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real-world economics lesson from the thrift store

By krkrbt in krkrbt's Diary
Mon Nov 13, 2006 at 07:20:55 PM EST
Tags: used books, thrift store, antique electronics, globalization, teh inflation (all tags)

This started out as a diary, but the queue was empty last night so I put it there. A zombie commented that "the whole theory of a ruling class allowing us just enough wealth to keep us docile is an interesting one," but that my delivery failed it.  Didn't get it at first, but upon further consideration I realized that my piece really was a diary entry, and needs a whole different approach to be a good story. So I'm pulling for a re-write.

Inside: story text about yesterday's fateful trip to Goodwill.

Poll: are you being screwed?


Second hand stores hold a strange attraction for me. The merchandise is always changing, so every visit is like a treasure hunt.

I was outside my usual stomping grounds today and noticed a Goodwill on my left. There were the usual racks of clothes, then shelves with housewares, then some electronics. "I was going to look for something in this section. ?" A minute later - "ah yes, Grandpa wants a corded phone to replace his scratchy made in china cordless POS". They wanted $4 for a no-frills handset, and half-off day is only a week away, so I decided to wait.

Elsewhere in the electronics section was an antique modem, an external U.S. Robotics Courier v.Everything - the creme de la creme of analog modems, circa 1994.

Inside: How the modem is related to the found copy of David Hapgood's 1973 book, The Screwing of the Average Man: Who's doing it to us. How they do it. Why we let it happen.

---------------

I usually look to see where things are/were made. The modem had a jumble of information on the bottom - explanations of the dip switch settings, modem commands (ATH0, ATDT, etc), and so forth. There was so much text that I thought the information I was searching for wasn't there... But after a bit I found it in the upper-left corner: "made in USA". How quaint - the relic was assembled in the country that mostly invented the product genre. In the dozen intervening years, U.S. Robotics has outsourced their production to companies in China.

On one of the clothes racks I noticed a 6-port SMC ethernet hub. When I pulled away the hard double-sided tape, "Assembled in USA" was revealed.

My last stop was at the bookcases. Thrift shops are my favorite place to find books because they're mostly dirt-cheap, and because they have many titles that are long out of print. Goodwill's books are kind of expensive - $2 for hardbacks, $1 for paperbacks, whereas Salvation Army is usually half that - but I take what I find where I find it.

From the rear cover of Mr. Hapgood's Screwing of the Average Man:

"The Screwing of the Average Man is the best account I have seen of how the system is rigged from maternity ward to beyond the grave to keep most of us broke so the rich can go on getting richer. Only a person with more than $200,000 a year can read it without weeping." -Russell Baker
$200k in '73 is between $450k and $900k or more today, when adjusted for teh inflation (using this calculator, for example). It's hard to say how $200k in '73 compares to today because the government statisticians keep changing the yardsticks [full, pdf] [partial, html], but even the lower number gives a good indication of the U.S. Feral Government's mismanagement of the U.S. "Dollar".

From the inside flaps:

If you earn your living by drawing a salary, you're probably being screwed. If you aren't rich and powerful, you're almost certainly being screwed.

The Screwing of the Average Man

This book tells you how it's being done with a literate wit that once you stop laughing will make your blood boil.

It's the first book to expose all the major screwings the average man is heir to -- including those inflicted by lawyers, doctors, bankers, and many other "experts", as well as those by the government.  It also explains why the average man, unlike the poor, doesn't know he's being screwed.

The average man is given just enough crumbs from the table of the mighty to keep him hoping for more instead of complaining about the little he's getting. For example, his $50 tax deduction silences protest he should be making about the millions saved by the rich. Today's average man is like the ante-bellum "house nigger", so grateful to be inside with the rich folks that he forgets he's still a slave. After reading this book, he'll never again forget.

(See back flap for the Vocabulary of SCREWING)
---------------

YOUTOOISM:  1. The belief that whatever applies to the rich applies to the average man, too. 2. The strategy for seducing people into accepting their own screwing. It consists of giving the average man just enough of a break to convince him he's benefiting from the system.

CATCH-85: The fallacy in youtooism. Under Catch-85, the number of people who benefit from a special privilege is limited to no more than (usually the wealthiest) 15 percent of the population.

NET SCREWING: The situation 85 percent of the population is in. Because we're allowed to win a little every now and then (*1), we don't realize how much we're being rooked in all our other transactions.

CAROM SCREWING: One screwing that leads by chain reaction to another. For example, when cars are made flimsy in order to sell more parts, the customer is exposed to greater loss from two other screwings: auto insurance and the repairs industry.

WORDNOISE: Verbal fakery designed to mask reality. One example is your insurance contract, and another is what the agent says when you ask him what the contract means.

If Hapgood had written his book in the last 10 years, he certainly would've added a couple chapters on how "globalization" screws the Average American.

12 years ago, U.S. Robotics paid Average Americans to assemble their modems. Courier v.Everything modems were expensive, but because many people had jobs that paid well, if an individual really wanted or needed the Cadillac (er, Lexus? Mercedes? Porsche?) of modems, they'd budget accordingly and save their pennies.

The transition to the present economic status quo started around 1995 when the Feral Reserve bank started to inflate the money supply.  That time period correlates roughly with George H.W. Bush and William Jefferson Clinton's betrayal of Average Americans by opening the borders to unrestricted trade. Traitor Bush negotiated the North American "Free" Trade Agreement, and Traitor Clinton forced NA'F'TA implementation bills through congress. The World Trade Organization was also founded in 1995.  

Before long, U.S. Robotics' executives had no choice but to fire all of their well-paid Average American assemblers and relocate production to China/Asia, to keep their company competitive with the flood of imported goods.

