Super Wealthy CEOs Help Crush the American Worker, Then Cry About Class Warfare

[Donnachaidh]

http://www.alternet.org/economy/151845/super_wealthy_ceos_help_crush_the_american_worker%2C_then_cry_about_class_warfare/


I ran into my friend Jeff Madrick a few weeks ago. Like a rabbit out of a hat, or so it seemed, he whipped from his coat a copy of his new book, Age of Greed.

He gave the book to me and I'm grateful. It's a compelling and worthy read. Jeff's an able journalist; an excellent and cogent storyteller in a field that often defies the straightforward plot or easy explanation -- economics.

The book's subtitle says it all: "The Triumph of Finance and the Decline of America, 1970 to the Present;" an ongoing saga of avarice told through profiles of the men who confidently strode forth and marched us smack into the middle of our current fiscal nightmare.

Milton Friedman, Richard Nixon, Ivan Boesky, Ronald Reagan, Michael Milken, Alan Greenspan, Ken Lay, Walter Wriston of Citicorp and Sandy Weill of Citigroup, Lehman Brothers' Richard Fuld -- they're all here and more, presidents and economists, CEO's and masters of the universe, a veritable Murderers' Row of the rich and frequently reckless.

More at the link --

[Agony]

1. .in this down the rabbit hole system we have where a hedgefundmanager makes more than an electrician

while destroying the electricians chance to equitably share in "life, liberty and the pursuit of happiness".

and yet.... the damn hedgefund would collapse in utter chaotic darkness if it were not for that very electrician. it is fucking sickening and other examples of this abound.