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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (125058)11/20/2016 4:29:19 AM
From: Snowshoe3 Recommendations

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Rebellion of the serfs...

Here’s How Donald Trump Could End America’s New Feudalism

Trump tapped into a class rebellion among workers left behind our the post-industrial, asset-inflated new economy. It remains to be seen if he’s up to the task of fixing it.

Joel Kotkin - 11.19.16 9:00 PM ET

One obvious, if little discussed, reason the progressive wave receded last week: The left’s increasingly unappealing economic agenda. In the past, progressives focused on improving conditions for working and middle class Americans through economic growth, home ownership and expansive infrastructure projects.

Today, notes former Bill Clinton aide William Galston, progressives rarely promote economic growth, having developed a particular hostility to many of the industries—energy manufacturing, transportation and agriculture—that offer economic opportunity to millions of Americans. This new environmental orientation has been less than enthusiastically embraced away from the coasts, where Trump, not coincidentally, triumphed.

In contrast to the old Democratic notions embraced by the likes of Harry Truman or the late California Governor Pat Brown, today’s progressives promote social control and the consolidation of a cognitively determined world order. Its promise amounts to forging a kind of high-tech middle ages in which the new aristocracy—techies, media grandees, financial moguls, academics, high-level bureaucrats—dominate while the middle class becomes increasingly serf-like.

In this new neo-feudalism, property ownership, like power, is concentrated in ever fewer hands.

More: thedailybeast.com