Your Qna     New Questions     About Qna
EQNA is a growing interactive people-knowledge network with more than 120,000 questions and 450,000 answers from over 55,000 members worldwide. With all friendly functions, EQNA will be a fun place to join, share and discover knowledge, an open net space allowing you to connect with other people having specialized knowledge or ones with same interests to yours. EQNA login features secured logins using Twitter and Facebook enable you to place questions without sharing your personal information to us. Lets get out and join our community today!
Ask a Question
OB

Do you think it is in the interest of the powerfully rich ruling elite that we prosper?

Trina:

Hello Adam.
I think Socrates said it best in Plato's Republic with the cave analogy.
As long as a general populace is kept "content" watching the shadows, those that control the shadows can prosper and hold their power.

Once someone has wealth and power...they will not easily give it up.

Trina:

I'll give you a perfect example; Severance taxation.
The combined profit of the major companies that provide petroleum and oil, Exxon, Chevron, EnCana, etc, will be up to 100 billion within this next year.
The average family here in America will spend about 3,000 a year on gas, with no foreseeable tax benefit to them.
In order to "control" the wealth of these industries there is a little known tax collection called "Severance" that is designed to capture at least some of that profit when it involves a non-renewable resource (such as oil). So far only a few states (New Mexico and Wyoming being the two main ones) have actually acted upon this benefit.

Other states like Colorado only take a small percentage of what is "rightfully" theirs from the severance tax and apply it to their local government. Why? What is keeping them from "partaking" in this wealth?

The companies have "piggybacked" on the property taxes and have done well at concealing their profits by "extensions". The state of Colorado alone has 1.3 Billion dollars owed to it from the oil taken out of it's land.

An interesting side note here; Colorado right now is struggling to meet it's education, health care, and road budgets.

The "rich" do not want that money "claimed". They are much happier knowing that most states do not "know" of this little benefit.

OB:

Thank you Trina for a very useful answer.

OB:

And Trina, a very warm hello to you too.

Bewitched:

No. It is in the interest of the wealthy that they prosper. They want things to continue the way they are. An educated and powerful public is dangerous to the wealthy. An educated public starts to have questions and wants answers.
"...so long as power remains privately concentrated, everybody, everybody, has to be committed to one overriding goal: and that’s to make sure that the rich folk are happy -- because unless they are, nobody else is going to get anything. So if you’re a homeless person sleeping in the streets of Manhattan, let’s say, your first concern must be that the guys in the mansions are happy -- because if they’re happy, then they’ll invest, and the economy will work, and things will function, and then maybe something will trickle down to you somewhere along the line. But if they’re not happy, everything’s going to grind to a halt, and you’re not even going to get anything trickling”
-Noam Chomsky

OB:

Hmmm,... interesting... but wouldn't that increase the chance of a revolution.

Bewitched:

Yes, it would. The thing is, the military would quash any revolt.

OB:

So, say in our country of 300 millions the military will succeed in what they couldn't in a country of 20 millions (Iraq). Hmmm a problem there mate, but by far one of the most interesting point I have read here for a long time. Good to see here.

Bewitched:

Do you think a revolution is possible?

OB:

I think the answer to this question is contextual. European mentality historically loathed tyranny and oppression more than death, so I would say yes.

RazzOne™:

I'd like to answer, Adam, but first please tell me who is this "powerfully rich ruling elite"? The US is ruled by elected officials, who include people from all walks of life, the rich as well as poor. Also, there are millions of millionaires in this country, who represent many diverse businesses, trades and industries. There are also quiet a few billionaires, who all also represent different industries and businesses. However, it is irrational to think that they all are one homogenous group of people, who could play the tables in a way that they keep all the winnings and the rest of us just keep loosing. To think this way, one would have to believe that these millionaires and billionaires do not want to compete within themselves, which is ridiculous. Example - Bill Gates wants to make money off every computer built by adding on his Microsoft software. Well, Steve Jobs of Apple doesn't want Bill to take all the money, so he develops a better software and steals as much of Microsoft's market as possible. This in turn forces Microsoft to (a) improve their own software and (b) keep prices low. Guess the ones who win are all the buyers of new computers, as they now have constantly improving software, at the lowest possible prices feasible. As long as Bill Gates and Steve Jobs are kept from colluding among themselves, everybody prospers from their competition and from our business model.

Bewitched:

O.K., but elected officials are in the pockets of companies that lobby for special interests. Elected officials do not really mean much when they are the puppets of the wealthy.

OB:

Wow Blixa, my liking of your mind is increasing by the minute. What can I say I can't add more to your comment. Thank you.

RazzOne™:

But Blixa, wouldn't the effect of different companies be differing and opposing in themselves? The pull of one company will be offset, if not neutralized by that of its competitor. Also, there is more than one center of power - so, the president may support one company's position, but the other companies will lobby opposing powers such as opposition heads, local or state goverments and so on. In other words, I believe there is a flaw in viewing "companies", as well as "elected officials" as monolithic groups incapable of competing within themselves.

That said, do some people / organizations have more influence over policies than others, even though these policies affect us all equally? Certainly! But then if you can show me a better system than ours, please do so.

Trina:

Good point Trepid.

Bewitched:

I agree. You do make a good point, but companies should not be in the equation in the first place. Our policies should not be based on a corporate tug of war.

Trina:

Yes Blixa..I too, ideally would like that....however...the way the system is set up now they "need" coroprate sponsers in order to even make a dent in the "impressionable" voting populace...this requires lots of money....which is in "control" by the corportations. (deep sigh)...ha....it's like a catch 22!!!

