Even before this Trump administration, the top 10% of the country is responsible for 50%
for - stats - elites - top 10% - responsible for 50% of consumer spending
Even before this Trump administration, the top 10% of the country is responsible for 50%
for - stats - elites - top 10% - responsible for 50% of consumer spending
Aneurin Bevan
for - further research - Aneurin Bevan - 1952 - liberal democracy's greatest paradox - How does wealth manage to persuade poverty to use its political freedom to keep wealth in power? - source - article - Le Monde - Musk, Trump and the Broligarch's novel hyper-weapon - Yanis Varoufakis - 2025, Jan 4 - inequality - elites - source - article - Le Monde - Musk, Trump and the Broligarch's novel hyper-weapon - Yanis Varoufakis - 2025, Jan 4
How does wealth manage to persuade poverty to use its political freedom to keep wealth in power?
for - key insight - inequality - elites - How does wealth manage to persuade poverty to use its political freedom to keep wealth in power? - source - article - Le Monde - Musk, Trump and the Broligarch's novel hyper-weapon - Yanis Varoufakis - 2025, Jan 4
Trump expect if he creates another world financial crisis he believes there will be a bailout and he believes that he and his cohort the world's wealthy will benefit from there being vastly more money in circulation with very little to use it on except the inflation in the value of the assets that they own that is what he's banking on this is literally I think his Economic Policy
for - quote - economic crashes are profitable for the elites - Trump plans to crash the global economy so that subsequent Quantitative Easing bailouts will inflate value of assets of the rich - from - Youtube - Trump wants to crash to benefit the ultra wealthy - Trump's planning to crash the global economy - Richard J Murphy - 2024, Dec
quote - economic crashes are good for the elites - Trump plans to crash the global economy so that subsequent Quantitative Easing bailouts will inflate value of assets of the rich - Trump expect if he creates another world financial crisis - he believes there will be a bailout and - he believes that he and his cohort the world's wealthy will benefit from there being vastly more money in circulation with very little to use it on except the inflation in the value of the assets that they own - That is what he's banking on - This is literally I think his Economic Policy - This is what he expects as a consequence of his trade Wars - He doesn't care that we suffer - He won't care about the countries in the developing world - the vast majority of countries in the world in fact who have their debts denominated in dollars who will suffer enormously as a result of their struggle to find the means to repay those debts - As for the time being, the dollar is inflated in value and interest rates are too high he won't care that people are thrown out of work - All he cares about is the inflation in asset values and that is what the whole of the world economy is now geared to create - for the benefit of a few - at cost to the vast majority - Trump's Economic Policy makes sense if you see it in this way - He runs a bailout economic strategy that is going to work for him and his friends because - it will result when the world economy crashes and yet more money being made available through the central banking system to inflate the value of the assets that they own - And they'll say thank you very much we did very nicely out of that when can we have another crash?
counter-elite
for - definition - counter elite - an elite who turns on the elites due to social strife - from Peter Turchin
Elites avoiding accountability is nothing new, but in the last three decades corporate avoidance has reached new lows.
for - Elites avoiding accountability - also Costco fuel elites - dictators - Putin - Kim Jong - Assad
there’s an idea that dealing with climate change is an issue for our institutions. Whereas you can see by clear evidence that our institutions have a track record of completely failing to address climate change at all levels throughout the entire history of the climate discourse.
