Tag Archives: unsustainable economics

Why Do Poor People Play The Lottery?

 

 

The odds of winning the lottery are so low that buying a lottery ticket is arguably pointless. Therefore, many people believe that buying a lottery ticket is tantamount to paying an “idiot tax.” There’s a lot of truth to that point of view, but the cynicism of that point of view overlooks a very profound and very real truth about life in predatory capitalist economies such as the United States of America.

This truth stems from the fact that, in America, if you can’t afford a $30,00+ university degree or you’re not smart enough to pass all the exams or write all the essays required to earn a university degree then the glass ceiling of higher education prevents you from making a living wage…ever. Granted, there are still some options available to people who aren’t wealthy or smart enough to go to college. You can still join the military or go to trade schools, but the reality of the world we live in is that there are still some people who aren’t cut out for even that. Even if they were able to jump through the hoops it takes to get a decent paying job, our economy stills pays workers as little as possible while charging customers as much as possible while marketers do everything they can to convince everyone to buy as much as possible whether they need those advertised goods/services or not or whether they can afford those goods/services or not. Between the oppression of low wages and high prices, the reality of our economy is that millions of people will never be able to make a living wage.

Here’s the thing about that. If you’re a middle-class citizen who was able to buy your way up through the glass ceiling of higher education, then buying lottery tickets is objectively a dumb idea. You make enough money to be able to save for a comfortable retirement or to be able to start your own business despite America’s restrictive small business laws. This means the cost/benefit analysis of spending money on the lottery doesn’t add up for you.

However, the cost/benefit analysis of buying lottery tickets is not the same for an upward mobile middle-class citizen as it is for a lower class wage slave. People who have to work their entire lives for barely enough money to survive and/or don’t have the intellectual intelligence to navigate the oppressive bureaucratic obstacles to starting their own business have little to no chance of ever fighting their way out of poverty. For these people, there is no hope of saving their money and making a better life for themselves. Even if they do save all of their money and deny themselves any of the frivolous joys that the rich enjoy every day, they still won’t be able to save enough money to enjoy the good life of the rich and famous. The best they can hope for is to save enough money to cover a tenth of the medical bills they’ll inevitably rack up in old age. Even after a lifetime of back-breaking hard work they won’t be able to save enough money to cover the cost of a decent retirement home. In other words, they have no hope in life… period.

 

 

The lowest class workers may not be smart enough to earn a college degree, but they’re smart enough to see that no matter how hard they work and no matter how much of their minimum wage paycheck they save they’ll never be able to live a life of full human dignity. So, given the hopelessness of their prospects in life, the cost/benefit analysis of buying lottery tickets actually does truly add up.

The poorest of the poor never had any chance of having a good life no matter how much they saved because they were never going to make a living wage to begin with, and all the money they do make is inevitably going to be stolen by insurance companies, banks, utilities, taxes, cell phone bills, rent and all the other expenses that come from living in a predatory capitalist economy. So, given that the poorest of the poor never had a chance of saving enough money to make a good life for themselves, the 1-in-a-billion chance of having a good life from winning the lottery is higher than the 1-in-0 chance of having a good life from working hard and saving their money.

That’s why poor people spend their money on the lottery. it’s less because they’re stupid and more because the predatory economy that they live and toil under is stupid.

 

If you enjoyed this post, you’ll also like these:

Predatory Capitalism Creates Poverty
Socialism and Communism
The Life of the Rich
The Life of the Poor
Oppression in the Workplace
Success and Retirement
The Housing Market
Healthcare in America
The Stock Market
Banks
Taxes
Cryptocurrency
Fixing the Economy
My Tweets About Economics

Why Does It Have To Be So Hard To Retire?

There’s no one right way to success, but if you follow the steps below you should be able to retire happily and peacefully.

 

1. Be born in whatever country is currently the world superpower.

2. Be born a male and a member of the ethnic majority in that country.

3. Be born to well-educated, upper-class parents who have achieved a significant level of personal self-actualization

4. Have a healthy infancy. Be well nourished,  vaccinated and monitored. Have lots of positive interaction with both your parents.

