Posted 1 year ago on Aug. 18, 2013, 3:29 p.m. EST by equibble
from East Point, GA
This content is user submitted and not an official statement
“There are liars, damned liars and statisticians!” So said Mark Twain. What he didn't say is that statistics lie. They don't unless falsified by those who use them to bend the will of the people to their own ends.
Statistically speaking, how does the probability of success vary with the concentration of wealth? Before that question is answered we must decide what wealth is. Since I'm writing we'll use my definition. Wealth is land, resources, productive facilities and the energy to produce it from the first three. Included in energy to produce wealth is labor. I won't include it, because in a rational world peoples who work will consume as much wealth as they produce. People who work are the real producers of wealth. Also, I won't include money. Money isn't wealth. Money represents wealth in trade. As to the original question: how does the probability of success vary with the concentrate of wealth? I'll leave that as an exercise for the reader.
Chris Hedges has noted the probable outcome when workers are short changed in the marketplace.
Murdering the Wretched of the Earth
Posted on Aug 14, 2013
By Chris Hedges