Gross Wealth Inequality and the Character of Political Economic System (09/20/21) (Part 1/2)
Bringing Light Into Darkness - News & AnalysisOctober 07, 202100:17:3628.2 MB

Gross Wealth Inequality and the Character of Political Economic System (09/20/21) (Part 1/2)

The Hidden Truths of Gross Wealth Inequality Reveals the Character of a Political Economic System – Membership Drive Pedro Gatos and guest Undercover Greg Ciotti discuss this story that is hidden from the US public and is never pursued by MSM, namely Wealth Inequality as the central theme of this KOOP Membership Drive BLID show. We cite a number of sources including a Oxfam1/20/20 report entitled Time To Care. It focuses on the impact that unpaid and underpaid care work has on the prospects and livelihoods of women and girls across the world and how that’s driving growing inequality. The Oxfam report reveals shocking inequalities. The richest 1% in the world have more than double the wealth of 6.9 billion people. Among that 1% are the world’s 2,153 billionaires, who in 2019 had more wealth than 4.6 billion people. Women and girls put in 12.5 billion hours of unpaid work every day. Women’s unpaid care work has a monetary value of $10.8 trillion a year, and simply taxing an extra 0.5% of the wealth of the richest 1% could help massively. What was the purpose in creating BLID? A passion to address the understanding that nearly all human misery is created by human behavior rather than by natural disasters. Meanwhile gross wealth inequality has created immense human misery. BLID primary focus is on US foreign policy issues and their impact on majority population interests in those countries we intervene in. The darkness is the informational prejudice presented by our MSM which is a connected theme. Namely that the media serve, and as we document in the show are owned by a minority interest. “Why would they be invested in trying to solve the riddle of eliminating ‘human created misery’ when their job is really to obfuscate the important issues we are talking about, including wealth disparity?” Herbert Marcuse described this informational prejudice as a ‘closed universe of discourse’ which essentially disallows dissent form the dominant narratives protecting the wealth disparity and forces responsible for the lion’s share of human misery. Moreover, when you look at since January 2020 when Covid pandemic hit the USA what has transpired? Have the needs of the most vulnerable been protected? No, instead the 600 plus billionaires have seen their wealth climb to some 4.2T a 44% increase in one year. Meanwhile 40 million people filed for unemployment during the pandemic. Business Insider in a separate piece 7/28/20 explained how billionaires got 637B richer during the pandemic. The same transfer of wealth to the richest .01% occurred in the housing bubble burst, the 2007 recession. This is the nature and, by definition, the character of an inhumane system we have been acculturated to defend as a democracy! Pedro shares an important analogy between the emotionally dysfunctional provoking distress buttons in the psyche of both, members of families that have lived within the trauma and distress that is often experienced in families dealing with an untreated chemically dependent family member and a similar irrationality instilled by US government and media driven mantras that lack evidence but through mere repetition of empty allegations teach us to accept them as (false) truths. Pgatos pgatos00@gmail.com 9/20/2021