Wednesday, November 12, 2014

The 1% vs. the 90%

Let's face it, when we talk about the 1%, we're talking about top management of corporations, people like CEOs. COOs, CFOs, CTOs, VPs, company owners, and board members, as that is who, by far, dominates the population of the top 1%. The bottom 90% are comprised of working people, those that earn their living by their smarts and the sweat of their brow. Those in the financial industry are almost in a class unto themselves. We'll get to them soon and/or in another post.

When I observe this corporate structure, I find that it is I, the worker, that actually performs the function, the work, of the corporation, and brings into reality what is only conceptual to the high level execs. However, corporate structure and culture puts me, the worker, in a subservient position in a hierarchy. They consider themselves above me in this hierarchy. I become something less than them. That's what it seems to me, given how I've observed how they act toward working people, the 90%. It's weird that so often they talk about "team spirit," and "there's no I in TEAM." Do you really think they think they're on the team with us? I don't get that at all. They're more like the owner of the team that equates himself with the team, or even the creator (god) of the team. Think Jerry Jones and the Dallas Cowboys (among a number of others). 

From my point of view, they use the facade of the corporation as an intermediary in a relationship that is a very small step from slavery. All these corporate execs and owners make their fortunes by skimming off the labor of the people that are doing the production of the corporation. There is a totally unfair distribution of revenue within the corporate structure, in regards to the relative contributions of individuals that actually bring the revenue into a company. This is because a certain system has been set up. The CEO gets to call the shots, like some sort of little Napolean, a dictator in his own little realm, the corporation. I have to admit, that's some pretty heady stuff. They are required to be this way by the board of directors and the shareholders (who are the shareholders? that would be the 1%). 

Here's the thing, a corporation is just a system. It does have a number of subsystems that can comprise it, but even those are limited in number. These systems are what are taught in business schools. If you want to get down with it. that's a subsystem,  the education of future execs. There is even a hierarchy in that subsystem, with Harvard Business School as the primary source of future execs for the 1% worldwide.

This is merely a brief description of the economic/financial/corporate system we find ourselves in. For most of us, that's a very real present concern. We are working very hard to to swim our way through these financial waters. Meanwhile those that are calling the shots are sucking up more and more of the fruits of our labor. 

Not content with economic domination, they now move to political domination in controlling our government, by merely buying up candidates and the resultant politicians. We, 90%, need to come together and do what we want. Why should we 90 be dominated by 1?

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