Master and Servant, Oligarch and Serf: The New Feudalism is Here

epiminondas writes:

In the irony of ironies, the very people who decried the pin-striped Wall Street banker and industrial captain are now in the driver’s seat. And the yawning chasm between the middle class and the power centers of the ruling knowledge industry is truly frightening. As this chasm grows, the middle class is disappearing rapidly.  And neither party seems to care. Here is an arresting article that gives you a tour of the middle class train wreck.

This entry was posted in Politics and Economics. Bookmark the permalink.

2 Responses to Master and Servant, Oligarch and Serf: The New Feudalism is Here

  1. ironrailsironweights's avatar ironrailsironweights says:

    I would caution against reading too much into that article, as the area it surveys is hardly a typical part of the country.

    Peter

    Like

  2. I see the same picture– just less dramatic– right here in Chester County, PA. This is one of those “ring counties” around Philadelphia one hears about every Presidential election.

    Like

Leave a comment