General Discussion
In reply to the discussion: The 1% is Hogging So Much of Our Income That It’s Holding the Economy Back [View all]AdHocSolver
(2,561 posts)The underlying assumption is that the 1 percent just don't understand what they are doing to the economy.
If the 1 percent would only understand that they are hurting the middle class and that this will negatively affect them in the long run, then they would stop hoarding assets, stop outsourcing jobs, raise the minimum wage, pay their fair share of taxes and invest in infrastructure and education. This is wishful thinking, and if left to the "good will" of the 1 percent, it will never happen.
The preponderance of evidence indicates that the 1 percent know exactly what they are doing, and they are working diligently to bring about the worst case scenario for the middle class.
Why? Because a large, well-educated, and politically active middle class is necessary to a democracy, and the surest way to bring about a dictatorship is to destroy the middle class.
The war on the middle class is not about increasing wealth, it is all about establishing absolute power.