Ashamed America and Corrupt Liberal Democracy

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Ashamed America and Corrupt Liberal Democracy

You don’t need to be a professional expert or shrewd politician to know that US democracy, and liberal democracy in general, serves capitalists and not the other way around. The main responsibility of people representatives in any healthy democracy is to discover, protect and promote the interests of the people and the nation at large.

Look at the following graph which was issued by Alan De Smet based on “Table F-1. Income Limits for Each Fifth and Top 5 Percent of Families (All Races): 1947 to 2007”, U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplements, as found at http://www.census.gov/hhes/www/income/histinc/f01AR.html. The original data at U.S. Census Bureau is unfortunately inaccessible now but there is a backup copy .

Income inequality in the United States

This graph shows the income of the given percentiles from 1947 to 2007, in 2007 dollars. It illustrates income inequality in the United States.

The graph indicates clearly that the richest 5% of the US population is getting richer at a steady rocket speed since 1950 and until 2010, while the poorest 5% are at flat income during the same period. Anybody should ask where the so-called trickle-down effect of capitalism is.

At Wikipedia you will find a very important post stating the following:

[Data from the United States Department of Commerce and Internal Revenue Service indicate that income inequality has been increasing since the 1970s, whereas it had been declining during the mid-20^th century.  As of 2006, the United States had one of the highest levels of income inequality, as measured through the Gini index, among high income countries, comparable to that of some middle income countries such as Russia or Turkey, being one of only a few developed countries where inequality has increased since 1980.

Alan Greenspan stated before Congress in 2005:

As I’ve often said, this is not the type of thing which a democratic society – a capitalist democratic society – can really accept without addressing.]

Can anybody say that the US political democratic system is functioning properly? My answer is a big NO.

Therefore, the causes and demands of Occupy Wall Street movement are legitimate and just; especially, forming a presidential commission to separate money from politics.