“The Hostile Takeover” of the United States by Corporate America and the plutocrats is now well advanced and brazen. Corporations and their CEOs have achieved unprecedented power. Of the world’s 100 largest economies, 51 are now global corporations. And they have created a different world.
A 2005 Citigroup report to its investors advised: “the World is dividing into two blocks — the Plutonomy and the rest.” [Plutonomy is defined as a country where economic growth is powered by and largely consumed by the wealthy few, a condition now associated with the United States.]
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