Posted on 01/29/2021 8:44:54 AM PST by Jan_Sobieski
That's how Neofeudal systems collapse: the tax donkeys and debt-serfs finally rebel and start demanding the $50 trillion river of capital take a new course.
The Great American Middle Class has stood meekly by while the New Nobility stripmined $50 trillion from the middle and working classes. As this RAND report documents, $50 trillion has been siphoned from labor and the lower 90% of the workforce to the New Nobility and their technocrat lackeys who own the vast majority of the capital: Trends in Income From 1975 to 2018.
Why has the Great American Middle Class meekly accepted their new role as debt-serfs and powerless peasants in a Neofeudal Economy ruled by the New Nobility of Big Tech / monopolies / cartels / financiers? The basic answer is the New Nobility's PR has been so persuasive and ubiquitous: soaring inequality and Neofeudalism has nothing to do with us, it's just the natural result of technology and globalization--forces nobody can resist. Sorry about your debt-serfdom, but hey, your student loan payment is overdue, so it's the rack for you...
(Excerpt) Read more at charleshughsmith.blogspot.com ...
If 2020 didn’t get the middle class to revolt then nothing will. They can be entertained for $1,200 and $600/week unemployment.
It’s free if they’re dead.
“Keep the Plebes comfortable by satisfying all of their needs and enough of their wants. A complacent mob is a subservient one.”
We completely put to shame the romans with our current version of bread and circuses. We did things they couldn’t even imagine, like actually making the poorest people the most likely to be obese. I can’t imagine any prior civil upheaval occurring under or current societal conditions. I suspect everyone is going to be shocked at what will be tolerated as long as folks are fat and entertained as it happens.
Freegards
If the author is attempting to blame capitalism, he’s barking up the wrong tree. The fault lies in crony capitalism and government corruption. Wealth inequality is not important. What is important is if everyone has the opportunity to succeed.
Debt slaves enslaved themselves. Nobody holds a gun to your head and forces you to buy anything - house, care, stuff on your credit cards. People can live within their means, they just don’t, nor do they plan for “what if” scenarios such as what if the housing market crashes.
I think a better idea of what has happened and will happened, based on historical precedents is what Samuel T. Francis wrote in 1977 - Revolution is in the Air. You can find it at counter-currents.com, which is a site that I doubt FR approves of.
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