Inequality Now At Lord And Serf Level
I’ve been telling folks for years that the New World Order is not some smiling Utopia, but, rather, a form of feudalism, or neo-feudalism. It is the course we have been moving towards for a hundred years, or more. – Shorty Dawkins, Associate Editor
You Know Inequality Is Bad … But You Don’t Know HOW Bad
You know inequality is bad … but you don’t know how bad.
We’ve gotten to the overlord and serf level.
Gini Graham Scott writes:
Today, as the rich get richer and the poor get poorer, it seems we are approach[ing] a new Middle Ages in America, as inequality increasingly spreads through the land. It is as if the super-rich are like the new royalty and the top 1 percent are living in mansions like the old castles of kings in the kingdoms that eventually melded into Europe and the U.K.
This situation is much like what existed in the Middle Ages, with today’s poor underclass much in the position of the peasants, and the super-rich like the nobility ….
The global 1 percent has increased their wealth from $100 trillion to $127 trillion in just three years.
[Each year since the 2008 recession], the 1 percent took in anywhere from $2.3 trillion to $5.7 trillion per year. (All numeric analysis is detailed here.)
[T]he middle class is disappearing at the global level. An incredible one of every ten dollars of global wealth was transferred to the elite 1 percent in just three years. A level of inequality deemed unsustainable three years ago has gotten even worse.