So. You get it now. This is not the first time this happened in human history.It happens every time the cycle is long enough that niggas forget about getting yoked in the past. For the last decade (+) niggas were sleep.. This is the result and as you acknowledged : 'aint shit you can do about it but suffer the collective consequence'. If you're rich, even better. Maybe generations down the line will look back on this period were in currently and going to go through in the future and learn.. Chances are though, just like we didn't learn they wont either and this will repeat 100-200 years from now albeit in a different form. You get it so i wont bash on you OP. I was the same way out of college when i started figuring shit out.. some years later i get that you can't wake niggas up until they hit rock bottom. So, don't waste your energy on this anymore. Not shit you can do about it.. Focus your energy on things you can.Stopped reading at : 'global minimum wage'. supply/demand econ 101 .. minimum wages esp. on a global scale never work when supply (workers) exceeds demand.. you hike minimum wage and everything goes up (inflation) that the person buys + taxes negating any benefit.. the rich live above the effects of inflation.Exactly, i dont ever get this whole debate on a money economy when money has an arbitrary value dependent on the ability of an economy o repay future debts ect ect so in effect...barely lifting minumum wage will lift inflation that will negate income gains if it isnt backed by additional real resource gains/economic activity/higher empolyment(Expensive oil wont help). As with the global minimum wage, we will never reach that point as every countries economic dynamism is a different, though we will see a minimum wage drop to levels that will allow the US to compete, i think because of US worker productivity being the highest in the world next to japan, we wil never reach minimum wage parity with countries such as china. As with the government QE programs that are helping the divide between the classes to increase,i agee wholeheartedly. QE is robbing the people wealth and giving it to corporations. the thing is i dont get is why the sheep still think that a stock rally will benefit them, when the reason why stocks are so high is because of the fact companies have reorganised their workforce, fired people, to achieve higher productivity/efficiency with a smaller workforce an lower costs associated with outsourcing and have also focused on emerging economies not to mention cheap credit/bailout money. Yet the same sheep will demonise unions when it is them who benefit from unions. Minimum wage will have to rise above of inflation to really have an effect, not just incremential increases that will be negated with inflation. The US is a corporatocracy. Their is nothing we can do, as the corporate dogs have enabled the chinese to rise to the point where it isnt dependent of foreign investment anymore, increasinglt relying on domestic markets.
Best way to better income distribution ? Stop letting the biggest corporation of them all (Govt) take your money via taxes + print more money when that runs out = more regulations to benefit the rich, more policies to benefit the rich, more money handed out to rich (bailouts when shtf). But some people seem to think because a scam artist calls himself a democrat then he's no longer a scam artist. The biggest impediment to more equal income distribution are the idiots in our democracy that keep voting for the same dumb niggas expecting a diff. result... which is ironic because they only people they are hurting w/ such action is themselves.