Best of the Week
Most Popular
1.Trump Delirium Triggers Stock Market Brexit Upwards Crash Towards Dow 20,000! - Nadeem_Walayat
2.The Future Price Of Gold Will Drop Below $1000 In 2017 -InvestingHaven
3.May Never Get Another Opportunity to Buy Gold at this Level Again - Chris_Vermeulen
4.Delirium - The Real Reason Why Donald Trump Won the US Presidential Election - Nadeem_Walayat
5.Why Nate Silver / Fivethirtyeight is one of the Most Reliable Election Forecasting Indicator? - Nadeem_Walayat
6.Gold Price Forecast: Nasty Naughty November Gold Price Trend - I_M_Vronsky
7.Gold Mining Stocks Screaming Buy! Q3’16 Fundamentals - Zeal_LLC
8.Delirium of Trump Mania Win's Mr BrExit US Presidential Election 2016 - Nadeem_Walayat
9.The War On Cash Goes Nuclear In India, Australia and Across The World - Jeff_Berwick
10.Hidden Signs for Gold and Silver - P_Radomski_CFA
Last 7 days
India's Stock Market: Nothing "Random" About It - 9th Dec 16
Gold Futures Selling Exhausting - 9th Dec 16
Cheap Large Icicle Christmas LED Lights Review - B&M Stores - 9th Dec 16
US Interest Rates and the Toughest Man Who Ever Lived - 9th Dec 16
Amazon UK Christmas Shopping Useless Delivery Tracking Warning Alert - 9th Dec 16
Euro-zone Crisis - The Soon To Erupt Euro Experiment - 9th Dec 16
Global Market Perspective 3 Killer Charts, 2 Fast Looks at Politics - 9th Dec 16
Trump Could Fuel A Nuclear Energy Boom In 2017 - 8th Dec 16
Our Future Economy, Jobs, Banking, And Governance – Part2 - 8th Dec 16
Developing Knowledge-Intensive Society and Knowledge Industrial Hub in Kerala - 8th Dec 16
Crude Oil and Gold, Silver Precious Metals Link - 8th Dec 16
Stock Market and the Great Middle Class Revolt Gets Bigger - 8th Dec 16
Protectionist Trump Policies To Crash Dollar, Gold and Bitcoin to Soar - 8th Dec 16
The Jaws of Life : The Most Hated Stocks Bull Market in History! - 8th Dec 16
Infrastructure A Budding Asset Class - 8th Dec 16
Trump Stocks Bull Market Furious Rally Towards Dow 20k as Bear Mantra Persists - 8th Dec 16
More Talk About More Economic Growth and More Globalization - 7th Dec 16
Cracks In US Treasury Bond Market, The Japanese Factor - 7th Dec 16
The Rise of Anti-Establishment Italy - 7th Dec 16
Trump Likely to Drive Another Bump in Stock Market Buybacks — Here’s How to Hedge - 7th Dec 16
World War II and the Origins of American Unease - 7th Dec 16
Online CFD Trading for Traders on a Budget - 7th Dec 16
Silver Bullion Price Buying Opportunity for 2017? - 7th Dec 16
The Imminent Multi-Trillion Dollar Surge In Social Security & Medicare Costs - 7th Dec 16
Gold Bullion Price Buying Opportunity for 2017? - 6th Dec 16
Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market - 6th Dec 16
THE Gold Play for 2017 - 6th Dec 16
Trump Sets The Stage For A Huge Gold Rally In 2017 - 6th Dec 16
BrExit Tsunami Claims Emperor Renzi's Scalp, Counting Down to End of the EU, Next? - 6th Dec 16
Failed EU - Means an Expanded Dictatorship - 6th Dec 16
Crude Oil Prices: "Random"? Hardly - 5th Dec 16
The Coming Stock Market Crash and WWIII - 5th Dec 16
This Past Week in Gold Market - 5th Dec 16
Stock Market Short-Term Correction Underway - 5th Dec 16
If Trump Doesn’t Do This, We Will Have the Great Depression 2.0 - 5th Dec 16
India’s Demonetization Could Be the First Cash Domino to Fall - 5th Dec 16
Our Future Economy, Jobs, Banking, And Governance - 5th Dec 16
Gold and Silver Bullion Buying Opportunity for 2017? - 4th Dec 16
First UK BrExit then Trump, Next BrExit Tsunami Wave to Hit Italy HARD Sunday! - 3rd Dec 16
The 10YR Yield and SPX Stocks Bull Markets - 3rd Dec 16
Gold And Silver – Do Not Expect Much Difference With Trump Compared To Obama - 3rd Dec 16
Gold, Currencies and Markets Critical 61.8% Retracements - 2nd Dec 16
Gold Junior Stocks Q3’16 Fundamentals - 2nd Dec 16
Adventures in Castro’s Cuba - 2nd Dec 16
We Are Putting Off the Inevitable - 2nd Dec 16
Macroeconomic Cycles & Demographics - A Fuse, An Explosive and The Igniting Catalyst - 2nd Dec 16
How Moving Averages Can Identify a Trade - 1st Dec 16
Silver Prices and Interest Rates - 1st Dec 16
America, is it Finally time for us to say Goodbye? - 1st Dec 16
Blockchain Technology – What Is It and How Will It Change Your Life? - 1st Dec 16
Burn the Flags, Can Trump Salvage The Sinking US Economic Ship? - 1st Dec 16
Will US Housing Real Estate Market Tank in 2017? - 1st Dec 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

