The following is reprinted with permission from the Internationalist Page...
THE GROWING GAP BETWEEN THE RICH AND THE POOR… AND ITS FRIGHTENING IMPLICATIONS
Dear Friends and Readers:As cited before in THE GLOBAL FUTURIST, THE INTERNATIONALIST PAGE, and in THE TNNWC SUPPLEMENTAL RSS FEED AND DAILY E-MAIL DELIVERY BLOG: Following every economic catastrophe, a smaller percentage of the world’s population gets wealthier and more powerful, while the swelling ranks of the “middle class,” the “working poor,” and those living either on the government dole or in abject poverty get poorer, as they grow more plentiful in number. This is a recurring, historically-proven phenomenon.
The concern here is that every great empire in history was built upon the initiative of entrepreneurs, small businesses, and an upwardly-mobile, aspiring middle-class. With each successive shock to the economic system of every nation, and the world-at-large, this gap widens. When the difference between those wealthy few at the top of Olympus’ peaks and those swelling, discontented, hungry and homeless (or in immediate danger of losing their hard-won shelter, and their life’s largest investment), the seeds of revolution, long sown, but lying dormant, begin to sprout seedlings of violent upheaval.
This can happen anywhere. The only thing necessary for the full blossom of these hardy seedlings is that enough of a percentage of the population becomes financially desperate enough, and distrustful enough of the persons in power that the risk of anti-authority upheaval (whether organized or anarchistic) starts to seem minimal compared with the risk of dying in the clutches of the intolerable status quo. When desperation becomes more powerful than fear and inertia, Human Beings take leave of the divine component of their nature and become animals….feral creatures with a “herd” or “mob” mentality.
What we are witnessing in Northern Africa and in the Middle East is merely a distant potent of what could come upon us like a giant cyclone in the West – particularly in the United States, where the population has become increasingly frustrated with paying for the excesses and mistakes of those in power.
The following article is an example of what I’ll gently call “seedling” awakening.
Read the statistics and their inferences carefully. You’ll remember this post. Faithfully, Douglas Castle, Chairman and CEO, TNNWC Group, LLC http://www.TNNWC.com (visit to join us and become a Member. There is no cost, and your benefits begin immediately.) ####
Separate but unequal: Charts show growing rich-poor gap
By Zachary Roth of MOTHER JONES, courtesy of Yahoo! News
Wed Feb 23, 5:13 pm ET
The Great Recession and the slump that followed have triggered a jobs crisis that's been making headlines since before President Obama was in office, and that will likely be with us for years. But the American economy is also plagued by a less-noted, but just as serious, problem: Simply put, over the last 30 years, the gap between rich and poor has widened into a chasm.
Gradual developments like this don't typically lend themselves to news coverage. But Mother Jones magazine has crunched the data on inequality, and put together a group of stunning new charts. Taken together, they offer a dramatic visual illustration of who's doing well and who's doing badly in modern America.
Here are three samples:
This chart shows that the poorest 90 percent of Americans make an average of 31,244 a year, while the top 1 percent made over $1.1 million:
• According to this chart, most income groups have barely grown richer since 1979. But the top 1 percent has seen its income nearly quadruple:
• And this chart suggests most Americans have little idea of just how unequal income distribution is. And that they'd like things to be divvied up a lot more equitably:
To see the rest of these fascinating charts, click on over to Mother Jones ####
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FOR IMMEDIATE RELEASE:
Contact: TNNWC NEWS SERVICE
Contact Person: Kent Martin
Company Name: TNNWC Group, LLC / The National Networker Companies™
Telephone Number: 888.317.6495 (Extension 703)
Fax Number: 914.517.5944
Email Address: kent@tnnwc.com
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TNNWC Launches Counter Strike in War on Small Business
Levittown, Pennsylvania – Outraged over the war on small business being waged at this moment in the U.S., Adam J. Kovitz, Co-Chairperson of TNNWC Group, LLC, encourages entrepreneurs to strike back. The war Kovitz describes is demonstrated in the new trend among major corporations to extend accounts payable to their small-business vendors from the traditional Net 30 to Net 60 (and even Net 120). Kovitz cites evidence in a recent Washington Monthly column by Jeffrey Leonard.
“Big corporations engage in this practice that essentially gives them no-interest loans as they delay payments to small businesses,” Kovitz says. “It’s frustrating because we all have seen the reports of record profits recorded by these big businesses and growing expansion. These companies are sitting on literally trillions of dollars of capital while they force small businesses to wait to be paid.”
“What makes this trend especially damaging is the fact that small businesses cannot take advantage of the same loans banks make available to larger corporations,” Kovitz notes. “Here again, however, American small business owners must rely on their own innovation, perseverance and collaborative skills to succeed. And I maintain we can win this war!”
Kovitz states reasons why small businesses drive the U.S. economic engine:
□ More than 60% of the jobs created in the last decade in the U.S. came from the private sector.
□ Small businesses have provided more than half of all private-sector jobs.
Furthermore, Kovitz says the war should not exist in the first place. Big business only undermines its own success and bottom line by setting an uneven playing field for small business. The solution, according to Kovitz, is a three-fold counter-strategy against this onslaught by big business. It’s a strategy that TNNWC Group, LLC, follows. Kovitz says it results in mutually beneficial dividends for all participants.
“The first step is to provide employees with ownership of the firm,” Kovitz suggests. “We follow this practice at TNNWC, and it results in a more collaborative and mutually advantageous effort among everyone. Employees become more committed to delivering a quality product if their personal success and increased income relies on their own standards of excellence.”
“Next, small businesses must realize how coexistence is vital for their success,” Kovitz explains. “TNNWC is relationship-centered: We forge strategic partnerships when we identify services offered by other businesses that could be good for our membership. We build a truly complementary relationship: Our service partner provides expertise and fulfillment and TNNWC provides technical and marketing support.”
“Finally, we offer something for free, which is always a great enticement to take a closer look at a product or service. Our National Networker Weekly Newsletter has been free since our first day six years ago. And of course, membership in TNNWC is free. We also offer new members what we call a free Mini-Media Buzz Blitz that demonstrates the power of social media through our Buzzworks service,” Kovitz says. “Here again, the net effect is a win-win for all: A mutually beneficial means for everyone to participate in a community and create something that is truly greater than its individual parts.”
The alternative, according to Kovitz, is to submit to domination by big business. “To me, that represents failure. And as we all know, failure is not an option.”
Membership in TNNWC is free.
About TNNWC Group, LLC: TNNWC Group, LLC is a comprehensive media and services provider conglomerate which addresses the needs of entrepreneurial businesses, emerging enterprises, and growing companies. Its homepage address is http://www.tnnwc.com. Some of the services provided include venture capital, building customer traffic and loyalty, and assisting companies with cultivating international connections and customers.
For Reprints of this Article: email kent@tnnwc.com.
Repeat Contact Information:
Contact Person: Kent Martin
Company Name: TNNWC Group, LLC / The National Networker Companies™
Telephone Number: 888.317.6495 (Extension 703)
Fax Number: 914.517.5944
Company Name: TNNWC Group, LLC / The National Networker Companies™
Telephone Number: 888.317.6495 (Extension 703)
Fax Number: 914.517.5944
# # #
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