for - quote - framing element - media frames climate crisis as issue for the elites to solve - but it has been a complete failure - Joe Brewer
what they're saying is we have to do everything we can on mitigation that doesn't change business as usual doesn't mean that people like me can carry on living like I am today in my large house big car flying around the world consuming lots of goods as long as you don't question that um we can we can try mitigation but we're going to therefore we're going to need geoengineering so we lock it in not just in by by evoking it in our language but by the Norms of how we the people evoking it are behaving the experts are behaving in a way that climate change is no not important there's no credibility lended to lent to our arguments because it doesn't look like we think it's serious
for - climate crisis - hypocrisy of the experts - greenwashing of the elites - Kevin Anderson
the emergence of greater vulnerability because of the increasing number of interconnections that link that wealth, and those who control it, in efforts to sustain it
for - quote / insight - decreased resiliency due to tight network of elites - From Complex Regions to Complex Worlds Crawford Stanley Holling - 2004 - creative alternatives - liminal spaces - rapid whole system change
quote / insight - decreased resiliency due to tight network of elites - (see quote below) - The front-loop phase is more predictable, - with higher degrees of certainty. - In both the natural and social worlds, - it maximizes production and accumulation. - We have been in that mode since World War II. - The consequence of this is not only an accumulation and concentration of wealth, - but also the emergence of greater vulnerability because of - the increasing number of interconnections that link that wealth, and - those who control it, - in efforts to sustain it. - Little time and few resources are available for alternatives that explore different visions or opportunities. - Emergence and novelty is inhibited. - This growing connectedness leads to increasing rigidity in its goal to retain control, - and the system becomes ever more tightly bound together. - This reduces resilience and the capacity of the system to absorb change, - thus increasing the threat of abrupt change. - We can recognize the need for change but become politically stifled in our capacity to act effectively.
to - quote - we are now in a back-loop of a planetary adaptive cycle - From Complex Regions to Complex Worlds - Crawford Stanley Holling - 2004 - https://hyp.is/FTRDoJFuEe-rsvdKeYjr0g/www.ecologyandsociety.org/vol9/iss1/art11/main.html?ref=ageoftransformation.org
comment - These ideas are quite important for those change actors working to emerge creative alternatives - liminal spaces - rapid whole system change
we need to build this this again this bridge and it's obviously not going to be written in the 00:50:41 same style or standard as your kind of deep academic papers if you think this is uh U unnecessary or irrelevant then you end up with is a scientific 00:50:56 Community which talks only to itself in language that nobody else understands and you live the general Republic uh uh prey to a lot of very 00:51:09 unscientific conspiracy theories and mythologies and theories about the world
for: academic communication to the public - importance, elites - two types, key insight - elites, key insight - science communication
comment
key insight
references
This 1% of humanity uses its awesome power to manipulate societal aspirations and the narratives around climate change. These extend from well-funded advertising to pseudo-technical solutions, from the financialisation of carbon emissions (and increasingly, nature) to labelling extreme any meaningful narrative that questions inequality and power.
for: quote - Kevin Anderson, quote - elite positive feedback carbon inequality loop, climate crisis - societal aspirations, elites - societal aspirations, societal aspirations, key insight - societal aspirations
quote
comment
the wealthiest 1% of people on the planet are responsible for double the greenhouse gas emissions of the poorest half
for: carbon inequality, question - new COP - focused on elites?
