"Yet, the gap in wealth-which includes investments in addition to paychecks-between the richest Americans and everyone else has continued to widen."
"Only 43.3% of all households owned any stock" Of those, many portfolios were relatively small. Nearly 90% of all shares were held by the wealthiest 10% of households. That top 10% held 73.2% of the country's net worth, up from 68.2% in 1983." (Emphasis added.)
The article stated "households", not governments. Now add to the 73.2% the surpluses held by governments and the amount owned and controlled by the wealthiest 10% will probably exceed 90% or more of the wealth of America.
When Does Communism Exist, 73.2%, 90%, or 100%?
Remember, communism is a concept or system of society in which the major resources and means of production are owned by the community (governments and a few individuals who control governments) rather than by individuals. In theory, such societies provide for equal sharing of all work, according to ability, and all benefits, according to need. Some conceptions of communist societies assume that, ultimately, coercive government would be unnecessary and therefore that such a society would be without rulers. Until the ultimate stages are reached, however, communism involves the abolition of private property by a revolutionary movement; responsibility for meeting public needs is then vested in the state.
The special elite decide on how the wealth will be distributed among the people. All life styles, standard of living, actions, thoughts, and even life itself is decided by the state because the state owns and controls everything. Is it possible that communism could be created within a capitalistic society without a revolution? Have we already reached that point?
History Repeating Itself?
They say communism is only one step away from socialism. In this country we have been following the historical society cycle: Republic - Democracy - Socialism - Oligarchy - Communism or Dictatorship- Revolution and the cycle starts over again. But it usually starts with Democracy not a Republic as we did in 1776.
Someone Thinks There is Something More Important
Can you think of any other item that could do more in our society or provide as many benefits as returning surpluses to the people?" When we asked one person this question, he responded, "Yes - declare Washington, D.C. a foreign country with its occupants having no immigration rights."
Reforms Come From Below. No Man With Four Aces Howls for a New Deal.
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
1
1
1
