/approve executive compensation/golden parachutes with fellow executive peers in their fields thus ensuring perpetually rising compensation motivated by what appears to be rapacious greed.. Their efforts should not be compensated at rates anywhere from 400 to 600% more than their workers. The more the execs make, the more removed (and blind) they become to the reality of the workers' lives...thus the precipitous decline in retirement plans and health benefits along with wage stagnation to optimize corporate profits over the last 40+ years.


#17

I smell a rat...No, I am not referring to senior execs as useless...grossly overcompensated, yes ...but they do not attain any success without the efforts of their labor forces, even in the financial sectors. They are "paid enough to find themselves in the 1%" in part, due to stacking boards of directors who oversee/approve executive compensation/golden parachutes with fellow executive peers in their fields thus ensuring perpetually rising compensation motivated by what appears to be rapacious greed.. Their efforts should not be compensated at rates anywhere from 400 to 600% more than their workers. The more the execs make, the more removed (and blind) they become to the reality of the workers' lives...thus the precipitous decline in retirement plans and health benefits along with wage stagnation to optimize record-breaking corporate profits over the last 40+ years.
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#18

Resource wars DO exist, especially when it comes to WATER the next "oil" with the extractive industries usurping water rights, contamination of extant supplies with their profligate, environmentally and ecologically devastating operations and obliteration of all land/water/air and wildlife within hundreds of miles of their sites (see Bakken oil field ops in ND and the Canadian Tar Sands operations in Alberta expanding in all directions into other provinces). With the record severe drought in California, the nation's largest agricultural producer, sit back and watch the burgeoning resource war in that state. What about tribal wars on the African continent over water and grazing rights? It is not "the abolishment of the use of many resources" that we commenters are calling for. It is the RESPONSIBLE MANAGEMENT of our natural resources that leave as little a destructive footprint possible and/or to ensure the restoration of the areas containing those resources at or near their original condition, which we seek.


#19

Yes and no. When corporatistas push people from the land and into poor urban neighborhoods, culture and education are purposefully broken. Formerly independent ecological agriculture humans are turned into defeated semi slave labor. Education is defunded and population surges.

The real wealth of oligarchs is daily labor of humanity kept at subsistence via government enforced austerity. Increased population serving all their surplus to oligarchs is a leaching system that predates capitalism.

When there is a full commitment to education there is a directly resulting gradual decline in population.


#20

It goes hard with me to accept the theory of overpopulation
when so much of the world and its resources is walled and wasted

A modest mansion uses as much raw materials and natural resources
than a city block of homes, and is situated on three times the land
multiply that modest mansion by a million around the world...

and that's just the waste of the affluent.
we haven't even touched the wealthy yet...

then count the fences around the world's most precious land, water, minerals, food, etc...
if there is an overpopulation in the world, it is the wealthy...
far too many for the rest of us to sustain.


#22

Your "presumption" is wrong. I know all too well about golden parachutes having worked in the corporate world for several years as well as in NCAA Division I athletics where such "contracts" exist for football and men's basketball coaches without the stock options. As for the statistics on executive compensation, any number of surveys/studies conducted by public interest non-profits and/or universities provide these numbers. You may want to refer to an ongoing, updated study conducted by a major university in California: http://www2.ucsc.edu/whorulesamerica/power/wealth.html but somehow, based on your commentary you probably would not find it to your liking. My solution is to provide living wages across the board while limiting the gross over compensation of execs/CEO's/COO's/CFO's to a more reasonable percentage above the workers' salaries as Japan does (no more than 40 to 60% higher). Keynsian economics has proven over and over again that shoring up a strong middle class raises ALL boats. As for someone making a billion $$$, it is my feeling that he/she should feel a moral obligation to extend a helping hand to any number of deserving causes/charities.


#24

You're just babbling. The people using force are in plain sight, and it's not who you're smearing.

Looting, is what you love.


#25

Um, perhaps Wall street would be a better location.


#26

Ensuring that girls receive a quality education before they become women goes a long ways towards maternal health.


#27

Poor people tend to be uneducated which is shown to lead to having more children. Its not that they have more children "because some will die since the have less security." It really has been demonstrated that educating them leads to them having less children particularly when we are talking about educating girls before they become women.


#28

Did you never notice that Indians were killed and herded onto reservations in order for the priviledged white people to pillage their lands for every penny they could get out of it? Did that not appear to be a war over resources to you? If you are the Voice of Reason, I'm wondering who's reason you are voicing and why they are telling you to voice such and such. Who's payroll are you on? "Mandate to outlaw the use of them", doesn't sound like you are being reasonable.