This link has been bookmarked by 4 people . It was first bookmarked on 11 Oct 2008, by Mounirra Jaliel.
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13 Oct 08
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11 Oct 08
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Free capital movement creates what some have called a "virtual parliament" of investors and lenders, who closely monitor government programmes and "vote" against them if they are considered irrational: for the benefit of people, rather than concentrated private power.
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Investors and lenders can "vote" by capital flight, attacks on currencies and other devices offered by financial liberalisation.
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"Politics is the shadow cast on society by big business," concluded America's leading 20th century social philosopher John Dewey, and will remain so as long as power resides in "business for private profit through private control of banking, land, industry, reinforced by command of the press, press agents and other means of publicity and propaganda".
The United States effectively has a one-party system, the business party, with two factions, Republicans and Democrats.
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