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Open Thread 2020-17
For commenting on the 2020 presidential election use the 2020 Presidential Election Thread 02.
Other news & views can be posted here.
The 22,000 children who die every day due to poverty; maybe we should stuff their bodies and lay them out on an enormous hillside so the starving being continued to starve would be SEEN as a problem?
3.5 million children younger than 5 die from malnutrition every year, and it isn’t in the news.
WHY is that not news? Because starvation/extreme malnutrition happens every day? BECAUSE it happens every day is why we never read about it or discuss it? A simple mal-distribution of wealth issue is so beastly deadly easy to ignore?
Before humans can awaken FROM the nightmare of history they must awaken TO the nightmare of history!
We are supposed to be the adults. In light of what is happening to us all around us, we are compelled to build some mental muscle, prioritize correctly, focus on pay injustice because it is the issue that all other issues hinge on. We must overcome our inertia and start to learn and teach principles of pay justice. We do not have time nor right to continue to wallow in the far-too-manyness, seeking agreement on answers to all the wrong questions.
So can we please talk about the only thing that is not subversive of government, democracy, liberty, fraternity, peace, happiness, security and survival?
The reason the American Dream is in reverse on steroids is because no one will go near, no one will even consider, nor talk about, changing from a system of everybody going for as much as they can get out of the pool of wealth – never mind who actually earned it, to a system of everyone going for what they contributed to the pool of wealth, no less and no more.
“The person who stands up and says, “This is stupid”, either is asked to behave, or worse, is greeted with a cheerful “Yes, we know! Isn’t it terrific!”
“If our children knew what we’re really doing to them, they would rise up and murder us in our sleep.”
-Frank Zappa
Our purpose is to stop people getting killed…is to maximize human happiness – and that means to maximize human freedom – and that requires as little as possible overpay and underpay – ie, as little as possible theft of earnings, which confers overpower on the thief [power to control and manipulate others] whoever he is, and confers underpower on the robbed. There is theft, there is legal theft, there is hyper-extreme overpay and underpay. Market forces do not distribute money and power in proportion to work – market forces do the opposite: work drifts one way and money drifts the other. We can retain all the advantages of market forces, of private property, of free market AND correct for the ceaseless automatic unjust thieving drift of money and power. We leave all the capitalist mechanisms alone and we merely establish a figure for the most one person can deserve to be paid by warrant of their contribution to society by their own work – and spread the overfortune among the underpaid…like taking water that has pooled and re-spraying it over the crop…and thus provide a counterbalance to the ceaseless automatic drift of wealth and power away from the people to a tiny few.
If we DON’T do this, there will always be a very few somebody’s who are going to continue to make happen what they want to happen, which involves the sacrifice of any and all who stand in the way of their monomania for money and power.
Why is it that people have never said: “Hey, I work as hard as you, in fact I work harder than you – you can’t have any more than me.” Why has overwealth never been universally condemned by all? Why has no one ever worked it out that transaction shifts money from earners to non-earners? Why is no one even *interested* in the fact that transaction automatically steals earnings from earners and gives them to non-earners?
We have the will, the wish, the want. We just have to add the whatever is lacking to bring us to act according to our own universal will, and do the obvious: realize the perfect good sense of those unheard very few wise and awake who always wish to counter the automatic ceaseless drift from justice, freedom, and peace – to injustice, tyranny, and war…by re-a-justicing wealth.
To be rich is not glorious. To aim for unlimited fortunes out of limited work is shameful, ridiculous, wicked, foolish, self-harming. Justice is glorious.
Posted by: Phryne’s frock | Mar 5 2020 15:54 utc | 6
To all candidates for political office who sincerely seek to reverse America’s obscenely unjust concentration of wealthpower:
It would enormously strengthen your position in every debate to define pay justice.
We must define pay justice. How can we know just how much people should have and should pay unless we have sound, fundamental ideas of pay justice? James Madison said “The purpose of government is justice”. The state built on injustice cannot stand – so to be democratic, for the people to do their job of ruling, to save the state, to be patriotic, to love your country, to love yourself, to pursue happiness (of which pay justice is a very important part), you need to be able to locate pay justice.
At the moment, many are saying: these people should have less, these others have more. But how much should they have? What are the principles of pay justice? Happiness [everyone’s everything], safety, good governance, peace, order, satisfaction – all depend on justice.
Those are ‘pretty important’ things, yet we look in vain for thoughtful study of where pay justice is. It should have been the focus of all education, from young age right through. People should have been very sophisticated about pay justice, able to pinpoint it by good principles. Instead, all the debate we hear boils down to: they should have less, no, they shouldn’t have less, they should have more, no, they shouldn’t have more.
Pay justice is the great wallflower, waiting to give us the world average pay per hour, which is approximately US $40 per hour including paying housewives and students. Pay justice waits to give us peace and plenty – and give us our future back.
Pay ranges widely while no one asks how widely it should range. How are people going to be able to say: “This far and no further. This is the line between right and wrong, between fairpay and robbery, between fairpay and overpay-underpay.” Children should all grow up knowing that overpay-underpay is the cause of the shaking of societies to pieces. People should worry about their society being shaken to pieces. People should know that every empire so far has been shaken to pieces by pay injustice. There is no subject closer to civic responsibility and pursuit of happiness – no subject more worth our care and mental labour – and it is utterly neglected. Vigilance is the price of liberty – but vigilance about what? Very few can answer that question.
Proper pay is what a person’s work would win them in a state of nature, plus an equal share of the benefits of division of labour. An equal share, since division of labour is a community effort, with equal contribution, so everyone has right to reap the benefits equally.
