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I said, or implied, that there was a difference in tone.  And moreover, the old establishment, in the olden days (before about 1980), had rather more of a sense of social responsibility--noblesse oblige, if you like--that has atrophied alarmingly since.

I've been meaning to read Phillips' Wealth and Democracy for some time but haven't got around to it.  Thanks for the reference to the other book, and the dKos thread.  I'll bump both the books up higher on my "to do" list!

by keikekaze on Fri Feb 29th, 2008 at 12:31:00 AM EST
[ Parent ]
... at least among the economic elite, in large part a necessity, and given the opportunity to walk away from it, there seems to have been a strong determination to git walkin'.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Sat Mar 1st, 2008 at 10:04:04 AM EST
[ Parent ]
 . . . of there having been laws and regulations governing their corporate activities--laws and regulations that were actually enforced--I completely agree, and that's yet another argument (among many) for bringing back those laws and regulations and enforcing them again.
by keikekaze on Sat Mar 1st, 2008 at 07:03:00 PM EST
[ Parent ]
Even more than laws and regulations governing their corporate activities, institutionalized organized labor that focused their attention on trying to grow the pie, given that trying to get a progressively larger share of the pie seemed a more difficult strategy.

Of course, those laws and regulations were part of the structure that supported the strength of organized labor, but social structures neither build nor reproduce themselves.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sat Mar 1st, 2008 at 08:13:22 PM EST
[ Parent ]

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