Does Marketing 'Envy' Cause Poverty?


August 25, 2007

Until 9-11, and its ensuing epiphany, I wasn't much interested in economics. Then I quickly grasped that studying the arcane art of money and power was much more entertaining than watching any Hollywood thriller ever produced. Before stating anything else further, my belief is that economics and philosophy complete one another. Although some might argue otherwise, a diatribe as to whether 'Envy' belongs to the realm of philosophy or economics doesn't serve any real purpose at this stage. The bottom line is that 'envy' is detrimental to wallets and portfolios. As a matter of fact, in the Western culture, the world 'Envy' doesn't sound as bad as 'Jealousy'. In many instances 'envy' is even perceived as flattering. It has little to do with its initial meaning, which you will see can be highly threatening.

........ The Puppet-Bubbleites, which are the consumers feeding the multi-layer social pyramid by working hard and dreaming of success envy. They want to feel rich even if this implies having 2 or 3 jobs, living from paycheck to paycheck and buying from China while piling on debts every day more and more. The common man has no idea about the true meaning of 'inflation'. This is a world issue, no matter the culture or race. They applaud every time a lawmaker promises to deliver more IOUs. As a result there are now 600 T-R-I-L-L-I-O-N in unfunded liabilities at all levels of the global economy.

MORE-LONG
http://www.moneyfiles.org/sbk06.html
(many hyperlinks on original page)