I have read a very interesting article by Nick Hanauer, the multibillionaire that has already been exposing the lie of ‘The Job Creators’ during a TED talk that became banned.
This is an extract from his great talk:
Anyone who says that rich people create jobs is lying – rich people don’t create jobs more than a squirrel created evolution. There have never been so much rich people as it is today. If rich people created jobs we would be drowning in jobs now.
Money doesn’t trickle down from the rich to the poor either, you just have to look at the world today and see that this isn’t true. The stock exchanges making more money than ever and we are only getting more and more poor people.
Funny how it sounds truer when spoken by one of the 1%ers, like in many other things, we give some the authority to make common sense claims and vow to only believe those that have acquired a patent for speaking up through, go figure, some system means, be it money or education. We authorize those that were system indoctrinated to promote ideas and beliefs about why things are the way they are and ask them advises on how to change them – we are strange, clueless creatures so far.
Here is his latest article entitled
This guy is wide awake, I like the way he looks at Capitalism specifically because he loves Capitalism and yet he is able to see its many faults, that could be corrected by amending the starting point, by deciding that all must benefit and that, the whole benefiting, will benefit the few up on top way more than the trickle down fantasy that has not benefited the ones at the bottom -at all.
The ones at the top can count on the ones at the bottom spending money when they have it buying up products of the very corporations they own, while the opposite showed to not be true, people who are richer are not benefiting the economy more in proportion, they can’t buy 10000 pillows because they are richer, or 5000 cars, there is a limit to their ability to spend, which is not the case for the, currently, poor/poorer ones.
Those are the ones that could really boost an economy up.
Among the comments in his You tube video which was originally longer, here is one that struck me
‘This guy has the balls to show an earth centric solar system then starts his argument in the same fashion stating that the consumer is the center of job creation. The fact is, without the entrepreneur, without the loan or capital of the rich or those with savings, VC’s, without initial jobs created, and consumables consumers want already available does the consumer then even enter the equation. This guy is an idiot, and as proof I offer this: If the rich don’t create jobs, it’s only the demand for the product, why don’t time machines exist? I would love a time machine, and so would most consumers. If demand is the key to job creation, time machines and the associated jobs would surely exist, but guess what, they don’t because demand doesn’t create shit but fools. Jobs are initially created by entrepreneurs and capital from the rich. They bear all the burden of failure, the consumer risks nothing. This guy is a disgrace to TED and intelligent life in general.
mainly it struck me because the argument made is not valid at all but proves what Nick Hanauer just said, demand creates jobs, if we have not created a time machine is because those that really wanted one may already have it, who knows all the technological advancement that the public has not been made a part of because those with the loot wanted the benefits only for themselves? Wouldn’t you have done the same in their position? How do you protect what has been stolen from the whole to make it just yours, if you don’t make sure to always have an advantage on the rest of the pack?
Plus it proves that demand is there for bare, basic necessities, like a gas cooker, a washing machine, things that for some have already moved into the realm of the obvious, while they are not at all in a world where 2.5 billions don’t even have access to sanitation. Those people are not dreaming about a time machine, hello??
So, many of the comments of those that use any theory, model, philosophy and means to justify why some are entitled to way more than they need, while some have to go without the bare necessities, are part of the advantage I just spoke about, come on, wouldn’t you have meddled with education as well to raise a world of dumbed down, compliant people who believe what they are told no matter what common sense would state – how did we come to believe we had no rights of any sort to a Life otherwise?
Nick Hanauer said that he can see the pitchforks coming, he said as well that he was always an astute business man who could see how the future unfolds, I believe him, so my question would be, how come the other trickle-downers don’t see that coming?
What do they expect, that people will allow them to take away every one of their human rights, including the one to live and just roll over and die? Some will, those deeply lost in the master-slave construct might -but many won’t.
And for the ones versed in mathematics, we can easily figure out why the 1%ers are so afraid, they could be outnumbered without much effort and when those that are paid to protect them, the very buffer they had allowed into existence, the middle class, will disappear completely, their asses will be up for grabs and unhappy people can be mobilized with the stroke of a hand, they can in fact even be manipulated into revolutions just for a change up at the top (think Ukraine), has this not been done before?
Revolutions are not played out by calm rational people, they are the result of the stroke that broke the camel’s back, those on top have isolated themselves so much that they have lost the pulse of the situation, they can no longer feel the revolution’s breath on their necks and have erroneously taken signals like Occupy Wall Street and other manifestation of Public Outrage as transitory, as something that comes and goes and that will go away if they stay united and keep on not paying any attention to it.
Wrong, as Nick Hanauer said, if they keep not paying attention the whole game will blow up in their face and they won’t have seen it coming – if that is imaginable.
This specific point shows the disconnection between the top and the bottom, it shows as well why many who are reliant on the top ‘doing the right thing’ are in for a rude awakening – the right thing for the top is MORE for them, the $$$ bubble in which they have isolated themselves puts them at great risk for their lives, which is another reason why they don’t let go even one inch of the advantage they have on the rest, that space is their life insurance policy, the more the fear grows, the bigger the money buffer they will try to create for themselves.
We have more chances than those on top to see what is coming and how to prevent it, revolutions are hard to stop once they start because they become the excuse, the cesspool in which everyone can convey their life frustrations and justify the crimes resulting from it.
What we need to do is get together and design a better living condition for all, look at the case of raising the minimum wage to 15$/hour, as Nick Hanauer said, it boosted the economy of the cities who embraced this change, instead of fighting it, almost overnight.
So, what is it going to be? A revolution or a war to distract us from the revolution – what would be your pick?
None of the above is a good choice, imagine the suffering we would have to face just for the satisfaction of kicking some asses in the first case or to fight a war we can’t understand that turns into another money-making opportunity for the rich, stuck between a rock and a hard place.
If you can see both the need for change and the unnecessary damage a revolution or a war would bring us all, consider another alternative, like redesigning our economics models, introducing a model where everyone wins (it’s this or the pitchforks? – note to the One Percenters), where we defuse the anger by giving to each other without coercion what we need to live a dignified life, a new inclusive model where all parts and their needs are taken into account, consider how Life could be for All with a Living Income Guaranteed, it means we grant a Living, a Life to All, not a scrawny, pathetic survivalist life, no, a Dignified Life, we make sure everyone can expand their access to choice, to Life itself and in one go, as we come together, the pitchforks will be put down to rebuild a world we can be proud of.