eftychia: Me in kilt and poofy shirt, facing away, playing acoustic guitar behind head (Default)
Add MemoryShare This Entry
posted by [personal profile] eftychia at 05:24am on 2017-09-15

"As long as we're valuing capital over labor, we have a future in store that's owned by the 0.0001% where the rest of us get to pay for the privilege of being allowed to breathe their air and live on property they own. Where I get stuck at is how we get out of this bind--with people like the Mercers and the Kochs and the various Putin-orbit oligarchs holding the rights to so much of the world's wealth, how do we devalue, divest, and otherwise claw back those resources to a place where we can use them for the good of society, rather than the plutocrats?" -- Boussinesque, commenter at Balloon Juice [thanks to [info] realinterrobang for quoting this earlier]

There are 3 comments on this entry. (Reply.)
madfilkentist: My cat Florestan (gray shorthair) (Default)
posted by [personal profile] madfilkentist at 10:08am on 2017-09-15
There was a time when labor was all we had, without capital apart from basic tools. People worked hard with their muscles, had little, and wore themselves into old age early.
metahacker: (doyouhas)
posted by [personal profile] metahacker at 12:53pm on 2017-09-15
Perhaps a happy medium exists.
flwyd: (currency symbols)
posted by [personal profile] flwyd at 04:36am on 2017-09-23
Somewhere I read a theory that one factor in World War I was that most of the wealth had accrued to a very small set of people. The war then destroyed a great amount of wealth, resetting the field so to speak.

Links

January

SunMonTueWedThuFriSat
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24
 
25
 
26
 
27
 
28
 
29
 
30
 
31