Tuesday, August 3, 2010

“Do the Rich Even Need the Rest of America Anymore?” - Naked Capitalism



This line of thinking is hardly new. James Galbraith, in The Predator State, discusses how the corporate elite have come to serve their own interests rather than those of their companies, and have become adept at using the state to further their personal aims. Thus the profit potential of remaining engaged in the US (albeit at as much of a remove as the top echelon can manage) is too great to be ignored.

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