"owner class" - how about "those with substantial ownership of shares and other financial assets, a small minority even in the US" In the long run, we're all dead. John Maynard Keynes
These policies, via targetted tax cuts, massive corporate pork made possible by a war of choice, and lax monetary and banking policies, had as sole goal to make the rich richer. Stagnant wages, made possible by weakening of corporate regulation and increased access to the Chinese labor pool, were instrumental in making higher profits possible, and lax monetary conditions allowed bubbling financial asset values.
Too many "possible" in my opinion.
capture ofthat wealth easier forthe owner class
Should be
capture of that wealth easier for the owner class
and
an invitable result of the neoliberal pollicies pursued
an inevitable result of the neoliberal policies pursued
To the barricades! Peak oil is not an energy crisis. It is a liquid fuel crisis.