”In this age of fake egalitarianism where billionaires wear T-shirts or suits without ties, I know you won’t mind me calling you by your first name.” This is a journalist I read (I won’t use the ‘R’ word). He, above most journalists, have a real touch on what is going on in the world and not just business. This also adds a comment to a recent posting here about the upper 1%. If you don’t read the article here is another great excerpt. ”We don’t do great things anymore. We cut, privatize, kill visionary projects and shred the safety net. All in the service of tax cuts for the wealthy, poisonous “conservative” and libertarian ideologies and letting Wall Street loot the wealth it took more than a century to create. Endless wars don’t help.” “Addressing the existential threat of climate change, a “goal (that) will serve to organize and measure the best of our energies and skills,” to use JFK’s words, is beyond us. Easier to keep drilling, fracking and burning” wow.
You have a solid point, and additionally, plundering resources is not sustainable in the long run, either.
Our economic base is dependent on the natural resources. That is the principle. Prime rule is to be living on the interest. We are dipping deeply into the principle and woe to the future generations. I see people having kids and really feel sorry for what they will have for a future.
Yes, you are right. Additionally again, our population is too large, and there are too many idiots who are over-consuming which makes it worse.