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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (68442)11/21/2010 1:07:42 AM
From: Hawkmoon3 Recommendations  Read Replies (2) | Respond to of 218030
 
catalytic observation: destroying the middle class is not a good idea

Nor is sacrificing the lives (unecessarily) of the poor to create a middle class.

Can you tell me why the Chinese government has refused to implement the most basic of safety measures in their mining operations?

Take, for instance, the most recent mining accident last month. While Chinese media was giving extensive coverage of the rescue efforts for the Chilean miners, they reportedly provided little coverage of the Chinese mining deaths:

Chinese media had very detailed coverage on the Chilean rescue, but information has been very limited on the Chinese mining accident.

msnbc.msn.com

80% of all mining deaths occur in China and they are almost entirely preventable.

That would keep me up at night.

And the entire reason I'm focusing on this topic is because I was discussing it with a guy today who is a miner. He has friends who are Mining inspectors who have traveled to China to convey our expertise and experience. His friends state that the Chinese managers just hold a "dog and pony show", and fail to implement what our experts have recommended.

The reason is that it's CHEAPER to pay out claims to the families of killed Chinese miners than it is to implement these basic safety regulations.

Mining is an inherently risky job. All kinds of things can go wrong. But when management fails to implement even 1970's level safeguards, it's INEXCUSABLE.

As for the destruction of the middle class, that derives from Marxist ideologies. They consider the middle class to be an enemy of the proletariat, due to it's influence over the lower class:

“The internal enemy” of the proletarian Russian Revolution is constituted first and foremost by the lower middle classes.....

....This lower middle-class — as “The Communist Manifesto” proclaims — “stands half-way between the proletariat and the capitalist class. Being a necessary complement of capitalist society, this class is constantly being reborn.”


marxists.org

Hawk



To: TobagoJack who wrote (68442)11/21/2010 1:58:58 AM
From: elmatador  Read Replies (1) | Respond to of 218030
 
No industry? No middle class. Pre-industrial era middle class were the small commerce owners, governmet bureaucrats and liberal professionals.
It was the raise of industry that create the huge middle class numbers.

Industry migrated. Middle dwindles.



To: TobagoJack who wrote (68442)11/21/2010 2:07:32 AM
From: elmatador  Read Replies (1) | Respond to of 218030
 
The Chinese Coal Monster - running out of puff
Message 26975642

May interest you.