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The Second Gilded Age: Has America Become an Oligarchy? (Barfwarnung)
Der Spiegel ^ | 10/28/2011 | Thomas Schulz

Posted on 10/28/2011 11:28:34 PM PDT by Olog-hai

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To: gunsequalfreedom
capitalism presupposes that things will work out the way they're supposed to ie: if you have a needed skill, you'll be sought after and paid well...

but is NOT happening....

"skills" are not being rewarded...the political class has seen to it that the unqualified, the underqualified, the "selected" are sought after, NOT the most qualified...

and the other thing that capitalism presupposed is that the market is brutal to everyone...not just American goods and services...but to everyone's ....that laws are not enacted to put foreigners at huge advantages....

crony capitalism is what we have now...

and with that, YES the rich do amass great wealth at the expense of the legitimate workers...

21 posted on 10/30/2011 9:50:51 PM PDT by cherry
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To: theBuckwheat
almost NO significant numbers of people can be rich, or near rich, or ultra rich ...almost NONE to be exact...

that is ecomonics...period...

a big mistake is thinking that because some extremely lucky few...like Oprah....who btw has no significant talent except she was a black woman at the right time....that just anybody can do it...

22 posted on 10/30/2011 9:59:42 PM PDT by cherry
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To: cherry

I love it when I get a thoughtful reply like yours on here. That is how FR is supposed to be, the way it used to be all the time. Thanks.


23 posted on 10/31/2011 12:20:21 AM PDT by gunsequalfreedom (Conservative is not a label of convenience. It is a guide to your actions.)
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To: gunsequalfreedom

“The question is, have we created such a disparity that we have picked off the middle class, “

Just like during the Gilded Age. to survive and regenerate, the middle class will have to learn solid skills and then live according to their means. Businesses that used to employ laborers at a solid wage/salary to fund a lifestyle have been used as bank accoutns for lawsuits and a lot of people have forced companies to pay for vanity procedures. Back to learning the value of the dollar through hard work, not through a degree or a cushy position in an office. Back to working if you have to and time for people to stop living like the leisure class if they can’t afford to.


24 posted on 10/31/2011 4:36:57 AM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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Thanks drewh. The partisan media shills on MSDNC's Morning Jackoffs had text on the screen (I was exercising with earbuds) for at least three minutes, saying that the must-read op-ed was NYTimes' latest shrill shilling for class warfare. Meanwhile, the past couple of days of the Post:
Front cover Back cover

25 posted on 11/05/2011 8:00:09 AM PDT by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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