Sunday, August 29, 2010

Quick Quote Economics

The following quote is something to think about. Most of us are so "caught up" in our own lives, we never look at the big-picture-of-it-all to see how the powers-that-be manipulate us. Once a person becomes aware of the manipulation, he or she can then adjust and manipulate their lives accordingly.

Adam Smith surmised, and future theorists of the "dismal science" of economics confirmed it, that the free market required a pool of unemployed workers at the "bottom" of the economic scale in order to keep wages down.

I interpret this to mean that the larger the "bottom" class of people, the more rich the aristocrats are. Thus, eliminating the middle class and forcing a different economic system on the people. There is no longer a free market (capitalism) but a socialist one.

Soemthing to think about... when you listen to the evening news.... but more importantly.... something to think about when you vote this November!


Quote Source:
Clancy Martin & Robert C. Solomon; Above the Bottom Line; Wadsworth; Belmont, CA; 2004

1 comment:

Live Well, Laugh Often, Love Much said...

I couldn't agree with you more. Free markets also seem to release new and better ideas (enlightment) which results in economical growth and long term prosperity.