CRONY CAPITALISM: Americans Have Been Turned Into Peasants, Time To Fight Back? – By Mike Krieger

RIELPOLITIK

Source – libertyblitzkrieg.com

“…The 1% has been convinced that the stock market represents some sort of leading indicator of wealth and prosperity… It represents the opposite indicator when it merely reflects the ownership interests of the oligarchs in a crony-capitalist, fascist economy that is picking away at the dying carcass of what little economic freedom still remains”;

America used to be the land of opportunity and optimism. Now opportunity is seen as the preserve of the elite: two-thirds of Americans believe the economy is rigged in favour of vested interests. And optimism has turned to anger. Voters’ fury fuels the insurgencies of Donald Trump and Bernie Sanders and weakens insiders like Hillary Clinton.

The campaigns have found plenty of things to blame, from free-trade deals to the recklessness of Wall Street. But one problem with American capitalism has been overlooked: a corrosive lack of competition. The naughty secret of…

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