The City of London, Britain's financial equivalent of Wall Street, is--like its American co-equal --virtually unrivaled given its capacity to develop a business largely on the basis of using the new post-war world currency, the U.S. dollar, and its corresponding wasting away of British industry.
Kevin Zeese and Margaret Flowers
Popular Resistance Op-Ed; Nation of Change
We have passed the era of industrial capitalism and have entered finance capitalism based on expansion of the neoliberal economic model globally. This is fundamental to understand because it is this model that is driving all of our crises.
The middle class, once the backbone of a strong American society, has been broken, beaten down, pushed further and further toward poverty levels. Here are five well-documented ways that this has happened.