5. During the first few years of your life, receive lots of positive conditioning training that teaches you to build confidence. Also, make sure your environment is tailored to your sensory input tolerance level.

6. Go to a solid elementary school that has minimal disciplinary problems and bases its curriculum and policies around best practices designed by a truly professional psychological organization that specializes in education.

7. Receive lots of emotional support during your puberty years. Be able to talk openly with a wide support network that will help you work through all your problems in a healthy, productive way.

8. Go to a well-funded high school with minimal disciplinary problems, a high-quality staff and a wide range of extracurricular activities with well-funded labs. Focus on your school work. Don’t let friends, fun, and dating distract you from your responsibilities.

9. Make time in your high school schedule to find meaningful entry-level work in the field you’re going to spend the rest of your life working in. Volunteer as an intern if you have to.

10. Graduate high school at the top of your class having won multiple prestigious awards in various extracurricular activities. Go to university for the next 8 years and have someone else pay for it all. Get a generous allowance, but keep doing low-level work in the field you’re studying. Let your supervisors know from the beginning that you are focusing like a laser on moving up the ladder in your industry.

11. Graduate with a doctorate degree and move straight into upper management if you’re not there already. Put yourself in a position in the industry where upper-class people would want to do you favors.

12. Employ the crash savings technique. Spend as little as possible to live healthily and save as much as possible. Don’t get in a relationship with anyone who makes less money than you, is crazy or unhealthy.

13. Invest in an IRA from the youngest age possible. Work for a company that has a secure 401k option that matches your contributions, and invest in it. Keep your spending money in a secure, high yield money market account instead of a regular checking/savings account.

14. Buy the smallest cheapest house you can as soon as you can afford to pay it off in 5 years. Stick to that schedule. Get a professional roommate immediately and start charging her rent.

15. Kiss up, back-stab, lie, cheat and grind your way up in the industry you work in for the next 60 years.

16. As you get closer to retirement, steadily transition your investments from high risk to low risk. Consider becoming a slum lord and hire a property management company to oversee your properties.

17. Equip your house with the latest self-sustainability technology and stop relying on or paying for utilities.

18. Keep a strong support network around you your entire life. Have regular meaningful contact with other people after retirement. Keep at least a semi-regular schedule. Mediate and do yoga. Play lots of video games, laugh often and get the best medical care money can buy.

 

 

Follow these simple steps and your life will turn out great. If you get knocked off track anywhere along the line, don’t expect to get any sympathy from the world around you. You’ve got a roadmap to success right here. If you don’t follow it to the letter, then any consequences you suffer as a result are nobody else’s fault but your own. Anyway, that’s the belief that gets pounded into the heads of billions of people who were born into unhealthy environments with little to no resources.

 

 All I’m saying is, imagine if you lived in a world where the retirement flow chart looked like this:

1: Be born in a country that doesn’t have an inhumane, predatory housing market.

2: Be born in a country that has free, equal access to all levels of education for everyone.

3: Have an automatic allotment set up at birth that covers all your taxes and investments so you never have to think about taxes or investments in your life ever.

4: Get a job working for a company that provides on-site housing and mandates a majority share of excess profits be divided among all the employees in the company.

5: Get a condo as part of your retirement package that you don’t have to pay any property taxes or fees on.

 

If you enjoyed this post, you’ll also like these:

Predatory Capitalism Creates Poverty
Socialism and Communism
The Life of the Rich
The Life of the Poor
Oppression in the Workplace
Success and Retirement
The Housing Market
Healthcare in America
The Stock Market
Banks
Taxes
Cryptocurrency
Fixing the Economy
My Tweets About Economics

How Predatory Capitalism Warps The Way We Define Maturity

Dictionary.com defines “capitalism” as:

  1. “an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth.”

 

In and of itself, there’s nothing sinister about individuals or groups being able to own means of production. It becomes deathly sinister for workers and customers though when business owners underpay their workers and overcharge their customers… because that’s how poverty is created.

When a Capitalist economy goes full predatory, it hurts people in ways that can be measured by empirical quality of life statistics, but it also hurts people in more subtle, psychological ways, such as warping their perception of maturity.

