Wednesday, January 12, 2022

I Call It 'Kleptocapitalism'

Whatever the “free market” economic theories, it’s clear that the de facto function of American corporate kleptocapitalism is to collude to make basic goods EVER MORE EXPENSIVE for ordinary citizens — health care, insurance, rent, cable TV, water, the internet, you name it. 

Corporations call it “anticipated earnings.” Criminals call it “vigorish.”

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