The middle class is being systematically wiped out of existence in the United States today. America is a nation with a very tiny elite that is rapidly becoming increasingly wealthy while everyone else is becoming poorer. So why is this happening? Well, it is actually very simple. Our institutions are designed to concentrate wealth in the hands of a very limited number of people. Throughout human history, almost all societies that have had a big centralized government have also had a very high concentration of wealth in the hands of the elite. Throughout human history, almost all societies that have allowed big business or big corporations to dominate the economy have also had a very high concentration of wealth in the hands of the elite. Well, the United States has allowed both big government and big corporations to grow wildly out of control. Those were huge mistakes. Our founding fathers attempted to establish a nation where the federal government would be greatly limited and where corporations would be greatly restricted. Unfortunately, we have turned our backs on those principles and now we are paying the price.
When you have great concentrations of wealth and power, the economic rewards of a society tend to go to just a few.
In the United States today, big businesses and wealthy individuals fund the campaigns of our politicians, and in turn our politicians pass laws which rig the game in their favor. It is a symbiotic relationship which is very bad for America.
Sadly, most conservatives tend to cheer on the big corporations, but this is not how our founding fathers envisioned our capitalist system working. Our founding fathers envisioned large numbers of similar companies competing against one another for customers. They did not envision a very small number of giant corporations buying up all of their competitors or smashing them into oblivion with their giant piles of money.
Read the entire article and see the list HERE.