Global inequality is on the rise (part1)steemCreated with Sketch.

in #busy5 years ago

Capitalism produces and reproduces inequality. There's a number of ways to say this. I hope most of you already know this. You can see it in your community or in your family or in your country.

Few years ago an economist named Thomas Piketty.... (he works in Paris, although he works with a colleague at Berkeley and together they have the best website for understanding wealth and inequality - every economist uses it) ....Thomas Piketty wrote a book called "Capital in the 21st century" and 600 pages showing you how and why, in every place where the capitalist system settled - starting in 18th century England spreading to Europe and the rest of the world- it produced as a tendency.

It was ever-worsening inequality. The only reason that wasn't a straight line, is that periodically people reacted against the level of inequality, rose up and stopped it. And sometimes even reversed it. And it lasted a while until it faded out. And the underlying growth of capitalism reproduced the inequality - again.

French revolution in 18th century

After the French revolution in 18th century, when people wanted to get rid of feudalism, they had their slogan. They wanted to meet liberty, equality, and brotherhood. That happened everywhere. Even in US and Western Europe (in that time)...and later all around the world. But did they? Promise of capitalism to deliver equality was never delivered. We have been betrayed by capitalism. We have never gotten the equality. I'll leave you to decide whether you got liberty. And brotherhood? It is like an unknown concept in most western countries.

What about work and democracy?

Over the best hours of the day, that eight hours of the day, five out of the seven days of the week somebody tells you :
-where to stand
-where to sit
-what to do with what equipment
-in what way for how long
.....and at the end of the day when you've poured your brains and muscles into producing something, you're told to go home and leave what you produced there. And if you take it with you, people in blue uniforms come to your house and they hurt you! Which is why you don't take anything except the occasional stapler. There's no democracy in the workplace in capitalism. There never was. In fact....what is the difference between feudalism and capitalism on working place? Think about that.

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