Showing posts with label distribution of wealth to the top. Show all posts
Showing posts with label distribution of wealth to the top. Show all posts

Tuesday, July 16, 2019

THE DECLINE AND FALL OF THE AMERICAN EMPIRE ?








Most empires last about two hundred and fifty years, and we are at our sell-by date.


We were an innovative country during the twentieth-century; but we have become stagnated.    Capitalism served us well for a hundred years as industries were created and wealth was distributed.  A company, a job and work were the center of most family’s lives.


But now Capitalism has stagnated.   Oil and Coal companies, having powerful influence with politicians, are blocking the research and development of clean and renewable energy into the future.   Movement into high speed rail is discouraged by trucking interest and truck manufacturers.  Even though we have a high-tech brain trust here in the U.S, all our techno-gadgets are being produced and assembled in China in order to increase profit margins, which in effect is transferring the technology to the Chinese.    Our power grids are primitive and vulnerable, our roads and infrastructure are underfunded, as we divert our resources into military spending, which enriches the military industrial complex. 
 

Billionaires don’t want to see changes to the things that have traditionally made them rich, so they attempt to anchor us into an economy of the past.
 

The working middle class had been left behind because the majority of wealth has been diverted to the billionaires at the top of the capitalist food chain.   This is capitalism gone amok.


Meanwhile China is building roads across Africa.  They are leaders in the production of solar energy; they are leaders in the development of Artificial Intelligence; they are leaders in the research on drones; and let’s not forget they hold the lien on the majority the U.S. debt.


China is not a role model, but it is impossible to not recognize that they are moving ahead; while we are a country still trying to exist in the twentieth century.


Perhaps I am wrong.  
the Ol’Buzzard