 

Dictionary.com defines “maturity” as:

  1. complete in natural growth or development, as plant and animal forms: a mature rose bush.
  2. ripe, as fruit, or fully aged, as cheese or wine.
  3. fully developed in body or mind, as a person: a mature woman.
  4. pertaining to or characteristic of full development: a mature appearance; fruit with a mature softness.
  5. completed, perfected, or elaborated in full by the mind: mature plans.

 

We know when a piece of fruit is mature, and we know when a human body is mature, but when is a human mind mature? That’s a philosophical question that humans have been arguing about since the dawn of civilization, and every culture has institutionalized their own opinions about what knowledge and ideas a mature person should have in their head. But there’s one prerequisite to maturity that all cultures hold: the ability to survive and thrive in the local environment.

The skills it takes to survive change depending on the challenges of your local environment. For example, it would take different skills to survive and thrive in Alaska, Hawaii, Australia, Vietnam or New York City. If a “responsible” person moved from one environment to a place where their skills are inapplicable, the locals would watch that person struggle with the smallest responsibilities, and would likely view that person as immature. The locals would certainly look down on members of their own community who couldn’t master the environment they were raised in.

This concept is easy to observe when looking at primitive hunter/gatherer societies living in harsh natural environments. It becomes murkier when the environment is a modern, service-based economy that you grew up in and have taken for granted your entire life.

In the modern world, the average worker doesn’t need to know how to build their own shelter or live off the land. Most people work at jobs in buildings where they make and sell goods or services. They get paid for their work with money, which can be used to buy anything, and in fact, is the only medium of exchange most businesses accept. In order to put a roof over your head, clothes on your back or food in your belly, you need money. Money is survival, comfort, security, freedom, and power. Since one’s ability to survive and thrive in a capitalist economy depends on having money, that means for people living in that environment, responsibility is inextricably tied to making and keeping money. The more predatory the economy is, the truer this is.

Growing up in an economy where surviving and thriving depends on making money, it’s natural for children to view people who have money as responsible and people who don’t as irresponsible. Children who never learn the causes of economic inequality tend to grow up into adults who worship the rich and despise the poor.

 

 

This is a warped perception of reality, because the way most millionaires and all billionaires get rich, is by paying their workers the lowest wage that supply and demand and the law will allow while selling the cheapest goods and services at the highest price supply and demand and the law will allow. Then they pocket the difference. The poorest of the poor may have made bad decisions in their lives, but when the cost of living is higher than (or even slightly below) your income, you’re stuck struggling to keep your head above water most of your life or until the inevitable hospital bill finally robs you of everything you’ve saved.

There are those who would argue that there are ample options available to the poor to help them lift themselves out of poverty, and therefore anyone who doesn’t take those opportunities, are just irresponsible. While it’s true some poor people pass up on opportunities, the fact of the matter is most high paying jobs require a college degree. More often than not, employers care more about their applicants’ degrees and certificates than their actual job skills or work experience. Since a college degree costs as much as possible, the only way to get a college degree is to be born to rich parents or go into half a lifetime of debt. Since the poorest, unskilled workers can’t afford to live a decent life, let alone a college degree, they’re shut out of most of the jobs that pay a living wage. To add insult to injury, uncredentialed employees who work 60 hours a week to provide for their family have to live with the stigma of not being mature or responsible enough to graduate college, while the children of rich parents can party their way through four years of college, barely pass and still be viewed as more responsible and have more doors open to them.

The glass ceiling of the college degree cleanly separates society into two castes of people, and the easier it is to divide society into deserving and undeserving classes, the easier it is to justify and accept exploiting the underclass. When a caste system becomes so ingrained in a culture, the under-class will even celebrate and defend it themselves. You can see this happening in almost any office building in America every day, and it’s not entirely illogical, just short-sighted.

Since survival depends on making money and making money depends on getting a job, the people who are the best at keeping jobs have an evolutionary advantage over people who can’t hold down a job. Therefore, the ability to keep a job is a hallmark of responsibility and maturity. And the best way to keep a job is to do your tasks correctly, go above and beyond the call of duty, follow all of your employer’s rules flawlessly and treat your employers with gracious respect. Since these are the skills employees need in order to survive, they’re responsible and mature behaviors.

