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by ger32
on 29/3/17
[The so-called] free market. But it’s not the kind of free market that Adam Smith and the classical “free market” economists had in mind. The rentier sector’s lobbyists have taken over peoples’ mind. This is what Killing the Host is all about. It’s the basic intellectual dynamic of parasitism…. That is what the parasitic sector, the FIRE [FinanceInsuranceRealEstate] sector, has done in modern economies. It makes Wall Street the planning center, not the elected government. That’s how the rentiers have taken over the economy.

goo.gl/DY7Pqi