Kevin Phillips' book Wealth and Democracy: A Political History of the American Rich http://a.co/1wny0Iz details how the creation of the middle class was (three times) a deliberate policy choice. As we're now seeing, Freedom Markets™ leads to inequality, consolidation, monopolies, destruction of the middle class.
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I subscribe to Scott Galloway's (L2 Inc) views on our winner takes all economy.
We've given FANG and a few others an extended tax holiday. Because apparently they're just that awesome.
The remedy (radical cachectomy, restoration of capitalism) will happen when all the other corporations, who somehow manage to carry their own weight, finally band together and demand fair treatment.
Can't believe we're now dependent on the likes of Walmart coming to our rescue.
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I subscribe to Scott Galloway's (L2 Inc) views on our winner takes all economy. We've given FANG and a few others an extended tax holiday. Because apparently they're just that awesome.
The remedy (radical cachectomy, restoration of capitalism) will happen when all the other corporations, who somehow manage to carry their own weight, finally band together and demand fair treatment.
Can't believe we're now dependent on the likes of Walmart coming to our rescue.