Dec 1, 20207 min read

Vampire Capitalism Part Two: The Living Dead

Updated: Oct 6, 2021

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The Living Dead - Social Mobility in the United States

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The above is an infographic conveying the results of research into social mobility in the United States by Raj Chetty. It reveals that the probability of children attaining a higher income than their parents has dropped dramatically in the United State from more than 90% for children born in 1940 to 50% for children born in the 1980s.

The fact is that social mobility in the United States is a myth. The United States has less social mobility than any other developed country in the world except the United Kingdom and Italy who are close behind us. The countries with more social mobility include Demark, Australia, Norway, Finland, Canada, Sweden, Germany, Spain, France, Japan, New Zealand, Singapore, and even Pakistan. (Noah) I repeat...

Social Mobility in America is a Myth!

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Income Inequality in the United States

The United States not only has the lowest level of social mobility in the industrial world. It has the highest levels of income inequality. The poorest fifth of our population enjoy only 3.4% of the national income, while the richest fifth enjoy 50.3%

Another way of saying it is that the richest 20% of the population in the United States has as much income as the remaining 80% of the population, and over the last 10 years 80% of the increase in income in the United States have gone to the top 20%. Or in other words, if we were to create a scale where the height of a man is calculated based on the average income of $55,000 and the person with that income was 6 foot tall, the poorest 8 million people with an income of $9,000 dollars or less would be 1 foot tall, and the richest few with an income of $4.5 billion would be 90 miles high, higher than Mt. Everest!

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The chart below demonstrates that not only does the United States suffer from gross income inequality, but it also has the highest levels of income inequality in the industrial world.

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Wealth Inequality in the United States

For our purposes, in economic terms, when we refer to wealth, we are referring to net worth or the value or the value of assets owned minus the value of liabilities owed at a point in time. Assets refer to personal property such as your home and automobile less what you owe on them as well as monetary savings and capital wealth such as real estate, stocks, bonds, and the net worth of any business you may own etc.

As of 2013, the top 1% (upper class) of households owned 36.1% of all the privately held wealth, and the next 19% (the managerial, professional, and small business stratum) owned 52% of all the privately held wealth, which means that just 20% of the people in the United States own an astounding 89% of all privately held wealth in the nation leaving 11% of the wealth for the bottom 80% who live pay check to pay check.

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Very few Americans know that we have the highest levels of income and wealth inequality of all developed countries in the world, and, at the same time, have the lowest levels of social mobility. Very few Americans know that 10% of the American people own this country. For example, a study by (Norton and Arealy 2010) reveals that Americans have no idea how much wealth is concentrated on the top. When they were shown three pie charts that represented three different distributions of wealth, 90 % or more of the 5,522 respondents -whatever their gender, age, income level, or party affiliation - thought that wealth distribution in the United States most resembles the pie chart in with the top 20% has about 60% of the wealth where, in fact, the top 20% control 80% of the wealth. Americans for all walks of life were also united in their vision of what the "ideal" wealth distribution would be, one in which the top 20% owned between 30 and 40% of the privately held wealth which is radically different than the 89% that the top 29% actually own. The American people are far more equitable in their vision of America than the Madison Avenue vision of an acquisitive society would lead us to believe. Below is an chart illustrating the discrepencies.

We Need to Wake Up!

We have no job security, nor can we look forward to a day that we can retire and reap the benefits of a life of hard work. Pensions are something of the past for most Americans. Our saving and social security are inadequate and our children face a life of work until they die, while at the same time, we see a partnership of state capitalism and neo-fascism, a marriage in hell characterized by (1) a contempt for democracy, (2) a glorification of the nation-state and imperial wars, (3) a perverted sense of manhood and a twisted concept of Social Darwinism that takes pleasure in inflicting pain and suffering on the innocent, (4) a regression into primitive forms of tribalism, racism, and brutality, (5) and an amoral economic system where it is a virtue to take more than you give. The results are staggering when we view it from the perspective of American history and what we have fought and died for.

We Lost the American Revolution

"The price of liberty is eternal vigilance," those words by Thomas Jefferson ring true today probably more than they ever have since our first revolutionary war because with the elimination of estate taxes, the creation of "dynasty trusts", and the accumulation of vast amounts of wealth and power in the hands of a few, we have lost the American Revolutionary War that we fought in 1775 against the oppression of a privileged aristocracy and the corporations that owned America as a franchise from the king, and with the rise of racism and neo-fascism in America, we have lost the American Civil War and the Second World War.

I repeat...

We have not only lost the American Revolution, but we have also lost the American Civil War, and the Second World War!

Where are the Americans who fought and died by the millions throughout our history, throughout the world believing that they fought for democracy, a nation of the people, by the people, and for the people, a promise, in fact, never fulfilled, a dream shattered by the vampire capitalists and their minions who have destroyed the American Dream and turned it into a nightmare. However, the greatest horror of all is that we have embraced our oppressors, embraced the fairy tales that we are told by the corporate controlled media that glorifies selfishness, narcissism, and wallows in sadomasochism and enjoys inflicting pain and suffering on the weak, the innocent, and the vulnerable.

We allow ourselves to be sacrificed on the Alter of Money where we are dissected while we are still alive. We are turned into objects, body parts, hired hands, eyes to supervise. The faculties of our mind are compartmentalized to perform specific functions while the rest of our mind is left to die. Even our mouths are separated from our brains, and we are programed to year after year to say the same things over and over again. "Thank you, thank you, thank you," we say. "Have a good day," we say. "Yes, sir," we say, when we really want to say, "Fuck you! I've had enough of this!" Bu we don't. Out of fear we bare our necks. Often, we do so just to survive on a minimum wages or less, often at the expense of working two jobs, just to say above the poverty line with both parents working. We have no time to properly raise our children or simply go to our child's baseball game. There is no vacation time except for alcohol and drugs, so we take our vacation from the truth, and we enjoy the illusion of feeling good, like a cancer patient on his death bed, but we wake up the next day and the next day, year after year, we wake up and go to work in a totalitarian state that we call the "workplace" run by the bosses where we have no rights o freedoms and there is no escape, at least for us. So, we sacrifice for our children, and they go off to college. We all hope that this will mean that they will have a better future, only to see them come home after graduation owing so much money to the banks that they have become indentured servants for most of their lives.

This is not the American Dream, but this is the America we live in today. It is a horror story that has come true, a horror story where every human value is left silent before the God of Money. Every human value that in a civilized society is viewed as having a value in itself or is viewed as something that is unique and of spiritual value - equality, economic justice, love, empathy, friendship, community, civic responsibility - they are all viewed as sacrilege to the God of Money, of absolute no worth, unless they can be turned into a commodities to be bought and sold and to be exploited for personal gain and profit, especially by you and me, because we have nothing else left to sell, except our souls.

(The above is an excerpt from Learn or Die: The New American Revolution)

Author's Note - I have made Learn or Die: The New American Revolution available to you through Smashwords in a Freedom for Free Edition where you can pay what you want for the book or nothing at all. It is free. I'm doing this because after 50 years of research and study I believe I have found the way for all of us.