Home › Forums › Financial Markets/Economics › Founder Of Reaganomics Says That “Without A Revolution, Americans Are History”
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August 19, 2010 at 1:13 PM #594403August 19, 2010 at 3:59 PM #593525daveljParticipant
[quote=Arraya][quote=davelj]
How about one simple metric as defined by the World Bank (whose mission is “Ending Global Poverty”): Poverty. Poverty has declined markedly around the world in just the past 20 years. I recall reading somewhere a while back that in the early-19th century, 75% of the world’s population lived on less than $1 a day (adjusted for inflation) and that this figure had fallen to 20% as of a few years back. I’m not saying that this is the perfect metric, but I don’t think you have to squint very hard to see that the lot of the average person around the globe (if not in the U.S. specifically) has improved quite a lot over the last several decades. In fact, you’d have to do a lot of squinting and tilting of the head to view the contrary.[/quote]
Now that is an organization with vested interest in keeping our heads tilted a certain way. The World Bank is essentially a third world looting operation and launching pad for neoliberal agenda. Developing countries are effectively neutralized politically, have their wealth gaps driven dramatically wider, communities destroyed and economies crippled in the long run. It’s creating massive wealth imbalances and serious environmental degradation. It shifts poverty around and makes in more extreme. Which is why we have the highest percentage of the world living without clean water than ever before along with a myriad of other unhealthy living condition statistics not seen in just income stats.
John Gray wrote False Dawn: The Delusions of Global Capitalism, which was a fun book on the subject.
IMO, we are at beginning of it’s end as trade wars, competitive currency devaluations, economic collapses, political upheavals are bound to happen. As well as potential wars, which is usually the case with such extreme instability.[/quote]
You conjectured that, “Now that is an organization [The World Bank] with vested interest in keeping our heads tilted a certain way.” You got that right. The World Bank wants to make poverty look as ubiquitous and entrenched as possible in order to increase the need for their “services” (re: existence). And even their statistics show poverty substantially declining on an overall basis over the last few decades, your criticisms notwithstanding.
August 19, 2010 at 3:59 PM #593621daveljParticipant[quote=Arraya][quote=davelj]
How about one simple metric as defined by the World Bank (whose mission is “Ending Global Poverty”): Poverty. Poverty has declined markedly around the world in just the past 20 years. I recall reading somewhere a while back that in the early-19th century, 75% of the world’s population lived on less than $1 a day (adjusted for inflation) and that this figure had fallen to 20% as of a few years back. I’m not saying that this is the perfect metric, but I don’t think you have to squint very hard to see that the lot of the average person around the globe (if not in the U.S. specifically) has improved quite a lot over the last several decades. In fact, you’d have to do a lot of squinting and tilting of the head to view the contrary.[/quote]
Now that is an organization with vested interest in keeping our heads tilted a certain way. The World Bank is essentially a third world looting operation and launching pad for neoliberal agenda. Developing countries are effectively neutralized politically, have their wealth gaps driven dramatically wider, communities destroyed and economies crippled in the long run. It’s creating massive wealth imbalances and serious environmental degradation. It shifts poverty around and makes in more extreme. Which is why we have the highest percentage of the world living without clean water than ever before along with a myriad of other unhealthy living condition statistics not seen in just income stats.
John Gray wrote False Dawn: The Delusions of Global Capitalism, which was a fun book on the subject.
IMO, we are at beginning of it’s end as trade wars, competitive currency devaluations, economic collapses, political upheavals are bound to happen. As well as potential wars, which is usually the case with such extreme instability.[/quote]
You conjectured that, “Now that is an organization [The World Bank] with vested interest in keeping our heads tilted a certain way.” You got that right. The World Bank wants to make poverty look as ubiquitous and entrenched as possible in order to increase the need for their “services” (re: existence). And even their statistics show poverty substantially declining on an overall basis over the last few decades, your criticisms notwithstanding.
August 19, 2010 at 3:59 PM #594157daveljParticipant[quote=Arraya][quote=davelj]
How about one simple metric as defined by the World Bank (whose mission is “Ending Global Poverty”): Poverty. Poverty has declined markedly around the world in just the past 20 years. I recall reading somewhere a while back that in the early-19th century, 75% of the world’s population lived on less than $1 a day (adjusted for inflation) and that this figure had fallen to 20% as of a few years back. I’m not saying that this is the perfect metric, but I don’t think you have to squint very hard to see that the lot of the average person around the globe (if not in the U.S. specifically) has improved quite a lot over the last several decades. In fact, you’d have to do a lot of squinting and tilting of the head to view the contrary.[/quote]
Now that is an organization with vested interest in keeping our heads tilted a certain way. The World Bank is essentially a third world looting operation and launching pad for neoliberal agenda. Developing countries are effectively neutralized politically, have their wealth gaps driven dramatically wider, communities destroyed and economies crippled in the long run. It’s creating massive wealth imbalances and serious environmental degradation. It shifts poverty around and makes in more extreme. Which is why we have the highest percentage of the world living without clean water than ever before along with a myriad of other unhealthy living condition statistics not seen in just income stats.