 

 

These rules would be completely reasonable, but in a predatory capitalist economy, employees are already worked as hard, as fast and as long as possible with as few breaks and as little mercy as the law allows. That’s how hard poor people have to work to prove to their peers and bosses that they’re responsible, and they’re held to that level of accountability every single day. When that becomes the norm, and workers start holding their peers accountable to slave standards, they effectively police their own slavery. If those are the values they live by all day at work, those are the values they pass down to children.

Predatory businesses don’t just ask employees for their time and energy. They often take their employees dignity. Employees are often expected to wear humiliating uniforms, endure offensive treatment by customers and bosses, perform degrading tasks and address higher paid employees with higher titles and signs of respect. They’re expected to erase their personality while at work and act like soulless robots who love their job. Since these are the behaviors necessary to keeping a job and thus keeping an income, these behaviors are responsible and mature.

This means that being yourself and standing up for yourself is irresponsible. Quitting your job and pursuing your passion is seen as childish and naïve, and choosing not to have a full-time job is looked down on as absolutely crazy. Many young people have a hard time adapting to this dignity-less environment when they enter the workforce, but if they live in it long enough, they often come to accept and even embrace it.

 

 

Cultures always reflect their environment, and oppressive economic environments tend to create oppressive cultures with oppressive values. That’s exactly what’s happening in most of the world right now. While it may technically be responsible to beg, bow, scrape, fight and play the game to survive, that’s only because the economic environment was shaped by people who profit from exploitation. If our environment wasn’t designed to make life so hard and hopeless, responsibility would be defined by higher standards. We all have a responsibility to survive, but we also have a responsibility to our children and humanity in general. We’re not fulfilling our responsibility to our children by passing down instructions on how to be the ideal slave. We owe them a more humane economic environment, and until we deliver that, none of us are mature.

 

If you enjoyed this post, you’ll also like these:

Predatory Capitalism Creates Poverty
Socialism and Communism
The Life of the Rich
The Life of the Poor
Oppression in the Workplace
Success and Retirement
The Housing Market
Healthcare in America
The Stock Market
Banks
Taxes
Cryptocurrency
Fixing the Economy
My Tweets About Economics

The Fundamental Problem With The Economy

The problem with the economy is simple. Workers are paid minimum wage to work as long and as hard as possible. At the same time, goods and services are priced as high, and are made as cheaply, as possible. This simple formula creates two outcomes that are very easy to calculate.

One: It costs more to live than most employees can earn working forty hours per week.

Two: Most of society’s money flows up to business owners’ bank accounts.

The upward flowing money doesn’t trickle back down to the poor because the rich hoard it and/or spend it on expensive possessions. What little money does trickle down to low-wage employees, gets spent immediately on extortion-priced food, clothing, shelter, healthcare, education, and repairs.

The more money the rich exploit from the poor, the less money the majority of consumers have to spend. The less shoppers spend, the fewer jobs are needed to fill the customers’ demands. The higher the unemployment rate, the greater demand for jobs there is. The higher the competition for jobs is, the less pay, fewer benefits and longer hours applicants will agree to, in exchange for a job. The more businesses exploit their employees’ desperation, the more profit the owner can keep, and thus, the better the economy looks on paper.

When CEOs are getting rich, it looks like the economy is doing great, but ultimately, it means life sucks as much as possible for as many people as possible. That’s the fundamental problem with the economy.

If you enjoyed this post, you’ll also like these:

Predatory Capitalism Creates Poverty
Socialism and Communism
The Life of the Rich
The Life of the Poor
Oppression in the Workplace
Success and Retirement
The Housing Market
Healthcare in America
The Stock Market
Banks
Taxes
Cryptocurrency
Fixing the Economy
My Tweets About Economics

The Cost/Benefit Analysis Of Economic Oppression

The benefits of economic oppression are obvious, and they can be summed up in three words: comfort, freedom, and legacy. The wealthiest people in the world can enjoy whatever comforts they can imagine. At the snap of a finger, they can have things poorer people would have to work their entire lives for.

