If there ever truly were consequences in the oligarchy of the US, the time for that is long gone now. There will be none.
Somewhat might be the understatement of the century.
I have a similar PoV. I think rent seeking without sufficient checks is one of the biggest problems in our economy. But the underlying problem that people aren't paid enough is still true. Outside a few fields, most…
No, yea that's fair. I think he'd be even more confounded about the current state of affairs though. Just my read.
I very much doubt that. There isn't enough class solidarity to pull it off. There will be a few who brand themselves as such. But actually seizing the means of production and handing them over to the people? -- The…
Is it not the dot com bubble pop?
The root of this started in the 70s as the New Deal coalition decayed and Keynesian economic theory fell out of favor among the elites. To be fair their were good reasons at the time to think it wasn't working either.
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If there ever truly were consequences in the oligarchy of the US, the time for that is long gone now. There will be none.
Somewhat might be the understatement of the century.
I have a similar PoV. I think rent seeking without sufficient checks is one of the biggest problems in our economy. But the underlying problem that people aren't paid enough is still true. Outside a few fields, most…
No, yea that's fair. I think he'd be even more confounded about the current state of affairs though. Just my read.
I very much doubt that. There isn't enough class solidarity to pull it off. There will be a few who brand themselves as such. But actually seizing the means of production and handing them over to the people? -- The…
Is it not the dot com bubble pop?
The root of this started in the 70s as the New Deal coalition decayed and Keynesian economic theory fell out of favor among the elites. To be fair their were good reasons at the time to think it wasn't working either.
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