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This is the permanent tension that lies at the heart of a capitalist democracy and is exacerbated in times of crisis. In order to ensure the survival of the richest, it is democracy that has to be heavily regulated rather than capitalism.
—
Tariq Ali, The Obama Syndrome: Surrender at Home, War Abroad
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Topics
anti democratic thought
capitalism
democracy
deregulation
economics
financial regulation
late 2000s financial crisis
late 2000s recession
leftism
neoliberalism
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