The rich are the only people who are truly free. Nobody has the leverage to tell them what to do for nine hours per day. So they’re free to work however, whenever, and wherever they want. They’re free to travel wherever, whenever and however they want. Barring going on a shooting spree in a shopping mall, they’re free to break most laws. Even if they get arrested, they can hire a team of attorneys to bend the law so they’ll either be found innocent or charged a fee that represents such a tiny percentage of their wealth, the legal consequences are inconsequential to them.

 

 

The 1% have more money than they could spend in their lives, and most of that money is sitting in investment vehicles that will continue to make money after they’re dead. So as long as their descendants aren’t completely irresponsible, they can live comfortable, free lives indefinitely. If all you have to do to have that kind of life and legacy is sign a piece of paper approving the exploitation of workers you’ll never meet, I doubt many people would pass up the opportunity. Getting rich through extortion looks temptingly consequence-free, but it has hidden costs.

 

 

Consider the kings and serfs from the Middle Ages. Royalty squandered their wealth and lived more comfortably than their serfs could ever imagine, and yet the serfs of today live more comfortably than the kings of antiquity could have imagined. The reason we live so much more comfortably is because of technological progress, which is the result of billions of people all over the world applying their time and education to scientific study. The more people who collaborate on research, the faster it generates results.

If instead of forcing everyone to devote the bulk of their lives to menial work for just enough money to survive, we devoted our resources to give as many people as much education and free time as possible, we could speed up humanity’s technological development exponentially. If we didn’t have our priorities so backward, we could easily be living on the moon before Generation X dies of old age. If we had never oppressed anyone in the history of mankind, we would have been building android factories on Mars a hundred years ago.

Even though the rich may be freer than their employees and customers, their freedom comes at an unnecessary cost. A wealthy person can walk through an inner city ghetto safely, but they’d need to hire paramilitary escorts. Their family is free to sleep soundly without fear of burglars, but that’s only because they have million dollar security systems and security guards. The rich can bypass all the cumbersome and demeaning security measures at airports by flying in their own planes, but they never stop to really ask themselves, “Why do we need security measures in airports at all? Why do we need locks on our doors? Why do we need bodyguards?”

 

 

We need security because there are billions of stupid and/or desperate people in the world. The reason the world isn’t filled with billions of intelligent, content, philosophers is because the leaders of the world have designed the system to exploit the majority of the world’s population. If we dedicated our resources to helping people instead of oppressing them, we wouldn’t need to lock our doors or carry guns or have metal detectors at airports and schools. We probably wouldn’t even need armies because everybody would have enough resources to survive and thus wouldn’t need to fight each other.

Until that day comes, freedom will always be so expensive that only the wealthy will be able to afford it, and it will always be an unnecessary expense for the rich because they created it by exploiting those with less financial leverage than them. It would be so easy for rich people to leave their children a Utopian world. All they need to do is treat everyone as equal human beings. The only cost to them would be not being able to hoard more money than they could ever possibly spend.

 

If you enjoyed this post, you’ll also like these:

Predatory Capitalism Creates Poverty
Socialism and Communism
The Life of the Rich
The Life of the Poor
Oppression in the Workplace
Success and Retirement
The Housing Market
Healthcare in America
The Stock Market
Banks
Taxes
Cryptocurrency
Fixing the Economy
My Tweets About Economics

The Downside Of Economic Growth

Economic growth increases some people’s chances of getting a job or a raise, but it doesn’t mean everything is getting better. Quite the opposite, economic growth isn’t bringing the world closer to Utopia. It’s making life unbearable for the poorest of the poor and bringing the entire human race closer to extinction.

In order to understand why economic growth is so perilous, you have to understand what makes the economy rise and fall. Thousands of mind-bending books have been written on that subject, and understanding the economy has become more complicated with the invention of the stock market, futures, short sales, trade sanctions, treaties, and taxes.

Ultimately, economic growth mainly boils down to how much money people spend, and this concept is easy enough to see with your own eyes. The more customers buy goods and services, the more money businesses have to pay employees, hire new employees, expand/improve their business and ultimately sell more goods and services. The less money people spend, the less money businesses have to invest. If their profits are too low, they’ll eventually have to fire some, or all, of their employees. The more businesses go bankrupt, the more “the workforce” turns into “the unemployed.”

