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OpEdNews Op Eds    H3'ed 3/7/15

Welcome to the New Corporate Feudalism

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But ever since Reagan came to town and brainwashed everyone into believing that "government is the problem, not the solution," we've gutted regulations, busted unions and, as a result, returned capitalism to something resembling its natural, brutish state.

Inequality is now at a record high, and the richest 3 percent of the population now controls more than half of all wealth.

And as if that wasn't bad enough, the child poverty rate here in the US is now among the worst in the developed world.

Things have arguably gotten even worse since the recession, as the top one percent has absorbed almost all of the gains of our so-called "recovery."

The kings and noblemen may be long gone, but here in the US, the business and financial elite reign supreme, and corporate feudalism is the name of the game.

Thanks to Ronald Reagan and his modern-day followers like Scott Walker, the US is no longer a true democracy, it's an oligarchy, and every day it looks more and more like something out of the 14th - not the 21st - century.

The time is long past due for us to roll back the Reagan revolution once and for all.

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Thom Hartmann is a Project Censored Award-winning New York Times best-selling author, and host of a nationally syndicated daily progressive talk program on the Air America Radio Network, live noon-3 PM ET. www.thomhartmann.com His most recent books are "The Last Hours of Ancient Sunlight," "Unequal Protection: The Rise of Corporate Dominance and the Theft of Human Rights," "We The People," "What Would Jefferson Do?," "Screwed: The Undeclared War Against the Middle (more...)
 

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