An excerpt from today's must read...
We pointed out that the deregulation behind the frenzy came at a price. It was damaging to labor standards. It was damaging to environmental standards. Corporations were becoming more powerful than governments and that was damaging to our democracies. But to be honest with you, while the good times rolled, taking on an economic system based on greed was a tough sell, at least in rich countries.
Ten years later, it seems as if there aren't any more rich countries. Just a whole lot of rich people. People who got rich looting the public wealth and exhausting natural resources around the world.
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