Philanthro-feudalism is the future!

posted by
March 8, 2011
The Nation Blog
by Laura Flanders  
Posted in Commentary, PND Commentary

"China’s new economic plan is a relic of the past. It focuses on raising standards of living. How quaint! ... Those old world Chinese just don’t seem to get it, that the modern way is the American way: deregulate, concentrate wealth in the top 1 percent and then make sure those at the top don’t pay taxes! Treated well enough, the rich will fund desperately-needed things like cancer research. Just look at David Koch. Keep government regulators’ hands off his cancer-causing formaldehyde, and he’ll happily put $100 million toward a new Institute for (some) Cancer Research at the Massachusetts Institute of Technology." (03/08/11)  

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