The process is so rotten with money, so distorted, so skewed towards great concentrations of capital that to call it democratic is quite daring. This didn't used to be so: there is no inexorable historical law that it should be so. In fact, this direction, these awful trends are not good to great concentrations of capital, to great inherited or speculated wealth, not at all. Nor are they good for the current global hegemony of the fast disappearing American Republic - I suppose a republic in name only: maybe we really do end up calling this period the Late Empire.
Anyway, an Obama victory will do nothing serious to reverse these trends, only slow them down a bit, no FDR here, maybe a somewhat more conservative version of Nelson Rockefeller instead. And so the global financial crisis of 2008 that so exposed the neo-liberal economy was let go unused.
Anyway, an Obama victory will do nothing serious to reverse these trends, only slow them down a bit, no FDR here, maybe a somewhat more conservative version of Nelson Rockefeller instead. And so the global financial crisis of 2008 that so exposed the neo-liberal economy was let go unused.