Thursday, September 15, 2011

The Covetous Class

The recent outcry at the IPO of Groupon and the all-around discontent in the United States helped me to come to the realizations I will put forth in this post. I’m certain that what I say will not sit well with some, primarily because I attacked some basic premises of what it is to be an American… but I do believe that what I’m claiming tends toward truth. The basic idea boils down to this: all people are covetous, but the middle class tends to exemplify this. The rich, knowing of this fact, pit the middle class against itself to create political turmoil which upsets elections and sways opinion to whom the wealthy desire.



The evidence of this so called covetous class is fairly self-evident. Take my recent example of the Groupon IPO. Why is Groupon so overvalued?? Well, this overvalue stems from the American moral of the “good deal.” People love to save money whenever possible, which in its own right is an aspirational goal. However, the problem with a system like Groupon is that the noble goal of making a wise purchase for a good price becomes a witch-hunt for the lowest price, no exceptions. Deal seeking has become an epidemic especially given the dire state of the economy. Little to no care is given to the vendor, all that is important is the final price tag. Common human decency has failed yet again.

Now why though did I attack the middle class? Well, the premier deal-whores reside deep in the heart of the… you guessed it, the middle class. (Keep in mind that I’m attacking myself here, as well). Essentially since politicians are blissfully aware of the state of the middle class is, they are fully capable of exploiting it. Rather than a sense of unity, the middle class treats others in its ranks as alien… the group is fragmented. How can we plan to ever unit against the tyrants of society if we’re not even capable of treating one another with a since of common decency!

0 comments: