Thom Hartmann: The Middle Class is Not "Normal"

[thomhartmann]

There’s nothing “normal” about having a middle class. Having a middle class is a choice that a society has to make, and it’s a choice we need to make again in this generation, if we want to stop the destruction of the remnants of the last generation's middle class. Despite what you might read in the Wall Street Journal or see on Fox News, capitalism is not an economic system that produces a middle class. In fact, if left to its own devices, capitalism tends towards vast levels of inequality and monopoly. The natural and most stable state of capitalism actually looks a lot like the Victorian England depicted in Charles Dickens’ novels.

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check www.thomhartmann.com/tv for local listings

[zeemike]

1. Once again Thom nails it.

It was a revolution by the 1% and they won... now there needs to be a counter revolution.

[colsohlibgal]

2. Bingo Thom

Capitalism unfettered has a few big winners and lots of big losers. At the top is a prevailing attitude of I have mine and the Hell with the have nots.

When companies like Verizon pay no income tax something is very wrong.

[Enthusiast]

3. What Thom says is true.

The average person in this country believes the middle class is just a standard feature or by-product of free market capitalism. Nothing could be further from the truth.