Pay justice is no-pay for no-work, pay only for work [= sacrifice], equal pay for equal sacrifice. Pay justice is taking out of the social pool of work as much as you put in, as your work puts in. We pool the workproducts because of division of labour, and trade is ideally the exchange of items of equal workvalue, in order to remix goods separated by division of labour, job specialisation, to get the mix of goods everyone wants and needs. The variety of goods we take out is ideally (justly) of equal workvalue to the workproducts we produced in our job. Anything more or less than this is overpay or underpay, and overpay-underpay is unjust, causing tensions which escalate endlessly as people try to get justice and people tug to and fro, causing violence, war, crime, weaponry growth – which has grown for 3000 years – and brought us to superextreme pay injustice and danger, and corruption, tyranny, slavery, wageslavery, disorder, undemocracy, falling states – all our gigantic problems.
What things are there, that justify unequal pay per unit of work, unequal pay per hour, unequal pay per year? Are there any? Provided society pays students for studying, there are NO reasons for unequal pay per hour. Close scrutiny of the reasons given for unequal pay do not, as far as I can see, stand up to rational examination. (I’m open to rational discussion.)
One common, universally accepted reason given for payment is personal gifts – he’s really smart, she’s especially talented, but reason says that these gifts are work done by mother nature. It doesn’t take any work, any sacrifice, by anyone, to have these gifts, and using them doesn’t mean the gifted person is sacrificing any more than a lesser gifted person does who uses the gifts he got. No one got to choose greater or lesser gifts. No one who has lower intellect or more fragile health or lesser innate abilities chose that for themselves, so it is no part of justice to force the lesser-gifted to give up equal pay in order to give overpay to those who won greater gifts. Rationally, [as distinct from the irrational invalid fallacious argument to the authority of irrational but accepted ideas, in which people put such great reliance] pay for natural gifts is as irrational as payment for receiving Christmas gifts, which has not received the fallacious support of custom.
Personal sacrifice of time and effort spent developing one’s gifts is different. Pay for developing gifts [of commercial value] is just, because developing gifts is work. There is no *reason* anyone can give for payment for natural gifts, and no reason anyone can give for others having to fund this payment, and because the pool of wealth is finite, it is the underpaid who must take less for their sacrifice in order for there to be more to give the better-gifted. Everyone loves being paid for gifts, because they hope to benefit by them, but it hasn’t worked out like that and it never will work out like that. 99% are paid less than the world average pay per hour. The downside of funding this payment is, for 99% of people, much greater than the benefit, but few are aware of this – of how they rob themselves by supporting this payment, of how they con themselves out of money by this, of how they open the floodgates of limitless overpay-underpay [and consequent violence and misery] by this support.
Again, and similarly, people support pay for experience – but cold, hard sense says that experience is gained at no extra sacrifice of time and effort beyond that made in doing the paid work that provided the experience. Again, people support it, defend it, although for 99%, the costs of funding this exceed the financial benefit to them. They con themselves out of their full rightful pay by mis-thinking that pay for experience gives them more money, and they thus open the floodgates to unlimited uncontrollable growth of overpay-underpay [and consequent unlimited uncontrollable violence, war, crime, weaponry ever-growing]. People don’t want to look at justice because they fear it will mean less money – they never suspect that justice will mean more money and the destruction of violence.
How could stopping myself from getting pay for things like gifts and experience give me *more* money? It doesn’t make sense to people – it doesn’t make sense to people because they are looking at a tiny part of the picture – themselves only. Not being paid yourself for non-work things gives you more money because it stops others being paid for these things at your expense. Overpay, pay for nonwork, is funded by work for no pay, underpay, by others. The overpay buys things other people have worked to make. Your participation in this injustice prevents you stopping others benefiting from this leak – the line is crossed, erased, and there are no principles of justice left to limit pay, to prevent unlimited pay/hr, hence we have pay per hour, after 3000 years’ growth of inequality, from $10,000,000 to 1cent – an inequality violence misery war crime weaponry tyranny slavery undemocracy unliberty unfraternity corruption brutality torture state-terrorism private-terrorism warmongering cannonfoddering disinformation rights-trampling factor of one billion, and rising – to extinction soon, thanks to e=mc2. Happy people have no history. We have heaps of history – and history is now accelerating exponentially.
Get the idea of pay justice, and we get a history-free golden age. Keep faith with pay injustice, and we get oblivion. The bombs are global. Global means every house. Culture is based on ideas. Our idea for 3000 years has been wrong – it has produced underpay misery for 99%, overpay misery for 1%, and violence for everyone.
Overpay is necessarily always happiness-negative, because 1. satisfaction waits on desire, overpay is just 3000 pairs of shoes for two feet, 1000 rooms for one body, etc., and 2. erosion of overpay [individual, national and imperial] [by both underpaid and overpaid] is myriad and relentless, so the labour of keeping it is constant and danger-fraught: the sense of justice is indestructible.
The same “logic whoopsie” governs the universal support for private inheritance. The heir has done nothing to deserve that money, done nothing to earn/create that wealth. People see themselves getting money from private inheritance, they don’t see themselves funding this gift, impoverishing themselves, and they don’t see they are thereby starting the evergrowth of inequality violence misery.
The same logical error governs the universal support of profits above fairpay for work. By definition, the owners have done nothing to earn profits above fairpay for work – others fund that gift. For various reasons, it is not good to interfere directly with this injustice. It can be controlled at the macro-macro level by making everyone equal heirs of large deceased estates. Everyone has done the work that the overfortunes represent and buy, so overfortunes belong to everyone.
And the same logical error [seeing only part of the picture, imagining themselves gaining, not seeing themselves losing by funding the bigger gains for others, not seeing themselves opening the gates to ever-growing inequality violence misery, which gets to everyone, overpaid and underpaid] governs the support of capital gains. People do the work that builds cities or other infrastructure, but only landowners get the added value – and get it in proportion to their fortunes – for no work, for no sacrifice of personal time and effort to working.
We only have to see the reality, we only have to see the real enormous badness of pay injustice, and the real enormous goodness of pay justice, and human culture is changed forever, violence dies forever – [war is not human nature – human nature is unchanging and violence has grown for 3000 years – no correlation, therefore no causality. And so-called religious and racial wars are pay-injustice wars along religious or racial lines; where there are religious or racial differences without pay injustice, there are no wars – again, no correlation, so no causality.] Culture is ideas. A change of ideas is change of culture. And the ideas are not hard to see.
