Sunday, October 5, 2008

Bailout is Capitalism Murdering Democracy

DAVID SIROTA
Indeed, if there's been any lesson in the last few years, it is that authoritarian capitalism — rather than democratic capitalism — may be the dominant ideology of the 21st century. That ideology may be coming to America. The Wall Street bailout bill is a lot of things — a giveaway, a heist, a legislative manifestation of crony corruption. But it's structure is pure authoritarian capitalism.

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