Wrong Book For The Setting

You probably don't want to be reading Jon Jeter's book Flat Broke in the Free Market: How Globalization Fleeced the Working People while you are vacationing in Cape Cod, as it isn't exactly beach reading-- the book is about how globalization and the World Bank has created a transnational underclass, and Jeter, the Washington Post bureau chief for South Africa and South America, tells specific tales of Argentinian garbage-pickers, Uruguayan prostitutes, Zambian capitalists (who earn pennies a day), a South African woman fighting to afford newly privatized clean water and electricity, and a Brazilian cab driver working round the clock to feed his family that will make you feel guilty about living in America (even during a recession) and you certainly don't want these stories, facts, and figures in your head when you eat over your aunt's house (a stunning place on the Oyster River in Chatham) and the discussion turns political . . . it's better to stay out of it when more conservative relatives talk about "redistribution of wealth" as if that is an awful, evil thing, because you don't want to sound like an autistic socialist, which is exactly what you'll sound like if you start citing distribution of wealth ratios in various countries . . . in other words, the income for the wealthiest ten percent of the population as compared to the poorest ten percent of the population-- so I wisely kept my mouth shut, but here are the statistics Jeter cites:  in Brazil the wealthiest ten percent make 51 times more than the poorest ten percent, in South Africa the ratio is 33:1, in the United States-- which has the biggest disparity of any developed nation-- it is 15:1, and in socialized Sweden it is 6 to1.

5 comments:

Marls said...

I blame Jeter for everthing.

Mr. Truck said...

he certainly helps contribute to that 15 to 1 statistic

Al DePantsdowno said...

You should have brought Atlas Shrugged. You would have been a hero on that beach.

Igor said...

I keep clicking that graphic to look inside and nothing happens. This blog is a rip-off.

Dave said...

still working up the courage to read "atlas shrugged." it's a thick one.

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