No force is needed, just education, just epiphany – no evergrowing bureaucracy, but a massive reduction of bureaucracy [lower taxes, more money and freedom for productivity] – no group, just individual realization and tell your friends – no economic upheaval, just a little law with gigantic benefit – no restriction of ambition, just efficient prevention of evergrowth of pay injustice. Pay injustice is the vital justice, because money is the joker good, good for most things, including social power.
Justice causes happiness. We can secure far, far greater happiness for this whole planet, but not by pretending to believe in justice but by knowing the reality: pay injustice is theft, theft is injury, injury ricochets untiringly as atoms. As doormats, people are totally unreliable – every plutocracy has fallen. Where is Spanish Inca gold today? Honey attracts bears. The Golden Rule is ironclad: hurt people and they hurt back. Other-injury is self-injury – ask Hitler, Marie Antoinette, Ceausescu, Nero, Richard III.
Justice is not a cost, it is happiness out of the vast quagmire, at the cost of objective, patient examination of a new expression of an ancient idea, at the cost of ditching idols that have hurt us enormously, that are set to kill us – is the price too high?
Posted by: Phryne’s frock | Mar 5 2020 16:16 utc | 11
Thank you, Miss Lacy 8. You said “The US truly is the epicenter of ignorance and cruelty. Who can let children die an excruciating death from cholera and starvation and claim to be a Fucking Christian?!” You made me recall a relevant bit I wrote long ago. I am handing it off to you now:
Dear self-labeled Christians in America (and elsewhere)
Why don’t you take a test to see if you or your America has been on the same side as God. It is easy to say you are godly, and God is on your side, but how’s your record?
How many times did you murder the innocent? – the Indians who saved your lives and taught you to grow corn who you massacred – the striking mining families you burned alive in their holes in the ground homes – the Vietnamese you slaughtered for their resources –
What is God seeing in his little black book?
How many faces of the poor did you grind today?
To be a Christian, it is not enough to say I am a Christian and give your heart to Jesus and sing songs in church regularly – you have to love – how well did you love? To love, you have to give when you see need when you have means – how many times did you give when you saw need when you had means?
Be perfect even as your Father is perfect – been perfect lately? Have you even tried to be perfect? Do you do anything that entitles you to the name Christian? How is your heart? God sees hearts not labels – hearts not churches – hearts not songs – seek and you shall find – how much seeking have you done? Have you sought anything lately? Have you really sought the truth about life? – or have you rested on the laurels of the Bible? Have you said in your heart: I am Christian because I go to church and therefore that makes me superior?
Going to church doesn’t make you Christian any more than going to a garage makes you a car. Have you loved your enemies? Have you loved others as yourself? Have you acted toward others exactly as if they were you?
Proud of being a Christian nation, are you? Proud of being Christian? Think you are good because you are nominally Christian? How many satanic people have been high up in the churches? How many monks have burned people alive?
What is your record? How many points can you give yourself as a Christian? By every test of what a Christian is, how well do you rank?
How vigilant have you been to ensure that your country acted in a Christian manner? – or did you just assume: it’s our country, so it must be good? Did you look at your country’s sins and fear the wrath of God, the condemnation of God?
‘test everything and hold on to what is good’ – did you obey this biblical injunction? – did you once in your life ever think of obeying this biblical injunction?
Did you keep any eye on how much your country took and how much it gave, and whether it stole or plundered, and exhort it to return the plunder lest it burn in hell?
How is your country doing? – does it look as though it is heaven-blessed? – is there sweetness and light, or ugliness and bitterness? – is your country floating near heaven or is it burning in hell?
Did you grapple with the contradictions in the bible and strive to pierce them to understanding?
If god exists, and is right, and is love, then obedience to him is happiness, is peace and joy and safety and the love of other nations.
Is justice a virtue? – is justice part of godliness? – did you establish what is justice in pay and strive to keep your country on that path of justice? – did you ever worry about the range of pay in your country and other countries? – did you worry about the amount your country stole by stealing people from Africa? – did you move towards full just compensation for the robbery? – did you work out how much slave labor gave to america and pay it back?
Did you suspect that there might be overpay when people got a million times the average hourly pay, although they were not, could not, have worked a million times harder per hour than the average – could not have worked even twice as hard per hour as the average?
Did you look at liberty, equality and fraternity on one side, and look at your country on the other, and see some difference, some distance? did you ponder why even with all their flaws the founding fathers first thing passed laws to limit fortunes, to prevent concentration of wealth? – did you meditate the relation of concentration of wealth and injustice, and the relation of injustice and disobedience to god?
Did you pay the slightest attention to the causes of happiness and unhappiness, peace and violence, in states?
Did any of your presidents say: my fellow americans, it is very worrying, we have wealth and poverty, although people are working equally hard – we have people working harder and getting little and people working less hard and getting heaps – this is injustice – the purpose of government is justice, because without justice there is no peace and happiness – we have to correct this – we are grinding the faces of the poor, we are becoming an unchristian nation – we will all go to hell if we continue injuring so many people!
Did you obey the golden rule? – did you earnestly strive to do no injury? – did you see that injustice in pay was a great injury? – did you fear for your place in heaven if this injury to the underpaid continued?
No – you bathed in the glory of being christian, of being good, of being noble and great and wonderful, without ever testing yourself against Christian standards – you put on a mask of being christian, by going to church and priding yourself on your greatness and goodness, and your soul and your country continued to sink into hell
you completely failed at being Christian
you are not Christian
God is not proud of you – he leaves you to the fate you have chosen – you are a child that has gone ever downhill, from worse to worse, all the time raising your head higher and higher in pride and vanity
you cannot hear and you cannot see what you have done – ‘they don’t know what they are doing’
God is love, so his commands make you happy – and even with that, you did not make a list of all the commands and check yourself weekly against them
did you obey the command to lower the proud and raise the meek? – have you ever once thought of obeying that command?
not once!
did your preachers ever preach any of these things?
no, you have never heard such things before
not once!
