A satire of dysfunctional politics and economic disparity.
Chapter VII: Day/Page 65 CONTINUED FROM YESTERDAY. . . . Why the masses of people in the middle or bottom of the pyramidal economic heap agreed to such a trickling, trifling proposal is unclear, but to the credit and vision of those who so arduously promoted the scheme, the initiative delivered exactly as they had promised.
And so, over the decades that followed, those who had energetically backed the plan, along with everyone else in the middle and bottom, got exactly what they had asked for—an economic “dribble”—defined as something which “falls or flows in intermittent drops.” No doubt about it, the plan worked precisely as intended. As evermore of the nation’s wealth was lavished into the hands of the rich at the top, the rest of the people—the vast majority of society—got intermittent drops.
Success! Bravo! Well done! Kudos to all. Dribble-Down Theory works.
It is no longer a theory at all.
Owing to the plan’s brilliant success, the economic policies of Dribble-Down Theory were subsequently and enthusiastically adopted by wealthy powerful elites up north in the nation-states comprising “The Federacy;” as well as in the central region of “Equitor”—where Bellapraia is—and elsewhere around the globe. And so, over time, drop by drop, just as the plan had promised, the wealth of nations was steadily concentrated into the powerful hands of fewer and fewer people. True to their word, this handful of Alpha elites, this “One Percent,” as they came to be called, invested that prodigious wealth into a variety of speculative ventures—some smart, some daft, many exceedingly convoluted and obtuse—but all with the intended effect of producing buckets of wealth at the top, which, in turn, could be poured back onto the pinnacle of the economic heap, thus yielding dribbling drops below.
Occasionally, resulting from either bad luck or providential design, depending on whom you asked, but never the fault of any particular person, especially the esteemed One Percent at the top, one or more of these vacuous ventures would inexplicably implode, drying up much of the planet’s DDT liquidity, and threatening a collapse of the economic system upon which Dribble-Down Theory was founded.
As everyone knows, for DDT to work effectively there needs to be a torrent of treasure lavished onto the top, because without flooding on the summit there are no intermittent drops. And without drops dribbling down, well, obviously, you no longer have DDT, and that simply will not do. Therefore, when these periodic, inexplicable economic bubbles burst and bust, through no fault of anyone’s doing, the governments of several nations, under the pressure and guidance of the elite One Percent, and using the nation and its people as collateral, interceded in the distributive plan to turn on the spigot again, thus showering the country’s borrowed wealth back onto the zenith once more.
But this time things would be different. . . .
TO BE CONTINUED TOMORROW
This book is a work of fiction. Names, characters, businesses, organizations, places, events, and incidents either are the product of the author’s imagination or are used fictitiously. Any resemblance to actual persons, living or dead, events, or locales is entirely coincidental.
Copyright © 2013 by Gregory James
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