Sunday , October 6 2024
Home / Mike Norman Economics / The “For the People Act” Would Make the U.S. a Democracy — Jon Schwarz

The “For the People Act” Would Make the U.S. a Democracy — Jon Schwarz

Summary:
A step in the right direction but still a long way from "government of the people, by the people and for the people." At a minimum that would require elections being decided by a majority vote and the ending of legalized corruption. What now exists in the US is plutocratic oligarchy, specifically corporate statism aka neoliberalism.The InterceptThe “For the People Act” Would Make the U.S. a DemocracyJon Schwarz

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes When usefulness is more important than precision

Bill Haskell writes The Plan to destroy Obamacare

NewDealdemocrat writes The ISM services index, measuring 75% of the economy, sounds an ‘all clear’ – for now, anyway

Joel Eissenberg writes High fructose corn syrup and your health

 A step in the right direction but still a long way from "government of the people, by the people and for the people." At a minimum that would require elections being decided by a majority vote and the ending of legalized corruption. What now exists in the US is plutocratic oligarchy, specifically corporate statism aka neoliberalism.

The Intercept
The “For the People Act” Would Make the U.S. a Democracy
Jon Schwarz
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *