In Quillette, Joel Kotkin writes,
In the United States, the Democrats have become almost indistinguishable from the big Wall Street firms and tech oligarchies, mainstream media, and other wealthy elites. Democrats once ruled mining and manufacturing towns; today, they represent 41 of the 50 wealthiest Congressional districts. The Republican Party, meanwhile, has evolved from the country club Wall Street party into one reliant on white working-class voters, and increasingly minorities, like Latinos, who appreciate that Trump delivered the first real income gains in a generation.
None of this is far-fetched, as we can see by the growing acceptance of stimulus transfer payments in both the United States and Europe. Yet, over time, as families become more dependent on government transfers, they may choose to confiscate the wealth of the uber-rich. Great inequality, Adam Smith suggested, naturally leads the poor to “invade” the “possessions of the rich.22 Some on the Left already propose using the riches of the oligarchy to fund a “fully automated luxury communism,” a kind of technologically enabled collectivist paradise. Given the history of utopian musings like these over the past century, they should be feared. But compared to growing inequality and dismal prospects for most, such a radical approach could still become surprisingly attractive.
Read more here: https://quillette.com/2021/04/07/what-happened-to-social-democracy/
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video)