Coping with economic inequalities

Economic inequalities continue to be a hot issue and will probably do so for some time to come.

Inequalities have been a part of the human experience for a long time, probably since people started farming and produced an agricultural surplus.

There are people who aspire to be richer than others and some of them will use any means to get there.  This too has probably been the case for millenia.  In medieval Europe there were three classes of people – those who prayed, those who fought and those who worked to support the first two.

Prior to the industrial revolution the main method of  exploitation involved force – armies and invasions, goon squads to enforce taxation.

With the industrial revolution two things changed.  There became available easier and less violent ways to acquire riches.  Governments passed legislation which restricted competition and allowed some people to become rich.  And, increased production allowed a larger surplus which could be shared  especially as the supply of labor relative to demand gave the 99 per cent some bargaining power.

Now that the economy is going down the 99 per cent are losing some of their bargaining power and inequalities are becoming more of an issue.

Is there a way to change the world so that there can be more equality.  The problem with revolutions is that they just allow new faces into the one percent.

The following prayer hangs on the wall by our kitchen table although in this case I find I am lacking in wisdom.

God grant me the Serenity to accept the things I cannot change

Courage to change the things I can …

and Wisdom to know the difference


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