OWS: The One Percent
What they are truly demonstrating is the vast failure of the education system. They have no global perspective or understanding of their historical position. They fail to understand THEY are the 1%. My Che Guevara looking friend to the left here stands to earn $1.6 million more in his lifetime than his high school party buddies who did not go to college. This means, on average he will earn $35,500 more a year than his high school counterpart will, and this is just the American part of the story. The average world citizen earns $7,000 a year right now and that is highly skewed, the median income is much lower. Only 19 percent of the global population lives in a country with mean per capita earnings greater than $7,000. Che is among the 20 to 25 percent of Americans that attend college and, assuming he graduates, will be in the upper income strata, likely the upper 20 percent. So, Che here is in the upper 20 percent of the upper 19 percent, which means, globally speaking, he will be among the wealthiest 4 percent in the world. Just like his Woodstock grandparents who became the BMW driving yuppies, he will protest and rail against the man or rage against the machine or whatever and then go earn a very good living over his lifetime and all of it brought to him by capitalism.
Yep ... sounds about
right.