A satire of dysfunctional politics and economic disparity.
Chapter VII: Day/Page 66 CONTINUED FROM YESTERDAY. . . . But this time things would be different. This time the Alpha elites would not foolishly allow that precious new liquidity to dribble down to the lower levels of the economic heap, where the money was sure to be squandered by common simpletons who merely bought the things that they needed, rather than investing in them like the rich do. And so the elite One Percent kept for themselves all of the nation’s borrowed wealth, and generously reinvested that money in ever-greater, more-speculative, exceedingly-vacuous ventures, thus perpetuating the sanctified Dribble-Down system, albeit now without the dribble-down part.
And on and on it went like this for decades, concentrating evermore of the planet’s wealth and resources into the hands of fewer and fewer still, in what came to be called the “One Percent Solution.”
Unfortunately, though, despite the esteemed One Percent’s rapacious efforts and princely intentions to fuel the world’s economy by investing their prodigious wealth into job-creating ventures like building palatine mansions, mega-yachts, and private-jet planes, sadly, the unfortunate reality was that no matter how hard they tried—and no can say they didn’t try; no one can fault them for that—the fact remained that the One Percent were simply not able to conspicuously consume as much stuff, and in as wide a variety, as all the rest of the planet’s people combined.
And so, despite their impressively gluttonous efforts to consume all that the ninety-nine percent once did, inevitably the task was too great, even for the indomitable One Percent, and the intermittent dribbling drops became increasingly intermittent. As fewer drops dribbled down to the masses, those people gradually stopped doing their part to fuel the world’s economy, like buying food, shelter, and clothing. And although the One Percent generously tried to buy more things than they needed—more things than they even wanted or could possibly use—in a valorous attempt to make up for the economic slack caused by the worthless masses, or “slackers,” as the One Percent more commonly called them, ultimately the heavy burden of having to consume all that they could all the time, proved to be too moiling even for the glorious One Percent. And so, inevitably, intermittent drops ceased dribbling down and finally dried up altogether. Factories closed and shuttered their doors, production lines fell silent, and exiguous jobs became even scarcer still.
In times of plenty Princes leave for Paupers crumbs of worth; in times of want Princes leave for Paupers only dearth.
And so it was on the Blue Planet, too. . . .
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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