Predator Nation · Corporate Criminals, Political Corruption, and the Hijacking of America

Predator Nation · Corporate Criminals, Political Corruption, and the Hijacking of America
Authors
Ferguson, Charles H.
Publisher
Crown Business
Tags
politics , political science , business , economics , history , public policy , economic policy , finance , general , business & economics
ISBN
9780307952554
Date
2012-05-22T00:00:00+00:00
Size
3.00 MB
Lang
en
Downloaded: 40 times

Charles H. Ferguson, who electrified the world with his Oscar-winning documentary Inside Job, now explains how a predator elite took over the country, step by step, and he exposes the networks of academic, financial, and political influence, in all recent administrations, that prepared the predators’ path to conquest.

Over the last several decades, the United States has undergone one of the most radical social and economic transformations in its history.

· Finance has become America’s dominant industry, while manufacturing, even for high technology industries, has nearly disappeared.

· The financial sector has become increasingly criminalized, with the widespread fraud that caused the housing bubble going completely unpunished.

· Federal tax collections as a share of GDP are at their lowest level in sixty years, with the wealthy and highly profitable corporations enjoying the greatest tax reductions.

· Most shockingly, the United States, so long the beacon of opportunity for the ambitious poor, has become one of the world’s most unequal and unfair societies.

If you’re smart and a hard worker, but your parents aren’t rich, you’re now better off being born in Munich, Germany or in Singapore than in Cleveland, Ohio or New York.

This radical shift did not happen by accident.