The new economic crisis flows from the very success of the Reagan cycle, which generated a great deal of wealth but distributed it in the end, as it did in the beginning, with a focus on increasing money for investment. But as with all cycles, the problem solved in the current cycle generates the problem to solve in the next. The social problem that flows from this economic crisis is the tension between the declining class, the industrial working class, and the coalition that has in some way benefited from the rise of what we might call the technological class—entrepreneurs and investors. And
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