The Effects of Economic Failure on Political Inequality

i worked for the united states senate banking committee and was a former chief economist. i'd worked on the 87 stock market crash and the savings in lonbala we all volunteered to help with tarp when it first came up. george sorrels is the first person i knew that really started citing some research which i came across in this book. If capitalism fails then you end up with not just a failed economic system but a failed political system democracy and the working of the market economy are intimately connected, he says.