comment
question
for: climate crisis - elites, Kevin Anderson - elites, carbon emissions - elites, adjacency - elites - carbon inequality - incentives - luxury - capitalism
title: A Habitable Earth Can No Longer Afford The Rich – And That Could Mean Me And You
date: Nov. 29, 2023
comment
for: Kevin Anderson, transition, climate equity, climate justice, climate justice - Kevin Anderson, carbon inequality - Kevin Anderson, life within planetary boundaries, lifestyle within planetary boundaries - elites, climate crisis - Kevin Anderson
summary
well I'll start with two extremely optimistic points
for: answer to above question
answer : two answers
hat that's going to mean is that a lot of the things um that again that this wealthy say onethird of our society has normalized will have to change the size of our houses 00:12:01 we shouldn't be building really huge houses anymore I would also go further and say if we are really serious about climate change we need to think about the very large properties that we have which there are many of in our society 00:12:12 that need to be divided to make good quality and reasonable sized houses for say three or four families rather than just one family no more second homes and where second homes are in areas where other 00:12:25 people need to live they are no longer allowed to exist so no more second homes
for: staying within 1.5 Deg C - elites - lifestyle changes - property and building
example:
reference
if you look at somewhere like the UK 75% of all our flights are made by just 15% of the population and we know who that 15% are you know they're not the average person or the poor person so we're not talking about 00:12:49 someone who flies occasionally away on holiday we're talking about people who fly really regularly they have their second homes they have their big mansions they have their large cars and this particular group all of those 00:13:02 things will have to change
for: elites - lifestyle change, great simplification, worldview transition -materially-excessive and wonder-poor to materially- sufficient and wonder-rich, awakening wonder, Deep Humanity, BEing journeys
comment
Transnational Uncivil Society Networks: kleptocracy’s global fightback against liberal activism - reference - https://ora.ox.ac.uk/objects/uuid:5e5a3052-c693-4991-a7cc-bc2b47134467/download_file?file_format=application%2Fpdf&safe_filename=Cooley_et_al_2023_transnational_uncivil_society.pdf&type_of_work=Journal+article
And where the artists take part in a fantasy of overconsumptionThe place where artists play a distinctive role, exactly like high-level sports athletes, is in the propagation of a certain fantasy.
One option is to cap the top 20% of energy users while allowing those people who use little energy and have poverty-level incomes to be able to increase their consumption levels and improve their quality of life.
Table 1. Interrelationship of wealth and emissions per capita.
i think climate change is going to put a strong pressure in the sense that you know i think when people see more and more catastrophic climatic events you know i think attitudes toward globalization and attitudes toward inequality in general you know can change very quickly because 00:43:25 you know at some point i think people will not find it funny at all to have all these billionaires you know giving lessons using their private jet doing your space tourism et cetera you know at some point you know i think nobody is going to find this funny at all and there can be a very quick and and fast you know complete change in attitude following this
!- Thomas Piketty : climate change impacts on inequality - climate change extreme events can very quickly cause the public attitudes to the elites to deteriorate very rapidly
i think the reason your book was praised so much uh in the west is you didn't come up with a threatening political solution uh and uh when they said this was the mark book is the marks for modern time that meant don't read marx read this book and i suspect that after you put all of this enormous good work into the uh statistics that you did on wealth 00:15:30 and income i think the publisher probably said well what are what are your solutions well you just came up with uh the solution that you uh said in the book and that's to tax income and wealth uh this is not a threatening solution because there's no way that you're going to tax wealth as long as you have offshore banking centers to conceal wealth as long as you have what the oil 00:15:54 industry put in place a hundred years ago the flags of convenience pretending to make their uh income abroad the fact is uh the one percent don't really make much income they're ideal if you're a billionaire you want to do what uh half of american corporations do you don't make a penny of taxable income uh that that's uh the whole problem
!- Michael Hudson : critique of Thomas Piketty's books - Hudson comments that Piketty's books were not politically threatening to the elites - Piketty's solution is to tax the elites but this is no threat to the elites because they have wealth concealed in offshore accounts - billionaires strategy: don't make one penny of TAXABLE income
Figure 6: Changing geographic source of emissions of world’s richest 1% 2015–2030
China and India will have the largest growth of elites between 2015 and 2030. Therefore, strategic, culturally appropriate interventions need to be applied to this elite demographic.
Exploring the consumption practices of the super-rich begins to highlight that they are best described as 'fast subjects' who dwell in what Castells (2000) terms the 'space of flows' rather than the 'space of places'.
