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There is the top 1% that own and control 90% of the worlds wealth, then the "upper" classes that are doing very well thankyou and think they are the normal "if
by basicplus2 11y ago
There is the top 1% that own and control 90% of the worlds wealth, then the "upper" classes that are doing very well thankyou and think they are the normal "if everyone just worked hard like me", then there is the rest.. the slave class
If the upper class (used to include an upper middle and middle class) was larger, and was the majority of the voting class and the top was no less than 2%, the balance of slavery can be contained and controlled and the fiction of a fair society can be perpetuated.
The reality is the top 1% exist in their own economy and the rest of us exist in our own, so when one of us makes a bucket load we are really only ripping off our fellow man.
When the super rich throw out more "free" cash eventually they reel it back in again to suck up more wealth from our economy.
It is important to remember the US reserve is a private bank of the top 1% that is NOT controlled by elected officials, and debt is the trojan horse.