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The Davos oligarchs fear the world they’ve made



The billionaires and corporate oligarchs meeting in Davos this week are getting worried about inequality. It might be hard to stomach that the overlords of a system that has delivered the widest global economic gulf in human history should be handwringing about the consequences of their own actions. But even the architects of the crisis-ridden international economic order are starting to see the dangers. It’s not just the maverick hedge-funder George Soros, who likes to describe himself as a class traitor. Paul Polman, Unilever chief executive, frets about the “capitalist threat to capitalism”. Christine Lagarde, the IMF managing director, fears capitalism might indeed carry Marx’s “seeds of its own destruction” and warns that something needs to be done.

In most of the world, labour’s share of national income has fallen continuously and wages have stagnated under this regime of privatisation, deregulation and low taxes on the rich. At the same time finance has sucked wealth from the public realm into the hands of a small minority, even as it has laid waste the rest of the economy. Now the evidence has piled up that not only is such appropriation of wealth a moral and social outrage, but it is fuelling social and climate conflict, wars, mass migration and political corruption, stunting health and life chances, increasing poverty, and widening gender and ethnic divides. The Guardian; Jan 22 http://bit.ly/1Jl5paz






The World Economic Forum at Davos has taken place just after the Sun’s ingress into sidereal Capricorn (“Capsolar”) on  January 15. The chart for the ingress has a Grand Cross straddling the meridian axis. The most prominent element of the Cross is the now familiar Uranus (Aries) –Pluto (Capricorn) square . This is a square that brings about mass movements for equality (Uranus) threatening institutions (Capricorn) that have become  too powerful and corrupt (Pluto). Here Pluto is in the 10th while Uranus is in the 12th house.

The tenth house [1] rules those in authority or positions of influence whether government or business leaders while the twelfth house [2] rules the weak and helpless, the disenfranchised, those in bondage or slavery.

The other elements of the Grand Cross are delineated by Martha Wescott as below completing the picture of the impending crisis that the news article points to.

Kronos-Pluto : to see abuses of power through misuse of office, position, laws and procedures.
Hades-Pluto-Uranus : Financial changes have not been for the better but have brought about a decline; to recognize that poverty or lack can motivate (or create) upheaval.
Hades-Kronos: to note disgust with leadership; to note the gap between the rich and the poor.



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