Tag: Bush Crash

Progressivism: The Practical Center

(Analysis.) When we think of the full political spectrum, from pure socialism on the left to unbridled capitalism on the right, we find progressivism at the center – not the left, as is commonly thought. Under socialism, the people own the …

Welcome to the Plutonomy Backlash

Occupy Cleveland – circa 2011-10-21 “Welcome to the Plutonomy Machine,” began a 2005 report by three Citigroup analysts to their investor clients.1 The report called the United States a “plutonomy” — an “economy powered by the wealthy,” where “there is…