RazzOne™:

Blixa, perhaps you are right and no companies should be allowed to "enter the equation", as you state. But there is another, perhaps more valuable reason for companies to be involved in the political system than what Trina mentions. It is as follows: in as much as every citizen is "equal" [sic] in a democracy, so also every company is "equal" in an economy. The legislature's job is to pass / refine laws as required from time to time, in order to ensure that the "covenants of citizenship" (freedoms guaranteed in the constitution, the benefits of being a citizen and the responsibilities of every citizen) are protected. In a similar way, the legislature also has the duty to pass / refine laws that pertain to the economy, and to ensure that a level playing field is provided to the companies so that they can compete and prosper on their individual strengths, rather than unfair protections that some some few companies may have.

Once you understand this, isn't there a parallel between the voters interacting with candidates and supporting the ones they like with personal donations, and the companies doing the same and supporting with corporate donations? I am not necessarily justifying lobbying or corporate donations, but these probably are the reason they were allowed in our system.

Where the whole "equation" goes wrong, in my opinion, is when the companies pander to corruptible politicians expecting not a level playing ground, but actually a ground tipped in their favor in return for their contributions. And the only way to guard against this is to ensure we take a good look at who is contributing to which candidate, including special interest groups (who represent a particular group of citizens, as opposed to the rest of us) and companies. It necessarily has to be a decision that we have to make on the individual corruptibility as we perceive of each candidate.

Bewitched:

Trepid, it is thinkers like you that make getting on here worth it. Yes, voters can also donate to their candidates of choice.
I agree with your assessment of the equation going wrong. The problem then becomes one of amounts of money. The companies/voters with more money to give are going to have their voices heard. The rest go on ignored. Sadly, this happens pretty often. It's the, "You scratch my back, and I'll scratch yours," effect. Then it's just business as usual in politics.

RazzOne™:

Thanks, Blixa - but I wouldn't hang around here if it weren't for other thinkers like you. Yes, I agree that enormous amounts of money will beget undue influence. I think better regulation, legislation and disclosure should improve the situation. Criado had a very good solution at the following link:
http://qna.live.com/ShowQuestion.aspx?qid=63DBE058759241B6B5B6427E2F41​7E0F

Bewitched:

I know. I didn't notice his good response until after I put this last one up.

Russ:

Without that, it would once again become a matter of:
"A Specter is haunting Europe..."
sound familiar ?

Dingo:

hi there Russ

Dingo:

no when we do bad they rake in all the money

OB:

Interesting!! Expand on that point please.

Dudemann:

if there is no poor people who is going to do all the work.by the way the rich shouldn't be controling the government like we have in washington right now.

Sequoia:

No why should the rich elite care about us?

OB:

Good question. Thank you.

Sequoia:

You are welcome Adam!

No skinny:

Yes I do, Is not that the reason the Federal Reserve Bank was created by the American Government and turned over to privately owned Banks and bankers. The saying he who controls the money will control the world. Look at all the money the politicians raise for their campaign. Well that is enough to let you see how I feel. My trust is not in them but in the soon coming Christ!! Have a great day ADAM.

OB:

And a good day to you too Sir, and thank you for answering.

Isabelle:

Of course not! A rich society means a powerful one! In this case who will they control? The control is in the difference that sets them apart! If there is no difference, there is no control... and then what? 

OB:

Thank you Monica for your answer and I like it, but I wish you could expand on it.

Jesse:

Trina beat me to it. What the rich know, they aren't sharing--our ignorance is bliss to them.

RazzOne™:

I believe you are a little misled, asounder. The ones who know more will definitely benefit from those who don't. However, what is required to level the playing field here is just for us to learn more. In Trina's analogy, what is stopping YOU from snapping out of "watching the shadows" and to walking over to behind the screen to see how the shadows are being made?

Answer:
Text ColorBackground Color
BoldItalicUnderline
LeftCenterRightJustify
Ordered ListBulleted List
IndentOutdent
Horizontal Rule
SubscriptSuperscript
HyperlinkImage
Design ModeDesign
Html ModeHtml
 

Top Question And Answer

  • How would you target your audience using a presentation to take interest in your company?
  • Did the Bank of England, BOE keep interest rates the same?
  • In the business sense what does "NPOI" stand for? presumably Net Profit something Interest ? Thanks.
  • Do i send a thank you note to someone who has expressed interest after the had reviewed my resume
  • I found quite a few quilt tops from great grandma - any interest in these?
  • Efforts by the Federal Reserve System to control the money supply and interest rates are known as?
  • How can I appeal a incompetant ruling of a SC judge in a divorce property settlement hearing.
  • Please tell me, What was the final ruling in the San franscisco superior ct, case No. 769-529
  • What do you think of the Pope's latest ruling that only Catholics are true Christians?
  • What's the ruling?
  • What do you think of the Islamic ruling that a man that threw acid in a woman's face be punished by
  • how do I find a ruling from the Supreme Court in the Brighton Handbags vrs Kay's Kloset.
  • Any one heard of Prosper.com (The new banking on line)?
  • I want to buy a bag,what is the baghttp:www.goyardreplicasale.com/Grade-Quality-Goyard-Saigon-Tote-Bag-PM-8941-Black/196/index.html
  • How is it:www.topreplicagears.com
  • Www.mokahandbags .com
  • Facebook new account opening form
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • how do I get mms message fro. mmsweb.iwireless.com
  • Find out how many cars of my model are registered
  • What would happen if a letter opens in the mail
  • Facebook new account open
  • Facebook New Account Creation
  • Facebook new account creation
  • locating a business that closed