Sadly, Wallis argues, given the powerful stranglehold that corporate interests have on the U.S. legal and political systems, it might be some time before the damage can be undone. “Now wait for a few decades while the mighty intellects of the Supreme Court and Congress grapple with this issue,” he concludes. “Only in the senile, decrepit, and unbelievably corrupt modern version of the United States would this sickening decadence even be considered possible, let alone doable.”Common Dreams
'Absolute Crap' But Brilliant: Corporate America's Plan to 'Misbehave Without Reproach
John Queally
https://therealmovement.wordpress.com/2015/10/30/schrodingers-capital-is-marxism-now-a-variant-of-anarcho-capitalism/
ReplyDeleteThis is interesting. The "labour theory of value" is similar to the "natural rate of interest" though.
Ackman isn't a frequently quoted person on MNE, but as TPP is being contemplated, it worth reading the gems he produced last friday about the company Valeant and big pharma more generally. They make Enron's accounting scandal seem like a birthday party. Pharma has been a solid Obama supporter so they are unlikely to suffer any serious harm from this bout of honesty but Hillary was swift boated by Pharma so she might use them as a Keystone pipeline or old fashioned Trust Buster issue after she is elected.
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