Combine financialization, neoliberalism and moral bankruptcy, and you end up with self-serving parasitic elites.
When did our financial and political elites become self-serving parasites? Some will answer that elites have always been self-serving parasites; as tempting as it may be to offer a blanket denunciation of elites, this overlooks the eras in which elites rose to meet existential crises.
Following in Ancient Rome's Footsteps: Moral Decay, Rising Wealth Inequality(September 30, 2015)
As historian Peter Turchin explained in his book War and Peace and War: The Rise and Fall of Empires, the value of sacrifice was a core characteristic of the early Republic's elite:
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