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- cross-posted to:
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This is more about growth and its folly in real time.
LONDON—One lesson from an unprecedented year of elections around the world is that voters in industrialized countries are particularly unhappy, ready to boot unpopular leaders out of office and making it more difficult for politicians in power to enact bold programs of change.
Rarely have the rich world’s political leaders been so widely disliked. No leader of an industrialized country other than tiny Switzerland has a positive rating, according to a survey of some 25 democracies by pollster Morning Consult. Ruling parties that went to the polls this year largely got a drubbing, including in the U.S. and U.K.
What is happening is the consequence of private aggregations of wealth, at a scale possible to distabilise democracies, wrestling for power. Waning is their fear of the masses, so now they turn on each other. Democracy is now sufficiently captured. Through idividualised propaganda they can mold the zeitgeist in the minds in a significantly sized block of the electorate against any movement to rebalance society.
yup. income disparity high equals less enjoyable society. income disparity low and everyday life is better for everyone. Its not rocket science. there does need to be some but like 100x is quite sufficient as far as motivation goes.