4min chapter

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The Case Against the Professional Managerial Class with Catherine Liu

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CHAPTER

The Predictions About the Bank Bail Out

Hilory clinton, as the queen of the p m c, was rejected by americans. They could not have predicted better the rise of this kind of republican appeal to the populas working class and the demorat abandonment of bread and butter issues that has ensued since they wrote in 77. The banks did not redistribute the government bail out to families that had lost their homes. So if you wanted a more succinct definition of how the p mc covers its as for fin lization and capitalism, there it was. There was no requirement for the bail out to actually reach people, ordinary people, working class Americans.

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