by Charles Hugh Smith
Of Two Minds
What they don’t understand is inequality is America’s Monster Id: the more you try to suppress it, the more powerful it becomes.
The word privilege is much bandied about now. I’ve been writing about privilege for many years, and ended up writing a book about the source (and thus the end) of privilege: Inequality and the Collapse of Privilege.
Privilege and inequality are two sides of the same coin. Those with privilege get more than everyone else without actually creating more value, which is the definition of inequality.
What few seem to grasp is the absolute source of inequality / privilege is our financial system, specifically the way we create and distribute money.