[QUOTE=IronYoshi;2658388]Phrost, if you are the same guy that occasionally posted at JREF, weren’t you a libertarian at some point? If so, this is quite a change for you, and not a great one.
Nobody has a problem with income disparity when the economy is doing well. How to get the economy back to its former glory? Don’t start lynching the 1%, for starters.
Also, your conflation of the Middle Eastern rebellions with Occupy Wall Street is sloppy as hell.[/QUOTE]
Still a quasi-sorta-not-a-big-fan-of-labels-small-L-libertarian. My referencing the income disparity, 1%, etc., wasn’t in any way rendering an opinion on any political ideology, much less implying that I support wealth redistribution. I was simply pointing out that if that disparity continues to grow, people really will be progressively more active, and progressively more outraged.
An unemployed, hungry man is dangerous to any regime. And I disagree with you that there’s no connection between the Arab Spring and OWS. Specifically because AdBusters, the group that initiated the OWS movement, has said they were influenced by the uprisings in the middle east and are taking cues from them.
Again, I’m not rendering a judgment on capitalism vs. socialism in this piece. But if you want my personal views, I am a fervent capitalist, but an equally fervent anti-corporatist. I want to see the corrupted, captured regulatory agencies dismantled. Monsanto executives should not be working at the FDA. The FTC should not be populated by former and future Goldman Sachs lobbyists. And so on.
But the salient point here is that people are only going to continue getting more angry, and if 1%ers like the subject of this article don’t tone down their “let them eat cake” antics, it’s very likely that guillotines will eventually be going up. Ideology doesn’t play into it, just reality.