Monday, June 22, 2015

middle-out economics

Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechanistic system and embraces the much more accurate idea of an economy as a complex ecosystem made up of real people who are dependent on one another.
 The above is a small excerpt from an interesting article entitled "The Pitchforks are Coming", written by a bona fide billionaire. He calls for a more equitable economic realm of human life.

the-pitchforks-are-coming-for-us-plutocrats

Later in the article, the zillionaire author (he refers to himself thusly) writes:

The oldest and most important conflict in human societies is the battle over the concentration of wealth and power. The folks like us at the top have always told those at the bottom that our respective positions are righteous and good for all. Historically, we called that divine right. Today we have trickle-down economics.
What nonsense this is. Am I really such a superior person? Do I belong at the center of the moral as well as economic universe? Do you?

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