27-Mar-2009

Oligarchy

When will the revolution happen here? Or has it already occurred and we don't even know about it?
The reality is that the worldwide economic meltdown and the bailout that followed were together a kind of revolution, a coup d'├ętat. They cemented and formalized a political trend that has been snowballing for decades: the gradual takeover of the government by a small class of connected insiders, who used money to control elections, buy influence and systematically weaken financial regulations.
Link.

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