Why We've Been Through Capitalism Since the Depression

We've been through two phases of state capitalism since the second world war. The first one was what sometimes called regimented capitalism, high taxes on the rich and law regulation. Now and through a second period, the new liberal period, decline and regulations move towards monopolization,. lower growth, lower productivity. A people are wealthy in the first phase, their super wealthy in the second. Has almost nothing to do with effort. And we see the results. Instead of a period of fast, relatively egalitarian growth, weve seen lower growth, radically inegalitarian. Well it's not because of more regulation. Because of less regulation, which, in fact, increased the move towardsnois by