Re: Monopoly/ Cartons of Punch Cards

[Anne & Lynn Wheeler]

Anne & Lynn Wheeler <ly...@garlic.com> writes:
> has reference to Stiglitz's earlier book
>
> Stiglitz's Freefall: America, Free Markets, and the Sinking of the World Economy
> http://www.amazon.com/Freefall-America-Markets-Sinking-ebook/dp/B0035YDM9E/

re:
http://www.garlic.com/~lynn/2012h.html#3 Monopoly/ Cartons of Punch Cards

Joseph Stiglitz: The Rich Have Become Experts At Advancing Their Cause
http://www.huffingtonpost.com/2012/06/18/joseph-stiglitz-the-rich-_n_1606116.html?ncid=edlinkusaolp00000003

from above

Stiglitz also argues that the richest Americans have successfully
obscured how much inequality has truly risen, citing a study that found
most people think the wealthiest fifth of society holds 60 percent of
the nation's wealth, when that percentage lies closer to something
around 85 percent.

... snip ...

also references:

We've been brainwashed; It's no accident that Americans widely
underestimate inequality. The rich prefer it that way
http://www.salon.com/2012/06/14/weve_been_brainwashed/singleton/
Fast Track to Inequality
http://www.nytimes.com/2010/11/02/opinion/02herbert.html?_r=1

goes along with

America Is Broken, What Now?
http://globalguerrillas.typepad.com/globalguerrillas/2011/10/journal-why-the-us-middle-class-is-broken.html
and
http://www.nytimes.com/imagepages/2011/09/04/opinion/04reich-graphic.html

previous references to Stiglitz
http://www.garlic.com/~lynn/2012f.html#66 Predator GE: We Bring Bad Things to Life
http://www.garlic.com/~lynn/2012f.html#75 Fed Report: Mortgage Mess NOT an Inside Job
http://www.garlic.com/~lynn/2012f.html#77 Vampire Squid
http://www.garlic.com/~lynn/2012f.html#84 How do you feel about the fact that India has more employees than US?
http://www.garlic.com/~lynn/2012f.html#88 Defense acquisitions are broken and no one cares
http://www.garlic.com/~lynn/2012f.html#91 Psychology Of Fraud: Why Good People Do Bad Things
http://www.garlic.com/~lynn/2012g.html#7 Adult Supervision
http://www.garlic.com/~lynn/2012g.html#14 Psychology Of Fraud: Why Good People Do Bad Things
http://www.garlic.com/~lynn/2012g.html#80 Monopoly/ Cartons of Punch Cards
http://www.garlic.com/~lynn/2012h.html#1 Monopoly/ Cartons of Punch Cards

--
virtualization experience starting Jan1968, online at home since Mar1970

[Rod Speed]

Anne & Lynn Wheeler <ly...@garlic.com> wrote
> Anne & Lynn Wheeler <ly...@garlic.com> wrote

>> has reference to Stiglitz's earlier book

>> Stiglitz's Freefall: America, Free Markets, and the Sinking of the World
>> Economy
>> http://www.amazon.com/Freefall-America-Markets-Sinking-ebook/dp/B0035YDM9E/

Just because he got a Nobel Prize for something very obscure
indeed doesn’t make him the font of all wisdom politically.

> re:
> http://www.garlic.com/~lynn/2012h.html#3 Monopoly/ Cartons of Punch Cards

> Joseph Stiglitz: The Rich Have Become Experts At Advancing Their Cause
> http://www.huffingtonpost.com/2012/06/18/joseph-stiglitz-the-rich-_n_1606116.html?ncid=edlinkusaolp00000003

> from above
>
> Stiglitz also argues that the richest Americans have successfully
> obscured how much inequality has truly risen, citing a study that found
> most people think the wealthiest fifth of society holds 60 percent of
> the nation's wealth, when that percentage lies closer to something
> around 85 percent.
>
> ... snip ...
>
> also references:
>
> We've been brainwashed; It's no accident that Americans widely
> underestimate inequality. The rich prefer it that way

Its more that things have changed considerably
recently and that the general public arent aware
that the change has been more than they realise
rather than any conspiracy by the rich.

> http://www.salon.com/2012/06/14/weve_been_brainwashed/singleton/
> Fast Track to Inequality
> http://www.nytimes.com/2010/11/02/opinion/02herbert.html?_r=1
>
> goes along with

> America Is Broken,

Like hell it is. Its STILL where more want to go than anywhere else.

That’s still true of both the middle class and those at the bottom too.