“Much of what Tea Party candidates claimed about the world and the global economy during the 2010 elections would have earned their adherents a well-deserved F in any freshman economics (or earth science) class.”
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While history never repeats itself, political patterns do.
The ability of the 1 percent to buy politicians and regulators is nothing new in American politics - just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems.
As a parent and a citizen, I'll take a Bill Gates (or Warren Buffett) over Steve Jobs every time. If we must have billionaires, better they should ignore Jobs's example and instead embrace the morality and wisdom of the great industrialist-philanthropist Andrew Carnegie.
Three centuries after the appearance of Franklin's 'Courant, ' it no longer requires a dystopic imagination to wonder who will have the dubious distinction of publishing America's last genuine newspaper. Few believe that newspapers in their current printed form will survive.
