Posts Tagged ‘Power’

What needs to be redistributed?

May 28, 2013

Norman-Rockwell-Freedom-of-Speech-1943The people in the upper 1 percent income bracket are getting richer, and most of the rest are falling behind or barely keeping even.  But I don’t think wealth or income as such need to be redistributed.  What this country needs is a redistribution of political and economic power.

I would like to see a world in which labor unions, producer cooperatives and consumer cooperatives are equal in power and status to business corporations, and labor unions, consumer and environmental associations and community organizations are equal in power to business assocaitions.

Then it would be possible to deal with issues of corporate governance, monopoly power, labor relations, election laws, government transparency, conflicts of interest and all the other systemic means by which a tiny elite can milk the system for their own benefit.

As Justice Oliver Wendell Holmes Jr. supposedly said, there can be no freedom of contract without equality of bargaining power.  If power is widely distributed, the distribution of wealth and income will take care of itself.

Top 5 wishes that won’t make you happy

November 7, 2010

What follows are excerpts from longer pieces on the Cracked,com web site.

5.  FAME.

Studies show nothing is more stressful for a human than when their goals are tied to the approval of others. Particularly when those “others” are an enormous crowd of fickle strangers holding you up to a laughably unrealistic ideal built by publicists, thick makeup and heavily Photoshopped magazine covers.

You could seek comfort from your circle of friends, only now your friends have been replaced Invasion of the Body Snatcher’s-style with hangers-on, vultures, unscrupulous characters and plain dumbasses who only want a piece of the spotlight. . . even if it means selling you out later.

Click on Fame, Wealth and Beauty for more.


… As social creatures, we compare ourselves to our neighbors. This is why executives can cry about the $500,000 salary cap that comes with taking government bailout money. Their friends are making $3 million a year and live in igloo made out of cocaine. We can laugh at their complaints, but of course then you’re giving the Nigerian permission to laugh at yours. That guy made 100 times more than you, you make 100 times more than the Nigerian.

Once you start hanging around the other high earners, you’ll want all the stuff they have.  No, that’s not right–you’ll want the stuff that’s so much better than their stuff that they’ll vomit with envy. As one magazine for Wall Street bigshots put it, you want the stuff that will be “a huge middle finger to everyone who enters your home.”

Click on Fame, Wealth and Beauty for more.