 

 

That’s basically common sense, and on the surface, it sounds reasonable. The problem lies in how businesses increase profits and what they do with those profits. Business is war, and war is hell. In this economic climate, the most ruthless companies rise to the top, because in order to be the most competitive, they have to underpay employees, gouge customers, lower health standards for workers and customers, eliminate employee benefits, create meaningless and hidden fees, manipulate stock prices, outsource jobs to countries where slavery is less ambiguous, manipulate customer’s minds through disingenuous marketing and exploit tax loopholes and tax havens.

Every blue-chip company does this, and they’re just the tip of the iceberg. This is the standard business model for the entire economy. The most successful companies just do it better than anyone else. The “health” of blue-chip stocks is one of the ways we measure the “health” of the American economy, but when companies grow using a slash-and-burn business model, it doesn’t mean life is getting better for most people. It means those companies are bankrupting their less oppressive competitors and creating more jobs in their financially crippling, bureaucratic hell. That’s not taking us closer to a better world. That’s taking us closer to a dystopian novel.

To make matters worse, when the economy is making record-breaking profits, it means businesses are selling an unprecedentedly high number of goods and services. This means our factories and highways are working faster than ever to convert all of the world’s natural resources into consumer garbage destined to become toxic landfills.

If you want to know what the future of the world looks like, go to the island of Oahu in Hawaii. Businesses took the quintessential example of paradise and paved it over with urban sprawl until there wasn’t any room left to build. Now half the beaches are too toxic to swim in, and many have turned into homeless camps that the government bulldozes every few years to keep up appearances.

The cost of buying or renting property in Oahu is astronomical, even in the slums. It takes an hour to drive twenty miles in any direction. Meth use is epidemic among the poor. Brown-skinned workers toil in the tropical heat and humidity harvesting pineapples for barely enough money to survive, while across the island, millionaires get blowjobs from high-priced call girls in penthouses. This is not the world you want to live in, but every day we’re laying more concrete in every direction, solidifying our future in that world.

When the entire world has been converted into strip malls and suburbs, blue-chip companies will have secured every human being as guaranteed customers for life, because in suburbia your only access to food, water, clothing, shelter, education, and amusement are predatory businesses. When every city looks the same, you can run as far as you want; you’ll still end up somewhere identical to where you started. You’ll still work for the exact same companies and have to buy the same cheap, toxic products.

Even if you like eating at McDonald’s and working for Max Lumburg at Initech, you’re still left with the problem that everyone’s employers are converting the world’s natural resources into trash as quickly as possible. I doubt we’ll reach the point where every square inch of usable land in the world is covered in grimy suburban sprawl because we’ll have burned through our resources before the system has a chance to reach its inevitable end.

 

 

If I had to bet money on whether or not suburbia will succeed at consuming the world’s resources to apocalyptic proportions, I would bet that it will, because the more economic growth there is, the more money predatory business owners are able to spend influencing public opinion and government policies. The bigger the marketing industry grows, the more Orwellian our world will become. The more influence companies have over politicians, the more they can design the laws to benefit themselves at the expense of everyone else.

The richest men in the world already have practically unlimited access to political power. So at this point, it’s not about the rich gaining power; they’ve already got it. Now they’re just tightening their grip, and the greater economic inequality grows, and the more time they have to mold the law, the more guaranteed their financial security and growth will be. The more guaranteed “economic growth” is, the more guaranteed the suburbanization, and thus, destruction, of the entire world is.

 

If you enjoyed this post, you’ll also like these:

Predatory Capitalism Creates Poverty
Socialism and Communism
The Life of the Rich
The Life of the Poor
Oppression in the Workplace
Success and Retirement
The Housing Market
Healthcare in America
The Stock Market
Banks
Taxes
Cryptocurrency
Fixing the Economy
My Tweets About Economics

The Economy Needs A Love Stimuls

 

There’s an old saying among investors that goes something along the lines of, “Invest in the companies you buy products from.” You don’t need to have a Ph.D. in economics to understand that if you’re buying a company’s products then other people are too, and their stock is likely to go up and stay up.

