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US Aristocracy v The People -- a brief history

Valjean

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Albuquerque, New Mexico, USA
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Vedanta. Many worlds physics, Environmentalism, Socialism.
Read a new article by Thom Hartmann today in Alternet, briefly outlining a few of the episodes in America's continuing power struggle between We the People and the aristocratic classes:
Thom Hartmann: Time to Overthrow Our Rulers

From the beginning, American history's seen a continuous rise and fall of corporate political power.

It’s been this way before in American history, though not in our lifetimes. The last time the morbidly rich had this much power in American politics was the 1920s, when an orgy of tax-cutting and deregulation of banking led to the Republican Great Depression.


...In the nearly-6000-word memo, Powell called on corporate leaders to launch an economic and ideological assault on college and high school campuses, the media, the courts, and Capitol Hill.

The objective was simple: The revival of a Royalist-controlled so-called “free market” system.


“As we view the achievements of aggregated capital, we discover the existence of trusts, combinations, and monopolies, while the citizen is struggling far in the rear or is trampled to death beneath an iron heel.

“Corporations, which should be the carefully restrained creatures of the law and the servants of the people, are fast becoming the people's masters.” [--Grover Cleveland, 1888]


We have an entire Republican Party that’s been captured by toxic-emissions corporations, petro-billionaires, and others among the morbidly rich. On the left, thanks to the DLC and its heirs, substantial parts of the Democratic Party are beholden to the banking, insurance, and pharmaceutical industries

I found it interesting, but then I'm a news/history junkie.
Thoughts?
 
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