[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Israel Iran Double Standard

Soros Funneled $8.3M into Leftist Group Trying to Turn Lone Star State Blue

California Democrats Under Fire for Buying Bricks During Protests

ICE Launches Campaign to Crack Down on Marriage Fraud Could Ilhan Omar Finally Face Justice?

Joe Rogan's podcast predicted violent LA riots two years ago leaving viewers stunned

Anti-migrant rioters shouting 'f*** off foreigners!'

Amazing things happen when you actually cut government spending.

25 Vaccine Death Stories To Share In Social Media

The White House just posted this:

US Anticipating Potential Israeli Attack on Iran

Grok Is Using a Far-Left Fact Check website to Smear and Censor Conservative Outlets on X

Over 300 UK Foreign Office staff told to consider resigning if they disagree with government's Gaza policy

Jimmy Dore: Here’s How Israel’s Massacres At Aid Sites Work!

Iran successfully tests missile with 2-ton warhead

Liberal Teachers Union Presidents Rally Behind LA Rioters

Ilhan Omars Daughter Applauds Anti-ICE Riots, Urges Death to Colonial Empire: U.S. and Israel One Oppressor

California Leaders Want United Nations Blue Helmets to Expel Federal Forces from the State

Tulsi Gabbard Warns of “Nuclear Holocaust” in Chilling 3-Minute Plea

LBMA Silver Short Position Now 2nd Largest In History

Chumbawamba - Tubthumping

Something BIG is happening right now in the Middle East, Israel ready to attack Iran

AMERICA ON FIRE: Riots & Chaos as Trump Quadruples ICE Raids!

THE BANKRUPTCY OF THE UNITED STATES (Emergency Banking Act)

In France, young women are starting to buy pet pigs to avoid being harassed by Muslim men

Elderly Veteran kills 3 Home Invaders

Number One Longevity Food

Inflation Highest In Democrat States, Lowest In Republican Deep South

TikToker admits to being paid $150 a day to protest Trump’s deportation policies in LA

A GREAT update on the Trump fraud case ($454.2 million judgment) at the appellate court.

Mexican Senate President Revives Territorial Claims Amid Los Angeles Civil Unrest


History
See other History Articles

Title: Here's How We Ended Up with Predatory, Parasitic Elites
Source: [None]
URL Source: https://www.lewrockwell.com/2018/08 ... th-predatory-parasitic-elites/
Published: Aug 30, 2018
Author: Charles Hugh Smith
Post Date: 2018-08-30 10:00:25 by Ada
Keywords: None
Views: 196
Comments: 1

Combine financialization, neoliberalism and moral bankruptcy, and you end up with predatory, parasitic elites.

How did our financial and political elites become predatory parasites? Some will answer that elites have always been predatory parasites; as tempting as it may be to offer a blanket denunciation of elites, this overlooks the eras in which elites rose to meet existential crises.

Following in Ancient Rome’s Footsteps: Moral Decay, Rising Wealth Inequality (September 30, 2015)

As historian Peter Turchin explained in his book , the value of sacrifice was a core characteristic of the early Republic’s elite:

“Unlike the selfish elites of the later periods, the aristocracy of the early Republic did not spare its blood or treasure in the service of the common interest. When 50,000 Romans, a staggering one fifth of Rome’s total manpower, perished in the battle of Cannae, as mentioned previously, the senate lost almost one third of its membership. This suggests that the senatorial aristocracy was more likely to be killed in wars than the average citizen…. The wealthy classes were also the first to volunteer extra taxes when they were needed… A graduated scale was used in which the senators paid the most, followed by the knights, and then other citizens. In addition, officers and centurions (but not common soldiers!) served without pay, saving the state 20 percent of the legion’s payroll.

The richest 1 percent of the Romans during the early Republic was only 10 to 20 times as wealthy as an average Roman citizen.”

Now compare that to the situation in Late Antiquity Rome when

“an average Roman noble of senatorial class had property valued in the neighborhood of 20,000 Roman pounds of gold. There was no “middle class” comparable to the small landholders of the third century B.C.; the huge majority of the population was made up of landless peasants working land that belonged to nobles. These peasants had hardly any property at all, but if we estimate it (very generously) at one tenth of a pound of gold, the wealth differential would be 200,000! Inequality grew both as a result of the rich getting richer (late imperial senators were 100 times wealthier than their Republican predecessors) and those of the middling wealth becoming poor.”

Do you see any similarities with the present-day realities depicted in these charts?

Click for Full Text!

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Ada (#0)

Jews are trained to show their contempt for those they rob, betray, kill and degrade.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2018-08-30   10:47:04 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]