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Ponzi Democracy

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• and without aggressive financial regulation and a vigilant press, markets, politics, and our entire society inevitably devolve into corruption for which we all pay the price.

For decades, we have been sold a bill of goods and told incessantly that government isn’t the solution — it’s the problem; that markets are efficient and rational and will self-correct; and that personal wealth, no matter how obtained, matters above all else.

And that’s what I call a Ponzi democracy.

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www.roryoconnor.org

Filmmaker and journalist Rory O'Connor writes the 'Media Is A Plural' blog, accessible at www.roryoconnor.org.

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government could be the solution by jersey girl on Wednesday, Dec 24, 2008 at 6:35:34 AM
Not so herculean as one might think by Nick van Nes on Wednesday, Dec 24, 2008 at 6:59:29 AM
awareness by jersey girl on Wednesday, Dec 24, 2008 at 9:15:33 AM
V for Vendetta by eric songs on Wednesday, Dec 24, 2008 at 4:29:15 PM
V for Vendetta by jersey girl on Wednesday, Dec 24, 2008 at 9:34:47 PM
Needs! by eric songs on Friday, Dec 26, 2008 at 3:54:23 PM
One suicide down and maybe more? by Ivan Hentschel on Wednesday, Dec 24, 2008 at 7:56:11 AM
What is wrong with a Ponzi scheme? by Andrey Gerasimenko on Friday, Dec 26, 2008 at 1:03:07 PM