Reblogged this on The Most Revolutionary Act and commented:
“Capitalism is now in a crisis that dwarfs all the past destabilizing events that have threatened to end it, including the Great Depression. One sign of this crisis is the fact that capitalism has become more destructive to the livelihoods of most people than it’s been in decades, and has in the process become very unstable. In America alone, half the people are either in or near poverty, 80% of workers live paycheck to paycheck, and 80% overall are in debt.”
This is what Dr. Bramhall wrote on her reblog. I said to reblog it, yes that is what I want to do!
Auntie, Sister. Grandmother, Great-Grandmother,
Mother and Wife of German Descent
I've lived in Australia since 1959 together with my husband Peter. We have four children, eight grandchildren and two great-grandchildren. I started blogging because I wanted to publish some of my childhood memories. I am blogging now also some of my other memories. I like to publish some photos too as well as a little bit of a diary from the present time. Occasionally I publish a story with a bit of fiction in it. Peter, my husband, is publishing some of his stories under berlioz1935.wordpress.com
View all posts by auntyuta
Published
3 thoughts on “The Coming Fall Of The Super-Rich”
If you go to the original post, you find for instance this:
““The uber-rich cannot see the world from anyone’s perspective but their own. People around them, including the women whom entitled men prey upon, are objects designed to gratify momentary lusts or be manipulated. The uber-rich are almost always amoral. Right. Wrong. Truth. Lies. Justice. Injustice. These concepts are beyond them. Whatever benefits or pleases them is good. What does not must be destroyed.”
“It’s this rejection of reality among the super-rich that will ensure their downfall, which will either come in the form of a revolution against them or a collapse of the system they depend on. . . . .”
The problem of the super rich dominating the world’s economies is easily solved by governments that will put into place hefty increases in taxation for the rich.
That Dutch bloke pointed that out again last night when interviewed by ABC’s Leigh Sales. The elephant in the room is lack of sufficient payments of taxation by the super rich. Tax, tax and more tax is the answer.
Between the fifties and seventies the wealthy were paying enough tax that gave Europe and the US its golden age, but look at it now!
AuntyUta 
If you go to the original post, you find for instance this:
““The uber-rich cannot see the world from anyone’s perspective but their own. People around them, including the women whom entitled men prey upon, are objects designed to gratify momentary lusts or be manipulated. The uber-rich are almost always amoral. Right. Wrong. Truth. Lies. Justice. Injustice. These concepts are beyond them. Whatever benefits or pleases them is good. What does not must be destroyed.”
“It’s this rejection of reality among the super-rich that will ensure their downfall, which will either come in the form of a revolution against them or a collapse of the system they depend on. . . . .”
This YouTube video is also embedded in the original post:
Noam Chomsky on Economic Inequality
106,900 views
The problem of the super rich dominating the world’s economies is easily solved by governments that will put into place hefty increases in taxation for the rich.
That Dutch bloke pointed that out again last night when interviewed by ABC’s Leigh Sales. The elephant in the room is lack of sufficient payments of taxation by the super rich. Tax, tax and more tax is the answer.
Between the fifties and seventies the wealthy were paying enough tax that gave Europe and the US its golden age, but look at it now!