Posted by: Phryne’s frock | Mar 5 2020 18:41 utc | 32
Maybe my last chance to offer what I have to give to the world, this is composed from letters between myself and my teacher back in 2009. Does not address Covid19, but if you will read with care you will see why I feel I cannot in good conscience keep it unposted and concealed. I will do my best to reply to comments about it, but I cannot guarantee anything. I believe with all my being it is very worth your time to read – and please pass along if you agree with the thinking:
Collapse can be avoided. We hear ever-more-dire expectations of full-on econo-socio-political collapse, and while escalating fears of impoverishment and chaos are all too easily understood in light of events and people’s degree of economic confusions, I’d like to add these considerations to the “collapse conversation”:
First, the convulsion is in money and credit, not in substantial wealth. The substantial wealth is still there; the fields, the plants, the animals, the buildings, the people who labour.
Second, the response to the crisis will always be underestimating the size of the crisis – will always be “behind-hand” in facing facts. People will continue to respond late and inadequately – they will be slow to look outside their paradigms – but there will be responses, which will be increasingly realistic, so there will be money and therefore some transport and trade. Collapse is never total, and every incremental collapse will increase realism and thus reduce suffering. The demands of the people will produce some response, for no ruling class can afford to secure themselves against a too-angry populace; they have to give something to keep anger sufficiently low for them to be safe.
The trouble is that when there is no obvious trouble, people are too unreal to face facts and do anything practical, and when there is trouble, there is little leisure to consider solutions. Like with fixing the hole in the roof: no need to (they think) when it isn’t raining, and no chance to when it is. Countering inequality is the realism that people will be driven to by crisis, and doing so will reduce the crisis. The collapse will continue until people become realistic.
The collapse can be avoided at any time by countering the inequality. Insofar as people reduce the inequality, the crisis will be reduced – nothing else will reduce the collapse. There is plenty of substantial wealth; the only lack is distribution of means to trade (money).
People think we’ll experience a single sharp total collapse, but it happens in stages, and some response is made – never fully realistic, but partially realistic. It can’t collapse to zero in one go. Loss of confidence in the money is a matter of degree. Even false confidence keeps the money up. And the more money evaporates, the more confidence there is in the remaining money. The money collapses towards reaching equality with the substantial wealth. The closer it gets to substantial wealth, the slower it falls. Eventually the substantial wealth (goods and services) holds up the money. Loss of money of course impacts on production, which requires trade, which requires money – but money never collapses totally, but collapses in stages. All the safety nets in society do not disappear totally, at once, but in stages. And the more things fall, the closer they are to recovery.
Administrators come and go, but Governments have never fallen, never disappeared: there is always someone picking up the pieces and starting again. Government will disappear only when the second to last person disappears: as soon as you have group, you have government. People will always try to increase their safety, comfort, etc. There can be a degree of anarchy (using the term as commonly understood to mean chaos, loss of beneficial social order), but there cannot be total anarchy, because people are not totally anarchic. Some people can have anarchic episodes, but all the people cannot have total anarchy all the time. If people were totally anarchic, they would never have planted a crop or built a house.
The functional value of money is proportional to confidence. When there is overconfidence, as we have experienced, and that confidence declines, money disappears – but money is prevented from going to nothing by the work and people and products, which are the substance behind the money. There may be a period of under-confidence (after a crash), when people underestimate the value of money, but the substantial wealth will buoy this up – will after a time show that people are underestimating the substantial wealth backing the money.
At any of these stages, all money is worth something, and a billion dollars is ALWAYS worth a billion times as much as one dollar.
We can remind nervous, concerned people that if they don’t understand it all then they do not know that there is no solution. There is still land and people and work and systems and buildings and money. These will produce something, and the production will buoy the money to some extent. The fundamentals are still there – the ultimate safety net is people, who do stuff. Forget money for the time and look at the fundamentals, the substantial wealth, which is everywhere: people, land, etc. The money at the top doesn’t disappear – a billion is still worth a billion times as much as one dollar: a part of the value of every dollar disappears. There will be a contraction, not a disappearance. The snail is pulling in his horns – he’s not vanishing. Part of the lifestyle will disappear – something off the top – a drop – but not to zero, but to 70% or 50%. Food doesn’t disappear till you reach 1%. Luxury spending increased after the 1929 crash, because those who cashed up just before the crash could then buy cheap. So clearly wealth didn’t disappear.
Pay justice is always a live issue, always the issue that cuts across all other issues *especially* in depressions! In good times, the people don’t mind super-overpay. In bad times, FDR’s appear. FDR nearly put a 100% tax on income over $25,000 ($300,000 in modern dollars) and regretted he didn’t. The next FDR may do it in this bigger depression.
Again, total collapse is impossible. Under-confidence is possible for a time – money is proportional to confidence – confidence never totally disappears, because there is still people, workers, land, buildings, infrastructure, systems, etc. Even the unrealistic confidence (the delay in facing facts) holds up money. There can only be a correction to the overconfidence, which for a while produces an over correction, but this overcorrection gets corrected by the substantial wealth showing the value of the money. There cannot be a total collapse, because land and people and infrastructure do not disappear. The stages of the collapse may be terrible in local effects (riots, etc), but overall, the substantial wealth sustains in a substantial way. It may look like things are in freefall, and headed for zero, but the trampoline of substantial wealth is below – the momentum of the fall to the trampoline drives the trampoline down below its level for a while, but the trampoline pulls the level of money back up to level.
Even if all the governments and money and trade disappeared, there would be people and work, options, efforts, rolling up of sleeves and fulfilling needs using whatever was available. The ultimate wealth is people and nature – they produce everything, and will continue to do so.
