The embrace of neoliberalism in the 80s decimated the traditional middle class. Wages stagnated and labor share of income has taken a hit [1] while capital asce

The embrace of neoliberalism in the 80s decimated the traditional middle class. Wages stagnated and labor share of income has taken a hit [1] while capital ascended. Debt has become the biggest product leading to wide scale financialization and rent seeking. Lobbying and revolving doors has further added to entrenched interests benefiting at the cost of the whole. This is at the heart of how you define a country, a collection of economic interests arbitrated by the market as an end in itself, or a 'society' with larger goals. The neoliberalism agenda has convinced many of the first. [1] https://www.nakedcapitalism.com/2018/05/capitals-share-income-way-higher-think.html https://www.nakedcapitalism.com/2018/05/capitals-share-incom...