10 Ways Our Democracy Is Crumbling Around Us
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The financial rot is deeply impacting our democratic structures. It should worry us when Wall Street and its political minions warn that we might become the next Greece. They, of course, are referring to the debt crisis. But Greece is also the very place where finance is crushing democracy. Austerity is being rammed down the throats of the Greek people and democratic government can no longer protect the infirm and the unemployed from the onslaught of the oligarchs. It is both sad and frightening that it’s happening at the historical birthplace of democracy.
We all are Greeks.
Les Leopold is the author of The Looting of America: How Wall Street's Game of Fantasy Finance destroyed our Jobs, Pensions and Prosperity, and What We Can Do About It , Chelsea Green Publishing, June 2009.