There’s actually quite a bit you can understand about the economy without having a Ph.D. just by looking around you and using common sense. The economy is laid out at your feet. Every time you go to work you set foot in the economy. Every time you pay your bills, go to the bank, go to the grocery store, go on vacation, etc. you’re getting a first-hand look at the fundamental gears of the economy.

Now I’m not trying to imply that it’s a waste of time to study economics in an academic setting. I just want to talk about the concrete things we can see in front of us and compare it to what the talking heads on television are telling us. What I see in front of me is that every year everything is getting more expensive. Part of this is because of inflation, which the government could eliminate by printing less money, but they’ve decided a little inflation is good because it encourages investment. Whether or not that’s good or bad or right or wrong is another argument altogether. What’s important is that the main reason products and services are getting more expensive is because business can get away with charging more. And of course they’re going to bump up the price every chance they can. It’s in their best interest because it makes them money.

I also see business finding more and more sneaky was to rob the consumer by exploiting legal loopholes. Contracts, terms of service, warranties, service agreements, service plans, unnecessary upgrades, fines, recurring charges, etc. If you have a bank account, cell phone, cable TV, credit card, loan, mortgage, insurance, retirement fund, or have had to sign your name on any piece of paper for a business then you know what I’m talking about. And all these nickels and dimes not only hurt the poorest of the poor the hardest, but they actively target the poorest of the poor.

Speaking of targeting the poorest of the poor, fines for breaking one of the millions of useless laws we have in this country hurt the poor disproportionately more than the rich as well. I read an article on the Internet today that said Congress was actually hoping to pass a law to fine people who are too poor to afford health insurance just like they fine people who are too poor to afford car insurance. I don’t see that happening, but it horrifies me that it was ever even brought up. That tells me a lot about the kind of country I live in.

And while all of this is going on minimum wage lags far behind inflation. It’s becoming more common to hire people as contractors and fire them before they can earn benefits. Most of the people I know in real life have horror stories about themselves or their friends/family getting laid off because the company they worked for wanted to hire a young person out of college who could do the job cheaper. If you want a new job, your professional references are quickly becoming useless as employers refuse to give meaningful recommendations out of fear of being sued for slander.

And probably most importantly, let’s talk about the education bubble. The cost of an education is skyrocketing. It can double in a single year. Why? Profit. Period. And nobody gives a shit if you can’t afford it or if you have to spend the rest of your life paying off loans with interest for an overpriced piece of paper that doesn’t even reflect your professional potential. A degree is by and large a lie, but without that lie, you can’t get ahead in business. And that speaks volumes of America’s business model. It’s based on a stack of lies….lies that everyone knows are lies but do nothing about because we don’t have the courage to stand up to bullshit no matter how many Disney movies we watch and spend the rest of the night feeling like Hercules or Mulan in our crippled little heads.

But do you ever hear the talking heads on television discussing the fact that our economy is built on the blood and sweat of the poor, and that more than anything else the driving force of our market is exploiting and manipulating the consumer and the worker, particularly the poorest of them? No. They talk about stimulus, recessions, market forces, foreign debt, wall street reform, bonuses for CEO’s, etc. And while all of these topics have their place in the economy they’re ignoring the fundamentals, the salt of the earth shit. They’re ignoring the fact that the poor who are holding up the economy are being bled dry, and the signs around town say it’s only going to get worse. You can reform as many bullshit stacks of paper on Capitol Hill that nobody except a few Congressional assistants and a few eccentric professors are going to read. It’s not going to change the fact that business in America is run like shit.

The only stimulus that is going to change America around is love. Give the poor the wages they deserve, charge them what’s fair, and quit trying to fuck them out of every extra cent they have through predatory legal loopholes. That is the only reform package that’s going to fix our economy. I know the rich, sadistic mother fuckers who designed our system don’t want to hear much less do that, because it means they’re only going to get filthy rich instead of stupid, ridiculously, filthy rich, but if they continue business as usual they’re going to suck the poor dry until the poor have nothing left to give and nothing left to lose. When we run out of purchasing power the economy stops. Then the rich won’t be able to make any more money anyway, but that’ll be the least of their problems because the poor will have nothing left to lose. Have you ever met someone who has nothing to lose? They’re scary. It’s like they have a superpower. They don’t give a fuck. They will eat your face off.

