The ruling plutocrats meet in Cabo to talk wealth: How to get more of it; How to hang on to it; How to concentrate it so, to make it less costly to defend.
Excluded from the talks are the '99%' who actually create that wealth, in part through their labor, but increasingly through consumption. The G-20 members understand that the 99% must have at least saomeaccess to the wealth otherwise they can't keep on buying the goods and servcices they built with their blood, sweat and boredom. Understand this: No one is a 'citizen' of anything anymore; 'citizens' once were the people who dealt out the hands that won the game.
But the game is over...
And the reality now is that people only have value as 'consumers'. Once a person's ability to consume the aforeementioned goods and services, that person's value is reduced to zero and he/she will inevitably beallowed to die - literally or figuratively, no matter; No money = no value = death.
But what about this: The G-20 are holding all the face cards at the moment. What they control is what has value. Growth is just another way of saying theat they are not satisfied yet: they want more. Meanwhile the 99% are struggling just to stand still. It isn't about 'growth'; it's about hanging on. But the human creature is resourceful if nothing else and people find ways to work around Wall Street. People generate their own energy, grow their own food, in some cases even crfereate their own economic systems. These activities befome their work. This is what Labor now looks like. And as anyone on Wall Street will gladly tell you, Labor makes Wealth. Because it is fundamentalkly Labor that creates value.
Let the Game Begin!
When value begins to accue to the new parallel alternative economies, they grow. And where there is value, there is wwealth.
The difference is that this new generation of wealth will look nothing like the armed and dangerous Old Wealth.
- KBOO