Oil will decline over 50-100 years, the price of oil will gradually rise and there will be less and less movement, but food transport will be the last to go – and local food use will happily increase; at the moment New Zealand is importing Italian kiwifruit! At the worst, we will go back to pre-oil lifestyle – the lifestyle that got us through till 1900. The higher the price goes, the slower we will use up oil – the more economical we will be with it. There is plenty of coal, and people will plant more trees if they need them – just like they bred horses when they needed them.
People’s first reaction to change is big reaction – then they settle down and bear it. The rhetoric you get now is their first reaction, expressing the change in the most dramatic terms because change is new to them – but they quieten down as they get used to it. If you woke up tomorrow and found the skies were now red instead of blue, your first reaction would be strong, but after a while you would get used to it.
The drop in confidence has removed something like 5-10% of world apparent wealth (the figure they put on wealth) – which is not a big difference. Of course, this is trillions, which sounds very dramatic and frightening, (which sells newspapers) but as a percentage, it is not large. It will drop to something around 15-20% at the bottom of under-confidence, before realism will reassert itself and bring the under-confidence back up to a realistic figure, between the peak and the trough.
And all the time this is going on, the substantial wealth is undiminished.
The thing is, people forget to look for the whole picture. They mistake part of the picture as being the whole reality – they mistake jigsaw puzzle piece for puzzle picture. One piece may be dark, and they think the picture is dark because the brighter parts of the picture are not in view from their perspective, are not in their consciousness – “omg! Loss of trillions! The sky is falling!” – but no.
You just have to make a big noise around some hypothesis long enough and people will take it for truth. Throw a smokescreen of words and people will shout fire. Combine inadequate education in fallacious reasoning, the assertive overconfidence a PHD gives some people, the people’s naïve reliance on PHD’s and government and the media’s profiting from sensational news…and you get universal untruth. Add the universal hatred of being proved wrong and you have untruth set in concrete.
When you have a little pay injustice, then something like 40% of people will be slightly overpaid. As the pay injustice grows, the top overpay grows and the percentage of overpaid shrinks. The more extreme overpay (which is now 100,000 times average pay) takes more underpaid people (99% are currently underpaid) plus more extreme degree of underpay to finance it. We now have 90% of people on 100th to 10,000th of average pay. That is the point, and no financial crisis changes that.
Also, volatility in markets is proportional to pay injustice. More power in fewer hands means more power to make huge bubbles and be way above the law, buying the law, owning the law, making the laws, doing exactly as they please, without any checks or scrutiny. The price of liberty is eternal vigilance and vigilance about fairpay has been zero – he’s a billionaire, ah, how lovely, what a great man, we owe him a lot, we must be gentle with him, not anger or doubt him. God and the rich – these are how people project their great desire for a good loving father to take care of them, so they can live thought-free, without civic responsibility. No matter that it isn’t a loving father above us, it’s a burglar who slipped in over the windowsill, it doesn’t matter how much he beats people, we don’t lose faith in him because it would mean we had to think and seek the truth and keep watch. What luck for governments that people don’t think (Hitler said that, Hitler, whose Nazi party seeded and fomented hatred of intellectuals until the people bought into it and then the educators were purged.)
Not all the leverage ratio of the banks will disappear in the correction. People who say that this thin-air money isn’t real don’t understand money. There is the substantial wealth (the trampoline) and there is the confidence level, which goes overconfident and then under-confident and then returns to level (the trampoline). In the panic, the confidence level goes below trampoline level and the trampoline pulls it back up. After the correction, the trampoline level for bank leverage ratio may be 20-1, 10-1, whatever, but not 1-1.
The bank leverage ratio creates money out of thin air, but this DILUTES all the money, it doesn’t destroy all the money. Twice the money means each dollar buys half as much, and incomes double. The injustice arises between old dollars and new dollars – getting paid in old dollars and buying in new dollars. The injustice in inflation is the government and banks stealing the national credit to back the dollars. The national credit belongs to the people who work, who have made the infrastructure, the substantial wealth that gives the nation its credibility or credit rating. The nation can sustain a certain level of debt without creditors losing confidence in that level of debt, and the level of debt is forced to return to a credible level of debt. There is never total loss of confidence in a nation, because there are still workers, and infrastructure, and nature’s bounty (land, sun, muscles, brains etc).
Like bubbles in a bath; the bath can sustain a certain level of bubbles (credit) because there is soapiness (infrastructure, systems) and there is agitation of the bathwater (work) – but sometimes there is a big bubble that is going to burst and the level of bubbles is going to suddenly drop.
The stock market steadily grows with infrastructure growth. In a depression there is a blip of overconfidence and under-confidence, but it returns in around 3 years after the crash to the steady rising line (the trampoline).
The point remains that we should prevent individuals (wealthpower giants) being able to blow huge bubbles that temporarily affect the national credit and stability and order when they burst.
At the peak of the overconfidence before the correction, the national wealth is of the order of 5-10% overvalued. The correction comes when the overvaluation becomes large enough to be visible to creditors, who are of course keeping a sharp lookout; it is their money on the chopping block.
It takes time to work through the system, but if central banks double the money, income and prices double, too. Incomes and prices have been rising for many decades, for centuries. You know what prices and incomes were 200 years ago – a penny bought you a good hot meal, incomes were $100 a year – that sort of thing. $25,000 in 1930 is $300,000 now. Global inflation at 4% a year doubles the money every 18 years. In the cold war years, there was about 10% a year inflation, which is why house prices rose 10% a year in that period. The inflation is a sneaky tax, which they used to finance the cold war, buy all those bombs. They then lend the new (stolen) money back to the people, making the people pay maybe three times the loan on a 30 year mortgage (stealing again) – for the privilege of borrowing money the government (devoured by the superrich) stole by the inflation, which dilutes your dollars, making you need to borrow more.
Keynes said: governments can take money from the people through inflation. He should have said: governments DO take money…but he was going soft on the ruling class, to which he belonged. People find it very hard to believe the rich are thieves. The rich fool themselves and then fool the people, who they keep ignorant of economic realities by promoting economists who are fooled, who can’t see what the rich don’t want people to see. False arguments are cheaper than guns to keep the people suckers. It is only in the last 200 years that the ruling classes have allowed the people to be literate, and they haven’t yet allowed the people to be economically literate. And the people are too unwilling to think their way through the smokescreen thrown up by self-deception and greed.
