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IPFS News Link • Politics

The four business gangs that run the US

• http://chrisinmaryville.net/
In his book, The Price of Civilization, he says the US economy is caught in a feedback loop. ”Corporate wealth translates into political power through campaign financing, corporate lobbying and the revolving door of jobs between government and industry; and political power translates into further wealth through tax cuts, deregulation and sweetheart contracts between government and industry. Wealth begets power, and power begets wealth,” he says.

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