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September 20, 2014


America’s Immoral Wealth/Income Inequality. Worse Than You Think (VIDEO)

One can speak about income and wealth inequality with words that make this evil seem like just an antiseptic endeavor. One can try to continue to live under the delusion that in America if you work hard, if you have a great idea, and if you are smart about it, you have equal access to success.

Sadly, there is a built in bias against the middle class and the poor that ensures there is not equal access to success or wealth but mostly a selective access. That selection is not necessarily fair nor does it go to the most deserving.

The owners of investable capital who continue to profit by taken an unfair share out of the economy, are a very small percentage of the population. This is the “class” that selects with whom and where to invest that capital.

It is even more sinister than that. The owners of capital through the patent system can stymy the small entrepreneur attempting to innovate (e.g., the small software developer sued and dragged into court for a design some corporation claims they hold a patent for). The farmer can never get ahead if he must buy seeds because his fields are cross pollinated with genetically modified seeds that are owned by a corporation. Politicians bribed by the wealthy class pass laws (regulations) that effectively protect businesses from competition (e.g., the hydrocarbon industry stymying the effort of alternative sources of energy through policy and deception).

It is important to understand America’s wealth and income inequality as detailed in the video. It is more important to understand the causes which include both the institution of supply side economics for the last thirty plus years, outsourcing of the American jobs, and bad tax policies. It is essential that solutions are understood as absent correcting this problem, the systematic destruction of the middle class will continue in an accelerated fashion.



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About Egberto Willies

Egberto Willies is a radio show host, author, blogger, political activist, DailyKOS Featured Writer, Vice President of Coffee Party USA, Executive Committee member of Move to Amend, 2nd Annual CNN iReport Spirit Award Honoree, HuffPost Live Contributor, self-employed software developer, & web designer. Egberto wrote the book ‘As I See It:Class Warfare The Only Resort To Right Wing Doom’ based on his belief that the mainstream media is derelict in its duty to relate what really ails the middle class and the complicity of the Right Wing in its demise. Bio: http://egbertowillies.com/bio/ Linked In: http://linkd.in/TOiHUS. Google

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  1. [...] America’s Immoral Wealth/Income Inequality. Worse Than You Think (VIDEO) [...]

  2. [...] The title is striking but very accurate. It describes the march that America is on with corporations encroaching on our individual liberties. They do this even as they use propaganda to mislead Americans into believing that government is the infringer and that government regulation is impeding corporations to execute effectively to promote a good economy. Of course they should cherish said “infringement” since they are making record profits and the nation’s wealth is migrating towards those that are the corporate ma…. [...]

  3. [...] be clear, it is fact that the top 10% of Americans pay about 70% of federal income taxes. However, wealth and income is so skewed to the top that even with that, the marginal effect of taxes on the middle class far exceeds that of the top [...]

  4. […] Reich correctly states that Americans need the right to form a union without being sacked for trying. Businesses have always had unions, though they don’t call them that, to lobby the government for them and to mislead the average American citizen for them. No one must forget that the Chamber of Commerce and other trade organizations are nothing but unions of businesses by another name. The only leverage an American work has absent just quitting the workplace is to join together to demand their portion of the American pie. For too long it has been going to those that have produced the least which has caused America’s immoral wealth and income inequality. […]

  5. […] Reich correctly states that Americans need the right to form a union without being sacked for trying. Businesses have always had unions, though they don’t call them that, to lobby the government for them and to mislead the average American citizen for them. No one must forget that the Chamber of Commerce and other trade organizations are nothing but unions of businesses by another name. The only leverage an American work has absent just quitting the workplace is to join together to demand their portion of the American pie. For too long it has been going to those that have produced the least which has caused America’s immoral wealth and income inequality. […]