The strong point we have to make is that overpay is bad, is happiness-negative for the overpaid as well as the underpaid. If people see this (and good sense and all history prove it), justice will start looking good to them.
At the moment, most of both underpaid and overpaid are thinking overpay is good. People are thinking in twos, in opposite poles, not seeing the option of the middle as the best alternative. They are thinking: underpay is bad, so overpay must be good – instead of thinking: underpay and overpay are bad, so fairpay justice is good. Like the Sophie Tucker saying: I’ve been poor and I’ve been rich – rich is better. But it isn’t; what’s better and best for prosperity, safety, and happiness is fairpay. Most of the present overpaid is new money, so old money has (with some few exceptions) fallen from overpay and overpower. Rags to riches to rags. The turnover among the overpaid is very high – crests don’t stay up.
US $40 per hour for all working people globally including housewives, and students who successfully study in fields society wants studied, is a good but not exact figure for fairpay before the meltdown, and the meltdown takes off around 5-10%, and inflation is running at 4% a year, so the figure is perfectly good. It is a round figure anyway ($100,000 per year means $100,000 plus or minus 20%) – and it doesn’t matter what the figure is anyway, as long as it makes the point that something like 99% of people are now underpaid, that fairpay is higher for most people than what they get now or have ever got, that extreme pay injustice means most are below fairpay and will be paid more, they deserve to be paid more (they are creating that much substantial wealth (goods and services) by their work). All the work is equal to all the workproducts is equal to all the money, so world-average pay per hour is world-annual income divided by total workhours – around $40 US. World annual income is $25 trillion (1987) inflation adjusted – global inflation since 1987 has been between 32% and 4% – $25 trillion compounded with global inflation each year since 1987 brings it to $300 trillion (2009). Total workhours is total workers (around 4 billion), times world-average hours per year (around 2500).
No work equals no workproducts equals money worth nothing. Twice as much work equals twice as much workproduct equals money worth twice as much (a dollar buying twice as much).
These figures are still good figures in the crisis – they are not just guesses – they are round figures because there are a million minor factors that affect figures to a small extent, and all the figures are constantly changing (a little) all the time – but they are solid within plus or minus 20%.
One thing is absolutely solid – when you have super-extreme pay injustice, most people are below the average. The average is higher than anyone imagines – and that average is plenty for all. When you have a very skewed graph, with most low and a few very, very, very, very high, the average has to be well above what most get. The very, very, very high incomes ‘pull up’ the average – and we have highest income 10,000,000 times what 90% of people are getting, so they are pulling up the average well above what most people are getting, above what 99% are getting, above what 80% of Americans are getting.
People see many poor, and they understandably but mistakenly think that the average will be below what ordinary Americans are getting – that the many poor will pull down the average below the ‘American ordinary’ level. But it is not the ‘ordinary’ American (neither rich nor poor) who is richest. The relatively few, the 1% who are overpaid up to 100,000 times average, pulls up the world average well above the American average. 50% of Americans have less than $2000 net equity (net assets – wealth) and 80% of Americans are below the average.
People got by up to 1800 – in fact pretty well, worldwide, before the first world imperialism (plunder) went into high gear with industrial technology (guns, trains, etc) and impoverished the third world (after impoverishing most in the first world). And productivity has multiplied 20-fold since 1800 – so, again, there is plenty – there is super-abundance. If average income in 1800 was adequate, average income (substantial wealth, goods and services) today is 20 times adequate.
My figures are from Sprout and Weaver, International Distribution of Income 1960-1987 Kyklos journal, volume 45 1992 pages 237-258 – inflation adjusted using IMF/ILO inflation figures. You have to compound the annual inflation figures – global annual income is now $300 trillion. Since 1987, global inflation went from 15% up to 32% in the early 90s and then down to 4% now. The Sprout and Weaver figures are PPP figures (purchase price parity figures) – which adjusts for the fact that products are cheaper in poor areas – supermarkets in poor areas have cheaper prices than supermarkets in ‘upmarket’ areas – they take smaller profits (= they steal less per customer).
With pay injustice, the majority are always going to be below the average. The larger the pay injustice, the larger the majority who are below. With today’s super-extreme pay injustice, 99% are below. Think of a swimming pool graph – if the pay justice level = one metre deep, and in reality 90% of the pool area ranges between 1 cm and 1/10th mm deep, then obviously most of the pool is practically empty and most of the water is up in the thin but very tall (100 kilometres tall!!) needle of overpay. The giant sucking machine of the legal thefts (and the successful illegal thefts) has done its work: we are relatively very close to one person having all (very close to maximal pay injustice).
The 1000+ billionaires are economically the third richest country in the world. People dismiss the superrich because they are few, and because people cannot really conceive how extreme a billion dollars income per year is, relative to average or ‘ordinary’. A billion is 10,000 times average and 20,000 times American ‘ordinary’. The billionaire is taking out 10,000 times what the billionaire puts in to the social pool of wealth by his work. The highest annual revealed income is $70+ billion – and the highest annual concealed income is higher. Obviously the super-duper-gigarich have good reason to conceal, for if people knew the highest income they might wake up to the fact they are being robbed, and take action. Every plutocracy has fallen when things (poverty-wealth, slavery-tyranny) got so extreme that the people finally woke up: witness the American, French and Russian revolutions. Unfortunately, even then, the people still did not ‘get’ the absolute essential importance of pay justice, and let it go away again – pay ranged from 1cent to $10,000 per hour in America in the 1880s.
NO ONE is a winner with inequality. The overpaid (both nations and individuals) are constantly falling and being replaced, like the water in a Las Vegas high, thin needle fountain – because overpay is attacked by both overpaid and underpaid, both internally and externally – attacked with intensity proportional to the extremeness of the pay injustice. Both overpay and underpay are stimuli to attack. The overpaid are attacked by both overpaid and underpaid – by everyone, including their subordinates, including their families. It stands to reason – and all history has no exceptions to this.
