Image uploaded from a quicklink (Image by Unknown Owner) Details DMCA | "It's the economy, Stupid!" has been the recurring election year mantra since 1992. Unfortunately, the economy is the consequence or result of some other root causes. A root cause that gained traction in the 1970's was deregulation. It's apparent with the benefit of hindsight that deregulation drove a wedge between capital and other domestic factors of production and contributed to the primacy of stockholders, especially those of multinationals. The expectations held by the vast majority of U.S. citizens about the fruits of deregulation have been violated in spades, but those of multinationals have been realized BIG TIME. Multinationals show no remorse, as they contend it was all earned legally. Its legality is assured as long laws can be bought with political and lobbying contributions and multinationals' political ads designed to brainwash voters. Multinationals' money buys legality. |