Today, average Americans have less power relative to the monolithic corporate and governmental institutions that dominate our society than at any other point in U.S. history. Sadly, this is not what our founding fathers ever envisioned. Our founding fathers established a government “of the people, by the people, for the people”, but what we have today is very far from that ideal. In America today, wealth and power are very highly concentrated, and if you have neither wealth nor power than most of our politicians really do not have any interest in you. Over the past several decades, those with huge amounts of money and power have been busy rigging the game so that the rest of the money and power slowly but surely funnels into their hands. If current trends continue, the banksters and the corpocracy will eventually own it all. Below you will find 29 statistics about extreme income inequality in America. Sadly, most of these statistics will be out of date in a year or two because wealth and power will be much more concentrated by that time.
If you are a “Kool-Aid drinking Democrat” you are going to be really upset by this article. If you are a “Kool-Aid drinking Republican” you are going to be really upset by this article.
Most Republicans have been brainwashed into believing that “capitalism” means cheerleading while the big corporations hoover up money and power.
Most Democrats have no trouble with big corporations either because most establishment Democrats have been brainwashed into believing that large concentrations of power (whether governmental or corporate) are generally good. Most Democrats just wish that big corporations were a little less greedy and were a little more “socially responsible”.
Today, the big banks, the big corporations and the federal government are all in bed with one another and it is average Americans that always lose out.
Our founding fathers tried to warn us about large concentrations of power. They attempted to establish a very limited central government, they wanted to keep us free from the tyranny of the big banks and they were very suspicious of large corporations.
In a 2010 article, Rick Ungar noted that corporations were very seriously restricted in the early days of America….
After the nation’s founding, corporations were, as they are today, the result of charters granted by the state. However, unlike today, they were limited in how long they were permitted to exist (typically 20 or 30 years), only permitted to deal in one commodity, they could not own shares in other corporations, and their property holdings were expressly limited to what they needed to accomplish their corporate business goals.
My how things have changed.