On Wed, Dec 5, 2012 at 12:57 PM, kirby urner <
kirby.urner@gmail.com> wrote:
> On Tue, Dec 4, 2012 at 11:40 PM, Paul Tanner <
upprho@gmail.com> wrote:
>>
>> On Tue, Dec 4, 2012 at 5:26 PM, kirby urner <
kirby.urner@gmail.com> wrote:
>> ...
>> > So this myth that there's a 1% elite of financially well-to-do that
>> > rules
>> > the world
>> ...
>> > There is no such thing as the 1%, or the 99%, but it helps to have a peg
>> > to
>> > hang your mask on anyway.
>>
>> It's a brute mathematical fact that now more than 90% of all newly
>> created wealth and income goes to the top 1% of the income
>> distribution, but even just recently it was much less than that -
>> under Clinton it was down around just 40%.
>>
>
> That doesn't translate easily into being a ruling elite though. Look at
> history.
>
> I'm not saying I don't believe in smallish cliques and cabals with power and
> influence.
>
> A lot of them don't have tons of money though.
>
> It's not like the "1%" are all in collusion, planning the future behind
> closed doors, while the "99%" are out in the cold, clueless and not
> contributing.
>
> That's way too simplistic a caricature.
>
>>
>> > We don't buy in to the silly obsolete concepts they still buy "back
>> > east"
>> > where the infrastructure is more decayed and the people think more like
>> > Euros and Brits (poor slobs).
>> >
>>
>> Silly obsolete concepts? Poor slobs? It's a brute mathematical fact
>> that the Scandinavian countries are per capita the richest countries
>> in the world, where, for example, the per capita nominal GDP of Norway
>> is twice as large as that of the US. And it's a brute fact that
>> according to the science that actually tries to measure happiness
>> among countries, Norway is the happiest country in the world.
>>
>
> So by your reasoning do Scandinavian countries now rule the world?
>
>