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We do the work. Someone else takes the wealth.

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CJStone
Posts: 36
Joined: 24 Aug 2010, 13:12
Gender: Male

We do the work. Someone else takes the wealth.

Post by CJStone »

Economics is easy to understand. Wealth comes from human beings. It’s as simple as that. It comes from human beings engaging with nature in an intelligent and productive way in order to make all of the things we want and need. It is work that makes wealth.

The reason that modern economics has become so complex is that it has attempted to obscure this simple fact behind a fog of distraction in order to hide the processes by which a very few people have become more and more obscenely wealthy, while the rest of us are being squeezed to the point of desperation.

We do the work. Someone else takes the wealth.

http://hubpages.com/hub/We-do-the-work- ... the-wealth
Wessex
EX ROYAL MAIL
Posts: 1267
Joined: 10 Jul 2007, 17:20

Re: We do the work. Someone else takes the wealth.

Post by Wessex »

An interesting article
BELIAL
Posts: 6758
Joined: 15 Jun 2007, 17:33
Gender: Female
Location: Nowhere

Re: We do the work. Someone else takes the wealth.

Post by BELIAL »

:Applause Excellent article, clear and concise.
Maybe you have some thoughts on a recent event that neatly illustrates some of your points.
Thinking of the IMF representative telling Pakistan that ' it could avoid natural disasters by widening its tax base and raising more revenue' :shock:
Bye
wolfie citizen smith
Posts: 599
Joined: 29 Oct 2007, 20:21
Gender: Male
Location: One of many who stands strong

Re: We do the work. Someone else takes the wealth.

Post by wolfie citizen smith »

I feel your frustration brother :Applause
"ever get the feeling you've been cheated" John Lydon
borders
Posts: 1303
Joined: 11 Sep 2007, 09:10

Re: We do the work. Someone else takes the wealth.

Post by borders »

great article , especially like this line " Do you ever get the feeling that we’ve been ever-so slightly conned?" :wink:
"why should it just be the bankers, politicians and the idle rich who get all the best things ? we demand a standard of living for our members that enables them to share in the fine wines and times that the likes of Cameron and his Eton buddies take for granted " - the late great Bob Crow RIP.
borders
Posts: 1303
Joined: 11 Sep 2007, 09:10

Re: We do the work. Someone else takes the wealth.

Post by borders »

i have just read all of the replies to his article , well worth the read, like these two-
BkCreative 3 weeks ago

"Ah, yes, and so it goes. You have explained it so easily. In the US it was called 'the trickle down effect' - let the rich have it all and some of that wealth would trickle down to the others (suckers). What works here is the free philosophy of 'divide and conquer' - while we were running around hating each other, absolutely everything was being looted and deregulated - the credit card and mortgage industry, food, pharmaceuticals, banking, airlines, car industry, there is no job protection, no pensions, our money is backed by nothing, and on and on and on.

There is this saying - if you put a frog in hot water, it will jump out - but put it in cool water and keep adding hot water it will stay in and be burned to death' - well we are the frogs here. As long as it is slow and consistent we will do nothing. "
and -
mquee 2 weeks ago

"This is an excellent article that I wish every working person in the world would or could read. As we are growing up, we are told that working hard will get us ahead. Hard work does not translate into job advancement or wealth for the working person.


This hub is very informative and forced me to ponder areas that I had never really thought about before. Great work."
"why should it just be the bankers, politicians and the idle rich who get all the best things ? we demand a standard of living for our members that enables them to share in the fine wines and times that the likes of Cameron and his Eton buddies take for granted " - the late great Bob Crow RIP.
borders
Posts: 1303
Joined: 11 Sep 2007, 09:10

Re: We do the work. Someone else takes the wealth.

Post by borders »

Hello CJ Stone , i think Karl Marx had his finger on the pulse , the creation of " Surplus Value " as a means to create wealth.
RM is our coalface and i had an experience yesterday with one of our illustrious leaders,
i work in distribution and several of us were sent indoors to help out. 2 managers were stood watching us work and one of them came over and said to me " ah well, when you get used to what you are doing , you will become much more efficient ".
we were tipping bags of mail into a container , for christ's sake !!!! something most posties must have done a thousand times !!
the contempt the managers have towards the workforce in RM these days is unbelievable !! and kinda mirrors the type of society we live in today.
"why should it just be the bankers, politicians and the idle rich who get all the best things ? we demand a standard of living for our members that enables them to share in the fine wines and times that the likes of Cameron and his Eton buddies take for granted " - the late great Bob Crow RIP.