T Nation

Get Busy Living, or Get Busy Dying

If you think the middle class is alive and kicking, think again. Management has slowly but surely been lining their pockets at the expense of everyone else.

http://www.thenation.com/doc/20070604/sirota

[quote]Skystud wrote:
If you think the middle class is alive and kicking, think again. Management has slowly but surely been lining their pockets at the expense of everyone else.

http://www.thenation.com/doc/20070604/sirota[/quote]

It’s self-evident that in a capitalistic society where savage competition and monopolies are common place, will get the rich ever richer and the poor relatively poorer.

For the skeptics, look at the ratio of new businesses that become succesful compared to the ones that go out of business in the next 5 years and you’ll understand.

[quote]lixy wrote:
Skystud wrote:
If you think the middle class is alive and kicking, think again. Management has slowly but surely been lining their pockets at the expense of everyone else.

http://www.thenation.com/doc/20070604/sirota

It’s self-evident that in a capitalistic society where savage competition and monopolies are common place, will get the rich ever richer and the poor relatively poorer.

[/quote]

Monopolies are next to impossible in capitalism and your other claim is wrong (see other thread).

[quote]lixy wrote:

For the skeptics, look at the ratio of new businesses that become succesful compared to the ones that go out of business in the next 5 years and you’ll understand.[/quote]

I understand that it is not easy to be an entrepreneur and that the risk is high, which is why they get paid well if they succeed.

Traditional work as we know it is changing. Physical labor no longer commands the $$$ it once did. A Chinese will do manual labor much more cheaply. Also, technology is replacing human labor.

It therefore follows that those who own capital will, in a sense, gain relative to the working class. Those who offer physical labor lose as owners need less and less of them.

The solution is to either have skills that cannot yet be replicated cheaply (teaching, medicine, engineering,…) or to own a business. Each of those professions (and maybe even owning a business) requires extensive education.

Now the worst part: humanity may be speciating; those who CAN conceptualize and those who think like animals, at the perceptual level. The Perceptors will suffer and be non-competitive. Like the hordes of the uneducated in Africa, Asia, and South America, they are doomed. (This may be the source of tension in the Middle East, as it falls further and further behind economically to the West. Once oil is no longer needed, it’ll be just like Sudan or Ethiopia there.)

Discussion?

[quote]Headhunter wrote:

The solution is to either have skills that cannot yet be replicated cheaply (teaching, medicine, engineering,…) or to own a business. Each of those professions (and maybe even owning a business) requires extensive education.

[/quote]

I know flight attendants that make more than High school teachers. What the hell are you talking about?

[quote]lixy wrote:
Skystud wrote:
If you think the middle class is alive and kicking, think again. Management has slowly but surely been lining their pockets at the expense of everyone else.

http://www.thenation.com/doc/20070604/sirota

It’s self-evident that in a capitalistic society where savage competition and monopolies are common place, will get the rich ever richer and the poor relatively poorer.

For the skeptics, look at the ratio of new businesses that become succesful compared to the ones that go out of business in the next 5 years and you’ll understand.[/quote]

And that’s why doing nothing and standing there with your hand out to revieve the bare minimum is better.

No thanks, I’ll take capitolism. Yea, I got to do a little work, but it’s definately paid off so far.

There are definately greedy, nasty, horrbile capitolists who deserve much pain in there lives. There may be a better system than capitolism, and when somebody reveals it, I am on board. Socialism/Communism are proven failures so I ain’t going threre.