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dwot (99.50)

Farrell on wealth inequity

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August 11, 2010 – Comments (6)

Paul Farrell has a piece where he is warning about some kind of class warfare due to the gross misallocation of wealth that has been happening for some time.

I think as grossly inequitable wealth distribution continues higher levels of schadenfrede behaviour are seen.  To me, it was unbelievable the degree of this behaviour that exists in Britain, which imho, helped to make it a really awful place to live.  But, I also couldn't believe the level of racism and bullying.  I tend to think these are all component of class warfare.  Where I was I found the education level low, but their 6th form is like our senior high school and there is little expectation to do 6th form.  Leaving school at about a grade 10 level is completely acceptable, and most of my students who would be leaving school at the end of the year struggle with their multiplication tables.  It was totally unbelievable to me.  

6 Comments – Post Your Own

#1) On August 11, 2010 at 10:34 AM, outoffocus (24.48) wrote:

No offense to you,  but this is a really great article and your commentary does not do justice to this hardhitting issues addressed in article such as:

- How the 2 party system has destroyed our economy

- The damage caused by the removal of the gold standard

- Our national debt

- Then he goes on to address the class warfare as a result

My only criticism is that the article is highly anti-GOP which, in my opinion is counterproductive. I think both parties are equally complicit in selling America down the river. Other thanthat I recommend reading this article. 

I think I will look for the originaly commentary from David Stockman to see if it has the same anti-republican spin.

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#2) On August 11, 2010 at 10:46 AM, SkepticalOx (99.43) wrote:

#1 - Stockman has a point. While Democrats are known as for their "tax and spend", Republicans have a possibly more absurd "tax cuts and still spend". If being fiscally responsible is to spend within your means, then the Republicans are the worse of the two because they enact policies which take in even less revenue.

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#3) On August 11, 2010 at 10:54 AM, dwot (99.50) wrote:

outoffocus, I guess I focus on the class-warfare part of it because of my experience living in Britain.  It truly was one of the worst experiences of my life and it left me with thinking a lot about how a society could go that way.  The level of stress from living that way was unbelievable and the teens ran wild.  It is pretty amazing when a 14-year-old asks you to buy cigarettes or booze for them when they know you are a teacher.

I met a dear retired teacher when I was there, she was 78 and she talked about the huge difference in the country and education system since she had taught.  Something she said that was very sad that she said was shared by others her age is that they were grateful they were coming to the end of their years as they were no longer proud to be British and they were grateful to have lived out most of their lives when their nation was a great nation and one to be proud of.  The other thing, her generation blamed the decline on the excessive growth of the welfare state.

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#4) On August 11, 2010 at 10:58 AM, SkepticalOx (99.43) wrote:

FYI, you can find that NYT Op-Ed piece here!

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#5) On August 11, 2010 at 11:03 AM, outoffocus (24.48) wrote:

I met a dear retired teacher when I was there, she was 78 and she talked about the huge difference in the country and education system since she had taught. Something she said that was very sad that she said was shared by others her age is that they were grateful they were coming to the end of their years as they were no longer proud to be British and they were grateful to have lived out most of their lives when their nation was a great nation and one to be proud of.  The other thing, her generation blamed the decline on the excessive growth of the welfare state.

Thats interesting. I've heard my grandfather echo the same sentiment.

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#6) On August 11, 2010 at 11:15 AM, dwot (99.50) wrote:

Thanks SkepticalOx.

 

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