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Remaking the World for Business

In: The Confiscation of American Prosperity

Author

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  • Michael Perelman

Abstract

In their wildest dreams, business executives of the 1960s could have never imagined what transpired in recent decades. Political leaders no longer concern themselves with the remote possibility of a drift in the direction of socialism; instead, they now see themselves as remaking the whole world in the image of their right-wing ideals. Political leaders no longer have to concern themselves with protestors on the streets; instead, they stop at nothing to curry the favor of business. Taxes, whether levied on the wealthy or on corporations, have literally melted away, while the burden of government falls increasingly on the backs of the middle class. In fact, the first administration of George W. Bush brazenly called for tax cuts and deregulation as the answers to virtually all problems, except for those problems, real and imagined, which the administration invoked in its demands for greater monitoring and regulation of people’s personal and political behavior.

Suggested Citation

  • Michael Perelman, 2007. "Remaking the World for Business," Palgrave Macmillan Books, in: The Confiscation of American Prosperity, chapter 0, pages 59-79, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-60706-4_5
    DOI: 10.1057/9780230607064_5
    as

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