Re: FirstRateCrowd's EIRA

Posted: Mon Sep 03, 2018 6:15 pm, #11
by Doctor A
Income Inequality Is A Destroyer Of Civilizations. It Can Be Mitigated By Policy But Only Leveled By Upheaval. For This Reason Political Policy Will Not Stop Income And Economic Inequality But It Can Be Stopped With The Economic Inequality Rating App.

Many of us are politically active but that is not sufficient by itself to stop income and economic inequality. Economic inequality is an extremely powerful driving force that annihilates many of the gains produced by political policy. For all the energy and hope we exert politically, it is just not enough by itself to counter the negative outcomes generated by the wealthy elite. We keep slipping further and further behind.

The Economic Inequality Rating App is a new way to counter the impact of income and economic inequality that transcends the political process and its inability through policy to counter the ravaging impact of the wealthy elite's grip upon us.

Why you ask should we support First Rate Crowd's Economic Inequality Rating App?

The answer is based upon history.

Stanford Professor Walter Scheidel is quite frank when he writes about income inequality in his new book, "The Great Leveler."
"Income Inequality is a Destroyer of Civilizations"

The Professor says, "income inequality can be mitigated by policy, but is only leveled by upheaval - produced by war, state collapse, or revolution"
An interview with the professor by Jack Thomas, Published in The Intellectualist on May 12th, 2018 ... tions.html

But there is another way; it is a boycott as per First Rate Crowd's EIRA.

If you think there are not enough policy ideas out there to go around, and as the professor states, will only mitigate income inequality, here is a listing form the Washington Post, Wonkblog Analysis

How 12 experts would end inequality if they ran America
by Jeff Stein April 6, 2018 ... -america/?

Imagine if you had complete control of the U.S. government: What one thing would you do to reduce the country's staggering economic inequality?

I. Massive expansion of local housing stock (Will Wilkinson, Niskanen Center)
II. Universal access to child care, funded by a tax on capital (Heather Boushey, Washington Center for Equitable Growth)
III. Ship the 1 percent to Venezuela (David Azerrad, Heritage Foundation)
IV. A big boost to union rights, universal social wealth fund (Matt Bruenig, People's Policy Project)
V. Create a trust for every American baby (Darrick Hamilton, the New School)
VI. Pick up the antitrust stick and wield it (Marshall Steinbaum, Roosevelt Institute)
VII. Dramatically expand Social Security (Valerie Wilson, Economic Policy Institute);
VIII. Give every American a federal savings account (Ernie Tedeschi, former Treasury economist)
IX. Rein in Wall Street, crack down on white-collar crime (Stephanie Kelton, Stony Brook University)
X. A national infrastructure program, funded by the 1 percent (Robert Frank, Cornell University)
XI. Get government out of the way, repeal rules and regulations (Grover Norquist, Americans for Tax Reform)
XII. A federal tax credit for first-time home buyers (Signe-Mary McKernan, Urban Institute)
The other ways to remedy the situation, through war, disease, state collapse, or revolution, are quite unpalatable.

As professor Walter Scheidel points our,
"Are mass violence and catastrophes the only forces that can seriously decrease economic inequality?"

"To judge by thousands of years of history, the answer is yes. Tracing the global history of inequality from the Stone Age to today, Walter Scheidel shows that inequality never dies peacefully. Inequality declines when carnage and disaster strike and increases when peace and stability return. The Great Leveler is the first book to chart the crucial role of violent shocks in reducing inequality over the full sweep of human history around the world."

"Ever since humans began to farm, herd livestock, and pass on their assets to future generations, economic inequality has been a defining feature of civilization. Over thousands of years, only violent events have significantly lessened inequality. The "Four Horsemen" of leveling—mass-mobilization warfare, transformative revolutions, state collapse, and catastrophic plagues—have repeatedly destroyed the fortunes of the rich. Scheidel identifies and examines these processes, from the crises of the earliest civilizations to the cataclysmic world wars and communist revolutions of the twentieth century. Today, the violence that reduced inequality in the past seems to have diminished, and that is a good thing. But it casts serious doubt on the prospects for a more equal future. An essential contribution to the debate about inequality, The Great Leveler provides important new insights about why inequality is so persistent—and why it is unlikely to decline anytime soon."
Certainly the time for action is now with the Economic Inequality Rating App. Sitting on the sidelines is no longer an option.

A Guardian article by Michael Savage, April 7th, 2018 indicates the trajectory we are currently on with the headline, "Richest 1% on target to own two-thirds of all wealth by 2030" ... point-2030

I also like what Jessica said in her post #10 under the Community Business Venture when she responded as to why the EIRA is so important?
So there you have it, the age old process of the rich using their power to become even richer while cementing their control over the rest of us for their own benefit. This in their minds is inevitable and they act as if it is their ordained privilege.

I for one do not agree. It is neither inevitable nor ordained. Rather it is a manufactured situation and anything manufactured is not guaranteed to last if we are willing to do something about it.

Let us not forget what this evil can do to us. We need only to look to our future as a reflection of our not so distant past.
“This work was strictly voluntary, but any animal who absented himself from it would have his rations reduced by half.”
― George Orwell, Animal Farm

“If you want a picture of the future, imagine a boot stamping on a human face—for ever.”
― George Orwell, 1984

Although the possible horrors of the George Orwell books were written in the past, they are a prescient reminder of what will happen to the face of humanity should we not act. This is why I became an active member of First Rate Crowd and support the Community Business Venture. It is my way to guard against repeating the atrocities of the past and my bridge to a brighter future. Without hesitation I say what happens on this website is consequential. We are at the precipice and will lose the fight against this cruel tyranny unless action is taken. Donald Trump is the face of this tyranny. It is important we come together as a community to stop him now.