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Wednesday, November 25, 2020
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Tags Robber barons

Tag: robber barons

Don’t be fooled by ‘Inclusive Capitalism’ – it’s still a disaster!

One possible explanation that makes the notion of “Inclusive Capitalism” so au courant could be that a critical mass of people are now “on to” the robber barons and the governments purchased by them; these “democratic” governments specialize in representing the robber barons and not the people who “elect” them. Could it be that there are finally enough among the masses of people who are acutely aware and so refuse to fall for the old divide and conquer trick?

Bubbles, booms and busts

In the 19th Century, the robber barons simply walked into government buildings and capitals with satchels swollen with money. They literally bought off politicians to do their bidding. They do the same thing today, but with a little more finesse.