The "Spoils Society"

by Michael Sean Winters

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Robert Samuelson has a great op-ed in this morning's Wasington Post about the divergence between those who create wealth and those who engage in predatory behavior, redistributing upward the wealth created by others. This addresses what I have called the "financialization" of the economy. It is the most sever cancer eating at the heart of the market economy and one that our pro-market ideologues tend to ignore. 

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