Inequalities are a result of low wages, based on big profits, financial swindles, multi-trillion dollar public handouts and multi-billion-dollar tax evasion

If you still have illusions about the American dream, thanks to sojourner for this:

Image: http://www.commondreams.org …Inequality is not a result of ‘technology’ and ‘education’- contemporary euphemisms for the ruling class cult of superiority – as liberals and conservative economists and journalists like to claim. Inequalities are a result of low wages, based on big profits, financial swindles, multi-trillion dollar public handouts and multi-billion-dollar tax evasion… …US corporations in […]

via How Billionaires Become Billionaires | Global Research – Centre for Research on Globalization — An Outsider’s Sojourn II (The Journey Continues)

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2 thoughts on “Inequalities are a result of low wages, based on big profits, financial swindles, multi-trillion dollar public handouts and multi-billion-dollar tax evasion

  1. I think the best way to define this inequality is not just to observe that a Carlos Slim or David Rockefeller owns more wealth than almost the entire human population on Earth, but also thatthey are reluctant to let workers enjoy or benefit from any fruit of their labour, AT ALL. They too smart and/or cowardly to admit it in public, but I bet the owners secretly long for a return to officially sanctioned slavery, minus the “taking care of your slave” part. It saddens me to hear even a Xi Jinping or a Vladimir Putin, characters from outside NATO-land praising “open commerce” during their big speeches, when at least from my point of view, the mentality of trade and investment banking over all is exactly what’s cannibalising the basic functions of human society in most countries. Mexico and India have been touted as “dynamic economies”, “great places to do business”, yet all of our problems only seem to get worse.

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