“It’s not the free market that is financializing the American economy and empowering Wall Street’s leveraged buyouts of American businesses. It’s the federal government’s preferential tax treatment of corporate debt and guarantee of “too big to fail” bailouts.”
Read MorePopulism on the right has risen from the neglect of the values that uphold the market and lack of recognition of the market’s effect on our social values.
Populism on the left has risen from an unfulfilled promise of more democracy and then frustrating it with the administrative state, executive orders and judicial decrees.
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