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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: abuelita who wrote (1095)11/10/2004 12:25:15 AM
From: Raymond Duray  Read Replies (1) | Respond to of 361282
 
Re: you're right of course, but when has it
ever been so?


Not that long ago. In 1890 and again in 1929, the difference between the income of the elite and the werkinstiff was over 100:1. By 1970, due to the sane and humane policy of Progressives and especially FDR's Administration, this ratio dropped in the U.S. to something on the order of 30:1 or 40:1.

Today, that ratio has gone ballistic. Corporate CEOs "earned" (ahem...) about 500:1 to their average employee in 2003. This is obscene. It is immoral. It is a sign of a nation that is falling apart as a society.

The Republicans always wail about "class warfare" when the Democrats try to rein in the worst abuses of the corporations. Well, truth be told, the rich are winning the class war, hands down. And they have the evangelical, charismatic bunny rabbits in their goofy born-again churches to thank for the theft of the federal (now feral) gov'mint. Talk about shooting yourself in the head.

So, in answer to your question, it was certainly within my lifetime that we had a much more decent society based upon the wise constraint and regulation of the rapacious capitalist class.