I've never done this before but if you want to watch the video to which I will immediately refer, go to almost the end of this post.
If the guy who seems to have trouble looking at Anna Bocca can be believed... Mate, look at her! She's young but not airhead, non-contributing, dependent-type young, she's hot but not Chekhovian cheat-on-your-husband-but-don't-divorce-him, predatory hot, she's brainy, and oh yeah, by the way, English accent? No? I'd be looking at her. Anyhoo, if the guy who has been researching wealth inequality for 15 years knows what he's talking about... and good for Anna! This is why her vids are so informative I guess and why I have learned a lot from them, trust her, and have put her on this blog before: she is brilliant at finding answers. Not data, not biased opinion, but the unvarnished truth. It's hard to get from people with political, social, or professional associations that would cause them to "varnish" the truth, so find a broke-ass intellectual who has the money to survive (maybe student loans or parental support?) and the non-affiliation to be objective. That's how this dude strikes me: he's a starving student. Maybe he's not looking at Anna cuz he doesn't have the dough to take her round to the pub. Maybe he's got a mid-term exam tomorrow and even this interview is going to necessitate an all-night cram session. But I could be wrong. What do I know? Maybe he works for GE, but I think he'd look more in his element wearing his little toque aboard the Rainbow Warrior saving whales than in a business suit and that's why Anna rode her bike over to visit him. Rode her bike. Man I love this girl!
At any rate, if this guy knows his stuff, things were unequal, then there was a short period of what seemed to be experimentation during which the royalty, robber barons, elite, less-than-one-percent, puppet masters, call them what you will, allowed a middle class to form and the gap between the few Haves and the unwashed masses of Have-nots to close a little bit. In my previous post I speculated that gratitude might have played a part in this experimentation since it happened on the heels of two world wars in which those unwashed masses saved their owners' businesses and countries in which and with which to do their businesses, but that's just me humanizing their patrician indifference to help myself try to relate to the money sickness a little better. In reality it might have just been coincidence.
They pinpoint the start of these "golden years of capitalism" to the Bretton Woods Conference from July 1st (hey, Canada Day) to July 22nd in 1944. Much like golf rules and Bill 66 (see previous post) a LOT of things were decided for (not by) the people of the world and they were blissfully ignorant of how (disastrously) they would be affected by these new RULES. To the victor go the spoils and you can bet the American influence on victory in WWII played no small role in all these new rules heavily favouring the U.S. In fact it'd be a safe bet that a lot of this stuff was negotiated BEFORE the US entered WWII. Just look at the economic conditions that allowed the US to fight. World war is expensive. War bonds were issued, prices were controlled, and things were rationed. Regular folks made sacrifices. The Fed set interest rates low, like 3/8 of a percent, and, as mentioned by our expert, top rates of tax on the rich were up to 90 or 95%. Then after winning the war the US brought the gold standard to the world linking all money to the dollar, they thrust the IMF and the World Bank (and, if I'm not mistaken, this is what coaxed the rest of the allied countries into the central banking systems they all currently have), and true Keynesian economics were employed. What do you know? The Golden Years! 1945-1973.
People could buy a house with 2 years' salary! Labour unions were strong (and less corrupt). The economic system, banks, investments, the stock market, corporations, these were all tightly regulated by government (which was less corrupt) and the IMF/World Bank (which was less corrupt). So what happened in 1973? In a word, corruption. In two words, Reagan and Thatcher.
It didn't JUST happen like that of course. Greed didn't just disappear for 25 years. Things were happening in the US like the Vietnam War, less competitive prices, and the soap opera saga of world oil supplies that disrupted the US gold standard and blew up the Bretton Woods economic bliss. Interest rates went up, taxes on the rich went down, unions were demonized, and along with oil, absolutely everything got much more expensive. Yeah... just like today, they had (carefully manufactured in my opinion) massive inflation. Since unemployment went up and wages stagnated, it wasn't just inflation, it was STAGflation.
Now, here's where we want to start asking about the RULES again. Where do they come from, who makes them, and, as they ask in the vid, why do we even play this game? Why do we put up with unpaid overtime (again see last post), rising costs, shittier jobs featuring more work for less pay? How did we get sucked into playing this game and who sucked us in? Meanwhile, businesses have had sustained record profits since the early 70's while us regular folks have been losing at this game. In short, there's more money out there and we're getting less of it. Are we just not working hard enough? Are we just not smart enough? Are we getting outwitted, outlasted, outplayed? Nope, we're getting fucked.
If you're now thinking, "There he is again, conspiracy theorist Dave," it's because you've been carefully and expensively socialized into thinking that. The "game" to which I'm referring is Capitalism if you haven't worked that out yet. We have known that this game or system does not work for quite some time. The utter failure of the system exhibited itself in the Great Depression that gripped most of the world in the 1930's and partially led to WWII. We have known of a way to win this game for quite some time too: socialism. But, as its name might suggest, that is only good for society, which is not good enough for the rich, and since they are the ones making the rules, we have to play by them if we want to play their game. Why oh why we would want to I just don't know but here we are.
