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Forum Post: Wealth, as an Addiction

Posted 3 months ago on Jan. 20, 2014, 1:03 p.m. EST by shooz (26731)
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"But in the end, it was actually my absurdly wealthy bosses who helped me see the limitations of unlimited wealth. I was in a meeting with one of them, and a few other traders, and they were talking about the new hedge-fund regulations. Most everyone on Wall Street thought they were a bad idea. “But isn’t it better for the system as a whole?” I asked. The room went quiet, and my boss shot me a withering look. I remember his saying, “I don’t have the brain capacity to think about the system as a whole. All I’m concerned with is how this affects our company.”

I felt as if I’d been punched in the gut. He was afraid of losing money, despite all that he had."

http://www.nytimes.com/2014/01/19/opinion/sunday/for-the-love-of-money.html?_r=4

What that addiction does.

http://www.truth-out.org/buzzflash/commentary/item/18427-four-shocking-signs-of-further-income-redistribution-to-the-rich-in-just-one-year

And a light version of what it could be.

As in.......what if they shared with their workers?

http://www.freep.com/article/20140120/BUSINESS07/301200058/companies-shared-their-cash-with-employees

6 Comments

6 Comments


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[-] 1 points by ZenDog (20533) from South Burlington, VT 3 months ago

Here are some interesting stats, according to Oxfam:

Further:

.

It's all the same link - I just like the added emphasis. I mean, think about it. 85 people control as much wealth as almost half of the global population.

I think that what that means is that the solution to our problems is really quite simple . . .

[-] -1 points by shooz (26731) 3 months ago

29 out of 30 countries adopted libe(R)topianism!!!

Who need Galt's Gultch, when you've got $110 trillion?

Plus at least another $21 trillion in the hole?

I know.....I know..........

It simply must be a duopoly.

[-] 1 points by ZenDog (20533) from South Burlington, VT 3 months ago

there are, I do believe, a finite number of possible solutions, along with a finite number of possible outcomes. Some number of individuals simply must be curbed, by one method or another. There are far too many for any single individual to attempt to contend with and have any hope of success.

It requires some organization and a clear understanding of the practical solutions. Resources must be assembled and brought to bear . . .

that's all . . .

It really is a shame that so much valuable time has been wasted already . . .

[-] 1 points by shooz (26731) 3 months ago

Time.........is still wasting.

But it's like I said, now further confirmed.

The thing they fear the most.......

Is the loss of their wealth.

[Removed]

[-] 1 points by RadicalsUnite (94) 3 months ago

we aren't ready for any real level of involvement at this point in history, very distracted and easily manipulated through the media bonanza. The question is- can this be artificially created? if so, how. if not, what will get us there.