“The eradication of the reforms and regulations in our capitalist democracy, which once put limits on capitalism, have given birth to a rapacious and unfettered corporate state. This corporate state preys on the population, dismantles institutions that serve the common good, orchestrates tax boycotts for itself and loots the U.S. Treasury at will. The corporate state, which has bought out the two ruling parties, has, however, severely weakened the ability of the state to cope, as we are seeing with the pandemic and its economic fallout, with external stress or a crisis. Richard Wolff in his
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