Tomgram: Peter Van Buren, Regime Change in America | TomDispatch: "Now, the stats on national
and global inequality are everyday fare (and looking worse all the time). Meanwhile, the book of a French (French!) economist about how the U.S. is leading the way when it comes to inequality and possibly creating the basis for a future... yes!... oligarchy of inherited wealth is on the bestseller list and the talk of the town. And if that weren’t enough, a new study out of Princeton University suggests that, as Talking Points Memo put it, “Over the past few decades America's political system has slowly transformed from a democracy into an oligarchy, where wealthy elites wield most power.” As the two authors of the study write, “The central point that emerges from our research is that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while mass-based interest groups and average citizens have little or no independent influence." Soundtrack HERE by request.
Great Wall Battlements Are Back, Baby. - Chinese can leave China, but they can't seem to leave their Chineseness behind -- this is particularly the case when they are building fortifications agai...
48 minutes ago