Re:Regulators Move to Ease Post-Crisis Oversight of Wall Street
by pgrote on Thursday March 07, 2019 @02:57PM
(#19331631)
> government will bail out big banks
I really think the fabric of the USA economic system was changed with the decisions made during the 2008 financial crisis. Many citizens felt the game was rigged; large corporations held undue influence in the federal government. 2008 proved the USA has transitioned to corporate capitalism.
It is still stupefying how a country based on capitalism wouldn't allow the tenets of capitalism to play out.
I really think the fabric of the USA economic system was changed with the decisions made during the 2008 financial crisis. Many citizens felt the game was rigged; large corporations held undue influence in the federal government. 2008 proved the USA has transitioned to corporate capitalism.
It is still stupefying how a country based on capitalism wouldn't allow the tenets of capitalism to play out.