People think that more money is always better because they ignore or forget the attack element. They focus only on the money, using selective consciousness, deleting or censoring the reality of the attack element. Conquering is the beginning of troubles – look what troubles came to the whites in South Africa – what troubles come to America today. Plundering makes enemies, enemies make defence needs, defence needs force more plundering (both internal and external), which makes more enemies (both internal and external). Eventually cost of defence exceeds income and the empire falls. Name one time it didn’t happen. The largest fortune is always smaller than the rest of the world, so it must fall – simply because people have stomachs to feed and need a place (land) to put their feet. The defence needs force robbing the people, so the plutocracy is attacked both internally and externally, by the underpaid within the country and by the overpaid and underpaid external to the plutocracy. Pay injustice says to invaders: we have gathered the wealth, and weakened and alienated our people – ie, pay injustice causes invasions (eg, undocumented immigrants, eg the Sicilian mafia).
The idea is to get people to open their spotlight focus on the money to see also the inevitable necessary attack element in overpay – and to see also that there is diminishing marginal utility in more money, which you can see by looking at the fact that the loss of $1000 in income when income is $1000 is catastrophic, and loss of $1000 when income is $100,000 is a very minor difference – still bad but far less bad – ie, all income money is not equal. 100 times the income is not 100 times the happiness, pleasure, satisfaction etc. – income money is very unequal. Satisfaction waits on desire; when the tummy is full, all food is worthless, more food can add nothing to happiness. The increase of happiness in going from $0 to $1000 is huge, the increase going from $1000 to $2000 is a bit smaller – and each additional $1000 income can do less and less, because more desires have been already satisfied. A $4000 plate of truffles is not 4000 times as good as a good $1 meatball – maybe more like 4000th more pleasurable.
Therefore overpay can do little good and must do harm proportional to the size of the overpay, therefore the net gain in overpay is negative. You gain constant worry over security, constant labour to maintain security, constant cost in life-time, money, and psychological wear and tear. Look at the labour of Hitler, Caesar, Cardinal Wolsey. Look at the history of desperate activity purging suspected subordinates, look at Richard III’s troubles, the South African whites’ troubles, the British Indian Colonial troubles – do you think that people had much freedom from troubles when they had stolen so much, killed so many? What does it take out of you when you have to respond to troubles whether you are exhausted or not, when you have to respond to the constant eroding energy of the robbed?
That more money is always better has been the simplistic leading idea of humanity for 1000s of years – and it is simply horribly wrong – and sense and all history shouts so. Violence gets to everyone, gets wherever humans get, and violence is proportional to pay injustice, is caused by pay injustice. Overpay is theft is injury, and injury is always paid back with interest. Injury never fades away – it just keeps attacking however it can. It is the golden rule we have never learned: when you hit people they hit back. Kindness (non-injury) is essential for survival and happiness – it is the lesson of history we have not yet learned: Injustice is a vice (a cause of misery). It is love of overpay that is the root of all evils – which is good news, because we only have to see this to cut ‘all evils’ (99% of social problems) at the root.
People think justice is a sacrifice, because they think more money is always better. It is very hard for them to realise that justice has her arms full of happiness for overpaid and underpaid – waiting…waiting…waiting through the ages for people to see reality – the whole picture – the downside of overpay – the Lindberg’s child kidnapped and murdered – Barbara Woolworth dying with $3000. People think the rich are secure, up there permanently – it is everyone’s dream to be rich and free from troubles – it is easy for them to believe it because they want to believe it – and they want to believe it because they have troubles. If they placed their hope in pay justice, their hopes can be realised, far beyond their fondest dreams. Change their dream from: The landlords oppress the peasants, may I be a landlord – to: The landlords oppress the peasants, may there be an end to the sufferings of landlords and the sufferings of peasants. Look at the present wars among the Mexican druglords – look at the present endless struggles and dangers of the sheiks in northern Iraq – at the endless troubles of Queen Elizabeth I – at the electric fence prison of Rockefeller – at Howard Hughes dying alone, his teeth rotting in his head.
But alas, it seems there is just not enough will in people to learn the truth – not enough alarm – not 100th enough realism or willingness to think. Not even though it means survival, $40 an hour, and world peace and friendliness and calm and democracy and freedom like they have never known. Since they can’t even understand that giving unlimited fortunes for what is absolutely limited work means having super-extreme, ever-growing overpay-underpay, unlimited tyranny-slavery and violence for everyone, what hope is there? They think that Bill Gates can do 180,000 years’ work in one year – they think Gates can build 18,000 $1 million homes in a year – so what sanity is there?
As for the importance of nationalizing the fed reserve – it is very important, but is a branch problem. How are you going to do it before you fix the root problem, everyone thinking that overpay is good when it is evil for everyone? Fix the root problem and the branch problems fix themselves – or get fixed easily, with universal will to change it. If you nationalize the fed reserve without correcting the error in majority thinking, the same overpaid will dominate the nationalized reserve – nothing will change – the ‘public money’ will still concentrate in private hands – the bad root will still drive the branch problems.
The solution is never near the problem – did Pasteur find penicillin near the beds of the dying? No, he went away, following the causative line back from the beds to the root – and he cut the root and the people in the beds got well. People are trying to solve the problem near the problems – they are shortsighted.
Same with all problems – they all go back to pay injustice, super-extreme undemocratic bias of power, the super-powerful way above the law, driven by defense costs to steal ever faster both internally and externally.
Making the swimming pool of wealth vertical like a Las Vegas needle fountain (with all the water that rises falling) is like building a building ever-taller on an ever-shrinking base. It’s bound to collapse. Things haven’t changed since the tower of Babel, which was a metaphor for what was happening then – same as now – pay injustice creates confusion of tongues – everyone talking and no one learning or hearing.
