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How a Quest by Elites Is Driving ‘Brexit’ and Trump

nytimes.com

141–145 of 145 posts

Re: How a Quest by Elites Is Driving ‘Brexit’ and Trump

#141

Earlier quoted context omitted.

Bezos is a person of color?

Hispanic is color, right?

> Hispanic is color, right?

Hispanics are typically within the scope of what is referred to by "people of color", sure, but I've never heard that Bezos identifies as Hispanic or has Hispanic ancestry (a stepfather is not an ancestor...)

Re: How a Quest by Elites Is Driving ‘Brexit’ and Trump

#142
post #91
post #72

Earlier quoted context omitted.

> are a way of saying "let's watch the elite's world and system collapse on itself" I don't think people want to replace the elites with void. Maybe that's the case for nihilistic, fringe far-right or far-left parties. But when majorities or near majorities are voting for Trump or Brexit, they want to replace the elites with something else `. It's funny to watch the elites suddenly renouncing democracy because she st…

Replacing the "elite" with an underspecified, possibly unachievable "something else" is begging for a void. Come on, we're software engineers; we know how crazy it is to turn off a working system without having a viable plan for its replacement.

Replace the elites with less income inequality, id est no elites.

Re: How a Quest by Elites Is Driving ‘Brexit’ and Trump

#143
post #91
post #72

Earlier quoted context omitted.

> are a way of saying "let's watch the elite's world and system collapse on itself" I don't think people want to replace the elites with void. Maybe that's the case for nihilistic, fringe far-right or far-left parties. But when majorities or near majorities are voting for Trump or Brexit, they want to replace the elites with something else `. It's funny to watch the elites suddenly renouncing democracy because she st…

Replacing the "elite" with an underspecified, possibly unachievable "something else" is begging for a void. Come on, we're software engineers; we know how crazy it is to turn off a working system without having a viable plan for its replacement.

We also know that management will never approve a replacement until the working system burns down.

Re: How a Quest by Elites Is Driving ‘Brexit’ and Trump

#144

Quote from OA "Voters in large numbers have been rejecting much of the underlying logic behind a dynamic globalized economy that on paper seems to make the world much richer." In the UK, we don't actually know why 17+ million chose to tick the leave box. My conversations with a handful of people who did vote leave suggest a range of reasons from immigration, through to 'loss of control'. Macroeconomic policy does not…

[deleted]

Re: How a Quest by Elites Is Driving ‘Brexit’ and Trump

#145
It might have something to do with the fact that the weaker the economy gets the more the rich get rich and people know it. Whether they recognize that it through inflating of the stock market, bonds and real estate with cheap credit or not.

Central bankers can't seem to get it into their thick heads that their 'wealth effect' is a 'poverty effect' for those who didn't get the chance to own those assets before they pumped them up out of reach.

The fact that the central banks of Japan and Switzerland own most of the companies that we are employed by and pay money to thanks to their ability to create money out of nothing should make people angry.

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