That’s the choice every CEO needs to make: treat people with equal respect and love or lose all of your customers and your family’s fucking faces eaten off by a horde of starving peasants you drove to desperation because you failed to reign in your ignorant, shortsighted, wasteful, merciless greed but instead prolonged the exploitation of your fellow man by hiring well dressed bobbleheads to get on television and confuse the population with bullshit talk about macroeconomics you knew they wouldn’t understand or question and thus would just defer authority to you like good little dogs and go on eating your shit while you feasted on more stake than you could even finish.

 

If you enjoyed this post, you’ll also like these:

 

Predatory Capitalism Creates Poverty
Socialism and Communism
The Life of the Rich
The Life of the Poor
Oppression in the Workplace
Success and Retirement
The Housing Market
Healthcare in America
The Stock Market
Banks
Taxes
Cryptocurrency
Fixing the Economy
My Tweets About Economics

Suburbia Is A Sensory Deprivation Chamber

Rows and rows of identical suburban houses

 

Suburbia has a glass ceiling of happiness. Psychologists have pretty well documented the aesthetic effect of your surroundings on your mental state. McDondalds is painted bright colors to make you move faster. Prisons are painted dull colors to make you apathetic. Suburbia is drab. Its architecture is mediocre and repetitive. You don’t get the sense of wonder and awe as at the top of a mountain or in a cathedral. There’s a limit to the amount of joy you’re going to receive from the aesthetics of suburbia.

Spending too long in sensory deprivation makes you withdrawn and catatonic. In suburbia, where we sit in our climate controlled houses, drive the same route over and over to our climate controlled offices, where we sit in climate controlled cubicles… we’re basically living in a sensory deprivation chamber, and it has a noticeably dulling effect on our minds.

Unless you work really hard to break up your routine, every day of the week is likely to be indistinguishable from any other day of the week any year of your life. You can actually live on autopilot and never think and still get through your life. Spend enough time in suburbia, and stop noticing your drive to work. You’ll just show up to your job and realize, “I don’t remember driving here.” Suburbia numbs you that profoundly.

Life in suburbia offers luxuries and comforts unheard of to royalty in the Middle Ages, but when life becomes so rote, with so little variation, you’re eventually left with no frame of reference to judge the highs and lows. You lose your orientation of happiness and experience happiness vertigo. Then minor inconveniences in your life can seem like the end of the world, and small pleasures can seem euphoric. But the latter statement is no justification for happiness vertigo because that lifestyle is chaotic, unreliable, and ultimately stressful.

Being happy requires fulfilling your wants, because if you don’t, your mind gets stuck in a perpetual state of fight or flight as it yearns to fulfill its perceived needs. Suburbia kills your opportunity to fulfill your wants in two ways. First, the fact that your basic survival needs are fulfilled misleads you into thinking you have everything you should want. You feel guilty if you ask for more, which dissuades you from expecting more out of life. Even if you do have ambition, suburbia will stifle it. You’ll have to drive long distances to reach businesses. You’ll have to sit through stressful traffic to reach any place you might express yourself or grow. Given that you’re a slave to your job and family, you won’t have much time to do that anyway.

If you ever reach a place where you can express yourself or grow, you’ll have to pay for it, but utilities, rent, mortgages, insurance, car payments, credit card bills, cable, internet, cell phones, etc. will keep you perpetually buried in debt. Suburbia is designed to drain your wealth, which limits your options, and cancels out the sense of security that is suburbia’s greatest advantage.

Everything about suburbia is designed to normalize life as unbroken, numbing, lukewarm blandness. Sure, you’ll be insulated from the atrocities of the ghetto or third world countries, but it’ll be nearly impossible to experience self-actualization and fulfill any meaningful purpose.

 

 

If you enjoyed this post, you’ll also like these:

Predatory Capitalism Creates Poverty
Socialism and Communism
The Life of the Rich
The Life of the Poor
Oppression in the Workplace
Success and Retirement
The Housing Market
Healthcare in America
The Stock Market
Banks
Taxes
Cryptocurrency
Fixing the Economy
My Tweets About Economics