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Friday, April 29, 2016

Financial Structure Overhaul Possible?

 


 

By Charles Hugh-Smith of OfTwoMinds blog,



Why Real Reform Is Now Impossible 


The endless bleating of well-paid pundits in the corporate media about "reform" is just more circus.

It's difficult for well-meaning pundits to abandon the fantasy that meaningful reform is possible. Indeed, a critical function of the punditry and corporate media is to foster the fantasy that the status quo could be reformed if only we all got together and blah blah blah.
As I explain in my new book Why Our Status Quo Failed and Is Beyond Reformreal structural reform would trigger the collapse of the status quo. (As a reminder, the status quo benefits the few at the expense of the many.)
But there's another dynamic that makes reform impossible. I've prepared a chart to explain this dynamic:


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