The Failure of Capitalism

The US government is admitting that this was a complete failure of capitalism and the state has to step in to help those people. The American middle class lost ground while the wealthy did better than ever, and American manufacturing communities were hollowed out as cutting edge industries moved to metropolitan areas. Key among these drivers are decades of trickle-down economic policies, policies like regressive tax cuts, deep cuts to public investment, unchecked corporate concentration,. And active measures to undermine the labor movement that initially built the American middle class.