In order to make fire or to put fire out you need the fire triangle: oxygen, fuel and heat. Take one away and the fire goes out. For the capitalists’ consumer system to thrive like fire it needs: money, demand and product, if you take one of these away and capitalism dies. Let’s look at what happens when 400 individuals accumulates more than $2 trillion and keeps it in their pockets year after year. This is the start of inequality, which causes poverty. The USA now is at the highest level of inequality in our history. We sit between Venezuela and Uruguay. We are even higher than every major European or East Asian nation in our inequality, which causes poverty through economic mismanagement. The corporations don’t spend their money; they just sit on it, which drains money from the economy and the “fire” goes out. With no corporations spending there will be no jobs, which means no workers spending, which means no demand for products (the fire is snuffed out). With fewer jobs and with t...
This blog is a quick read about concerns, whether local or international, facing union and non-union workers.