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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