John Gray wrote False Dawn: The Delusions of Global Capitalism, which was a fun book on the subject.
IMO, we are at beginning of it’s end as trade wars, competitive currency devaluations, economic collapses, political upheavals are bound to happen. As well as potential wars, which is usually the case with such extreme instability.[/quote]
You conjectured that, “Now that is an organization [The World Bank] with vested interest in keeping our heads tilted a certain way.” You got that right. The World Bank wants to make poverty look as ubiquitous and entrenched as possible in order to increase the need for their “services” (re: existence). And even their statistics show poverty substantially declining on an overall basis over the last few decades, your criticisms notwithstanding.
August 19, 2010 at 3:59 PM #594269daveljParticipant[quote=Arraya][quote=davelj]
How about one simple metric as defined by the World Bank (whose mission is “Ending Global Poverty”): Poverty. Poverty has declined markedly around the world in just the past 20 years. I recall reading somewhere a while back that in the early-19th century, 75% of the world’s population lived on less than $1 a day (adjusted for inflation) and that this figure had fallen to 20% as of a few years back. I’m not saying that this is the perfect metric, but I don’t think you have to squint very hard to see that the lot of the average person around the globe (if not in the U.S. specifically) has improved quite a lot over the last several decades. In fact, you’d have to do a lot of squinting and tilting of the head to view the contrary.[/quote]
Now that is an organization with vested interest in keeping our heads tilted a certain way. The World Bank is essentially a third world looting operation and launching pad for neoliberal agenda. Developing countries are effectively neutralized politically, have their wealth gaps driven dramatically wider, communities destroyed and economies crippled in the long run. It’s creating massive wealth imbalances and serious environmental degradation. It shifts poverty around and makes in more extreme. Which is why we have the highest percentage of the world living without clean water than ever before along with a myriad of other unhealthy living condition statistics not seen in just income stats.
John Gray wrote False Dawn: The Delusions of Global Capitalism, which was a fun book on the subject.
IMO, we are at beginning of it’s end as trade wars, competitive currency devaluations, economic collapses, political upheavals are bound to happen. As well as potential wars, which is usually the case with such extreme instability.[/quote]
You conjectured that, “Now that is an organization [The World Bank] with vested interest in keeping our heads tilted a certain way.” You got that right. The World Bank wants to make poverty look as ubiquitous and entrenched as possible in order to increase the need for their “services” (re: existence). And even their statistics show poverty substantially declining on an overall basis over the last few decades, your criticisms notwithstanding.
August 19, 2010 at 3:59 PM #594579daveljParticipant[quote=Arraya][quote=davelj]
How about one simple metric as defined by the World Bank (whose mission is “Ending Global Poverty”): Poverty. Poverty has declined markedly around the world in just the past 20 years. I recall reading somewhere a while back that in the early-19th century, 75% of the world’s population lived on less than $1 a day (adjusted for inflation) and that this figure had fallen to 20% as of a few years back. I’m not saying that this is the perfect metric, but I don’t think you have to squint very hard to see that the lot of the average person around the globe (if not in the U.S. specifically) has improved quite a lot over the last several decades. In fact, you’d have to do a lot of squinting and tilting of the head to view the contrary.[/quote]
Now that is an organization with vested interest in keeping our heads tilted a certain way. The World Bank is essentially a third world looting operation and launching pad for neoliberal agenda. Developing countries are effectively neutralized politically, have their wealth gaps driven dramatically wider, communities destroyed and economies crippled in the long run. It’s creating massive wealth imbalances and serious environmental degradation. It shifts poverty around and makes in more extreme. Which is why we have the highest percentage of the world living without clean water than ever before along with a myriad of other unhealthy living condition statistics not seen in just income stats.
John Gray wrote False Dawn: The Delusions of Global Capitalism, which was a fun book on the subject.
IMO, we are at beginning of it’s end as trade wars, competitive currency devaluations, economic collapses, political upheavals are bound to happen. As well as potential wars, which is usually the case with such extreme instability.[/quote]
You conjectured that, “Now that is an organization [The World Bank] with vested interest in keeping our heads tilted a certain way.” You got that right. The World Bank wants to make poverty look as ubiquitous and entrenched as possible in order to increase the need for their “services” (re: existence). And even their statistics show poverty substantially declining on an overall basis over the last few decades, your criticisms notwithstanding.
August 19, 2010 at 9:09 PM #593685GHParticipantPoor Americans aren’t actually poor because a hundred years ago poor people couldn’t have a TV or a flush commode. Poor Americans now have both! They’re rich! What a bunch of whiners.
LOL – great post! of course 100 years ago not many rich people had TV’s either. As for “deserve” I think we absolutely “deserve” what we have coming to us, and I agree there is not a darn thing we can do either.
The bottom line is that labor rates are set by the hungriest person, and right now there is plenty of suffering in the world to tap! If you trade dollars and hours, you might want to re-evaluate your future and your goals.
