The Rich Don't Need You

FluffyMcDeath

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from Salon

Thesis:

The American elite don't actually produce anything. They make their living from leveraging ownership and skimming money from that which flows through their financial service houses.

They don't need Americans to produce anything because it can all be produced overseas anyway.

The elites prefer to hire cheaper labour with less rights and so either wish to export jobs to those people or import those people.

The American middle class is hooped.
 
FluffyMcDeath said:
from Salon

Thesis:

The American elite don't actually produce anything. They make their living from leveraging ownership and skimming money from that which flows through their financial service houses.

They don't need Americans to produce anything because it can all be produced overseas anyway.

Well, I'd go along with that to a degree. However, a source of cheap *local* labour will always be needed.

"For if one had a hundred thousand acres of Land, and as many pounds in money, and as many cattle, without a labourer, what would the rich man be but a labourer?" - John Bellers, 1696.

The elites prefer to hire cheaper labour with less rights and so either wish to export jobs to those people or import those people.

The American middle class is hooped.

I can't argue with that.
 
Robert said:
Well, I'd go along with that to a degree. However, a source of cheap *local* labour will always be needed.

But they don't need much cheap local labour and it can be imported. You don't want to use any of the local labour that expects decent pay and rights, but you can bring in illegals virtually as slaves.

from the article
The late Patricia Buckley, the socialite wife of the late William F. Buckley Jr., once told me, "One simply can't live in Manhattan without at least three servants -- a cook and at least two maids."

New York Mayor Michael Bloomberg recently revealed the plutocratic perspective on immigration when he defended illegal immigration by asking, "Who takes care of the greens and the fairways in your golf course?"
 
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