Entomology 101, The Corruption of Capitalism in America
This is an excerpt. The full article can be accessed on the above link.
The reckoning has already arrived. Stockman makes a well supported case that the US economy has deteriorated since the 1971 closure of the gold window, the deterioration accelerating after the new century’s financial crises. The scant economic fruits have gone disproportionately to the wealthy. Another crisis, the most severe yet, is inevitable. Stockman offers remedies, but given the nonstop political turmoil and gridlock he foresees, it’s a wish list. Although his work is not political philosophy, wherein actual solutions are found, it is nevertheless valuable. He has turned over a rock and shone his light on the saprophytic Washington-Wall Street ecosystem of creepy-crawlers sucking the life out of our decaying country.
The reckoning has already arrived. Stockman makes a well supported case that the US economy has deteriorated since the 1971 closure of the gold window, the deterioration accelerating after the new century’s financial crises. The scant economic fruits have gone disproportionately to the wealthy. Another crisis, the most severe yet, is inevitable. Stockman offers remedies, but given the nonstop political turmoil and gridlock he foresees, it’s a wish list. Although his work is not political philosophy, wherein actual solutions are found, it is nevertheless valuable. He has turned over a rock and shone his light on the saprophytic Washington-Wall Street ecosystem of creepy-crawlers sucking the life out of our decaying country.
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That being said, The vast majority of venture capital firms ARE vultures - out to make a quick buck.
I say we should dismantle it now but will wait for a mini-crisis to take action. You say we'll wait for a mega-crisis.
Either way, more people should read this to increase the chance we'll act sooner rather than later.