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applegrove

(118,769 posts)
Sat Sep 8, 2012, 12:44 AM Sep 2012

You know the money the rich are losing, by not allowing a middle class

Last edited Sat Sep 8, 2012, 02:35 AM - Edit history (1)

in the USA enough wealth to buy products, is more than made up for by the right wing business model they will impose on the world and newly emerging economies. They are willing to give up consumer driven economy in the USA if it means they will never have to pay good wages to the people of the world. More profit in it for them in the long haul.

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You know the money the rich are losing, by not allowing a middle class (Original Post) applegrove Sep 2012 OP
But someone, somewhere, needs to be able to buy. You can't eternally chase a lower wage gkhouston Sep 2012 #1
Probably the only way for corporations to ensure they sell stuff in a newly emerging market applegrove Sep 2012 #2
Exactly. Summer Hathaway Sep 2012 #3
The battle is no longer about profit. The wealthy seek absolute power. AdHocSolver Sep 2012 #4
Ding Ding Ding..... AnneD Sep 2012 #6
I guess they don’t teach history in the private prep schools of the 1% nopedontlikeitatall Sep 2012 #5
Ding Ding Ding...... AnneD Sep 2012 #7
Also, the GREAT firesales tanking the MC creates. The Doctor. Sep 2012 #8
Deflation for the middle class to fight inflation for the rich. applegrove Sep 2012 #9

gkhouston

(21,642 posts)
1. But someone, somewhere, needs to be able to buy. You can't eternally chase a lower wage
Sat Sep 8, 2012, 01:02 AM
Sep 2012

because eventually no one will be able to afford the stuff they make. And they should know this, but everything seems to be about making a buck this quarter and not about a sustainable business model.

applegrove

(118,769 posts)
2. Probably the only way for corporations to ensure they sell stuff in a newly emerging market
Sat Sep 8, 2012, 01:21 AM
Sep 2012

and take all the profits out (a la walmart) is for corporations to dominate those countries politically too. People are not going to put up with a Walmart forever if all it does is drive down prices of local suppliers and give shit wages to local employes. People in countries will at some point want to try another economic model. To dominate the world economically they have to dominate the world politically too. So they do it in the USA first. And just as making the middle class less powerful means corporations are relatively speaking more powerfull, so do lower wages make for more profit. Fortunately a majority of americans are not on board. But I really wonder what other tricks the right will find to get a majority of Americans to vote against their own economic best interest.

Summer Hathaway

(2,770 posts)
3. Exactly.
Sat Sep 8, 2012, 01:39 AM
Sep 2012

This is why I immediately discount the cries of those who insist that the aim of corporations is to make work-slaves of everyone, ground down to the point of making enough money to merely barely exist - and not a penny more.

Corporations want to maximize their profits - true. Corporations often do so via unscrupulous means - also true.

But the idea that any corporation wants to eliminate a middle-class that can afford to purchase what they produce is ridiculously naive. The 1% will only buy so many big-screen TV sets, designer outfits, and $6,500 leather purses.

It is in the best interest of corporations to provide goods and services that the middle-class earn enough to afford. And they know it.

AdHocSolver

(2,561 posts)
4. The battle is no longer about profit. The wealthy seek absolute power.
Sat Sep 8, 2012, 03:16 AM
Sep 2012

The wealthy seek absolute political control to stifle any and all opposition.

The government is the only institution that has any political clout in which the people can influence policy, provided that the people can place officials in power who will heed the people's interests.

This is why the right wing works so hard to suppress the vote of working class and middle class people who would vote for moderates and progressives.

Understand what the war on the middle class is all about. It is no longer about profit. It is about absolute control.

 
5. I guess they don’t teach history in the private prep schools of the 1%
Sat Sep 8, 2012, 04:51 AM
Sep 2012

It is estimated that there are over 260 million guns in private hands in America.

The 1% is going down a very dangerous road and when people finally wake the F up and see who is really F-ing them over it will not be pretty.

Angry and Desperate people with nothing left to lose may very well decide to repeat history, but this time guillotines won’t be used this is ‘merica after all.

This is not a threat nor a call to arms just a simple fact about well-armed desperate people and what could very well happen when they have nothing left to lose.

AnneD

(15,774 posts)
7. Ding Ding Ding......
Sat Sep 8, 2012, 05:51 AM
Sep 2012

We have another winner!

And you can bet they are trying to think of every way possible to get the guns from us. But try as they might, it is right there in the founding documents and seems to be wired into our cultural DNA. The only time they disarmed a segment of the population was with the American Indians. It took them 50 years of warfare, untold numbers of deaths, and they only succeeded by placing the Natives into POW camps aka reservations and engaging in racial cleansing via starvation, disease, and stamping out culture, language and education of the young.

 

The Doctor.

(17,266 posts)
8. Also, the GREAT firesales tanking the MC creates.
Sat Sep 8, 2012, 08:20 AM
Sep 2012

Cheap land, cheap resources, cheap real-estate, and CHEAP labor.
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