@vgr close tax loopholes and cut corporate welfare can accomplish the same. SV billionaires act as merit cover story for 1% smash and grab.
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Replying to @atduskgreg
@atduskgreg the cover stories are often written by trusties trying to deflect blame directed at inherited wealth circles they identify with1 reply 0 retweets 0 likes -
Replying to @atduskgreg
@atduskgreg Where did I say that? You're making vague association between evils of inequality and R&D3 replies 0 retweets 0 likes -
Replying to @atduskgreg
@atduskgreg Cronyism model perfected in 1950s, broke by 1974, replacement Reagonomics achieved a flawed reboot but couldn't kill cronyism1 reply 0 retweets 0 likes -
Replying to @vgr
@atduskgreg Cronyism is bipartisan Republican/Democrat creation. One wants military industrial complex, other wants welfare state.1 reply 0 retweets 0 likes -
Replying to @atduskgreg
@atduskgreg On welfare side: food stamps-ag industry nexus. That's why UBI wouldn't stand chance. Existing safety net is cronyism pig trough1 reply 0 retweets 0 likes
@atduskgreg They're about the same scale actually. That was Krugman's point in op-ed where he said left/right simply want diff big govts
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