We need to make the point strongly that pay injustice is not just one more problem: it is the root problem, fixing which fixes all the problems – fixes suffocating bureaucracy, disinformation, tyranny, war, warmongering, starvation, overcrowding, corporate fascism, corruption, poverty, terrorism – it fixes everything. How can anything work when a few have most of the money, which is the lubrication for the social machine, the blood of the social body?
If you want to stop raccoons becoming roadkill, only teaching raccoons traffic will do it: if you put up barriers they will just go round them.
The elite have always been under extreme attack, always been miserable, desperate, hard-laboured, doomed. Happiness is horizontal not vertical. Kindness (non injury, non theft) is good, practical, real self interest, is happiness for everyone – therefore justice is good, beneficial, not a sacrifice for anyone. It’s amazing that history and story are unanimous, the desperate struggles of the overpaid, and no one has learned it.
The rich may enjoy comforts and luxuries etc in the short run, but they can get no more enjoyment than the fairpaid on $40 an hour, because of physical limits of desires. All overestimation of rich enjoyment is moonshine glamour illusion – driven by underpaid people still having substantial desires to satisfy, by underpaid people living vicariously through their dreams of the fabulousness of being wealthy. The greater the underpay, the more glamourous and wonderful overpay appears. Ray Kroc said about his wealth: So what? I still only have two feet.
Some rich do not fall within their own lifetimes, but people should be reminded that the overpaid experience power struggles all the time before they fall – family who want a piece of it, subordinates who want to take over – it is a hill of humans where everyone is being attacked from below and beside and above. Everyone below is trying to get higher to be less attacked/oppressed from above – corporate infighting, competing for jobs, golddiggers, kidnappers, thieves, embezzlers, hostile takeovers etc etc – necessarily so, inevitably, because no one settles for discomfort, everyone is uncomfortable, so everyone is moving in the hill.
Equality: no one above or below, everyone happier, freer, safer, liberated from troubles, struggles, conflict, betrayal – in all groups – crime gangs, families, companies, nations, empires.
Being rich – getting overpay – is not a win. It isn’t a win relative to pay justice, it is a vast loss of ease, trust, safety, leisure, relaxation, enjoyment, confidence. Everyone is a giant loser in the hill of humans – but people would rather kid themselves they are happy and right than face reality and improve their happiness really. Modern man’s pride is stronger than his will to live to be realistic to be sane to be practical to be happy.
The rich have as much enjoyment as the fairpaid have – apart from the danger, which is proportional to the pay injustice – and the enjoyment is spoiled by the danger, by the absence of trust and safety. Like children with party cake – it is hard to enjoy what cake one has if everyone is constantly, ever more desperately and violently and sourly grabbing from everyone.
It looks as though the problem is the human insistence that the solution be where people are looking – at the symptom level, at the detail level, at the part-picture level. People are mopping the floor instead of turning off the broken tap. They cannot understand why someone is leaving the problem of the wet floor in the living room and going away, upstairs (into the bathroom where the broken tap is) – they just ‘know’ that is the wrong thing to do – and they keep mopping the floor. They think the pay-justice solution is unrealistic because it isn’t addressing (directly) the wet floor.
It is like looking for the lost keys where the light is better for looking, and not looking where the keys fell. You have to teach people that the solution (to the immediate problems and most other problems) is simple if they look where the keys fell, where the problem started. It takes mental discipline not to pluck off the vine where it is strangling the roses, but to trace the vine back to the root, where one cut will kill the whole vine and keep it in check permanently with little effort.
People are fascinated by the immediate problems and can’t take their eyes off them to look at the big picture and see the root cause.
Inability to pay debt causes a contraction, a drawing in of expansion, a re-structuring – never a total collapse – not even a half collapse or a quarter.
Pay justice will always maximise spending, the efficiency of the cycle of production and consumption – and reduce violence which is a waste of money, lives, property, energy, confidence. The giant sucking machine has taken spending away from most, breaking the cycle.
Pay justice will always be the only answer – one can’t steal and steal and steal without end. They saw this (to some extent) at the end of the 19th century, when economics practice changed from low wages to high wages. The Marshall Plan saw this, as the way to avoid loss of European markets and thus global loss of confidence.
Increasing the money supply say 1% a month and GIVING this to everyone equally (only to save the vast bureaucratic cost of distinguishing the 1% overpaid and 99% underpaid) – which can be done by a computer, ie low bureaucracy – will increase spending, increasing production, increasing market confidence: you have to water the plants to make them grow. The gift (actually return of stolen earnings) overcompensates all the underpaid for the inflation effect and ‘robs’ the overpaid gently, unobtrusively, automatically through their spending. If the superrich cannot understand pay justice, they can at least understand that you have to leave enough wool on the sheep so you can fleece them again.
Lastly, Hate is a luxury item – when things are tough, people rally round, know they have to be tolerant, loving, cooperative, caring, communal. When things are tough there is a rise in that sort of attitude – some turning from competition and antagonism to cooperation and compassion. Even if you do nothing, you have safety nets – family, friends, society. Very, very few people in America will starve. When one is going down, one feels that ‘maybe I will keep falling forever’, but there is the trampoline below – the energy of people, the productivity, even in social disorder, nature’s bounty. Things will come up again, even as they did after the last boom and bust and boom again. Life is a wave – the very fact of things going down stimulates people to turn things around. The 800 who own everything may even let Obama do an FDR – the big enough bust makes even republicans more responsible and realistic. People may even feel some shame – there has to be something good about the bottom of the wave because it is all up from there.
I am reading The Greening of America (1970) – about the last time Americans tried to grow up, before the oil price hike made them scurry back into old patterns, shoveling heaps to their superrich father figures to get them out of the mess.
I saw the movie Sharpe’s Challenge, with Sean Bean, about the struggles and dangers of the overpaid (and underpaid) in British Colonial India, wherein Sharpe says:
And I thought for a moment all this [trouble] might have been for more than just to make rich men richer.
Posted by: Phryne’s frock | Mar 18 2020 21:50 utc | 62
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