Multi-millionaire Nick Hanauer is no dummy. He sees the writing on the wall.I'd strongly suggest you read this entire piece titled "The pitchforks are coming . . . for us Plutocrats"
And what do I see in our future now? I see pitchforks.
At the same time that people like you and me are thriving beyond the dreams of any plutocrats in history, the rest of the country—the 99.99 percent—is lagging far behind. The divide between the haves and have-nots is getting worse really, really fast. In 1980, the top 1 percent controlled about 8 percent of U.S. national income. The bottom 50 percent shared about 18 percent. Today the top 1 percent share about 20 percent; the bottom 50 percent, just 12 percent.
But the problem isn’t that we have inequality. Some inequality is intrinsic to any high-functioning capitalist economy. The problem is that inequality is at historically high levels and getting worse every day. Our country is rapidly becoming less a capitalist society and more a feudal society. Unless our policies change dramatically, the middle class will disappear, and we will be back to late 18th-century France. Before the revolution.
And so I have a message for my fellow filthy rich, for all of us who live in our gated bubble worlds: Wake up, people. It won’t last.Read more: http://www.politico.com/...
I wrote about the rich helping politicians getting elected and then arming the crazies and passing all kinds of lethal laws that one day they will turn the channel and see another truth one that really seems to describe their situation and it won't be coming from Fox and those they have armed and emboldened to thumb their noses at the law will remember who's responsible for their predicament, I did not say pitchforks but those guns they cling to will take out more than pitch forks.
so will the rich become recluses or get the hell out of dodge? if you break it you are obligated to fix it they don't think so but they are not in the jackpot of inequality but will be in the jackpot of revenge.
No society can sustain this kind of rising inequality. In fact, there is no example in human history where wealth accumulated like this and the pitchforks didn’t eventually come out. You show me a highly unequal society, and I will show you a police state. Or an uprising. There are no counterexamples. None. It’s not if, it’s when.