$10000 Gold

46 Trillion Reasons To Evolve Society Right Now

Politics / Social Issues Dec 09, 2012 - 07:20 AM GMT

By: David_DeGraw

Politics

Due to technological advancements,over the past 35 years there has been an explosion in production, distribution, profits and wealth creation. Most of that wealth increase has gone to only one-hundredth of one percent of the population, to the modern day aristocracy. In the United States, the 400 richest people now have as much wealth as 185 million people combined, nearly 60% of the entire population. US millionaire households have at least $46 trillion in wealth, yet only one-tenth of one percent of the population makes one million dollars a year.


$46 trillion. Can you comprehend how much money that is and what could be done with that stunning amount of wealth, the implications, the possibilities? Especially given the capabilities of modern technology. Think about how we could evolve society with that astonishing amount of wealth, and how much better off we would ALL be if we did.

It’s hard to comprehend how much wealth $46 trillion represents. One trillion is equal to 1000 billion, or $1,000,000,000,000. People cannot comprehend that much wealth because there is no frame of reference, no comparison of scale or historical precedent. An entire generation of stratospheric wealth has been systemically denied to the people and hoarded into the hands of a few. It’s the greatest theft of wealth in history, a crime against humanity.

Once you wrap your mind around how much wealth $46 trillion is, and realize how profoundly society can be transformed by it, you begin to grasp the fact that we’ve been living under neo-feudal rule. If Americans had a real understanding of how much wealth is being kept from them, we would have a full-blown societal evolution right now.

There’s no doubt about it; the denial of wealth is what keeps us in check, in debt. As a wise man once said, “There are two ways to conquer and enslave a nation. One by sword, the other by debt.” The harsh, unavoidable truth is that we live in a system of debt slavery. The indentured servant is now the indebted consumer, indebted to a modern day aristocracy that thinks we are merely wage slaves and glorified peasants. Instead of using the advancement of technology and exponential increase in production, distribution and wealth creation to empower humanity, these modern neo-feudal lords are pathological in their shortsighted greed.

When you understand the wealth at hand, you begin to recognize the crime against humanity that is afoot. We live in the richest, most technologically advanced society in human history. Yet here we are, in the 21st century, with the highest number of people living in poverty in American history. People can’t afford to pay their medical bills. Millions upon millions of American families foreclosed on. An all-time record number of children going hungry, as record-breaking profits and record-breaking bonuses are handed out to the bailed out aristocracy. It’s a massive crime against humanity.

We have people walking this earth who crashed the global economy, then profited from it. They are responsible for the impoverishment of tens of millions of people, and for their recklessness, they get bailed out and then have the audacity to not only keep their jobs, but to give themselves all-time record-breaking bonuses, bonuses on the backs of hardworking American taxpayers. Their scandalous and shameful behavior makes the Robber Barons look like Boy Scouts. It’s so shortsighted, unstable and unsustainable. Pathological shortsighted greed is humanity’s most severe disease.