August 19, 2010 at 9:09 PM #593781GHParticipantPoor Americans aren’t actually poor because a hundred years ago poor people couldn’t have a TV or a flush commode. Poor Americans now have both! They’re rich! What a bunch of whiners.
LOL – great post! of course 100 years ago not many rich people had TV’s either. As for “deserve” I think we absolutely “deserve” what we have coming to us, and I agree there is not a darn thing we can do either.
The bottom line is that labor rates are set by the hungriest person, and right now there is plenty of suffering in the world to tap! If you trade dollars and hours, you might want to re-evaluate your future and your goals.
August 19, 2010 at 9:09 PM #594317GHParticipantPoor Americans aren’t actually poor because a hundred years ago poor people couldn’t have a TV or a flush commode. Poor Americans now have both! They’re rich! What a bunch of whiners.
LOL – great post! of course 100 years ago not many rich people had TV’s either. As for “deserve” I think we absolutely “deserve” what we have coming to us, and I agree there is not a darn thing we can do either.
The bottom line is that labor rates are set by the hungriest person, and right now there is plenty of suffering in the world to tap! If you trade dollars and hours, you might want to re-evaluate your future and your goals.
August 19, 2010 at 9:09 PM #594429GHParticipantPoor Americans aren’t actually poor because a hundred years ago poor people couldn’t have a TV or a flush commode. Poor Americans now have both! They’re rich! What a bunch of whiners.
LOL – great post! of course 100 years ago not many rich people had TV’s either. As for “deserve” I think we absolutely “deserve” what we have coming to us, and I agree there is not a darn thing we can do either.
The bottom line is that labor rates are set by the hungriest person, and right now there is plenty of suffering in the world to tap! If you trade dollars and hours, you might want to re-evaluate your future and your goals.
August 19, 2010 at 9:09 PM #594739GHParticipantPoor Americans aren’t actually poor because a hundred years ago poor people couldn’t have a TV or a flush commode. Poor Americans now have both! They’re rich! What a bunch of whiners.
LOL – great post! of course 100 years ago not many rich people had TV’s either. As for “deserve” I think we absolutely “deserve” what we have coming to us, and I agree there is not a darn thing we can do either.
The bottom line is that labor rates are set by the hungriest person, and right now there is plenty of suffering in the world to tap! If you trade dollars and hours, you might want to re-evaluate your future and your goals.
August 20, 2010 at 12:12 AM #593810CA renterParticipant[quote=CONCHO][quote=briansd1]
That’s a policy problem that has nothing to do with globalization. Blaming globalization and foreigners won’t get you anywhere. Focus on the policies.[/quote]Excellent! I had forgotten that one, let’s add it to the list:
* If you don’t support policies which make it favorable for US companies to move jobs abroad where there are fewer worker’s rights, lower safety standards, and fewer environmental protections, you are “blaming foreigners”!
Nice one. That will pretty much put a stop to any debate and we can “win” at that point. No one wants to be accused of “blaming foreigners!” Heh heh heh we win.[/quote]
I love your posts, CONCHO! π
August 20, 2010 at 12:12 AM #593905CA renterParticipant[quote=CONCHO][quote=briansd1]
That’s a policy problem that has nothing to do with globalization. Blaming globalization and foreigners won’t get you anywhere. Focus on the policies.[/quote]Excellent! I had forgotten that one, let’s add it to the list:
* If you don’t support policies which make it favorable for US companies to move jobs abroad where there are fewer worker’s rights, lower safety standards, and fewer environmental protections, you are “blaming foreigners”!
Nice one. That will pretty much put a stop to any debate and we can “win” at that point. No one wants to be accused of “blaming foreigners!” Heh heh heh we win.[/quote]
I love your posts, CONCHO! π
August 20, 2010 at 12:12 AM #594442CA renterParticipant[quote=CONCHO][quote=briansd1]
That’s a policy problem that has nothing to do with globalization. Blaming globalization and foreigners won’t get you anywhere. Focus on the policies.[/quote]Excellent! I had forgotten that one, let’s add it to the list:
* If you don’t support policies which make it favorable for US companies to move jobs abroad where there are fewer worker’s rights, lower safety standards, and fewer environmental protections, you are “blaming foreigners”!
Nice one. That will pretty much put a stop to any debate and we can “win” at that point. No one wants to be accused of “blaming foreigners!” Heh heh heh we win.[/quote]
I love your posts, CONCHO! π
August 20, 2010 at 12:12 AM #594553CA renterParticipant[quote=CONCHO][quote=briansd1]
That’s a policy problem that has nothing to do with globalization. Blaming globalization and foreigners won’t get you anywhere. Focus on the policies.[/quote]Excellent! I had forgotten that one, let’s add it to the list:
* If you don’t support policies which make it favorable for US companies to move jobs abroad where there are fewer worker’s rights, lower safety standards, and fewer environmental protections, you are “blaming foreigners”!
Nice one. That will pretty much put a stop to any debate and we can “win” at that point. No one wants to be accused of “blaming foreigners!” Heh heh heh we win.[/quote]
I love your posts, CONCHO! π
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