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View Diary: The Restoration of the Rentiers (21 comments)

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  •  All hail the King! (2+ / 0-)
    Recommended by:
    arendt, Cassandra Waites

    A strong monarchy, developing into the nation state, was the initial answer to the concentration of private power.  We just took it a step further and made the leadership elected instead of hereditary.  But the battle of public versus private continues.  I believe you are exactly right, the forces of private power today are effectively no different than the dukes and barons of old, constant state of war and all.

    There is truth on all sides. The question is how much.

    by slothlax on Tue Jan 15, 2013 at 03:49:57 PM PST

    •  We are already back to Robber Baron... (3+ / 0-)
      Recommended by:
      slothlax, isabelle hayes, Sunspots

      levels of inequality.

      Plus we are tearing up the Constitution: a surveillance state, no habeus corpus for "terrorists", minorities and women under siege, theocrats on the march, public education under assault, anti-scientism in ascendance.

      When we are done shredding the Constitution and the educational system, there will be no legal way to claw back what the rentiers have stolen. It will be debt peonage until climate change kills us all or revolution.

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