Before turning to the resurgence of political authoritarianism, I’d like to bring up related matters that are almost totally excluded from the extensive public attention. The sharp transition illustrates the force of indoctrination in a society with a powerful and highly class-conscious business community.
Investigation has shown that a CEO’s investment in changing laws to decrease corporate tax rates yields a vastly greater return than investment in reducing cost of production. The radical fi nancialization of the economy has shifted corporate behavior sharply from the retain-and-invest model of the great growth years of regimented capitalism to the “buyback economy”.
https://truthout.org/articles/resurgenceof- political-authoritarianism-interviewwith- noam-chomsky
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