jessescrossroadscafe.blogspot.com / By Jesse / February 26, 2013
“Even as President Obama’s talking points champion the middle class and condemn how our economy caters to the very rich, modern American capitalism is a story of continued inequality and hardship. Even a modest increase in the minimum wage — as suggested by the president — faces opposition from those who seem to show allegiance first and foremost to America’s wealthy and powerful.”
Bill Moyers, Taming Capitalism Run Wild
A symphony of greed.
I would lay the failure of capitalism, or more properly the lapse of market capitalism into crony capitalism and corporatism, at altar of the triumvirate of the false gods of modern economics: globalization, fiat currencies, and naturally efficient markets.
And the most insidious trend is the adoption of a Darwinian rationalization to the outcome of this flawed set of policies, which will very possibly result in yet another century of turmoil, degradation, and blood.