Saturday, December 12, 2009

Related to Foreclosure Problem: Posted to Michael Moore 12/12/09

Here's a huge part of the problem. Some people make the majority or more of their income off of ownership "dividends". Can't say how many of them are greedy and how many are just getting by, themselves.

Certainly, it would be easier to work with those who only make a small part of their income from economic rents (i.e. mortgages, rental collections stock dividends, equity trading, etc.). One can hope that those who are greedy can and will forego their greed and release their competitive advantage grip, but it almost goes without "saying" that they would be more problematic to a cooperative world.

Those who are just getting by (in a humble manner) with such incomes could perhaps be more easily persuaded to join the work force, especially if job training were made available to them.

Anyway, given the "invisible handed" practice of Capitalism, we are unjustly finding ourselves at the mercy of the unscrupulous, the evasive, the uncaring, and the irresponsible.

Some talk and write about Revolution, but it would be a whole lot easier to overthrow the government(s) than it would be to realize any real economic gain, especially a sustainable cooperative scenario, with violence.

In Peace, Friendship, Community, Cooperation, and Solidarity,

Mike Morin
Peoples' Equity Union
Eugene, OR

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