If at least 50% of the impoverished, soon to be destitute British public is concerned about all this, why do I not hear cries of outrage & anger?
Oh brother....do we have a long hard way to go.
They're all so engrossed in their Farcebook "games", they don't even realise what is going on!
I was chastised by my son for getting angry about it.
"People come on Farcebook*" for "fun" is what he told me.
*Actually he said "Facebook".
Facebook, BBM, Twitter, SMS, etc., the new opiates of the masses
The extent to which people spend their time in activities that are neither economically productive nor learning/teaching must be an indicator of decadence. I would contend that Facebook et al are major enablers of increasing decadence (I have three teenage children !!) and can only presage the even more rapid decline of western social democracies.
There will be a Facebook IPO later this year that might raise around $10billion for Zuckerberg (aka hoover $10bn out of the productive economy). Raising money in this way used to be to enable companies to increase their production in some way and therefore expand the overall economy. The only value Facebook has is as a vehicle for advertising, which of itself will increase costs and therefore effectively contract the economy.