Today’s plan by Elizabeth Warren is more republican orthodoxy. She wants to keep private equity firms from looting and destroying U.S. corporations. I first read about private equity firms in Robert Kuttner’s book, published last year, Can Democracy Survive Global Capitalism?: Invariably, a private-equity takeover means an even deeper squeeze on worker wages, benefits, and job… Continue reading Republicanism and redistribution
Category: Montesquieu
Tyranny’s freedoms
American freedom, as most people experience it, could be experienced just as well under tyranny. In fact, because our freedom to do as we please is no less threatened than it was a few years ago, we might complete our slide into tyranny and say with perfect justice to anyone we find in that darkened state, “It’s a free country.”