Submitted by Charles Hugh-Smith of OfTwoMinds blog,
A society of the increasingly overworked and involuntarily idle is not a stable or happy one.
The entrenched incumbents on top (the "half class"), the high-earners who pay most of the taxes (the first class), the working poor who pay Social Security payroll taxes and sales taxes (the second class), and State dependents who pay nothing (the third class).
This class structure has political ramifications. In effect, those paying most of the tax are in a pressure cooker: the lid is sealed by the entrenched incumbents on top, and the fire beneath is the Central State's insatiable need for more tax revenues to support its entrenched incumbents and growing army of dependents.
There is a palpable zeitgeist that the nation is bifurcating into two camps which no longer overlap or communicate using the same cultural signifiers and symbology.There is also a growing awareness that the divide between very wealthy and the middle income households has widened into an enormous canyon of inequality.
If the citizenry cannot replace a dysfunctional government and/or limit the power of the financial Aristocracy at the ballot box, the nation is a democracy in name only.
If the citizenry cannot dislodge a parasitic, predatory financial/political Aristocracy via elections, then "democracy" is merely a public-relations facade, a simulacra designed to create the illusion that the citizenry "have a voice" when in fact they are debt-serfs in a neofeudal State.
A society of the increasingly overworked and involuntarily idle is not a stable or happy one. Pressure is building along multiple fault lines beneath the supposedly expanding American economy. What's really expanding are stress, ill health, chronic depression, financial insecurity and the frustrations of the powerless.