stillidealistic's picture

    Economic Globalization - Winners and Losers

    Excellent, excellent, must read article about economic globalization and who the winners and losers are. In case there was any question, the middle class in America DOES NOT fall into the winners category.

    The article, published in a blog called "The economic Collapse," starts by informing us that the globalization many think is something that will occur sometime in the future is already here, gives examples, and lists a dozen of the free trade agreements already in force around the world.

    Although most of us understand that the top 2% of Americans have seen upwards of 66% of increased wealth in this country in the past few years, one statistic that jumped out at me was that

    "according to an analysis by The Hill, the 50 wealthiest members of the U.S. Congress saw their collective fortunes increase 85.1 million dollars to $1.4 billion in 2009."

    The article is void of suggestions on how to reverse the damage to the middle class, but ends with this:

    But in 2010, most Americans are so busy drinking beer, watching sports, keeping up with Lady Gaga and Justin Bieber, and obsessing over the new cast of Dancing With The Stars that they aren't even aware that things are literally falling apart all around them.

    It is really sad.

    I think I might change the "most" to "many,"  because an increasing number of Americans are living the nightmare, and it is way beyond sad, but aside from that...DUH!

    So, if you accept the premise of the article, and you accept that both parties are to blame, and you accept that working outside the 2-party system would take far longer than we have, even if it COULD eventually bring about change (which is arguable), how the hell do we stop/reverse this? Nice doesn't seem to be an option. The "symbolic" pitchforks seem to be offensive to some, and I can't bring myself to suggest an actual armed insurrection. So what can we little people do?


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