Professor James Galbraith has rallied against the "corporate Republic that was installed from the stolen election of 2000 that put the second Bush oil nobility into the White House. The takeover of money in politics and domination from the lobby class is described by this renowned economist whose father was a famous economist as well in the sixties. This coalition of big business and their clients have established a predator state and totally transformed the look and fell of the United States. Galbraith writes in his boo called Predator State about the punctilious effort these domestic corporatists along with their foreign business allies have used government to divert public funds into private companies and handed over the economy for these few individuals and leaders of business. Galbraith describes the mobilization effort influenced by thinkers such as Milton Friedman who believed control over money should be the main objective of the federal reserve and use this power to set national policy towards the advantageous owners of capital and industry. Throughout this book professor Galbraith describes how when the predator state got a taste how easy one objective was met they attacked other institutions, programs, and regulations meant to stop the structure of predatory capitalism that Republican party now espouses as practical without shame.
Galbraith covers the full spectrum of policy change and sums up how conservatives have given up on the free-market and their abuse of it should be answered by liberals as well. The manipulation of labor in this new conservative neo-liberal order is the number one factor for the dramatic increase of the worlds inequality and the author examines how Republicans helped usher in Ronald Reagan and the drive for free capital movement and increased multinational investment around the world and the ability of this increased monopolies to dictate governmental agreements.
The main achievement of the predator state has been opening up China for business and giving their state companies bigger influence around the world with their slave labor and concentration camp type factories churning out cheap products for the consumer. the Chinese concern for these mainly female workers is deplorable and our western democracies along with consumers are complacent in this new brutality of the modern age. Galbraith reflects on the sell-out of President Bill Clinton and his agreements with Republican leaders that compromised the gains of the new deal and helped move so many jobs overseas for these firms and few individuals to mass profits for themselves and then use it to corrupt government. the major technological and employment opportunities fade fast as the bubble burst and the world saw the failure of this dastardly new deal. The professor looks at the dramatic effects of the predator state with changing the culture from destroying union jobs to increasing the prison and military industrial complexes where young people have few choices and opportunities outside these two increasing aspects of American society and GDP growth
Galbraith is a great fighter against the drive to undermine and destroy of the capacity of government and he often goes out lecturing on the need for business to eventually reform itself and better manage itself ending its purposeful incompetency. only then when the goals of destroying peoples morals and pride witnessing the destruction of a strong government that can resist these encroachments on progress
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