Neil Knight
Professor Jeff Madrick has written excellent collections of how the United States went form an economic fair country into this economic terrorist country waging class warfare on its own people in addition to many parts of the world. His book called "Age Of Greed" covers the many players and traces the turn towards plutocracy that our two-party urban-Rural division has allowed to be perpetuated across this nation and as usual the direction of this division goes back to Milton Friedman whose economic impacts have been disastrous to the financial ability and for gains of workers. Professor Madrick covers America post 1970 where the likes of Freidman and monopolistic winner takes all economic allowances and thinking prevailed by the corrupt business leaders and rulers of the American economy.
Madrick covers the election of Ronald Reagan as the president that was a huge advocate of rule and laws made for the super rich and how a few individuals tailored the economies and reliance on imports to grow their companies at the expense of other competitors and the workers ability to organize. Madrick covers Sam Walton to Ted Turner and covers in essence how big box retailing and real estate domination along with advertising and media giants like ted Turner basically conspired to altering economic development towards themselves in collusions with one another. The massive deregulation of many important industries is discussed and its role of soaking workers wealth and ability to increase their wages while providing more increased revenues for owners of capital and increased greed and redistribution among themselves in various allied industries conspiring to roll back the gains made under the Roosevelt administrations.
With help form the growing investment and finance fields and hedge fund managers many of these goals were met that fueled the wealth of those enabling this transfer of wealth into the hands of a few money managers and capital funds making money form increased mergers and sales of their over-valued properties and holdings. Professor Maddock names the names responsible for these crucial decisions that has helped weaken this nation and allowed kleptocrats form overseas to help meddle in the affair of our nation and politics long buying out city leaders for their projects and increased wealth holdings within our country as if we were their colony. A huge chunk and the middle of the book is devoted to the old jackass Alan Greenspan as everything he did was meant for increased inequality and lowering of the quality of life for people and why this man is not rotting and sitting in a prison for his actions is amazing to me. The maverick professor Madrick blames many for laying waste to the economy and he holds no punches and naming many names that most people and even avid economic followers like myself have never heard of and whose ugly influence put this country into total ruin in 2008 where this book unfortunately ends.
Professor Madrick wishes to see both Milton Friedman and Milt Rosenberg jailed for their beliefs in pushing for economic hardships for the masses so those in control can give themselves bigger paychecks and perhaps no more individual was more responsible for the tanking and new direction of an more unequal society than this piece of shit Milton Friendman. One can hope he is burning in an eternity hell-like setting by now.,
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