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EKBTV/The Fruifly Store Artist/Producer read the Blog at http://ekbtv.blogspot.com/ SUBSCRIBE FREE to EKBTV. Broadband Entertainment for the 21st Century. www.youtube.com/justbernard Bernard and everyone involved with EKBTV is someone who recognizes there IS a social problem and uses entrepreneurial principles to organize, create, and manage a venture to make social change. Whereas most business ventures typically measure performance in profit and return, social entrepreneurs such as Bernard assess their success in terms of the impact they have on society. EKBTV attempts to inspire activism and introspection through several media formats. The EKBTV You Tube Channel is where it all started with iEvolve Visual Art for Human Evolution ( Audio Visual Art Video's ) and is the current homesite for EKBTV. The address for the EKBTV You Tube channel is www.youtube.com/justbernard One of MANY issues EKBTV deals with is globalization and economic inequality. Here' s blurb from TIG. -Many economist believe in the “trickle down theory” when it comes to economic growth. It contends that all people within a state benefit from economic growth. The recent occurrences in the US economy though show otherwise. Even with the economic boom in the 1990s all the wealth created were concentrated further in the hands of the extremely wealthy, while at the same time a marked decrease in the standard of living of most below middleclass workers. Even with the unprecedented growth of the 1990s the standard of living decreased for average workers as social insurance coverage decreases, pension plans are being axed, retirement pushed further, real wages remain stagnant. While the well off have become better off and the rich have become opulently so, the middle and lower groups have continued. For example, the real wage of workers when adjusted for inflation was lower than the 1970s. Wealth of the richest 1 percent has skyrocketed, while personal and consumer debt has continued to grow for those in the middle and bottom. The real problem is the double standard that exists when employees are paid. When economic times are lean jobs are cut in order to cut costs. However, upper management bonuses remain on the payroll, as do the stock options. It has been argued that most people are willing to accept income inequality when the system cannot be manipulated to favour those who already hold wealth. The present economic polices by both the public and private sector demonstrate that that people may no longer be willing to accept it.
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