The economic hardship that is hitting the ordinary people, more or less across the globe, receives lots of explanations, from pandemic, supply chain break down, to the war in Ukraine and sanctions on Russia. You can take you pick or pick and mix, but are you getting to the heart of the problem? Perhaps we can dismiss all these supposed reason and listen to top US economists and certain government officials, who seem to lay the blame at the workers feet, by stating wages are too high, and there is not enough unemployment. The chair of the Federal Reserve, one very rich, Jerome Powell, has openly stated that inflation is being caused by wages being too high, and economist and former Clinton aid, Larry Summers, claiming that the solution to the inflation problem is to increase unemployment to around 10%. With these guys of the financial Mafia calling the shots, don't expect austerity to disappear any time soon.
Their answer to the aim of increasing profits is lower wages and increase unemployment. So are we here by design, incompetence by our lords and masters, or the inevitability of living with a greed driven, insane economic system that benefits the few at the expense of the many.
Do we wish to be pawns in this economic gambling casino of the pampered parasite class. Can we hand this legacy on to our children and grand children? Surely they deserve better than this as their way of life. Their future is in our hands, we can sit back and let the leeches bleed us dry as we struggle from day to day in a perpetual spiral of increasing poverty. Or we can organise within our communities and workplaces to take control of our lives, and shape society to our desires of seeing to the needs of all our people. We have the ability, imagination and numbers to build that better society based on equality, free association, sustainability and mutual aid, a society where the world is our village and its population our brothers and sister, not our competitors.
Their answer to the aim of increasing profits is lower wages and increase unemployment. So are we here by design, incompetence by our lords and masters, or the inevitability of living with a greed driven, insane economic system that benefits the few at the expense of the many.
Do we wish to be pawns in this economic gambling casino of the pampered parasite class. Can we hand this legacy on to our children and grand children? Surely they deserve better than this as their way of life. Their future is in our hands, we can sit back and let the leeches bleed us dry as we struggle from day to day in a perpetual spiral of increasing poverty. Or we can organise within our communities and workplaces to take control of our lives, and shape society to our desires of seeing to the needs of all our people. We have the ability, imagination and numbers to build that better society based on equality, free association, sustainability and mutual aid, a society where the world is our village and its population our brothers and sister, not our competitors.
An American guy named Jefferson, you may have heard of him, once wrote, "when the government assaults the very liberties it was hired to protect, it is time to alter or abolish it." I would go for abolish as a start.
