Good question. What's happening here in America is happening all over the world.
A new aristocracy is taking over not just the United States of America but also the world. ... This is more than just a tax cut story.
www.thomhartmann.com
A new aristocracy is taking over not just the United States of America but also the world. ... This is more than just a tax cut story. It's about a fundamental shift in power and wealth from average people and the governments they had formed to represent them, to the capture of those governments and economic enslavement of their people by corporate aristocracies.
"European countries have been steadily slashing corporate tax rates,"
In it, Europe is simply following the lead set out by the United States, starting with the Reagan/Bush administration, when, in 1983, corporate taxes revenues were slashed to a low not seen since 1929.
This isn't the first time this has happened. Marc Bloch is one of the great 20th Century scholars of the feudal history of Europe. In his book "Feudal Society" he points out that feudalism is a fracturing of one authoritarian hierarchical structure into another: the state disintegrates, as local power brokers take over.
In almost every case, both with European feudalism and feudalism in China, South America, and Japan, “feudalism coincided with a profound weakening of the State, particularly in its protective capacity.”
Whether the power and wealth agent that takes the place of government is a local baron, lord, king, or corporation, if it has greater power in the lives of individuals than does a representative government, the culture has dissolved into feudalism.
This was written in 2005. We saw this coming.
