Skeptics of restorative market
correction ask, "What about all the capital amassed by such people,
and by these firms?" Guerrilla economists cite the Pragmaconomist
Primer [9]: "This capital is actually heavily repackaged
earnings of a much humbler origin." Ever pragmatic, guerrilla
economists return this misappropriated capital to the citizens who
labored to earn it, stating, "Diffuse and distributed investments
of smaller amounts of capital, made by a union of citizens acting
with enlightened self-interest [10], govern and nourish a
sustainable and stable economy, one that serves the needs of every
citizen, not merely a money-addicted minority."
Editor's Note: Events in the
Pragma-Economic Revolution unfold hourly and across the globe. Even
as this article was posted to the web, a still newer sub-discipline
has emerged among the social sciences. Promising to address the
psycho-social disruptions of market correction, Psycho-Economics has
sent the academic world tumbling. More to follow...
Footnotes:
Heywaitaminute, (November 6th, 2013). The Marginal Utility of the One-Percent. Daily Kos Diary, 1-2, annotated.
A technique perfected by nineteenth-century robber-barons. Obstructionist workforces, prone to gross overvaluation of their labor, made fantastic demands for such luxuries as a living wage, a forty-hour work week, and safety devices on manufacturing equipment to prevent loss of life and limb. Recognizing the absurdity of such demands, the barons wisely repositioned labor as a threat to national security, forestalling any recognition of their so-called "human rights".
Their grievance: vastly reduced salaries and the absence of bonuses still resulted in an excess of discretionary income that could be put to better purpose on infrastructure projects. Dozens of trophy wives, apprised of the change in their husbands' fortunes, immediately filed for divorce. One "trophy", forced by massive income downsizing to cancel her liposuction, reportedly attempted to overdose on herbal supplements.
A psychiatrist at Mercy Hospital, on condition of anonymity, identified the ailment as Dendritic Insular Cephaic Kinesthesial Syndrome (DICKS). He summed up a highly technical explanation of this neurological disorder by saying, "They're a**holes. Greedy, twisted a**holes."
Passersby, shocked to see the damage his body inflicted on an idling taxicab, immediately organized a fundraiser to sustain the driver through his temporary loss of livelihood. The family of the perpetrator, long estranged from their money-addicted and emotionally unavailable uber-capitalist patriarch, apologized and made a contribution.
HR779, The Wall Street Productivity Act. Wags on the street insist the acronym denotes a "Work, you Pathetic A**holes!" bill.
A scarlet "A" tattooed on each cheek.
In Chicago, re-assignation of affluent assets to the control of invasive species has reaped a windfall for the Windy City. Throngs of residents and foreign tourists now line the Chicago River daily to watch the retrained elites, who don their designer-label clothing over wetsuits to thrill spectators in a water show/clean-up project dubbed "Kiss a Carp!". T-Shirt sales alone are expected to rake in 1.3 million dollars annually.
Freeman, I.M.A., (2010). The Pragmaconomist Primer. (New York) Hartmann and Sons, p.16.
Ibid., p. 21, acknowledging also the intellectual paternity of one Alexis de Tocqueville.
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