Thursday, 21 September 2017

Loving Our Debt-Serfdom: Our Neofeudal Status Quo

of two minds - Charles Hugh Smith:

Democracy (i.e. political influence) and ownership of productive assets are the exclusive domains of the New Aristocracy.
I have often used the words neoliberal, neocolonial and neofeudal to describe our socio-economic-political status quo. Here are my shorthand descriptions of each term:

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