[FoRK] Wall Street Isn't Winning – It's Cheating

Stephen Williams sdw at lig.net
Thu Oct 27 17:34:56 PDT 2011

On 10/27/11 5:07 PM, Adam L Beberg wrote:
> Gregory Alan Bolcer wrote on 10/27/2011 1:28 PM:
>> http://www.youtube.com/watch?feature=player_embedded&v=jbkSRLYSojo
>> Rosling's Gapminder on the story of wealth and health in the past 200
>> years.  Somehow relevant to the arguments being made today.
> The OWS issues all lead back to the same thing - the game is rigged. People don't mind losing a game so much as long as it's fair.

Right, has to be fair in a fairly complete sense.

> Rosling is brilliant in his presentations, I've seen several of them.
> The closing line is half wrong tho. Wealth is a zero sum game, but health is not. Everyone can be healthy with minor effort, but 
> not everyone can be wealthy since luck and stupidity instantly concentrate and strip wealth. Ex: a poor person wins the lotto, and 
> be back to poor a few months later every single time. Sure the averages are rising, but that's meaningless.

Wealth is not zero sum.

> Nowhere is this clearer then California, where we're surrounded by rich people with deeply negative wealth living in vast 
> McMansions one paycheck away from being homeless. It's... bizarre.
> On another note, thank geeks for the web, otherwise noone would know about the marine that is now in a coma thanks to the Oakland 
> cops, who apparently can't tell the truth even after all the video. If things go sour and Scott Olsen goes martyr, all hell is 
> gonna be unleashed in Oakland and elsewhere, ala Mohamed Bouazizi. Looks like he's now in fair condition (surgery ahead), and the 
> 1% is safe another day - but maybe not another week. He may go iconic anyway from the looks of things, and they are planning a 
> march on the US embasy in Tahrir.

Interesting things said by interesting people these days.

Also, hopefully DC Park Police are giving advice to some of these cities.  They learned how to be low key while being effective to 
actual goals a long time ago.

> So much for it being different this time :( It's going down textbook, and I'm reasonably sure we're past the point of no return now.

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