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PhytoExtractum Shop: Maeng Da Thai Kratom Leaf Powder

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old hand

Registered: 09/11/01
Posts: 1,351
Loc: BC Canada
Disapearing middle class-USA
    #1017622 - 11/03/02 04:29 AM (16 years, 2 months ago)

I think this is a good read. Income/wealth distribution is probably the most important domestic political issue in democratic countries.

A small group of modern kings wants you to believe it's fair somehow for them to be so powerful. I'm here to say otherwise.

This article also speaks of a time when America made much more sense. That time is over. When that's well realized, we'll be halfway home.


  -I'd rather have a frontal lobotomy than a bottle in front of me


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Fred's son

Registered: 10/19/00
Posts: 12,949
Loc: Dominican Republic
Last seen: 4 years, 6 days
Re: Disapearing middle class-USA [Re: carbonhoots]
    #1017943 - 11/03/02 10:37 AM (16 years, 2 months ago)

Thank you very much for the most excellent link.

It is clear the author has what many in this forum would accuse of being a "liberal bias", and he spends FAR too much time going over and over the inflated CEO salaries of recent times, but overall the FACTS in the article are presented in a relatively even-handed manner, with enough references to the sources of statistics that they can be checked with a little effort.

I find it refreshing that he doesn't attempt to lay all the blame at either the feet of "greedy capitalists" or on government mismanagement alone, or even a combination of the two, but also brings in societal influence, the emergence of "superstar" technologies and the unrealistic level of stock valuation in the late Nineties.

All in all a very thoughtful, mostly well-balanced presentation. Despite his antipathy to wealthy CEOs, he tries very hard (and mostly succeeds) at keeping in check his own bias in order to present a mostly neutral analysis. Some (myself included) may argue SOME of his conclusions, but in my opinion this is one of the better editorials I have seen in recent years.

I recommend everyone who frequents this forum, be they Marxist or Capitalist; supporters of minimal government or supporters of maximum government, read this article. It is lengthy but well worth your time.

Once again, thanks for bringing this to our attention, carbonhoots.



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DSYSB since '01
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Registered: 01/26/01
Posts: 16,251
Loc: Calgary, Alberta
Last seen: 1 day, 11 hours
Re: Disapearing middle class-USA [Re: carbonhoots]
    #1018101 - 11/03/02 12:09 PM (16 years, 2 months ago)

I had to re-read that article just to make sure I wasn't missing something, because for once I agree with Pinky :confused:...Thanks for the read!

"Life has never been weird enough for my liking"

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PhytoExtractum Shop: Maeng Da Thai Kratom Leaf Powder

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