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mcelroyj's avatar

Well, we have a long history in our country of it lifting people out of poverty, except now the government is captured by business interests and government programs are designed to fail (drowned in Grover Norquist's bathtub). This is a feature of neoliberalism --- not public spending.

If one starts with Powell Memo and works forward from 1970, you would find the corporate takeover of institutions, government, thinktanks, and consolidating that power in certain industries like media, healthcare, finance, real estate, pharma, and technology.

And it is no wonder that this consolidation has to led to oligopolies in most industries (Apple, Google, FB, and Amazon) or (Pfizer, JNJ, Merck, LLY) or (Goldman Sachs, BofA, Blackrock) or (Disney/GE/Viacom/Fox).

You have the wrong narrative of what's happened in this country.

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