The problem lies elsewhere. The problem is that the system is so sick that the poor have to pay taxes for rich banksters bonuses. Hence, destoying all the credi

The problem lies elsewhere. The problem is that the system is so sick that the poor have to pay taxes for rich banksters bonuses. Hence, destoying all the credibility of the system. Rich paying to the poor is socialism. Poor paying to the rich is feudalism. Poor could care less about the toys they can get when they can afford less and less food, energy free time. Plus pay feud to the corrupt banksters on top of that. That's not capitalism, that's feudalism. Cowen is proposing neo-feudalism.