Robert Reich points out that the superrich live in a parallel universe to the rest of the country: much of the time we don't see them because they live in walled estates, travel in private limousines and use different airports from the rest of us (4). There's lots of them. There are now more than 200 billionaires. Some five percent of American households have assets over $1 million. And we're back to levels of extravagant consumption not seen for 100 years (5).
Greed
Posted on Thursday, February 26 at 22:19 by Anonymous
These are prices paid by the exceptionally wealthy, the folks who skim the pages of the Robb Report (average annual salary of subscribers: $1.2 million) in whose glossy pages are reviewed the best of everything. In a recent issue a southern plantation is advertised, "everybody's dream," at $8.5 million.
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\'In the original Nuts Game, I used hardware nuts, and the players were college students. You would think the players would figure out that if they all waited, and didn\'t take anything out of the bowl for a while, then the contents of the bowl would soon get very big, automatically doubling every ten seconds. Eventually they could each divide up a pot that had grown large. But in fact, sixty percent of these groups never make it to the first 10-second replenishment cycle. They each grabbed all they could as soon as they could, leaving nothing in the bowl to be doubled, and each player wound up with none or a few items. This can be an energetic game. I\'ve seen the bowl knocked to the floor and I\'ve seen broken fingernails in the greedy melee. In the original game, players are not allowed to talk. Even when they are allowed to talk, not all groups collaboratively work out a patient, conserve-as-you-go playing style, necessary for eventual big scores. They don\'t trust each other.\'
I think when reading this article you get a clear sense, that this illness is starting to inhabit other countries including Canada, so we need to stop it at the door if we can!