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"Plutocrats with their crony capitalism are taking over again in the U.S."


Can one of the richest cabinets in White House history since the late-19th-century Gilded Age make the United States equal again?

Many have their doubts. In fact there are signs that instead, the U.S. is moving in the direction of what Chrystia Freeland, Canada's minister of foreign affairs, once decried as "crony capitalism."

Freeland wrote her award-winning book Plutocrats: The Rise of the New Global Super Rich and the Fall of Everyone Else in 2012, long before anyone serious imagined a President Donald Trump.

Back then, Freeland was not a politician but a business journalist who among other things had become a specialist in the rise of the Russian oligarchs, the clique that used political clout to transfer the industrial and mineral wealth of the former Communist state into the hands of a small group of multibillionaires.

http://www.cbc.ca/news/business/plutocracy-u-s-trump-canada-inequality-1.3986535

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