Summary: The concentration of wealth and power during the past forty years continues, even accellerates. Anyone familiar with history can see how this will change America. Now we enter the next stage. Like the plutocrats of the gilded age, they claim virtue and efficiency in addition to wealth. Such as Peter Thiel, speaking as a …
The voice of plutocrats yearning for dominance and control Read More »
Summary: Corporate power is concentrating in America, quite suitable for society with growing inequality of wealth and income. A new business structure for a new society. Today we look at some examples. This is one of the drivers of increasing concentration of wealth and power in America, pushing America from Republic to Plutocracy. Cartels and …
The new American economy: concentrating business power to suit an unequal society Read More »
Summary: Journalism in a plutocracy is reporting of court news by courtiers. Boot-licking of the powerful by the ambitious. But there is always a remnant. One such is Glenn Greenwald at Salon. His recent reporting on the pre-attack-on-Iran propaganda has been essential reading for citizens. Today he breaks another important story. Salon supports him by going …
Summary: We can all learn much from reading Lord of the Rings about the new America now emerging. A stratified society, with great and small people. Tolkien, ever the realist, shows how the small people can prosper in the 21st century — as America comes to resemble Middle Earth. Always on the top of my reading list …
Why Americans should love Tolkien’s Lord of the Rings – we live there Read More »
Summary: The article excerpted here provides a powerful explanation for the evolution of our political system during the past 35 years to favor the super-rich, becoming in effect a plutocracy. It even provides an excuse for us, the citizens. If you consider ignorance and apathy to be excuses. Review by David Runciman (teaches politics at Cambridge) …
Origins of what may become the 3rd American Republic (a plutocracy) Read More »
