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Well, we do have other names for it. "Rape-and-run capitalism," "neo-feudalism" and "gangster capitalism" come to mind. But they are hardly any less offencive and they don't convey the source of the threat nearly as well.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Jul 20th, 2008 at 02:23:18 PM EST
[ Parent ]
Second Gilded Age has been suggested. But now the Robber Baron "captains of industry" have been replaced by an anonymous management class of CEO-types in grey suits.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Mon Jul 21st, 2008 at 06:52:58 AM EST
[ Parent ]

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