"The Last Ditch" has posted an excellent piece on the vital role of aspiration, and parental expectation. I comment:
Can I suggest that socialism is not the only stifler of initiative? The bankers' economy we now have has buried the populace under debt, and at the same time bought the political class so that they have permitted large-scale economic immigration to keep down wage rates, sustain unemployment among the indigenous population and maintain profits for the owners of large businesses. So it becomes easier for negative thinking among the poor to justify itself. Positive thinking is great, as long as you still have a chance; fewer now have that chance.
The "boom" of the last 30 years or so (with occasional pauses) has been a binge that, while enriching a minority, has left most without the realistic prospect of independence in this country. The "crony capitalism" in the UK and USA is in danger of laying the foundation of socialist regimes in both countries.
Chapman Pincher should update his book "Their Trade Is Treason" to include members of our current plutarchy.
A propos: see A K Haart's insightful piece on social control as a form of business enterprise that like other businesses, seeks to expand endlessly; and The Economic Collapse blog on debt as a form of social control, the crippling personal cost of even moderate debt.
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