jonsimon
Member
+224|6943

Turquoise wrote:

What's happening to the U.S. economy is similar to what's happening throughout the entire world.  Globalization is allowing poorer nations to slowly rise in their per capita income, while global resources slowly become more scarce as a result of their increased consumption.  In the meantime, aristocracies develop in these poor nations, since most of the money made through outsourcing accumulates among the top 1% of the population.

America isn't that different from the Third World in this distribution of wealth.  Brazil is basically at the bottom of the First World or the top of the Second World (depending on how you look at it), but America and Brazil have very similar wealth distributions.  A very small percentage of the population has a ton of the wealth.

Yet, as globalization continues to affect every nation at every level, this effect of gathering the wealth among a very small group will continue in most nations.  As the Third World grows more prosperous, the average citizens of the First World begin to live less decadently.  Theoretically, this means that the Third World and the First World will eventually meet in the middle.  Most of the world's citizens will be living at a Second World level, while the aristocracies that have developed across the board will continue to live as kings.

Essentially, America and the world in general is facing a very corporate, aristocratic, and autocratic future....

In the short run, the economy looks good, but in the long run....   well, let's just say it isn't pretty.
It's misleading to say the world in general, because nations of equal status as the US are not having this problem with wealth distribution. Europe is not having this class crisis.
ATG
Banned
+5,233|6977|Global Command
I misread the title, I thought is said, " Have you ever LOST a job to a poor person" not "
Have you ever got a job from a poor person "

I got a job from this poor girl once, but she wanted to get paid. I said " towel off and gtfo."

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