3 ms·
There hqve been gains in democracy in the capitalism context. From the 19th century to the 1970's power was slowly whittled away from the rentier class, but eve
by Synaesthesia 5y ago
There hqve been gains in democracy in the capitalism context. From the 19th century to the 1970's power was slowly whittled away from the rentier class, but ever since then they have made a huge comeback and now the financilisation kf the economy is becoming a drain due to the debt servicing costs. Michael Hudson writes a great deal about it.