The Investment Theory of Politics

[leveymg]

2. Makes way more sense than Public Choice Theory and other conventional models. Way more.

Last edited Tue Jan 3, 2012, 03:56 PM - Edit history (2)

In view of the Supreme Court's Citizen's United decision, and Obama's key economic advisor appointments, and this Administration's failure to pursue prosecution of major Wall Street figures, I don't see how one could conclude otherwise.

While I wasn't previously familiar with Ferguson (I will surely read some of his work), my own thinking on the subject has become essentially the same as that which appears at the Wiki. Confirmedly so.

On edit, I recommend the following essay that references the work of Ferguson and another critical political economist, William Domhoff, http://monthlyreview.org/2006/07/01/the-power-of-the-rich