"The minority of a minority have seriously damaged the public interest for personal enrichment. The community itself is culpable for not resisting its plundering.and choosing representatives that defend its interests. Didn't speculators relieve the community of unimaginable billions? Should our highest representatives wrestle for their trust?"
Private losses were made into public losses. The state became an errand boy for Wall Street and campaign contributors. Long-term necessities, language and community fall by the wayside (cf.
Moyers and Company"). Lobbyists spend $4 billion a year and expect a return (cf. Lawrence Lessig, Republic Lost: How Money Corrupts Congress, 2011).
to read Ingo Schulze' "Capitalism Doesn't Need Democracy" published 1/12/2012, click on
http://portland.indymedia.org/en/2012/02/413795.shtml
Comments
Why anyone believed that an autocratic ownership model was 'democratic' will be studied by historians and anthropologists of the future. It always made sense to me that Chinese Capitalism would be the confluence of political and economic theory. Would that they were communists and could find the cognitive dissonance of politics and economics internalized instead of the harmony of corporate and Party.