Abstract
Nowadays there are three classes in America: working people at the bottom, professionals above them, a tiny elite at the top. Democrats represent the professionals, Republicans represent the CEOs. No one, much, speaks for working people, who must rely on the occasional sympathy of leading Democrats for most of the little they get.
It is true, so long as no change of base is made, what is confidently to be looked for is a régime of continued and increasing shame and confusion, hardship and dissension, unemployment and privation, waste and insecurity of person and property — such as the rule of the Vested Interests in business has already made increasingly familiar to all the civilized peoples.
(Thorstein Veblen)
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Notes
Quotes from Thorstein Veblen, The Engineers and the Price System (New York: W.B. Huebsch, 1921).
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© 2006 James K. Galbraith
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Galbraith, J.K. (2006). Enron and the Next Revolution. In: Unbearable Cost. Palgrave Macmillan, London. https://doi.org/10.1057/9780230236721_51
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DOI: https://doi.org/10.1057/9780230236721_51
Publisher Name: Palgrave Macmillan, London
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