PAUL STREET ~ THEY RULE ~ THE 1% VS. DEMOCRACY

~ T-HG-‘G’-‘ARTLAB’-SRIPAOTFT-AOMSILY-WMSORDALR ~ The – Holy Grail – “Growth” – “A Rising Tide Lifts All Boats” – Supposedly Rendering Irrelevant Popular Anger Over The Fact That – An Opulent Minority Sails In Luxurious Yachts – While Millions Struggle On Rickety Dinghies And Leaking Rowboats

~ GLG-BIETFDWI ~ Governments Love Growth – Because It Excuses Them From Dealing With Inequality

~ TTU-CGOBOOV ~ The Timeworn Upper-Class Game Of Blaming One’s Own Victims

~ T-SGA-HMLTDW-TSILO-M-A-TF(ARPSG)-TIDW-TMHAMRO-GAP-VMA-TAFOWANAA ~ The – Second Gilded Age – Has Much Less To Do With – The Supposedly Inexorable Logic Of Market – And – Technological Forces (And Related Purported Skills Gaps) – Than It Does With – The More Human And Malleable Realms Of – Greed And Politics – Very Much About – Taking Away From Others While Adding Nothing At All

~ TRIINWG-COS-‘W’-IIRTQO-WGPSWF-TPATCG-O-TNLCOWAP ~ The Real Issue Is Not Whether Government – Can Or Should – “Work” – It Is Rather The Question Of – Whom Government Policy Should Work For – The Public And The Common Good – Or – The Nation’s Leading Centers Of Wealth And Power

~ TPOO-NW-C-A-OB-AC-CU-T-S/D/L-OMRP ~ The Passing On Of – Net Worth – Connections – And – Other Benefits – Across Generations – Covers Up – The – Stupidity / Decrepitude / Laziness – Of Many Rich People

~ TNN-A-EE-ER-S-P-OTUBTROTSTITFEATCAOGP-ALTNA-MJ-EP-WEI ~ There’s Nothing New – About – Economic Exploitation – Elite Rent-Seeking – Plutocracy – Or The Use By The Rich Of The State To Increase Their Fortunes Even As They Complain About Overreaching Government Power – Also Less Than Novel Are – Mass Joblessness – Endemic Poverty – Widespread Economic Insecurity

~ M-T-‘MH’-O-‘TBTF’-TGGOGFI-WETI-TPIUER-HOI ~ Meanwhile – The – “Moral Hazard” – Of – “Too Big To Fail” – The Guaranteed Government Bailout Of Giant Financial Institutions – Will Encourage Those Institutions – To Persist In Undertaking Excessive Risks – Has Only Increased

~ TTFOCMNAC ~ The Tragic Farce Of Corporate Media News And Commentary

~ MMI ~ Manufacturing Mass Ignorance

~ TITCMP-MNLBE-TAGI-TFAEC ~ The Inequality That Creates Mass Poverty – Must No Longer Be Evaded – Through A Growth Ideology – That Fuels An Environmental Collapse

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