Abramorama | Release Date:July 12, 2024 | Not Rated
Summary:For 40 years, the US economy has been a paradox. It’s been an extraordinary wealth-creating machine, but only for the half of the country that owns stocks. Capitalism has, as James Carville put it, become “a racket” — the ultimate corporate insider’s club, a system centrally controlled by the well-connected few. As a result, the middleFor 40 years, the US economy has been a paradox. It’s been an extraordinary wealth-creating machine, but only for the half of the country that owns stocks. Capitalism has, as James Carville put it, become “a racket” — the ultimate corporate insider’s club, a system centrally controlled by the well-connected few. As a result, the middle class is shrinking and the American Dream’s promise of social mobility for all who work hard is dying. A new Velvet Rope Society of brains and money has cut itself off from the rest of America. Working families feel forgotten and angry, but it doesn’t have to be this way. America has an impressive history of resilience. …Expand