The 1% won't get far in this century if they don't realize it's not them the world need but those labourers who are also the consumers that they need increase their income/spending power to create new markets and economy. The vocal lower half in developed countries are already voicing out strongly self interest but its the millions in developing or third world countries facing daily starvation, slavery, poor living conditions that deserve real sympathy. Even those living off the grid how many can 100% confident determine that every food, products they use or wear does not involve people living less than $2 a day as part of the labor.
I agree that the 1% is reckless, but the problem is not with them. Its with the system and how it's setup.
The moment you cant reason with humans, that moment you have lost the rational debate. You can sit down and reason with any hedge fund manager. But how do you sit down and reason with masses of poor people who are filled with anger and envy toward the rich. They would easily become hotheaded and start to initiate violence.
It's not like you can explain to people why minimum wage doesn't work, and why taxes are making everyone poorer. They just want to feed their family and dont care about a rational economic discussion.
This is the problem, this is the entire problem. This is why demagogues rise to power, they controll the masses , not through rational arguments, but through incitement to violence.
Hitler, Lenin, all of them, have played the masses through emotional manipulation. And how do you propose to solve the problem when these people can't be reasoned with?
It's like trying to reason with an angry bull that is charging toward you. How?
RE: Socialism will Never Work