Lest we forget, FDR implemented programs like unemployment insurance, social security, labour protections, market and bank regulation (or RE-regulation), and other such socialist policies to save America from capitalism just before WWII. I.e., the government, not the "free market" or the private sector, had pulled America's asses out of the Depression. As America goes, so go most other allied countries, so really THAT'S when we all started playing the people's game, and it was a fun 40-year long game for the people until the early 70's when the rich flipped the table and said, "We're not playing this game any more. Even though we're having fun and we like the game, we have a better game." Better only for them as it turned out.
So... how did the rich convince us to go back to playing their game? They flat out lied to us. We just covered how it was government that saved the people from the Great Depression. Then government regulation carried the people through the best years of their lives. People trusted, even LOVED the government! FDR got elected 4 times! But the Reagan and Thatcher administrations had the job of painting government as "the problem, not the solution." That, as you might expect, took some doing.
This is when a bloody well organized propaganda campaign to bring back capitalism and funnel the money that had leaked into the public back to the top where it belonged began and the wealth gap re-widened with it. Not surprisingly, Big Oil were leading the campaign with J. Howard Pew characterizing the New Deal as a Trojan Horse for socialism, which it totally was, and that would be a BAD thing once "socialism" became a scare word. Newspapers became unsourced propaganda filled rags poisoning the minds of the electorate against the government that had given them the best years of their lives and in favour of the corporations that had led them into the Depression. How did they do it?
Rugged individualism, competition, anti-communist thought, scapegoating, blacklisting, oh yeah, it got UGLY! It wasn't just the newspapers, it got into the movies too. The message that regulating the "free market" was absolutely unconstitutional and unamerican was at the heart of most of the rhetoric. The result was socialism and/or communism and both were evil. The very American prosperity gospel replaced the Biblical idea that chasing money is NOT a virtue. It is fascinating how THAT scam was perpetrated on the American people! Anna does a great video on that too called The Big Church Grift. "If you want to be perfect sell all your possessions and give the money to the poor." Matthew 20:21. Jesus said that. Christ. I guess the verse the prosperity gospel considers to trump that is, "Nobody's perfect." Fakeziah 6:66. (The use of the word "trump" is no coincidence there. heh heh)
Corrupting religion to make Jesus into an entrepreneurial spirit rather than a loving one was bad. You might even say it was evil. But I think what was done to corrupt education was probably worse. Maybe it's my natural progression in life through religion to education that makes me feel this way, maybe it's faith vs. fact, I dunno, but it just seems diabolical to me. You see, much like pastors were paid to link money to virtue and God, academics were paid to write false studies and coerced into fudging textbooks and corrupting general education along those same lines. Howard Zinn's A People's History of the US contains the Haymarket Affair and the heroic efforts of Americans in America to oppose industry and demand human rights. There's even a song! This is why it isn't used much in American classrooms. They have been controlled for over a century by the powerful corporate lobby that fondly reflects on the days when kids could work in factories for long hours with no overtime pay, no benefits, no minimum wage, and no safety regulations as soon as they were tall enough to reach the machine controls. Educating the public on the heroism of citizens who opposed such conditions and fought for human dignity just didn't fit into the aspirations of the ruling class. So they changed education. Just changed it.
You may wonder, "Well, how the hell could they just do that? Knowledge is knowledge, no?" Unbelievably, the corporate lobbyists and think tanks of the day just took people who had spent lifetimes proving that capitalism has inherent problems - like it doesn't fucking work! Markets don't correct themselves and businessmen just connive to take as much money from the poor as they can. They took guys like John Maynard Keynes and Adam Smith and just lied about them! I'm not making this up! Anna Bocca is an economics student and I know several more who rant and rave about how Keynes and Smith are purposely misrepresented. People sympathetic to the cause of corporate (bullshit) economics were hired to teach and fund major university economics programs despite their academic WRONGNESS. This happened only because the lobby had the money to make it happen. Like politics, education had been watered down by money. Anna's video about this is very long but very informative. Check it out.
One of the major bought and paid for quasi-economists was a name that might be more well known: Milton Friedman. Capitalism and Freedom was his highly biased pulp fiction on economics.
So by buying people, schools, media, churches, and (Reagan/Thatcher) government, the rich ended their experiment with surrendering a little bit of money to the other 99 point whatever percent of the world and decided to take it back. If you want to learn about the aggressive expansion of the American Chamber of Commerce and the loads of cash they poured into buying politics in the early 70's, here's the link to the video I referenced at the very beginning.
Sorry about the ads within but I think they're worth it. Not the ones from YouTube but Anne's sponsors.
So there you have it. This is how we got sucked into playing the game of the (less than) 1%. In the end it boils down to money. Money made it happen and to truly understand how bad it is, you need to not have very much of it. To understand how those with money always end up being the ones in control boggles many a great mind.
"The most improper job of any man, even saints, is bossing other men. Not one in a million is fit for it, and least of all those who seek the opportunity." J.R.R. Tolkien
It seems to me that a guy could do worse than adopting the philosophy that the amount of trust you should put into a person is directly disproportionate to the amount of money that person has. So going back to the beginning, I truly hope that the guy Anne consulted was as poor as he looked and I hope Anne does well enough with her sponsors to keep producing such informative videos... but just barely well enough. Stay strong and stay poor Anne!

