To paraphrase Guy DeBord, ‘The economy has declared war on humanity, attacking not only our possibilities for living, but our chances of survival. When an all-powerful economy lost its reason – that’s what defines these times.’

We anticipate reactionary, propagandized minds impulsively attempting to dismiss this perspective as a demonization of wealthy people. To be clear, we’re not against wealthy people; just because you have wealth doesn’t make you a tyrant. It’s the people who crashed the economy and use their money to rig the political system, to rig the legal system, to rig the market, to rig the rules against hardworking Americans. It’s all the corrupt crony-capitalists we are calling out. In fact, we don’t blame any single person. It is a systemic problem. It’s our archaic and incredibly outdated system, a system that’s increasingly vulnerable to, and easily rigged by, the forces of shortsighted greed.

We know many people within the economic top one percentile who are using their wealth and resources to improve the human condition in many different ways. We wish more wealthy people would put their money where their mouth is. We’re sure they will soon enough, in the interests of preservation, but just having wealth in no way makes you a tyrant. Again, when you break it down, it is really only one-hundredth of one percent of the population that is doing the damage. And ultimately, it is the political system and mainstream media that allows them to get away with it, that deceives, dumbs down and mentally conditions the population to the point where the overwhelming majority remains unaware of their own power and potential in an incredibly wealthy and technologically advanced society.

Even more shocking than the $46 trillion and the 400 Americans who have as much wealth as 185 million Americans combined, is the fact that a mere 147 tightly knit companies control 40 percent of the global economy. This is obviously a highly unstable, unsustainable and unhealthy situation.

To paraphrase from several quotes by philosopher and social psychologist John Dewey:

‘There is no such thing as the liberty or effective power of an individual, group or class, except in relation to the liberties and effective powers of other individuals, groups or classes.

Liberty signifies release from the impact of particular oppressive forces, emancipation from something once taken as a normal part of human life, but now experienced as bondage. Today, it signifies liberation from the coercions and repressions that prevent people from participation in the vast wealth that is presently at hand.

In relations between people, between capital and labor, in our attitudes toward other members of society, we have now developed a social conscience and awareness, and situations that would have been accepted a generation ago are now understood as an intolerable scandal.

Our current crisis continues only because people refuse to look facts in the face and prefer to feed on illusions produced and circulated by those in power with an excess that contrasts with their withholding the necessities of life. The day that a critical mass of people awake to the realities of the situation, the restoration of freedom will commence.’

Fortunately, that day is now upon us. A critical mass of humanity is now awake and aware of the obsolete systems that limit our potential.

If the 400 wealthiest people and the CEOs from the 147 most powerful corporations were not so blinded by shortsighted greed, they would urgently call for a summit to strategize the most efficient and effective way to evolve their destructive behavior and use the immense resources that they are presently in control of to enhance the renaissance that is just beginning.

We are on the right side of history. We are offering an olive branch. We come in peace, respect and love. We’re here to amplify the mass transition into a new age of enlightenment. The Occupy movement was the first awakening wave from a tsunami of transformation that is just beginning to wash over the planet. Each successive wave will be more effective in eradicating humanity’s most severe disease, pathological shortsighted greed.

Ye are few… hoarding $46 trillion.

You shall reap what you sow. Karma.

As a very wise man once said, “Enlighten the people generally, and tyranny and oppressions of body and mind will vanish like evil spirits at the dawn of day.”

Just over the horizon shines the first ray of the new rising sun.

Welcome to Renaissance 2.0.

David DeGraw is the founder and editor of http://www.occupyevolver.com. He is the author of The Economic Elite Vs. The People of the United States of America, and his forthcoming book is The Road Through 2012: Revolution or World War III.

© Copyright David DeGraw, 2012

Disclaimer: The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of the Centre for Research on Globalization. The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible or liable for any inaccurate or incorrect statements contained in this article.


© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife