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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-06-11 12:12 PM
Original message
Citigroup - Threats to the Plutonomy
http://www.scribd.com/doc/6674234/Citigroup-Oct-16-2005-Plutonomy-Report-Part-1


Is the WI protest what the Citibank Plutocracy memo warned about?
The memo identifies a few threats to the plutonomy. One of them is social backlash - the lower and middle class may revolt if they figure out that there really is no way to the top. (p25)
http://answers.yahoo.com/question/index?qid=20110222165341AAlOahR
--------------
Tax the rich or meet the Middle and working classes in the streets.
The chickens have come home to roost
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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-06-11 12:19 PM
Response to Original message
1. Pluto
Great name, Lord of Hades.

To the plutocrats: plutocracy is plutonium for democracy -- and the middle class. As they have no property, the poor don't exist in their dead universe.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-06-11 12:25 PM
Response to Reply #1
3. I remember when Michael Parenti's text book
Democracy for the Few was considered radical by many -now it's a mainstream textbook.
Damn he was light years ahead of most folks.



http://www.michaelparenti.org/DemocracyForFew.html
<snip>
“…The Parenti text challenges students, perhaps for the first time, to critically assess the dominant pluralist paradigm; that it invites students to consider the ubiquity of politics in their lives; that they confront the struggle and inevitable conflict between democracy and capitalism, which is usually ignored.” —Christopher A. Leu, California State University, Northridge

“Years after they read it, some students have remarked that it was the most important book they’ve read in college.” —Michelle Brophy-Baermann, University of Wisconsin, Stevens Pt.

“Parenti is more readable than Noam Chomsky, and more serious than Michael Moore.” —Richard Stahler-Sholk, Eastern Michigan University
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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-06-11 12:35 PM
Response to Reply #3
4. Thank you, malaise. Michael Parenti is TOPS!
Very much appreciate the guy. I've been recommending him to everyone who'll listen.

Last weekend, I painted the master bedroom, the biggest room in the mansion. Lots of walls, windows, closets, doors. Normally, a ton of booooring work. I found Michael Parenti on YouTube. The time flew by. Room came out OK -- a Wedgewood shade of blue.

Here's a Parenti lecture every Democrat and person who believes in democracy should hear: The Gangster Nature of the State.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-06-11 12:37 PM
Response to Reply #4
5. That's one great lecture
I've been hooked on Parenti for decades
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Starry Messenger Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-06-11 12:20 PM
Response to Original message
2. k&r
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