Today is the official start of the Davos World Economic Forum, during which some of Earth’s richest and most powerful people convene in amazing luxury to decide who will win and who will lose. And wonder of wonders, a few bits of common sense are appearing on the horizon:
Number A: Japan’s recent turnaround, which happened after they finally gave up on Voodoo Reaganomics, was the keynote topic;
Letter 2: income inequality is on the agenda; and
Thirdly: Oxfam’s recent gruesome report on just how badly the rich and powerful are f***ing the rest of us is being looked at.
Looked at is good, but acted upon would be better. The report’s gist is that across the world (as in America since Reagan) the rich and powerful have rigged the game and are gleefully piling up filthy lucre, which is putting billions of people in a no-win, guaranteed-loss situation:
The Oxfam report found that over the past few decades, the rich have successfully wielded political influence to skew policies in their favour on issues ranging from financial deregulation, tax havens, anti-competitive business practices to lower tax rates on high incomes and cuts in public services for the majority. Since the late 1970s, tax rates for the richest have fallen in 29 out of 30 countries for which data are available, said the report.
This “capture of opportunities” by the rich at the expense of the poor and middle classes has led to a situation where 70% of the world’s population live in countries where inequality has increased since the 1980s and 1% of families own 46% of global wealth – almost £70tn.
The 1% of the world are a load of purblind fools who have either never read history, or stupidly think they are smarter than billions of other humans, so let’s make this plain for them, shall we? Oxfam’s report clearly (and correctly) points out that this fleecing of the many to benefit the few is creating instability. In other words, revolution is around the corner.
It happened in France. It happened in China. It happened in Russia. It has happened, can happen, and will happen anywhere that people are being treated unjustly and feel that they have nothing to lose. And right now, Gentle Reader, nearly 3/4 of the world’s population feels that they have nothing to lose.
In America, it will continue until the “Republicans” who were and are behind the scam get voted out of office. And if they don’t get voted out of office soon, shit’s gonna go down sometime. And it will be bloody and destructive in a mammer such as the world has never before witnessed, and will not be confined to our shores, because the great robbery has happened around the world.
And it’s ridiculous. Can you wear more than one suit at a time, eat more than one meal at a time, drink more than one drink at a time? Hell, no. Beyond a certain point, acccreting further wealth becomes useless and meaningless. As well as dangerous and destructive.
You. Cannot. Keep. Abusing. People. Forever. Eventually, even a dog will bite back; people will do it sooner than dogs. And the “bites” of humans will do a lot more damage, too. Earth to Davos: you have the people gathered in one place, at one time; the people who can change this horrible state of affairs (many of whom helped to create it, and who have benefited from it). If you don’t change what’s happening, then you can’t change the outcome.
And regardless of of what the 1% may think, the outcome will destroy them, just as it will will the 99%. Davos: you can change the outcome; and if you don’t, well, even all your riches won’t buy enough soap to wash the blood of billions from your greedy, clutching hands.
Mr. Blunt and Cranky