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The Return of the 19th Century

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Reprinted from by gjohnsit

A friend once told me that the wealthy elite didn't want to just "roll back" the New Deal, they wanted to roll back the entire 20th Century. His point was that all the social gains of the 20th Century were granted to us in order to combat global communism, and that with the collapse of communism the wealthy elite are going it take it all back.    I didn't fully appreciate his sentiments until recently.

   The recent upsurge in global piracy seems strange and exotic in today's world, but in fact it is rather appropriate in the full context of national events.
   Below is a list of trends which show the 21st Century is going to look a lot more like the 19th Century than the 20th Century.

Big Labor

  Can we finally stop saying "Big Labor"? Last year labor union membership had shrunk to 11.8% of the total workforce and only 6.6% of the private sector.
   You have to go all the way back to 1900 to find such a small union footprint in the private sector.

Second Gilded Age

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  Along with the destruction of labor unions and the middle class we've see a dramatic rise in inequality. The U.S. has the worst inequality in the developed world.
   Inequality has hit levels not seen since the Robber Barons.

"the cruellest of our revenue laws, I will venture to affirm, are mild and gentle in comparison of some of those which the clamour of our merchants and manufacturers has extorted from the legislature for the support of their own absurd and oppressive monopolies. Like the laws of Draco, these laws may be said to be all written in blood."
  - Adam Smith, Wealth of Nations

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