Saturday, October 17, 2009

Politicization of the Economy

What does it mean? It could mean the situation that prevails today; corporate power runs Washington, which in turn sets the economic environment in which the corporations flourish, and so on.

A different interpretation could be called democratizing the economy. The people have a say in what happens to the money that is created by banks.

Nobody raises this possibility, rejecting it outright. There is bi-partisan agreement against democratizing the economy. It's erroneously dismissed as "socialism," rather than being called "democracy" as it should be.