Most Average Americans don't realize how we're being screwed by Globalization because the economy had been remarkably resilient. Business Week proclaimed a "new economy" in service/information jobs when manufacturing started fleeing the United States. My father's new neighbor used to manage a machine shop that stamped out parts for computer cases. Now he's a realtor - my impression is that the career transition was not voluntary. Record U.S. trade and U.S. Feral Government budget deficits should indicate that this resiliency is only temporary.

Many of us "doom-and-gloomers" believe that a recession is inevitable, or (according to the shadow stats guy) is already underway. While recessions create temporary hardships for Average Americans (and people living in other geographic locales too), this coming economic restructuring is of critical importance to re-allocate stolen wealth back into the pockets of Average Americans.

---------------

Goodwill had their book priced for two Feral Reserve Notes. If I'd realized the cashier was only going to charge me for one, I would've gotten the book on Hillary Clinton too ("amoral power-hungry bitch", if my skimming was accurate). Perhaps I will return for it tomorrow. Clinton's certainly running for President; I wonder what a recall campaign would do for her political ambitions...

(*1) Democrat candidates' victories last week might qualify.  See speculations on why the democrats were 'allowed' to take control of the congress: Cheney's Revenge and The Republicans Took a Dive.

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Poll
Are you being screwed?
o yes 58%
o no 8%
o lol what? 16%
o kind of 0%
o not really 8%
o didn't think so, but 6 years into GWB's tenure, I'm starting to wonder... 8%
o WIPO 0%

Votes: 12
Results | Other Polls

Related Links
o A zombie commented
o Goodwill
o external U.S. Robotics Courier v.Everything
o on the bottom
o dip switch
o this calculator
o keep changing the yardsticks [full, pdf]
o [partial, html]
o *1
o inflate the money supply
o forced NA'F'TA implementation bills through congress
o World Trade Organization
o Cheney's Revenge
o The Republicans Took a Dive
o krkrbt's Diary


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real-world economics lesson from the thrift store | 12 comments (12 topical, editorial, 0 hidden)
Boo Hoo. Bwa Haa. Oh grow up. (2.14 / 7) (#1)
by mr strange on Mon Nov 13, 2006 at 07:39:47 PM EST

Free trade doesn't screw you. Lots of poor people around the world might be getting screwed by Free Trade, but you and 99% of the other Americans aren't one of them.

Americans make shoddy goods. Your factory workers work long, unproductive hours and nobody wants to buy their overpriced crap. Fakey smiley customer service isn't enough to make up for your rustbucket cars, or your clunky mobile phones.

Stop feeling nostalgic for a bygone age. Work out what you are good at[1] and concentrate on that. That's what everyone else has to do. Learn to live with it.

[1] - Hint, invading other people's countries doesn't look like it's in your strong suit. You might want to put that option on the back-burner.

intrigued by your idea that fascism is feminine - livus

Still needs to be fleshed out a bit (none / 0) (#2)
by greengrass on Mon Nov 13, 2006 at 07:43:50 PM EST

but good article. Did you get to hear the Chomsky talk?

Interesing article... (none / 0) (#4)
by superdiva on Mon Nov 13, 2006 at 08:30:39 PM EST

I hope you resubmit to the modqueue.
_____________________________________________

psych-e.org
Just now at the grocery store (none / 1) (#5)
by BottleRocket on Mon Nov 13, 2006 at 08:54:01 PM EST

Ziti, 2 for $1. When I get to the counter, they are $1.09 apiece. Because, the prick store owner explains, the special is if you spend $10 or more.

"They get you every way you turn," I tell him.

He gives me a half smile. "Thank you, and have a nice day."

I glared at him.

$ . . . . . $ . . . . . $ . . . . . $
. ₩ . . . . . ¥ . . . . . € . . . . . § . . . . . £
. . . . * . . . . . * . . . . . * . . . . . * . . . . . *
$ . . . . .
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Yes I do download [child pornography], but I don't keep it any longer than I need to, so it can yield insight as to how to find more. --MDC
$ . . . . .
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. . . . * . . . . . * . . . . . * . . . . . * . . . . . *
. ₩ . . . . . ¥ . . . . . € . . . . . § . . . . . £
$ . . . . . $ . . . . . $ . . . . . $
$B R Σ III$

Not convinced. (none / 0) (#10)
by Entendre Entendre on Wed Nov 15, 2006 at 02:21:38 AM EST

Honda is making cars in Ohio, and Toyota is building a new plant in Texas. GM and Ford are burning through money like a bank on fire. Free trade is not a problem, it's a solution.

Eventually, it doesn't matter how good you are at making widgets (or how good USR was at making modems). Someone is going to find a way to make them better, or good-enough-and-lots-cheaper. At that point, people buy the better and/or cheaper ones. The fact that great things (like modems) eventually become cheap (like from Asia) is a good thing, and I'm deeply skeptical of any attempt to "fix" that.

I'm curious how you think the average man's position can be improved. Do you see a way to increase equality without taking away freedom?

If y'all got your way, back in 1995, would people still have to save up to afford a good 56k modem here in 2005?

Nobody has to do that today, and I think that's a good thing. Heck, most people with broadband still have a reliable modem, because it's almost as cheap to put one in every computer as it is to buy one separately.

(But for the sake of completeness I'll admit that I do have some serious issues w/ the free trade idea. Mostly related to the fact that wages and environmental standards may remain artificially low in states where people can't vote to strengthen labor laws and environmental laws. I'm not sure protectionism on our part would do anything to help, though.)

--
Reduce firearm violence: aim carefully.

real-world economics lesson from the thrift store | 12 comments (12 topical, 0 editorial, 0 hidden)
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