Good terminology- space of flows, denoting the necessity of (carbon intensive) travel to move from one place to another. Seen from the 19th century, even the average car-driving citizen of the 20th century is elite. A 100 hp car, which is now almost an average power rating of most internal combustion engines, is the power equivalent to the 19th century analog of maintaining 100 horses.
there has been a spectacular rise in luxury consumption, with the consumption patterns of the global elite acting as a marker for those further down the income scale. Robert Frank (2000) describes the process as 'luxury fever', as consumption expectations are ratcheted up all the way down the income scale. The global elite are pushing up people's expectations and assumptions. In the US, for example, the average size of house has doubled, in square feet terms, in the past thirty years. In part it is a function of the positional nature of consumption. We consume in order to position ourselves relative to other people. Not only do the global elite raise the upper limit, everyone is thus forced to spend more just to keep up, but they also become the perceived benchmark, Juliet Schor's work, for example, shows that people are no longer keeping up with the people next door, but the people they see on television and magazines (Schor, 1998). In order to keep up with these raised consumption standards people are working harder and longer as well as taking out more debt. The increase in luxury consumption has raised consumption expectations further down the income scale, which in order to be funded has involved increased workloads and increased indebtedness. It is not so much keeping up with the Jones but 'keeping up with the Gates'.
The elites point the way for those in even the lowest income brackets to follow. This crosses cultures as well. Capitalism trumps colonialism as former colonized peoples reserve the right to taste the fruits of capitalism. Hence, hard work, ingenuity and leveraging opportunity to accumulate all the signs and symbols of wealth, joining the colonialist biased elites is seen as having arrived at success, even though it means contributing to the destruction of the planetary commons. The aspirations to wealth must be uniformly deprioritized in order to align our culture in the right direction that will rescue our species from the impact of following this misdirection for the past century.
Making money didn’t violate the spirit of equality, but an air of superior knowledge did, especially when it cloaked special privileges.
Meritocracy harms the elite as well. Life for the meritocratic elite is dominated by work. Substantial numbers of elites report that their work interferes with their health, prevents them from forming strong relationships with their children, gets in the way of good relationships with their spouses, and even makes it harder to have a satisfying sex life.
A Harvard Business Review survey found that 62 percent of high-earning individuals work over 50 hours a week, more than a third work over 60 hours a week, and one in 10 work over 80 hours a week. According to Markovits, elites today work an average of 12 more hours per week than middle-class workers (the equivalent of 1.5 additional workdays).
This may be the case for high-earners, but where do these people sit with respect to the higher elite or "leisure class"?
Are these hard working high-earners a new class of people that has emerged that aren't the previous elite of the mid-1900s?
What effect does the rise of finacialization (versus manufacturing or service sectors) since the 1970's have on this shift? Did these high-earners arise out of a hole in the market to service the elites on the highest rung up to make their wealth grow faster?
There seems to be a hole in this argument with respect to the prior quote:
Fifty, 60, 70 years ago, you could tell how poor somebody was by how hard they worked. Today, that relationship has been completely reversed. Elites work for a living. They work harder than they used to. They work harder in terms of brute hours than the middle class on average, and they get most of their income by working.
This is not the first time that the US “common man” has embraced populism. Who said the following? “What are the real issues that exist today in these United States? It is the trend of pseudointellectual government where a select elite group have written guidelines in bureaus and court decisions… looking down their noses at the average man on the street … the auto workers, … the little businessman…” (quoted in Cowie: http://digitalcommons.ilr.cornell.edu/cgi/viewcontent.cgi?article=1919&context=articles) This was George Wallace, in 1972, the year he scored a victory in the Democratic primary in Michigan, due primarily to “working-class” opposition to school busing on the heels of white flight to the suburbs. His “populist” message of “anti-elitism”, “anti-crime” and anti-busing wasn’t openly racist, but that was its content. Dewey Burton, the young male symbol of the 1970s (white) working class followed for years by the US media (as told by Cowie, above) was not a racist in his personal attitudes, but his alienation from ossified New Deal politics within a Fordist economic model that provided “only” high-wage job security (and for fewer and fewer people) manifested itself in a form that is fairly indistinguishable from the suddenly new “revolt” of the white working class in the rust belt in 2016 – and this well before Fordism entered into its terminal crisis later in the 70s.