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The American Empire in a Changing World



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Wednesday, June 13, 2012

''How the 1 Percent and Transnational Corporations Hijacked Our Political System''

From TruthOut

''A segment of the 1 percent uses its wealth and power to tip the rules of the economy in their favor. These rules include tax policy, trade policy, and corporate regulation. Rule changes such as whether the minimum wage goes up or workers have the right to organize.

For the last 30 years, the rules of the economy have favored the wealth holders at the expense of wage earners, favor global corporations at the expense of small business. Taxes on rich have gone down since the mid-1950s.''

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