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The Lie of Scarcity
And How It Oppresses Us
Capitalism and the American government would have you believe there’s not enough wealth to go around. For example, we’re told a universal basic income is impossible because (1) it’s too expensive, and (2) it won’t work.
I suspect what’s really meant is “Poor people need to bootstrap themselves.” But how can they, when so much wealth is hoarded?
We’re told that businesses are more important than people every day, like when Amazon’s Whole Foods cut access to health care benefits for part-time employees “in order to better meet the needs of our business.” And those benefits had to be purchased by the employees.
In fact, there’s plenty of basic resources for everyone. Most of the U.S.A.’s wealth is hoarded by a tiny group of people, mostly white men.
This is over $900 billion dollars in personal wealth. No family or individual needs even 1% of the kind of money these billionaires possess.
But that $900 billion is just the very top tier of the ultra high net worth (UHNW) wealthy. In addition to these fifteen, more than 20,000 other people posses enough wealth to require a dedicated office staff to…
